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International Microfinance Research Workshop

Fortune Institute of International Business (FIIB), New Delhi, in partnership with Banque Populaire Chair in Microfinance of the Burgundy School of Business, Dijon, France, Sa-Dhan, New Delhi and Sahulat Microfinance Society, New Delhi organized the First Annual International Microfinance Research Workshop on 15th & 16th July 2016.

The workshop was inaugurated by Prof. Arvind Ashta, Professor, Burgundy School of Business, France, Dr. P Satish, Executive Director, Sa-Dhan, Dr. Anil Kumar Sinha, Director, FIIB and Mr. Arshad Ajmal, Vice President, Sahulat Microfinance Society, in the presence of participants from Switzerland, Brazil, France, Bangladesh, Mozambique and India, along with the faculty of FIIB. Dr. Anil Kumar Sinha welcomed the participants to the workshop and spoke about the potential of microfinance organisations in understanding the needs of the poor and providing loans for income generation. Prof. Arvind Ashta, Dr. P Satish, and Mr. Arshad Ajmal emphasised on the need for microfinance and crowdfunding, the role of regulatory mechanism and the need of interest-free microfinance for the benefit of the poor masses.

A book edited by Dr. Amiya Kumar Mohapatra of FIIB titled as 'Microfinance and Financial Inclusion' was also released in the workshop.

The papers presented and discussed at the workshop were very relevant to the theme of the conference. Research papers on social entrepreneurship, self-help groups and financial inclusion and loan overdue classification were discussed in the first session of the workshop. In the second session of the workshop, papers on interest-free microfinance, wood artisans of West Bengal and the problem of credit rationing and the crowdfunding were discussed in detail. In the third session, experience of launching innovative digital models in agrarian communities was shared and corporate governance issues were discussed for the microfinance sector. The two-day event also included a field visit to villages in Pilkhuwa, Uttar Pradesh.

The workshop came to an end with concluding remarks from Prof. Arvind Ashta, and the delivery of the vote of thanks by Dr. Amiya K Mohapatra.

International Workshop Organising Committee (FIIB): Dr. Anil Kumar Sinha, Dr. Amiya Kumar Mohapatra, Dr. Asheesh Pandey & Prof. Utkarsh



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