Sa-Dhan Newsletter Volume 3 Issue 2

Microfinance Regulation

Sa-Dhan's Mission Statement

" Sa-Dhan's mission is to build the field of Community Development Finance Institutions, help members and

associate institutions in rendering better services to low income households, particularly women both in rural

and urban India, in their quest for establishing a stable livelihood from improving their qualities of life.

AIMS AND OBJECTIVES

i)

To provide a forum for organisations and individuals engaged in the field of community development

finance to share and exchange experiences, expertise and resources.

ii)

Serve as a catalyst for building MicroFinance institutions

iii)  Strengthen the capacities of community development finance institutions through research, consultancy

and training in different aspects

iv)  Disseminate information about sound financial practices from both national and international experience

v)  Act as self regulating organizations for community development finance institutions and seek recognition

from relevant regulatory authorities

vi)  Establish linkages between members and resource institutions such as funding agencies, training and

consultancy and research institutions

vii)  Establish minimum standard of performance, both developmental and financial aspects which members

have to adhere

viii) Work with other networking bodies and coalition of community development finance institutions

ix)  To represent its members in governmental agencies such as RBI and other regulatory and policy making

bodies so as to promote community development finance and help create a favorable policy environment,

both at the national and international level. (Memorandum of Association, Sa-Dhan, 1999)

Membership Categories:

The two types of membership in Sa-Dhan are:

A)  Primary members are organizations with voting rights. They should be one of the following:

1.

Capacity Building Service Providers Organization (CBSP)

2.

Finance Service Providers Organization (FSP)

3.

Finance Institutions (FI)

B)  Associate members are organizations and individual members without voting rights

OFFICE BEARER:

Chair: Mrs. Ela R. Bhatt

Co-Chair: Mr. Vijay Mahajan

Treasurer: Mr. Sanjay Sinha

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SA-DHAN NEWSLETTER, PUBLISHED FOR PRIVATE CIRCULATION, BY MATHEW TITUS, NEW DELHI

The Association of Community Development Finance Institutions

B-4/3133, Vasant Kunj, New Delhi-110 070

Tel: 6138932 Fax: 6132629

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