CMF has been playing a vital role in microfinance networking as focal point since its inception as project with CECI in 1998. As project mandate, it was registered in 2000 as national autonomous institution to establish market system through market function, institutional development and client protection. It also advocates for policy changes involving entire stakeholders, staff members and project advisors. During the evolving stage of CMF, it has also invited institutions to be the shareholding members, and associate members. There are altogether 54 members of CMF network including 25 microfinance experts, 2 associations, and 27 institutions in Nepal. As national network, it provides the members with technical assistance, information and knowledge sharing, visibility of member institutions, workshop and summit, training and exposure visits, social and financial performance reporting.