News Desk, News Nation 360 : In collaboration with M2i, Equifax, MFIN, and Sa-Dhan, the Association of Microfinance Institutions – West Bengal (AMFI-WB) hosted the 9th edition of the Eastern India Microfinance Summit 2025. "Microfinance - On the Way to $5 Trillion Economy through Women Entrepreneurship & Financial Empowerment" was this year's summit subject. Microfinance is a potent tool for sustainable development. It empowers marginalized communities through financial inclusion, poverty alleviation, and gender equality. It democratizes access to capital, which fuels entrepreneurship and job creation. This year's session will bring together MFI practitioners, regulators, and funders to address critical challenges within the sector. India's ambitious target of a USD 5 trillion economy is pegged on the contributions of services, manufacturing, and agriculture. Microfinance institutions, Fintechs, and digital service providers are important elements in supporting sectors such as manufacturing and agriculture where women entrepreneurs primarily operate. With innovative intermediaries and advanced technology such as Generative AI augmenting financial access and inclusion- especially for unserved communities within the Indian landscape, digital financial services are empowering a large number of people in geographically remote and distant areas of the country with livelihoods to improve incomes as well as achieve social security. The 9th Eastern India Microfinance Summit, titled "Microfinance - On the path to $5 Trillion Economy through Women Entrepreneurship & Financial Empowerment," would bring together banking, microfinance, investment, insurance, Fintech, and healthcare industry stakeholders on one platform. This summit would help share insights and collaborate on strategies that could identify opportunities for partnerships, thereby contributing to India's growth with a focus on women's empowerment.
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