The Microfinance Club of New York (MFCNY) was founded in 2003 with the goal of becoming a leading forum for the free exchange of information and ideas about microfinance, and to disseminate readily understandable, transparent and succinct information about microfinance. The MFCNY now has over 400 members. Most members are professionals with a background in financial services or microfinance; however, membership is open to anyone who supports the club's mission. The club has around 10 events per year on different topics currently relevant in microfinance. Events range from panel discussions to informal round table discussions.