The Inclusive Finance India Awards (earlier Microfinance India Awards) were instituted by ACCESS in 2009 with support from HSBC, India to honor individuals and institutions that have shown exemplary commitment towards promoting the cause of providing financial services and have made significant contribution to the growth of the sector. Although there has been a scathing critique on the sector drifting from its mission, several institutions have been steadfast in pursuing the goal of providing financial services through a customer centric, innovative, fair and transparent manner; remaining resolute in their pursuit to social commitment. The Inclusive Finace India Awards is an endeavor in recognizing and honoring individuals and institutions that have indefatigably worked towards promoting sector goals of scaling financial services and in supporting inclusive growth. The inspiration behind Microfinance India Awards was also to institute a mechanism to recognize the larger contribution of several thought leaders, practitioners, policy makers, promoters and researchers to this sector. The idea of the Inclusive Finance India Awards is now well recognized and respected within the sector. ACCESS proposes to continue with the initiative.

Inclusive Finance India Awards 2017, which will be presented on the first day of the Inclusive Finance India Summit, scheduled for December 11th and 12th, 2017 at Hotel Ashok, New Delhi. The 2017 Awards will be presented for the following categories:

  • Microfinance Organization (MFO) of the Year (Large)
  • Microfinance Organization (MFO) of the Year (Small and Medium)
  • Self Help Group Promoting Institution (SHPI) of the Year( Large )
  • Self Help Group Promoting Institution (SHPI) of the Year( Small)
  • Enabling Institution of the Year
  • Lifetime Contribution to the Sector by an Individual
  • RRBs lending to SHGs

We are fortunate to include prominent and committed sector leaders viz. Nandan Nilekani, Ela Bhatt, Vijay Mahajan, Aloysius Fernandez, Y.C. Nanda, N K Maini and some of the best examples of microfinance organizations, such as, Ujjivan, Bandhan, SKDRDP, FWWB India and multilateral organisation like DFID as past recipients of the Awards.

  • The winners will be examples of excellence, hardwork and dedication to sustainable development and will be the role models for the rest of the sector
  • Cash prize of INR 100,000 and a trophy will be presented to the winner to commemorate the achievement of the selected institution/individual
  • Scholarships by DFID India to attend an international traning programme for the winners under the category of level Small and-Medium MFO of the year, Large Self Help Group Promoting Institution of the Year and Small-Medium Self Help Group Promoting Institution of the Year.
  • The Winner in the SHPI Categories will also be felicitated with the NABARD's Grant Assistance
  • Profiles of the short listed institutions/individuals will be widely distributed as part of the compendium during the Inclusive Finance India Summit proceedings
  • The Awards presentation ceremony will be attended by prominent microfinance practitioners, luminaries from the financial and development sectors , and researchers associated with the sector