IFMR Foundation is a not-for-profit (Section 25) company promoted by IFMR Trust in order to advance the mission of universal access to financial services.

IFMR Foundation complements existing efforts in the arena of access to financial services by:

»	Supporting practice-relevant action-research and pilot projects on access to finance and influencing thinking and action among key sectoral actors

The Foundation extends funding and other resource support to initiatives that help in building a critical understanding of the existing state of access to financial services and the reasons for exclusion.

The Foundation also supports research and development on demand and supply-side factors such as:

»	Product designs and delivery channels
»	Reduction in the transaction costs of financial services through operational innovations including technology applications
»	Improving institutional ability to respond to the financial services needs of low-income households
»	Generating sustainable demand for useful financial services
»	Improving competition and responsible practices among financial service providers

The Foundation will synthesize and disseminate knowledge, and engage in advocacy at different levels to bring about changes required to increase access to financial services.

The various constituents of the IFMR Foundation are: