SIDBI Foundation for Micro Credit

SIDBI Foundation for Micro Credit (SFMC) was launched by SIDBI in January 1999 for channelizing funds to the poor in line with the success of pilot phase of Micro Credit Scheme.


SFMC's mission is to create a national network of strong, viable and sustainable Micro Finance Institutions (MFIs) for providing micro finance services to the economically disadvantaged people, especially women.


SFMC is the apex wholesaler for micro finance in India providing a complete range of financial and non-financial services such as loan funds, grant support, equity and institution building support to the retailing Micro Finance Institutions (MFIs) so as to facilitate their development into financially sustainable entities, besides developing a network of service providers for the sector.

Code of Conduct Assessments (COCA)

SIDBI has helped develop a Code of Conduct Assessment Tool, which applies to providing credit services, recovery of credit, collection of thrift, etc., for MFIs to assess their degree of adherence to the voluntary microfinance Code of Conduct formulated by the MFIs. Further to upgrade the tool, SIDBI developed, piloted and rolled out a Harmonized COCA Tool (HCT) in consultation with other stakeholders.

For details, please click here

Who Can Apply?
Policy document
Archived Documents/ Publications
  1. COCA reports
  2. Sectoral Studies
  3. Impact Assessment Studies
  4. SIDBI’s Coffee Table Book You Tube Link:
Contact SFMC