The Institute for Financial Management and Research (IFMR), a nonprofit organization based in India, recently announced that it is planning to roll out an interactive map service offering information to the public on its subsidiary microfinance institution (MFI), Kshetriya Gramin Financial Services (KGFS).
The service, which is soon to be made available on the IFMR website, will be able to perform basic descriptive analysis such as count, mean and variance on the map at the macro level and answer queries across various parameters such as transaction frequency of customers in a particular village, outstanding loan portfolio, insurance customers within 2 kilometers from branch location and others.
It is unclear whether the service would be expanded to incorporate data from other MFIs.
About the Institute for Financial Management and Research (IFMR):
Institute for Financial Management and Research (IFMR) is a non-profit organization established in 1970 by ICICI, the House of Kotharis, and other major industrial groups. It is based in Chennai, India. The institute focuses on three main areas, including academic programs, research and innovation, as well as executive training and consulting. Its affiliated research centers include: Centre for Micro Finance (CMF), Centre for Development Finance (CDF), Small Enterprice Finance Centre (SEFC), Centre for Insurance & Risk Management (CIRM), Center for Advanced Financial Studies (CAFS), Centre for Innovative Financial Design (CIFD) and Jameel Poverty Action Lab (J-PAL).
By Trevor Kwong, Research Assistant
Sources and Additional Resources:
[1] Source Article: IFMR: There’s a Map for that:
[2] MicroCapital Universe: Institute for Financial Management and Research (IFMR):
Browse the MicroCapital Universe and add your entry to the wiki at https://www.microcapital.org/microfinanceuniverse/tiki-index.php
Similar Posts:
- MICROCAPITAL BRIEF: Universal Insurance Launches Mobile App, Referral Platform in Nigeria
- MICROCAPITAL BRIEF: AIA Commits $200m to LeapFrog Investments Seeking Positive Social, Environmental Impact
- MICROCAPITAL BRIEF: DID Loaning $2m from Aequitas Fund to Faces Microfinanzas for Microfinance in Ecuador
- MICROCAPITAL BRIEF: JuST Institute Preview of Training on Delivering Climate, Biodiversity & Inclusive Finance to Smallholder Farmers Available Online December 12, 2023
- MICROCAPITAL BRIEF: Online Today in Spanish, November 22 in French – JuST Institute Announcing Mentoring Program for MFIs Embracing Biodiversity, Climate Adaptation