Three Action Research Programmes are currently implemented by MicroSave in India. For information about the activities of MicroSave in Africa and related articles, please refer to the Clients page.
- The Action Research Programme for Innovation
- The Nascent/High Potential MFIs Programme
- Institutional Support and Development Programme
The Action Research Programme for Innovation (Supported by the Bill & Melinda Gates Foundation and HDFC)
The Action Research Programme is the core component of MicroSave and operates from two pilot test areas of North / North-East and South India. MicroSave works with a variety of partners, drawn from private and public sector banks, cooperatives, non-bank financial companies and NGO microfinance institutions, to develop and test a variety of market-led, innovative products and delivery systems. The participating organisations are selected on the basis of a request for partnerships and evaluated on the basis of the innovations in product design/delivery systems and the institutional ability and commitment to implement them. Over the next 6 year period, a wide variety of products and models will be tested in the pilot-test areas. MicroSave will work with the institutions to facilitate and support the rollout of successful models nationwide and expects to see well over 2 million clients served with new/refined products and delivery systems. MicroSave’s Action Research Partners (ARPs) under the Gates Project are:
Click here to view the Current partners for the Action Research Programme for Innovation
The Nascent/High potential MFIs Programme (supported by Royal Bank of Scotland Foundation India and Cordaid, Netherlands)
Royal Bank of Scotland Foundation India (RBSFI)/Cordaid had initiated capacity building work with 5 microfinance organisations in Uttar Pradesh, Bihar and Assam in Phase I. The assistance was extended to 16 more partners as the States of Uttaranchal, Jharkhand and Maharashtra were added in Phase II. In the current year 18 new partners have been identified for the Technical Assistance. New States added in phase III are Rajasthan, Madhya Pradesh, West Bengal and Manipur. The RBSFI/MicroSave TA programme now reaches to 39 MFIs in 10 States.
These institutions require large amounts of technical assistance/capacity building and RBSFI identified MicroSave as a potential source of technical inputs to these institutions. MicroSave was charged with providing the following training and technical assistance (both on-site and off-site) inputs to the MFIs:
- Strategic Business Planning and Financial Projections
- Accounting Systems/Manual Development
- Financial/Fund Management
- Process Mapping/Operations Manual Development
- Internal Audit and Control
- HR systems and Manual Development
- Governance
Click here to view MicroSave’s Action Research Partners (ARPs) under the RBSFI Project
Institutional Support and Development Programme (for Opportunity International Australia/DIA-Vikas Partners)
Opportunity International Australia (OIA)/DIA Vikas Capital (DIA) is a “patient capital” investor with a clear focus on a business-based approach and the double bottom line, and thus, philosophically perfectly aligned with MicroSave. OIA/DIA is identifying, investing in and supporting, high potential MFIs, particularly, but not exclusively, in the North, East/North-East of India MicroSave has worked with OIA/DIA primarily to:
- Assess potential partner MFIs;
- Help the MFIs develop Strategic Business Plans and financial projections;
- Assist the MFIs develop products/delivery systems on the basis of an understanding of the markets they are serving; and
- Help MFIs refine processes and operations.










