Directory of Microfinance Institutions in India 2018

Download as doc, pdf, or txt
Download as doc, pdf, or txt
You are on page 1of 224

Andhra Pradesh

Name of the
Organization Rashtriya Seva Samithi (RASS)
Legal Form Society
State Head
Andhra Pradesh
Quarter
Head of the Dr. G. Muniratnam
Institution & Rashtriya Seva Samithi (RASS)
Contact Details Annamaiah Marg, Tirupathi
Pin Code-517501, Chittoor District
Andhra Pradesh
Ph: 0877-2242404, 2244210
E-mail: rassorg@gmail.com
Year of
1989
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Andhra Pradesh, Tamil Nadu
State(s)/UT(s)
TIER III MFI

No. of 5
Branch(es)
No. of Staff 122
Products & Micro Credit, Micro Insurance, Health
Services Offered & Sanitation, Education
Client Outreach
0.48
(in lakh)*
Net Loan Portfo- 99.12
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 99.12
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 25


Assam

Name of the
Ajagar Social Circle
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the
Mr. Hiren Kalita
Institution &
1st Floor Agia Bazar
Contact Details District - Goalpara
PIN-783120, Assam.
Ph: 03663-285078, 9435725238
E-mail:ajagarsocialcircle@yahoo.co.in
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Assam
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 22
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 3.42
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3.42
(` in crore)*
* as on 31st March 2018

26 Directory of Microfinance Institutions


(MFIs) in India
Assam
Name of the
Ajagar Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Assam
Quarter
Head of the
Mr. Hiren Kalita
Institution &
1st Floor Agia Bazar
Contact Details District-Goalpara
PIN-783120, Assam
Ph: 03663-285078, 9435725238
Email: financeajagar@gmail.com
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Assam
State(s)/UT(s)
TIER III MFI

No. of 6
Branch(es)
No. of Staff 21
Products &
Services Offered Micro Credit
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 7.51
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 7.51
Crore)*
Gross Loan
Portfolio 7.51
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 27


Assam

Name of the
Asomi Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Assam
Quarter
Head of the
Mr. Mahit Chandra Gayari
Institution &
ASOMI Campus, H/No. 32A
Contact Details B. R. Deka Path, NH- 37 By-pass,
Jalukbari, Guwahati-781009, Assam.
Ph: 8811045694
E-mail: mcgayari@asomi.org
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Assam
State(s)/UT(s)
TIER II MFI

No. of 35
Branch(es)
No. of Staff 214
Products &
Services Offered Micro Credit
Client Outreach
0.67
(in lakh)*
Net Loan Portfo- 12.00
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 51.04
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 51.04
Crore)*
Gross Loan
Portfolio 63.04
(` in crore)*
* as on 31st March 2018

28 Directory of Microfinance Institutions


(MFIs) in India
Assam
Name of the Deshabandhu Micro Finance and
Organization Livelihood Institution (DMLI)
Legal Form Sec 8 Company
State Head
Assam
Quarter
Head of the
Dr. Sanjib Sikidar
Institution &
Behara Bazar, Cachar (Silchar)
Contact Details PIN-788817, Assam
Ph: 9435174392
E-mail: deshabndhuclub@rediffmail.
com; dmlidbc@gmail.com
Year of
2013
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Assam
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 3
Products &
Services Offered Micro Credit
Client Outreach
0.002
(in lakh)*
Net Loan Portfo- 0.22
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.22
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 29


Assam

Name of the Grameen Development & Finance Pvt.


Organization Ltd.
Legal Form NBFC-MFI
State Head
Assam
Quarter
Head of the
Mr. Sarat Chandra Das
Institution &
Vill: Dubjani, Kulsi Road
Contact Details PO/PS: Chhaygaon, Dist: Kamrup
PIN-781124, Assam
Ph:3623261017
E-mail: grameendevfpl@gmail.com
Year of
2012
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Assam, Meghalaya, Nagaland
State(s)/UT(s)
III MFI

No. of 19
Branch(es)
TIER

No. of Staff 103


Products & Micro Credit, Micro Insurance,
Services Offered Capacity Building
Client Outreach
0.19
(in lakh)*
Net Loan Portfo- 30.37
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.68
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 31.06
(` in crore)*
* as on 31st March 2018

30 Directory of Microfinance Institutions


(MFIs) in India
Assam
Name of the
Nightingale Finvest Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Assam
Quarter
Head of the Mr. Mantu Nath Sarma
Institution & House No.85, D.R.Pathak Bhawan,
Contact Details Voltas Lane, Natun Sarania
Chandmari Guwahati
PIN-781003, Assam
Ph: (0361)2655401,
E-mail: nightingale2006@gmail.com
Year of
2011
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Assam, Meghalaya, Arunachal
Operating
Pradesh, Mizoram
State(s)/UT(s)
TIER III MFI

No. of 34
Branch(es)
No. of Staff 131
Products &
Services Offered Micro Credit
Client Outreach
0.43
(in lakh)*
Net Loan Portfo- 45.53
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 15.50
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 15.50
Crore)*
Gross Loan
Portfolio 61.03
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 31


Assam

Name of the Prochesta Thrift & Credit Co-Operative


Organization Society Asom Ltd.
Legal Form MACS or Cooperative
State Head
Assam
Quarter
Head of the Dr. Anjana Borkakati
Institution & House No. 2, (2nd Floor)
Contact Details Sonadhar Senapati Path, Opposite
Goswami Service Station, Silpukhuri,
Guwahati- PIN- 781003, Assam
Ph:361- 2517230, 2511794
E-mail:prochesta@hotmail.com
Year of
2001
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Assam
State(s)/UT(s)
TIER III MFI

No. of 6
Branch(es)
No. of Staff 31
Products & Micro Credit, Thrift & Microsaving,
Services Offered Micro Insurance
Client Outreach
0.03
(in lakh)*
Net Loan Portfo- 4.89
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.89
(` in crore)*
* as on 31st March 2018

32 Directory of Microfinance Institutions


(MFIs) in India
Assam
Name of the
SATRA Development Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Assam
Quarter
Head of the
Mr. Nani Kumar Saikia
Institution &
Dhanai Bora Chowk
Contact Details Sipajhar P.O- Sipajhar
Dist- Darrang, PIN-784145, Assam
Ph: 9435185878,7002100736
E-mail: satradevfin@gmail.com
Year of
2011
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Assam
State(s)/UT(s)
TIER III MFI

No. of 3
Branch(es)
No. of Staff 22
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 7.26
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 7.26
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 33


Assam

Name of the
UNACCO Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Assam
Quarter
Head of the Mr. N. Irabanta Singh
Institution & 3rd Floor, Building No-12, SB Complex
Contact Details Bishnu Rabha Path
Bhetapara Chariali
Guwahati- 781028 Assam
Ph: 0361-2301208
E-mail: unacco_ro@rediffmail.com
Year of
2008
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Assam,Tripura, West Bengal, Mizoram,
Operating
Sikkim
State(s)/UT(s)
TIER III MFI

No. of 29
Branch(es)
No. of Staff 152
Products &
Services Offered Micro Credit
Client Outreach
0.46
(in lakh)*
Net Loan Portfo- 73.33
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 73.33
(` in crore)*
* as on 31st March 2018

34 Directory of Microfinance Institutions


(MFIs) in India
Bihar
Name of the
Adi Chitragupta Finance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Bihar
Quarter
Head of the Mr. Gyan Mohan
Institution & ACFL-Micro Finance
Contact Details 186A, Patliputra Colony
Main Road Patliputra, Opp. Sahyog
Hospital, Patna-800013, Bihar
Ph: 9920042390
E-mail: gyan.mohan@acfl.co.in
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Bihar
State(s)/UT(s)
TIER III MFI

No. of 6
Branch(es)
No. of Staff 48
Products &
Services Offered Micro Credit
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 14.13
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 14.13
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 35


Bihar

Name of the Center for Promoting Sustainable


Organization Livelihood
Legal Form Society
State Head
Bihar
Quarter
Head of the Mr. Sunil Choudhary
Institution & House No 22, R. L. Enclave, Duplex
Contact Details Colony, Near Sonali Auoto
Byepass Road, Vishnupuri,
Anishabad, Patna, PIN-800002, Bihar
Ph: 9431012521
E-mail: sunil.choudhary@rojiroti.org
Year of
2003
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Bihar
State(s)/UT(s)
III MFI

No. of
Branch(es) 3
TIER

No. of Staff 41
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 1.32
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.32
(` in crore)*
* as on 31st March 2018

36 Directory of Microfinance Institutions


(MFIs) in India
Bihar
Name of the Centre for Development Orientation
Organization And Training (CDOT)
Legal Form Society
State Head
Bihar
Quarter
Head of the
Institution & Mr. R. R. Kalyan
Contact Details Gola Road, Behind SBI,
Patna, PIN-801503, Bihar
Ph: 8084412345, 8407804334
E-mail: rrkalyan@cdotbihar.org

Year of
2007
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Bihar, Jharkhand
State(s)/UT(s)
TIER III MFI

No. of 15
Branch(es)
No. of Staff 41
Products &
Micro Loan, Insurance and Pension
Services Offered
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 3.63
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 6.31
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 6.31
Crore)*
Gross Loan
Portfolio 9.94
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 37


Bihar

Name of the
Mass Care International
Organization
Legal Form Society
State Head
Bihar
Quarter
Head of the
Mr. Priya Ranjan
Institution &
H.No.62, Road No.1
Contact Details Friend's Colony, Ashiana Nagar, Patna
PIN-800025, Bihar
Ph: 9955249123
E-mail: masscareint@gmail.com
Year of
2005
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Bihar
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 6
Products & Micro Credit, Micro Insurance, Health
Services Offered & Sanitation, Education
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 0.60
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.20
(` in crore)*
* as on 31st March 2018

38 Directory of Microfinance Institutions


(MFIs) in India
Bihar
Name of the
Sahayog Development Services
Organization
Legal Form Sec 8 Company
State Head
Bihar
Quarter
Head of the Mr. Raman Shyam Singh
Institution & Flat 22, Mehar Kunj Apartment
Contact Details RD No. 3E Beside Pensioner Bhawan,
New Patliputra Colony
Patna, PIN-800013, Bihar
Ph: 06122269922, 9771497500
Email: raman@sahyogbs.com
Year of
2014
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Bihar
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 27
Products &
Services Offered Micro Credit
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 5.81
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.81
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 39


Chattisgarh

Name of the
Aviral Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Chattisgarh
Quarter
Head of the
Mr. Vivek Golechha
Institution &
Nalghar Chowk Near Mayor Office
Contact Details OCM Chowk Raipur
PIN-492001, Chattisgarh
Ph: 9425505060
E-mail: vivek@aviralfinance.com
Year of
2016
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Chhattisgarh
State(s)/UT(s)
III MFI

No. of 12
Branch(es)
TIER

No. of Staff 134


Products &
Services Offered Micro Credit
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 14.35
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 14.35
(` in crore)*
* as on 31st March 2018

40 Directory of Microfinance Institutions


(MFIs) in India
Chattisgarh
Name of the
Mitaan Sewa Samiti**
Organization
Legal Form Society
State Head
Chattisgarh
Quarter
Head of the
Mr. Tapash Chatterjee
Institution &
Near Shiv Mandir
Contact Details Hardware Line, Supela
Bhilai, PIN-490023, Chhattisgarh
Ph: 7898872991
Email: mitaan.ngo@gmail.com
Year of
2018
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Chattisgarh
State(s)/UT(s)
No. of
NA
Branch(es)
No. of Staff NA
Products &
Services Offered Micro Credit
Client Outreach
NA
(in lakh)*
Net Loan Portfo- NA
lio (` in crore)*
Managed/
Securitized
Portfolio (` in NA
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in NA
Crore)*
Gross Loan
Portfolio NA
(` in crore)*
* as on 31st March 2018 ** Planned chalk out but yet to start MF operation

Directory of Microfinance Institutions (MFIs) in India 41


Delhi

Name of the
Altura Financial Services Ltd.
Organization
Legal Form NBFC-MFI
State Head
Delhi
Quarter
Head of the Ms. Mala Kaur
Institution & A-1/3, 3rd Floor, Above ICICI Bank,
Contact Details Main Rohtak Road, Paschim Vihar,
New Delhi, PIN-110063, Delhi.
Ph. 011 45407737, 09599797211
E-mail: afs@alturafinancials.com,
finance@alturafinancials.com
Year of
2014
Establishment
Operating in No. 7
of State(s)/UT(s)
Name of the Haryana, Chhattisgarh, Gujarat,
Operating Maharashtra, Odisha, Rajasthan,
State(s)/UT(s) West Bengal
III MFI

No. of 44
Branch(es)
TIER

No. of Staff 213


Products &
Services Offered Micro Credit
Client Outreach
0.47
(in lakh)*
Net Loan Portfo- 79.27
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 79.27
(` in crore)*
* as on 31st March 2018

42 Directory of Microfinance Institutions (MFIs) in India


Delhi

Name of the
Capital Trust Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Delhi
Quarter
Head of the
Institution & Mr. Yogen Khosla
Contact Details 366, Sultanpur, MG Road
New Delhi, PIN-110030, Delhi
Ph: 9999074312
Email: info@capital-trust.com

Year of
2015
Establishment
Operating in No. 10
of State(s)/UT(s)
Name of the Bihar, Chhattisgarh, Delhi, Jharkhand,
Operating Madhya Pradesh, Odisha, Punjab, Ra-
State(s)/UT(s) jasthan, Uttarakhand, Uttar Pradesh
TIER III MFI

No. of
223
Branch(es)
No. of Staff
Products &
Services Offered Micro Credit
Client Outreach
0.47
(in lakh)*
Net Loan Portfo- 56.27
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 56.27
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 43


Delhi
Director
y of
Micro
finan
ce
Name of the Instit
Organization Fusion Microfinance Pvt. Ltd. ution
s
Legal Form NBFC-MFI (MFIs
State Head ) in
Quarter Delhi India
Head of the Mr. Devesh Sachdev
Institution & H1, Community Centre
Contact Details Near Gurudwara, Block H
Naraina Vihar, New Delhi-110028
Ph: 011-4664 6600
Email:contact@fusionmicrofinance.com
Year of
Establishment 2009
Operating in No. 14
of State(s)/UT(s)
Name of the Bihar, Chhattisgarh, Delhi, Haryana,
Operating Jharkhand, Madhya Pradesh, Maha-
State(s)/UT(s) rashtra, Odisha, Punjab, Rajasthan,
Uttar Pradesh, Uttarakhand, Himachal
TIER I MFI

Pradesh, West Bengal


No. of
Branch(es) 375
No. of Staff 3202
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 10.23

Net Loan Portfo- 1322.69


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 232.91
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 62.84
Crore)*
Gross Loan
Portfolio 1555.60
(` in crore)*
* as on 31st March 2018
Delhi

Name of the
Gramin Micro Credit Foundation
Organization
Legal Form Sec 8 Company
State Head
Delhi
Quarter
Head of the
Mr. Kumar Neelendu
Institution &
198A, Cariappa Marg, Sainik Farm,
Contact Details Saket, New Delhi, PIN-110062, Delhi
Ph: 9971797375
E-mail: kumar.n@gmcf.in,
info@gmcf.in
Year of
2015
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Bihar, Delhi, Uttar Pradesh
State(s)/UT(s)
TIER III MFI

No. of
6
Branch(es)
No. of Staff 18
Products &
Services Offered Micro Credit
Client Outreach
0.004
(in lakh)*
Net Loan Portfo- 0.56
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.56
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 45


Delhi

Name of the
Humana People to People India
Organization
Legal Form Sec 8 Company
State Head
Delhi
Quarter
Head of the Mr. Snorre Westgaard
Institution & 111/9-Z, Kishangarh, Vasant Kunj,
Contact Details Aruna Asaf Ali Marg
New Delhi - 110070, Delhi
Ph: 011-65137806, 32947734
E-mail:sudhanshu.humana@gmail.com,
ramesh.humanaindia@gmail.com
Year of
2007
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Rajasthan, Haryana, Uttar Pradesh,
Operating
Uttarakhand, Jharkhand
State(s)/UT(s)
TIER II MFI

No. of 37
Branch(es)
No. of Staff 276
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.50
(in lakh)*
Net Loan Portfo- 12.62
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 75.34
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 75.34
Crore)*
Gross Loan
Portfolio 87.96
(` in crore)*
* as on 31st March 2018

46 Directory of Microfinance Institutions (MFIs) in India


Delhi

Name of the
North East Region Finservices Ltd.
Organization
Legal Form NBFC
State Head
Delhi
Quarter
Head of the
Mr. Keishing James Lalrongbawl
Institution &
Jim Blessing Home, Ground Floor
Contact Details Sangaiprou, Airport Road,
Imphal, PIN- 795001, Manipur
Ph: 011-25614164
E-mail: corporatefinance@nerefs.co.in
Year of
2004
Establishment
Operating in No. 10
of State(s)/UT(s)
Name of the Assam, Manipur, Mizoram, Nagaland,
Operating Arunachal Pradesh, Tripura, Megha-
State(s)/UT(s) laya, Delhi, Uttrakhand, Punjab
MFITIER II

No. of
90
Branch(es)
No. of Staff 315
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
1.33
(in lakh)*
Net Loan Portfo- 350.56
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 350.56
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 47


Delhi

Name of the
Saija Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Delhi
Quarter
Head of the
Mr. Shashi Ranjan Sinha
Institution &
F-128 Jhandu Mansion R K,
Contact Details Mohammadpur, RK Puram,
New Delhi, PIN-110066, Delhi
Ph: 0612-2332009
E-mail: saija.inc@gmail.com
Year of
2013
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Bihar, Haryana, Jharkhand
State(s)/UT(s)
TIER I MFI

No. of 80
Branch(es)

No. of Staff 806


Products &
Services Offered Micro Credit
Client Outreach
2.52
(in lakh)*
Net Loan Portfo- 338.43
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 36.65
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 32.29
Crore)*
Gross Loan
Portfolio 375.08
(` in crore)*
* as on 31st March 2018

48 Directory of Microfinance Institutions (MFIs) in India


Delhi

Name of the
Satya Micro Capital Ltd.
Organization
Legal Form NBFC-MFI
State Head
Delhi
Quarter
Head of the Mr. Vivek Tiwari
Institution & DPT 519, DLF Prime Towers
Contact Details Okhla Industrial Area, Phase - 1
New Delhi, PIN- 110020, Delhi
Ph: 7290065001, 95829 23001,
Email: vivek.tiwari@satyamicrocapi-
tal.com
Year of
2016
Establishment
Operating in No. 7
of State(s)/UT(s)
Name of the Bihar, Chhattisgarh, Haryana,
Operating Punjab, Rajasthan, Uttar Pradesh,
State(s)/UT(s) Uttarakhand
MFITIER II

No. of
42
Branch(es)
No. of Staff 489
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.87
(in lakh)*
Net Loan Portfo- 175.54
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 43.25
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 218.79
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 49


Delhi

Name of the
Shikhar Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Delhi
Quarter
Head of the Mr. Satyavir Chakrapani
Institution & A-113, 2nd Floor, Palam Extn.
Contact Details Sector-7, Dwarka
New Delhi, PIN- 110077 Delhi
Ph: 011-28082353, 011-45502806
E-mail: ho.shikhar@shikharfin.com
satya.chakrapani@shikharfin.com
Year of
2007
Establishment
Operating in No. 7
of State(s)/UT(s)
Name of the
Bihar, Delhi, Haryana, Odisha, Uttar
Operating
Pradesh, Uttrakhand, Rajasthan
State(s)/UT(s)
III MFI

No. of 34
Branch(es)
TIER

No. of Staff 166


Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.44
(in lakh)*
Net Loan Portfo- 69.54
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.35
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.35
Crore)*
Gross Loan
Portfolio 69.54
(` in crore)*
* as on 31st March 2018

50 Directory of Microfinance Institutions (MFIs) in India


Delhi

Name of the
Prayatna Microfinanace Ltd.
Organization
Legal Form NBFC-MFI
State Head
Delhi
Quarter
Head of the
Mr. P. S. Hooda
Institution &
C. R. Park, B-208, Rockland Hotel
Contact Details New Delhi, PIN-110019, Delhi
Ph: 9717707771
Email: ps.hooda@prayatnamicrofi-
nance.com
Year of
2018
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Operating UP, MP, Bihar, Chattisgarh, Jharkhand
State(s)/UT(s)
TIER III MFI

No. of
25
Branch(es)
No. of Staff 55
Products &
Services Offered Micro Credit
Client Outreach
0.05
(in lakh)*
Net Loan Portfo- 10.8
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 10.8
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 51


Delhi

Name of the
Usha Financial Services Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Delhi
Quarter
Head of the Ms. Geeta Goswami
Institution & 330, Mezzanine Floor, Functional
Contact Details Industrial Estate, Patparganj
New Delhi – 110092
Ph: 011-40041541, 9953523321
E-mail : geetagoswami@ushafinan-
cial.com
Year of
2017
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Operating Bihar, Delhi, Rajasthan, Uttar Pradesh
State(s)/UT(s)
III MFI

No. of 18
Branch(es)
TIER

No. of Staff 69
Products &
Services Offered Micro Credit
Client Outreach
0.2
(in lakh)*
Net Loan Portfo- 60.32
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 60.32
(` in crore)*
* as on 31st March 2018

52 Directory of Microfinance Institutions


(MFIs) in India
Gujarat
Name of the
Ceejay Microfin Ltd**
Organization
Legal Form NBFC-MFI
State Head
Gujarat
Quarter
Head of the
C.J.House, Mota Pore
Institution &
Nadiad-387001, Gujarat, India
Contact Details Phone : (0268)-2562633/34,
Email:info@ceejayfinancelimited.com
investors@ceejayfinancelimited.com,
ahmedabad@linkintime.co.in
Year of
2015
Establishment
Operating in No. Gujarat
of State(s)/UT(s)
Name of the
Operating 1
State(s)/UT(s)
No. of
NA
Branch(es)
No. of Staff NA
Products &
Services Offered Micro Credit
Client Outreach
NA
(in lakh)*
Net Loan Portfo- NA
lio (` in crore)*
Managed/
Securitized
Portfolio (` in NA
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in NA
Crore)*
Gross Loan
Portfolio NA
(` in crore)*
* as on 31st March 2018 ** Received NBFC-MFI licence but yet to start MF operation

Directory of Microfinance Institutions (MFIs) in India 53


Gujarat

Name of the
Organization Light Microfinance Pvt. Ltd.
Legal Form NBFC-MFI
State Head
Quarter Gujarat
Head of the Mr. Rakesh Kumar
Institution & 104 Pinnacle Business Park
Contact Details Corporate Road, Prahladnagar,
Ahmedabad-380015, Gujarat.
R.O.: 202 Nilgiri, 9, Barakhamba Road
New Delhi–110001 Ph: 079-40050059,
Email: rakesh.kumar@
lightmicrofinance.com
Year of
Establishment 2014
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Gujarat, Rajasthan
TIER II MFI

State(s)/UT(s)
No. of
Branch(es) 40
No. of Staff 395
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 0.59

Net Loan Portfo- 113.97


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 18.02
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 8.16
Crore)*
Gross Loan
Portfolio 131.99
(` in crore)*
* as on 31st March 2018

54 Directory of Microfinance Institutions


(MFIs) in India
Gujarat
Name of the
Namra Finance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Gujarat
Quarter
Head of the Mr. Jayendra Patel
Institution & 502-3-4, Sakar III, Opp. Old High Court
Contact Details Off. Ashram Road
Ahmedabd-380014, Gujarat.
Ph: 79-30005000
E-mail: finance@armanindia.com,
amit@armanindia.com
Year of
2014
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the Gujarat, Madhya Pradesh,
Operating Maharashtra, Uttar Pradesh,
State(s)/UT(s) Uttrakhand
TIER II MFI

No. of 108
Branch(es)
No. of Staff 755
Products &
Services Offered Micro Credit
Client Outreach
2.06
(in lakh)*
Net Loan Portfo- 287.46
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 29.56
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 317.02
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 55


Gujarat

Name of the
Pahal Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Gujarat
Quarter
Head of the Mr. Kartik Mehta and Ms. Purvi Bhavsar
Institution & First Floor, 2, City Mall
Contact Details Nr. Rajpath Club, Opp. Madhur Hotel
S.G Highway, Bodakdev
Ahmedabad - 380059, Gujarat.
Ph: 079-40373857
E-mail: ho@pahalfinance.com
Year of
2011
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Gujarat, Maharashtra,
Operating
Madhya Pradesh, Rajasthan
State(s)/UT(s)
TIER II MFI

No. of 71
Branch(es)
No. of Staff 383
Products & Micro Credit, Micro Insurance,
Services Offered Remittances
Client Outreach
1.21
(in lakh)*
Net Loan Portfo- 193.29
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 29.73
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 2.89
Crore)*
Gross Loan
Portfolio 223.02
(` in crore)*
* as on 31st March 2018

56 Directory of Microfinance Institutions


(MFIs) in India
Gujarat
Name of the Prayas (Organization for Sustainable
Organization Development)
Legal Form Trust
State Head
Gujarat
Quarter
Head of the Mr. Bhadresh Rawal
Institution & Satyam-1/308, Amba Business Park,
Contact Details Above SBI/HDFC Bank
Trimandir Campus, Adalaj, District-
Gandhinagar-382421, Gujarat
Ph: 9624004045
E-mail:mail@prayas4development.org
Year of
2007
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Gujarat, Rajasthan, Madhya Pradesh
State(s)/UT(s)
III MFI

No. of 22
Branch(es)
TIER

No. of Staff 110


Products &
Services Offered JLG, Sanitation & Housing Loans
Client Outreach
0.26
(in lakh)*
Net Loan Portfo- 22.11
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 9.47
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 9.47
Crore)*
Gross Loan
Portfolio 31.58
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 57


Gujarat

Name of the Shree Mahila Sewa Sahakari Bank


Organization Ltd. (Sewa Bank)
Legal Form MACS or Cooperative
State Head
Gujarat
Quarter
Head of the
Ms. Jayshree Vyas
Institution &
109, Sakar-II, Opp. Town Hall
Contact Details Ellisbridge, Ahmedabad-380006
Gujarat
Ph. 079-26581652/079-26581597
E-mail kashyapi@sewabank.com
Year of
1974
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Gujarat
State(s)/UT(s)
TIER III MFI

No. of 13
Branch(es)
No. of Staff 220
Products & Micro Credit, Micro Insurance, Pension, Fi-
Services Offered nancialLiteracyandBusinessCounselling
Client Outreach
0.27
(in lakh)*
Net Loan Portfo- 178.11
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 178.11
(` in crore)*
* as on 31st March 2018

58 Directory of Microfinance Institutions


(MFIs) in India
Gujarat
Name of the
Shroff Capital And Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Gujarat
Quarter
Head of the Mr. Ravikantbhai B Thakkar
Institution & Thakkar Shopping Centre
Contact Details At & PO. Bajwa
Dist. Vadodara, PIN-391310, Gujarat
Ph: 0265-2232361, 2230778,
9825026478,
E-mail: hemalshroff@yahoo.com
Year of
2010
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Gujarat
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 6
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 4.16
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.16
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 59


Gujarat

Name of the
Swayam Micro Services
Organization
Legal Form Sec 8 Company
State Head
Gujarat
Quarter
Head of the Dr. H. C. Pattnaik
Institution & 3rd Floor, Kailash B
Contact Details Behind HDFC Bank, Opposite Drive in
Cinema, Drive in Road
Ahmedabad-380054, Gujarat.
Ph: 079-48001046,
E-mail: swayam.micro@gmail.com
Year of
2011
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Gujarat
State(s)/UT(s)
TIER III MFI

No. of 7
Branch(es)
No. of Staff 59
Products &
Services Offered Micro Credit
Client Outreach
0.11
(in lakh)*
Net Loan Portfo- 15.25
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 15.25
(` in crore)*
* as on 31st March 2018

60 Directory of Microfinance Institutions


(MFIs) in India
Gujarat
Name of the The Saath Saving And Credit Co. Op.
Organization Society Ltd.
Legal Form MACS or Cooperative
State Head
Gujarat
Quarter
Head of the Mr. Divyang Bhatnagar
Institution & 0/102, Nandavan-V
Contact Details Near Prernatirth Jain Derasar,
Jodhpur, Ahmedabad-380015
Gujarat
Ph: 9879522576
E-mail: divyang@saath.org
Year of
2010
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Gujarat
State(s)/UT(s)
III MFI

No. of 12
Branch(es)
TIER

No. of Staff 102


Products &
Services Offered Saving, Credit and Insurance
Client Outreach
0.08
(in lakh)*
Net Loan Portfo- 16.91
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 16.91
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 61


Haryana

Name of the Anandita Micro Credit Services


Organization Foundation
Legal Form Sec 8 Company
State Head
Haryana
Quarter
Head of the
Mr. N.K. Mohapatra
Institution &
Ground Floor, Choudhary House
Contact Details Block- B, Sector- 49, South City-2
Near Sarva Haryana Gramin Bank
Gurugram, PIN-122018, Haryana
Ph: 9810057710
Year of
2016
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Odisha, Haryana
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 10
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 0.52
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.52
(` in crore)*
* as on 31st March 2018

62 Directory of Microfinance Institutions


(MFIs) in India
Haryana
Name of the
S V Creditline Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Haryana
Quarter
Head of the
Mr. Rakesh Dubey
Institution &
5th Floor, Tower B, SAS Towers
Contact Details Medicity, Sector - 38
Gurugram - 122001, Haryana
Ph: 0124-4834600, Extn.- 4601
E-mail: rakesh.dubey@svcl.in
Year of
2010
Establishment
Operating in No. 9
of State(s)/UT(s)
Name of the Bihar, Chattisgarh, Haryana, Jharkhand,
Operating Madhya Pradesh, Punjab, Rajasthan ,
State(s)/UT(s) Uttar Pradesh, Uttarakhand
TIER I MFI

No. of
Branch(es) 226

No. of Staff 1887


Products &
Services Offered Micro credit
Client Outreach
5.46
(in lakh)*
Net Loan Portfo- 468.85
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 394.53
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 378.65
Crore)*
Gross Loan
Portfolio 863.38
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 63


Haryana

Name of the
Organization Satin Creditcare Network Ltd.
Legal Form NBFC-MFI
State Head
Quarter Haryana
Head of the Mr. H.P. Singh
Institution & Floor 1 & 3, Plot No - 97, Sector-44,
Contact Details Gurugram-122003, Haryana
Ph: 011-47545000
E-mail : hpsingh@satincreditcare.com
Year of
Establishment 2009
Operating in No. 18
of State(s)/UT(s)
Name of the Assam, Bihar, Chandigarh, Chhattisgarh,
Operating Delhi, Gujarat, Haryana, Himachal
State(s)/UT(s) Pradesh, Jammu & Kashmir, Jharkhand,
Madhya Pradesh, Maharashtra, Odisha,
Punjab, Rajasthan, Uttar Pradesh,
TIER I MFI

UttraKhand, West Bengal


No. of
Branch(es) 809
No. of Staff 7653
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 24.02

Net Loan Portfo- 4302.79


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 782.01
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5084.80
(` in crore)*
* as on 31st March 2018

64 Directory of Microfinance Institutions


(MFIs) in India
Haryana
Name of the
Sona Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Haryana
Quarter
Head of the
Institution & Dr. Aqueel Ahmed Khan
Contact Details V-29/11A, DLF Phase-3
Gurugram-122002, Haryana
Ph: 9810118957
Email: akhan@mitrata.in

Year of
2017
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Uttar Pradesh, Madhya Pradesh, Bihar
State(s)/UT(s)
III MFI

No. of 9
Branch(es)
TIER

No. of Staff 69
Products &
Services Offered Micro Finance Loans
Client Outreach
0.09
(in lakh)*
Net Loan Portfo- 12.03
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 12.03
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 65


Jharkhand

Name of the Micro Enterprise and Sustainable


Organization Project (MESP)
Legal Form Sec 8 Company
State Head
Jharkhand
Quarter
Head of the
Mr. Niladri Sekhor Mukherjee
Institution &
Belabagan, Opp of DFO Office
Contact Details PO & DT-Deoghar-814112
Jharkhand.
Ph: 9955605754, 06432-275566,
E-mail: mesp.mukherjee4@gmail.com
Year of
2010
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Jharkhand
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 6
Products & Micro Credit, Micro Insurance and
Services Offered Micro Pension
Client Outreach
0.005
(in lakh)*
Net Loan Portfo- 0.35
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.35
(` in crore)*
* as on 31st March 2018

66 Directory of Microfinance Institutions


(MFIs) in India
Jharkhand
Name of the
Nav Bharat Jagriti Kendra
Organization
Legal Form Society
State Head
Jharkhand
Quarter
Head of the
Mr. Satish Girija
Institution &
At-Amritnagar, PO Korrah,
Contact Details Dist. Hazaribag-825301
Jharkhand
Ph: 0654626332, 9431140508
Email: satishgirija@gmail.com
Year of
1995
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Jharkhand, Bihar
State(s)/UT(s)
III MFI

No. of 12
Branch(es)
TIER

No. of Staff 48
Products &
Services Offered Micro Credit
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 13.56
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 13.56
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 67


Jharkhand

Name of the
Vedika Credit Capital Ltd.
Organization
Legal Form NBFC-MFI
State Head
Jharkhand
Quarter
Head of the
Mr. Gautam Jain
Institution &
406, Shri Lok Complex, 4th Floor
Contact Details H.B. Road, Ranchi, PIN- 834001
Jharkhand
Ph: 9431115134
E-mail: ceo@teamvedika.com
Year of
2005
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Assam, Bihar, Jharkhand,
Operating
Uttar Pradesh, West Bengal
State(s)/UT(s)
TIER II MFI

No. of 109
Branch(es)
No. of Staff 708
Products &
Services Offered JLG and Micro Housing
Client Outreach
2.04
(in lakh)*
Net Loan Portfo- 320.77
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 125.43
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 125.43
Crore)*
Gross Loan
Portfolio 446.20
(` in crore)*
* as on 31st March 2018

68 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the
BSS Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the Mr. S Kumar
Institution & No. 11, 2nd Block, 2nd Stage
Contact Details Outer Ring Road, Near BDA Complex
Nagarbhavi Layout, Bengaluru
PIN-560072, Karnataka
Ph: 080-65732387
Email: bss@bssmicrofinance.co.in
Year of
1997
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Karnataka, Maharashtra,
Operating
Madhya Pradesh
State(s)/UT(s)
TIER I MFI

No. of
Branch(es) 98

No. of Staff 879


Products &
Services Offered Micro Credit
Client Outreach
2.53
(in lakh)**
Net Loan Portfo- 548.35
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 0
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 548.35
(` in crore)**
**asasonon31stMarch20182017

Directory of Microfinance Institutions (MFIs) in India 69


Karnataka

Name of the
Chaitanya India Fin Credit Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the Mr. Anand Rao & Mr. Samit S Shetty
Institution & 98, 3rd Floor, Sirsi Circle
Contact Details Mysore Road, Chamarajapet
Bengaluru, PIN-560018, Karnataka
Ph: 080-26750010, 9538880633
E-mail: anand@chaitanyaindia.in,
samit@chaitanyaindia.in
Year of
2009
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Karnataka, Maharashtra, Bihar
State(s)/UT(s)
TIER II MFI

No. of 146
Branch(es)
No. of Staff 1314
Products &
Services Offered Micro Credit
Client Outreach
2.45
(in lakh)*
Net Loan Portfo- 312.53
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 45.89
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 358.42
(` in crore)*
* as on 31st March 2018

70 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the
Credit Access Grameen Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the
Mr. Udaya Kumar
Institution &
No. 49, 46th Cross, 8th Block
Contact Details Jayanagar, Bengaluru
PIN- 560076, Karnataka, India
Ph: 9901100889,
E-mail:udayakumar@gfspl.in
Year of
1999
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Karnataka, Maharashtra, Tamil Nadu,
Operating
Madhya Pradesh, Chattisgarh
State(s)/UT(s)
TIER I MFI

No. of
Branch(es) 440

No. of Staff 5267


Products &
Micro Credit, Micro Insurance
Services Offered
Client Outreach
16
(in lakh)*
Net Loan Portfo- 3937
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3937
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 71


Karnataka

Name of the
IDF Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the Mr. Vivekanand N Salimath
Institution & Girija, 31/1, II Floor, Patalamma
Contact Details Temple Street, South End, Basavana-
gudi Bengaluru-560004, Karnataka
Ph: 080-23197714
E-mail: idff.chairman@gmail.com,
idf.finance@gmail.com
Year of
2009
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Karnataka, Maharashtra
State(s)/UT(s)
TIER III MFI

No. of 39
Branch(es)
No. of Staff 235
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.41
(in lakh)*
Net Loan Portfo- 80.18
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 80.18
(` in crore)*
* as on 31st March 2018

72 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the
Organization NABARD Financial Services Ltd.
Legal Form NBFC-MFI
State Head
Quarter Karnataka
Head of the Dr. B. S. Suran
Institution & #3072, 14th Cross, K R Road
Contact Details Banashankari IInd Stage
Bengaluru, PIN-560070, Karnataka
Ph: 080-26563222
E-mail: ho@nabfins.org
Year of
Establishment 1997
Operating in No. 14
of State(s)/UT(s)
Name of the Andhra Pradesh, Assam, Chhattisgarh,
Operating Jharkhand, Karnataka, Kerala,
State(s)/UT(s) Madhya Pradesh, Maharashtra, Tamil
Nadu, Mizoram, Telangana, Tripura,
Pondichery, Rajasthan
TIER I MFI

No. of
Branch(es) 95
No. of Staff 506
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 5.02

Net Loan Portfo- 1180.07


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1180.07
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 73


Karnataka

Name of the Navachetana Microfin Services Pvt.


Organization Ltd.
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the Mr. Nagendra V. Mali
Institution & Hetaishi, Shirur Group Building
Contact Details P.B.Road, Haveri,
PIN-581110, Karnataka
Ph: 9480696158,
E-mail: nagendra.mali@navachetana.
in
Year of
2006
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Karnataka, Maharashtra
State(s)/UT(s)
TIER II MFI

No. of 46
Branch(es)
No. of Staff 343
Products &
Services Offered Micro Credit
Client Outreach
0.72
(in lakh)*
Net Loan Portfo- 149.16
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 149.16
(` in crore)*
* as on 31st March 2018

74 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the
Nextru Livelihoods Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the Mr. Niranjan Sheelavant
Institution & No. 201, 2nd Floor, 60, Feet Shankar
Contact Details Nagar Main Road, Above State Bank
of India, Nandini Layout PO,
Bengaluru, PIN-560096, Karnataka
Ph: 08023570123
E-mail: srinivas@nirantara.co.in
Year of
2011
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Karnataka
State(s)/UT(s)
TIER II MFI

No. of 34
Branch(es)
No. of Staff 231
Products &
Services Offered Micro Credit
Client Outreach
0.62
(in lakh)*
Net Loan Portfo-
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 134.01
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 134.01
Crore)*
Gross Loan
Portfolio 134.01
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 75


Karnataka

Name of the
Opportunity Microfinance India Ltd.
Organization
Legal Form NBFC
State Head
Karnataka
Quarter
Head of the Mr. Albin Pinto
Institution & #139 Guardian House (1st Floor)
Contact Details Infantry Road, Bengaluru
PIN-560001, Karnataka.
Ph: +91 93425 52316
E-mail: tbfindia@vsnl.com,
omiindia@gmail.com
Year of
2001
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Karnataka and Tamil Nadu
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 17
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 3.71
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3.71
(` in crore)*
* as on 31st March 2018

76 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the
Prakruthi Foundation
Organization
Legal Form Trust
State Head
Karnataka
Quarter
Head of the
Mr. P. Narayanappa
Institution &
Seegenahalli, Post: Kappalamadagu
Contact Details Taluk: Mulbagal, PIN-563131,
District: Kolar, Karnataka.
Ph:9066609999/8123968784
E-mail: prakfound@gmail.com
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Karnataka
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 12
Products &
Services Offered Micro Credit
Client Outreach
0.03
(in lakh)*
Net Loan Portfo- 5.43
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.43
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 77


Karnataka

Name of the
Rors Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the
Mr. P. Sathyanarayana Reddy
Institution &
280(65), Ramakrishna Extension
Contact Details Srinivaspura, Kolar
PIN-563135, Karnataka
Ph : 9448136790
E-mail: info@rors.in
Year of
2010
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Karnataka, Tamil Nadu
State(s)/UT(s)
III MFI

No. of 12
Branch(es)
TIER

No. of Staff 71
Products &
Services Offered Micro Credit
Client Outreach
0.15
(in lakh)*
Net Loan Portfo- 30.88
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 30.88
(` in crore)*
* as on 31st March 2018

78 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the Saggraha Management Services Pvt.
Organization Ltd.
Legal Form NBFC
State Head
Karnataka
Quarter
Head of the
Mr. Raghu Venkata Harish
Institution &
1st Floor, # 191, 1st Floor, Indiqube
Contact Details Hexa, 9 Main, Sector 6, HSR Layout,
Bengaluru, PIN-560102, Karnataka.
Ph: 080-22580404
E-mail : info@saggraha.com
Year of
1998
Establishment
Operating in No. 6
of State(s)/UT(s)
Name of the Karnataka, Kerala, Tamil Nadu,
Operating Maharashtra, Madhya Pradesh,
State(s)/UT(s) Odisha
TIER IIMFI

No. of 106
Branch(es)
No. of Staff 892
Products &
Services Offered Micro Credit
Client Outreach
2.34
(in lakh)*
Net Loan Portfo- 0
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 466.36
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 466.36
Crore)*
Gross Loan
Portfolio 466.36
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 79


Karnataka

Name of the
Samasta Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Karnataka
Quarter
Head of the
Mr. N. Venkatesh
Institution &
418, 1/2A, 4th Cross, 6th Main,
Contact Details Wilson Garden, Bengaluru
PIN-560027, Karnataka
Ph: 080-42913500,
E-mail: venkateshn@samasta.co.in
Year of
2008
Establishment
Operating in No. 10
of State(s)/UT(s)
Name of the Bihar, Chhattisgarh, Goa, Haryana,
Operating Karnataka, Kerala, Maharashtra,
State(s)/UT(s) Odisha, Rajasthan, Tamil Nadu
TIER I MFI

No. of
Branch(es) 173

No. of Staff 1772


Products &
Services Offered Micro Credit
Client Outreach
4.13
(in lakh)*
Net Loan Portfo- 633.51
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 206.99
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 156.97
Crore)*
Gross Loan
Portfolio 840.50
(` in crore)*
* as on 31st March 2018

80 Directory of Microfinance Institutions


(MFIs) in India
Karnataka
Name of the Sanghamithra Rural Financial
Organization Services
Legal Form Sec 8 Company
State Head
Karnataka
Quarter
Head of the Mr. R. D. Gadiyappanavar
Institution & No. 612, 1C Main Road,
Contact Details Domlur Layout, Bengaluru,
PIN-560071, Karnataka
Ph: 9480697101
E-mail: sanghamithra_rural@yahoo.
co.in
Year of
2000
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Karnataka, Tamil Nadu, Maharashtra,
Operating
Madhya Pradesh
State(s)/UT(s)
TIER II MFI

No. of 106
Branch(es)
No. of Staff 240
Products & Micro Credit, Water & Sanitation
Services Offered Education
Client Outreach
1.45
(in lakh)*
Net Loan Portfo- 178.19
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 178.19
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 81


Karnataka

Name of the Shri Kshethra Dharmasthala Rural


Organization Development Project
Legal Form Trust
State Head
Karnataka
Quarter
Head of the Dr. L. H. Manjunath
Institution & Dharmashri Building, Dharmasthala,
Contact Details Belthangady Taluk, Dakshina Kannada
District, PIN-574216, Karnataka
Ph: 08256–277215, 267110
E-mail:ed@skdrdpindia.org,
skdrdp@skdrdpindia.org
Year of
1995
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Karnataka, Kerala
State(s)/UT(s)
TIER I MFI

No. of 160
Branch(es)

No. of Staff 6655


Products & Micro Credit, BC, Micro Pension, Health &
Services Offered Sanitation, Insurance, Water, Education
Client Outreach
35.97
(in lakh)*
Net Loan Portfo- 22.33
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 8406.13
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 8406.13
Crore)*
Gross Loan
Portfolio 8428.46
(` in crore)*
* as on 31st March 2018

82 Directory of Microfinance Institutions


(MFIs) in India
Kerala
Name of the Forum for Rural Environment and
Organization Economic Development (FREED)
Legal Form Society
State Head
Kerala
Quarter
Head of the
Institution & Mr. P. J. Mathew
Contact Details New Bazar, Alappuzha 01
PIN-688001, Kerala
Ph: 9495240909
E-mail: alpfreed@gmail.com

Year of
1996
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 31
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.19
(in lakh)*
Net Loan Portfo- 1.70
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.76
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.25
Crore)*
Gross Loan
Portfolio 2.46
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 83


Kerala

Name of the
Organization Janashree Microfin Ltd.
Legal Form NBFC-MFI
State Head
Quarter Kerala
Head of the Mr. M. M. Hassan
Institution & Cotton Hill School Road
Contact Details TC 16/377(2), Edappazhinji
EVRA-183, Vazhuthacaud,
Thiruvananthapuram-695514, Kerala
Ph: 04712332899,
9847648888, 9495962339
Email: efilings@artismc.com
Year of
Establishment 2012
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
IIIMFI

No. of

State(s)/UT(s)

Branch(es) 15
TIER

No. of Staff 52
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 0.12

Net Loan Portfo- 4.96


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.96
(` in crore)*
* as on 31st March 2018

84 Directory of Microfinance Institutions


(MFIs) in India
Kerala
Name of the
Jeevankiran
Organization
Legal Form Society
State Head
Kerala
Quarter
Head of the Mr. Benny. K .Joseph
Institution & Sreekrishna Temple Road
Contact Details Poovani, Kolazhy
Thrissur-680010, Kerala.
Ph: 9995824787, 9446072787
E-mail: benjosephk@gmail.com
E-mail: jeevankiran08@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
State(s)/UT(s)
TIER III MFI

No. of 9
Branch(es)
No. of Staff 41
Products &
Services Offered Micro Credit
Client Outreach
0.09
(in lakh)*
Net Loan Portfo- 13.68
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 13.68
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 85


Kerala

Name of the
KPB Fincare Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Kerala
Quarter
Head of the
Mr. Krishna Chandran V
Institution &
Floor 3, AK Tower
Contact Details Kalamassery,
Kochi– 682033, Kerala
Ph: 9526163666, 0484-6992727
Email:krishnachandran@kpbfincare.in
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
State(s)/UT(s)
TIER III MFI

No. of 10
Branch(es)
No. of Staff 54
Products & Microfinance, Microinsurance,
Services Offered Consumer Loans, Personal Loans
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 17.73
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 17.73
(` in crore)*
* as on 31st March 2018

86 Directory of Microfinance Institutions


(MFIs) in India
Kerala
Name of the
Life Foundation
Organization
Legal Form Trust
State Head
Kerala
Quarter
Head of the Mr. Baby Mangalathu
Institution & 5th Floor, Revenue Tower
Contact Details Kothamangalam, Ernakulam (Dist)
PIN - 686691, Kerala.
Ph: 09349868262, 0485 2822338.
E-mail: lifefoundationindia@gmail.
com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
State(s)/UT(s)
TIER III MFI

No. of 4
Branch(es)
No. of Staff 26
Products & Micro Credit, Livelihood Promotion,
Services Offered Healthcare Programs
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 7.12
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 1.15
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 8.27
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 87


Kerala

Name of the
Max United Foundation
Organization
Legal Form Trust
State Head
Kerala
Quarter
Head of the Mr. Anish John K
Institution & 1st Floor, Pulinattu Properties,
Contact Details Kothamangalam - 686691
Ernakulum District, Kerala
Ph: 485 2828285, 8330828281
E-mail: maxunitedfoundation@gmail.
com
Year of
2016
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 9
Products & Income Generation Loan, Product
Services Offered Loan, Housing Loan, Training etc.
Client Outreach
0.003
(in lakh)*
Net Loan Portfo- 0.65
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.65
(` in crore)*
* as on 31st March 2018

88 Directory of Microfinance Institutions


(MFIs) in India
Kerala
Name of the
Vanchinad Finance Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Kerala
Quarter
Head of the Mr. C.C. William Varghese
Institution & Kuzhuvelil Building, 2nd Floor,
Contact Details Pookattupady Road, Unicchira
Edappally, Ernakulam-682021, Kerala
Ph: 0484-4853300, 8086399999,
Email: vanchinadfinancepvtltd@
gmail.com
Year of
2016
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Kerala, Tamil Nadu
State(s)/UT(s)
III MFI

No. of 22
Branch(es)
TIER

No. of Staff 144


Products &
Services Offered Micro Credit
Client Outreach
0.37
(in lakh)*
Net Loan Portfo- 76.08
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 76.08
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 89


Kerala

Name of the
Welfare Services Ernakulam
Organization
Legal Form Society
State Head
Kerala
Quarter
Head of the
Mr. Paul Cherupilly
Institution &
Ponnurunni, Vyttila PO,
Contact Details Kochi, PIN-682019, Kerala.
Ph: 0484-2344243, 0484-2535858,
E-mail: wescocredit@gmail.com,
wseekm@gmail.com
Year of
2001
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Kerala
State(s)/UT(s)
III MFI

No. of 6
Branch(es)
TIER

No. of Staff 46
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.25
(in lakh)*
Net Loan Portfo- 28.18
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 28.18
(` in crore)*
* as on 31st March 2018

90 Directory of Microfinance Institutions


(MFIs) in India
Pradesh
Madhya
Name of the Anupama Human Economic
Organization Development
Legal Form Sec 8 Company
State Head
Madhya Pradesh
Quarter
Head of the
Institution & Dr. Pramod Tiwari & Dr. Shaila Tiwari
Contact Details B-218, Amar Jyoti Apartment
Shahpura, Bhopal
PIN-462016, Madhya Pradesh
Ph: 9425173131, 9425362071

Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 5
Products & Microfinance Loan to SHGs & JLGs
Services Offered and Group Insurance
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 0.54
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.54
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 91


Pradesh
Madhya

Name of the
Bal Mahila Vikas Samiti (VAMA)
Organization
Legal Form Society
State Head
Madhya Pradesh
Quarter
Head of the Ms. Divya Soni
Institution & 9-C, Maharana Pratap Nagar, Usha
Contact Details Colony Jhansi Road, Near Jiwaji
Club, Lashkar Gwalior PIN- 474009,
Madhya Pradesh
Ph: 07512457 438/9826299566
E-mail: bmvs1988@yahoo.co.in
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 26
Products &
Services Offered Micro Credit, Health & Sanitation
Client Outreach
0.03
(in lakh)*
Net Loan Portfo- 3.00
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.00
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.00
Crore)*
Gross Loan
Portfolio 3.00
(` in crore)*
* as on 31st March 2018

92 Directory of Microfinance Institutions


(MFIs) in India
Pradesh
Madhya
Name of the Jigayasa Livelihood Promotions
Organization Microfinance Foundation
Legal Form Sec 8 Company
State Head
Madhya Pradesh
Quarter
Head of the Mr. Jyotirmoy Ghosh
Institution & H No. B-8, Deluxe Rameswaram
Contact Details Colony, Behind Sharda Vidya
Mandir School, Bagmugaliya,
Madhya Pradesh, PIN-462043
Ph: 9755004297
E-mail: g.jyotirmoy@gmail.com
Year of
2015
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
TIER III MFI

No. of 3
Branch(es)
No. of Staff 16
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 4.17
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.17
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 93


Pradesh
Madhya

Name of the
Lok Biradari Trust
Organization
Legal Form Trust
State Head
Madhya Pradesh
Quarter
Head of the
Institution & Mr. Ajay Naik
Contact Details 14/2, Snehlataganj, Indore
PIN-452003, Madhya Pradesh
Ph: 731-2543941, 9893842937
E-mail: naik.indore@gmail.com

Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
III MFI

No. of 6
Branch(es)
TIER

No. of Staff 23
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 5.97
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.97
(` in crore)*
* as on 31st March 2018

94 Directory of Microfinance Institutions


(MFIs) in India
Pradesh
Madhya
Name of the Pratigya Mahila Samanvit Vikas
Organization Bachat Avam Sakh Sahakari Sanstha
Maryadit
Legal Form MACS or Cooperative
State Head
Madhya Pradesh
Quarter
Head of the Ms. Arti Kushwah
Institution & 23-26, Rajabag Colony
Contact Details Kushwah Nagar Main Road, Indore
PIN-452015, Madhya Pradesh
Ph: 9300899310
Email: pmsindore@yahoo.co.in
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
TIER III MFI

No. of 12
Branch(es)
No. of Staff 20
Products & All Financial Product (Savings,
Services Offered Deposits, Credit, Insurance etc.)
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 11.01
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 11.01
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 95


Pradesh
Madhya

Name of the Samhita Community Development


Organization Services
Legal Form Sec 8 Company
State Head
Madhya Pradesh
Quarter
Head of the Ms. Praseeda Kunam
Institution & G-2/268, Gulmohar Colony, Bawadia
Contact Details Kala, Shahpura, Bhopal, PIN- 462039,
Madhya Pradesh
Ph: 0755-4278606
E-mail: info@samhita.co.in
Year of
2008
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Bihar, Madhya Pradesh, Uttar Pradesh
Operating
and Chhattisgarh
State(s)/UT(s)
No. of
TIER II MF

92
I

Branch(es)
No. of Staff 411
Products & Micro Credit, Pension, Financial
Services Offered Literacy and Legal Rights Awareness
Program
Client Outreach
0.99
(in lakh)*
Net Loan Portfo- 27.60
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 123.72
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 123.72
Crore)*
Gross Loan
Portfolio 151.32
(` in crore)*
* as on 31st March 2018

96 Directory of Microfinance Institutions


(MFIs) in India
PradeshMadhya
Name of the Swashrayee Mahila Sakha Sahakarita
Organization Maryadit
Legal Form MACS or Cooperative
State Head
Madhya Pradesh
Quarter
Head of the
Ms. Aarti Kadam
Institution &
59-B, Sudama Nagar, Annapurna Road
Contact Details Indore PIN- 452009, Madhya Pradesh
Ph: 07312484865
E-mail: smssmcoop@gmail.com,
smssmhr.indore@gmail.com
Year of
1989
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 34
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 14.53
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 14.53
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 97


Pradesh
Madhya

Organization Yukti Samaj Sewa Society

Name of the

Legal Form Society


State Head
Madhya Pradesh
Quarter
Head of the
Mr. Sanjay Tiwari
Institution &
Ginny Compound Meenakshi Chowk
Contact Details Hoshangabad, PIN- 461001
Madhya Pradesh
Ph: 9993183229,
E-mail : st_tiwari1977@yahoo.com
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Madhya Pradesh
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 3
Products &
Services Offered Micro Credit
Client Outreach
0.002
(in lakh)*
Net Loan Portfo- 0.25
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.25
(` in crore)*
* as on 31st March 2018

98 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Agora Microfinance India Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Ms. Meenal Patole
Institution & Unit No. 710, Seventh Floor
Contact Details Vashi Infotech Park, Plot No. 16,
Sector 30A, Vashi, Navi Mumbai
PIN-400703, Maharashtra.
Ph: 022-25271551
E-mail: meenal@amil.co.in
Year of
2012
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 11
Branch(es)
TIER

No. of Staff 65
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.2
(in lakh)*
Net Loan Portfo- 29.00
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 29.00
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 99


Maharashtra

Name of the
Anik Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Mr. VIishwanath Todkar
Institution & Geet Apartment, Beside of Hotel Sai
Contact Details Palace, Near Cidco Bus Stand
N-1 CIDCO, Aurangabad, PIN-431003
Maharashtra
Ph: 0240 2487199, 9823933333
E-mail: anikfin@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 4
Branch(es)
TIER

No. of Staff 56
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 10.04
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 10.04
(` in crore)*
* as on 31st March 2018

100 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Annapurna Mahila Co. Op. Credit
Organization Society Ltd.
Legal Form MACS or Cooperative
State Head
Quarter Maharashtra
Head of the Dr. Medha Purao Samant
Institution & C Wing Shubham Heights,
Contact Details Off Mumbai-Bangalore Highway
Service Road, Warje, Pune-411058
Maharashtra. Ph: 9552555209
E-mail: financemgr@annapurnapariwar.
org, secretary@annapurnapariwar.org
Year of
Establishment 1993
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
IIMFI

State(s)/UT(s)
Branch(es) 21

No. of
TIER

No. of Staff 282


Products & Micro Loans, SME Loans, Fixed and
Services Offered Recurrring Deposits, Long-term
Deposits for Old Age Security
Client Outreach
(in lakh)* 0.57

Net Loan Portfo- 101.33


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 101.33
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 101


Maharashtra

Name of the
Asmita Institute for Development
Organization
Legal Form Society
State Head
Maharashtra
Quarter
Head of the Ms. Sangita Gaikwad
Institution & Plot No 49, Venkateshwara Colony,
Contact Details Agarwal Layout
Bhosa Road, Yavatmal,
PIN: 445001, Maharashtra
Ph: 9421770221
Email: asmitango24@gmail.com
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 3
Products &
Services Offered Micro Credit
Client Outreach
0.004
(in lakh)*
Net Loan Portfo- 0.03
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.00
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.03
(` in crore)*
* as on 31st March 2018

102 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Centrum Microcredit Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Mr. Ranjan Ghosh
Institution & Level 4, Office # 402
Contact Details Neelkanth Corporate Park, Kirol Road
Vidyavihar (West),
Mumbai, PIN-400086, Maharashtra
Tel.: 91.022.62756222
Ph:9930008195, 9833683783
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
TIER II MFI

No. of 25
Branch(es)
No. of Staff 315
Products &
Services Offered Micro Credit
Client Outreach
0.76
(in lakh)*
Net Loan Portfo- 117.65
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 117.65
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 103


Maharashtra

Name of the
dMatrix Development Foundation
Organization
Legal Form Sec 8 Company
State Head
Maharashtra
Quarter
Head of the
Mr. Pravin Mankar
Institution &
C/o Gram Swaraj Seva Trust,
Contact Details P.O. Dattapur, Tal & Dist Wardha,
PIN-442001, Maharashtra
Ph: 8380096967
E-mail: pravin.wda@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 4
Products & Micro Credit & Micro Insurance,
Services Offered Financial Literacy Training
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 1.46
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.46
(` in crore)*
* as on 31st March 2018

104 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Fino Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the
Mr. Rishi Gupta
Institution &
Plot 38/39, Tarun Bharat
Contact Details Sector - 30, Sanpada
Navi Mumbai, PIN - 400705
Maharasthra
Ph: (022-71377000)
Year of
2009
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Bihar, Maharashtra, Madhya Pradesh,
Operating
Uttar Pradesh
State(s)/UT(s)
TIER I MFI

No. of
Branch(es) 224

No. of Staff 1788


Products &
Services Offered Micro Credit
Client Outreach
3.29
(in lakh)*
Net Loan Portfo- 467.05
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 116.94
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 111.94
Crore)*
Gross Loan
Portfolio 583.99
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 105


Maharashtra

Name of the
G.B.P. Nobel Microfinances
Organization
Legal Form Sec 8 Company
State Head
Maharashtra
Quarter
Head of the Mr. Farukpasha Shaikh
Institution & Nanded Road, Behind Sagar Car
Contact Details Decor, Samrat Chowk, Latur
PIN – 413512, Maharashtra
Ph : 9270116216
E-mail: nobel.microfinances@gmail.
com
Year of
2012
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 20
Branch(es)
TIER

No. of Staff 35
Products &
Services Offered Micro Credit, Micro Insurance, BC
Client Outreach
0.001
(in lakh)*
Net Loan Portfo- 0.06
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.03
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.03
Crore)*
Gross Loan
Portfolio 0.89
(` in crore)*
* as on 31st March 2018

106 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Grameen Mahila Swayamsiddha
Organization Sangha
Legal Form Trust
State Head
Maharashtra
Quarter
Head of the
Ms. Kaushalya Thiagle
Institution &
GMSS, Moti Chowk, Rajgurunagar
Contact Details Tal-Khed, Dist- Pune, PIN-410505
Maharashtra
Email: graminmahila55@yahoo.in
Ph: 9860208953
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 5
Products &
Micro Credit, Micro Insurance
Services Offered
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 1.81
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.81
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 107


Maharashtra

Name of the
Organization Hindusthan Microfinance Pvt. Ltd.
Legal Form NBFC-MFI
State Head
Quarter Maharashtra
Head of the Mr. Anil Jadhav &
Institution & Mr. Satishkumar G. Rao
Contact Details Hindusthan Bhavan,704/705, Sagar
Tech Plaza B Wing, Sakinka Junction,
Andheri Kurla Road, Andheri East
Mumbai, PIN- 400072, Maharashtra
Ph: 9820002549, 98202 92898
E-mail: aniljadhav@hindusthan.org,
hindusthan.anil@gmail.com
Year of
Establishment 2008
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Maharashtra, Chattisgarh,
TIER III MFI

State(s)/UT(s) Madhya Pradesh


No. of
Branch(es) 25
No. of Staff 232
Products &
Services Offered Micro credit
Client Outreach
(in lakh)* 0.24
Net Loan Portfo- 34.50
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 3.56
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 3.56
Crore)*
Gross Loan
Portfolio 38.06
(` in crore)*
* as on 31st March 2018

108 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Institute of Rural Credit
Organization Entreprenurship & Development
Legal Form Society
State Head
Maharashtra
Quarter
Head of the Mr. Kiran Kulkarni
Institution & IRCED Bhavan, Old Dhamni Road,
Contact Details Kunte Mala, Mahavir Colony, Sangli,
PIN - 416416, Maharashtra
Ph: 0233 - 2321190, 09422407929,
E-mail: san_irced@sancharnet.in,
irced2007@yahoo.co.in
Year of
2007
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Maharashtra, Karnataka
State(s)/UT(s)
III MFI

No. of 14
Branch(es)
TIER

No. of Staff 61
Products &
Services Offered Micro Credit
Client Outreach
0.13
(in lakh)*
Net Loan Portfo- 7.92
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 6.14
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 6.14
Crore)*
Gross Loan
Portfolio 14.06
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 109


Maharashtra

Name of the
M Power Micro Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Mr. K M Vishwanathan
Institution & B/212, Arjun Centre, Plot No.231,
Contact Details Govandi Station Road, Govandi,
Mumbai, PIN- 400088
Maharashtra
Ph: 022-25504357
E-mail:contact@mpowermicro.com
Year of
2009
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Gujarat, Maharashtra, Rajasthan
State(s)/UT(s)
TIER II MFI

No. of 42
Branch(es)
No. of Staff 411
Products &
Services Offered Micro Credit
Client Outreach
0.98
(in lakh)*
Net Loan Portfo- 165.85
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 26.75
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 4.9
Crore)*
Gross Loan
Portfolio 192.60
(` in crore)*
* as on 31st March 2018

110 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Muthoot Microfin Ltd.
Organization
Legal Form NBFC-MFI
State Head
Quarter Maharashtra
Head of the Mr. Sadaf Sayeed
Institution & 13th Floor, Parinee Crescenzo
Contact Details Bandra Kurla Complex, Bandra East
Mumbai, PIN- 400051, Maharashtra
Ph: 022-30941444, 8589987624
E-mail: sadaf.sayeed@muthoot.com,
info@muthootmicrofin.com
Year of
Establishment 2015
Operating in No. 15
of State(s)/UT(s)
Name of the Bihar, Goa, Gujarat, Haryana, Jharkhand,
Operating Madhya Pradesh, Maharashtra, Kerala,
State(s)/UT(s) Tamil Nadu, Karnataka, Odisha, Punjab,
Rajasthan, Uttar Pradesh, West Bengal
TIER I MFI

No. of
Branch(es) 467
No. of Staff 5822
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 12.1

Net Loan Portfo- 1732.95


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 1187.35
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 228.66
Crore)*
Gross Loan
Portfolio 2920.30
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 111


Maharashtra

Name of the
Organization Nageshwara Charitable Trust
Legal Form Trust
State Head
Quarter Maharashtra
Head of the Mr. H. M. B. Murthy
Institution & Flat No 101, Laxmi Vilas Apartment,
Contact Details Plot No 1, Khare Town, Dharampeth,
Nagpur, PIN-440010, Maharashtra
Ph: 9822203226, 9657728131,
Email: nageshwara_ngp@bsnl.in
dhokmukund@gmail.com,
info@nageshwara.org
Year of
Establishment 2009
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
TIER III MFI

State(s)/UT(s)
No. of
Branch(es) 6
No. of Staff 45
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 0.04

Net Loan Portfo- 2.06


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2.06
(` in crore)*
* as on 31st March 2018

112 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Pujan Investment & Finance Pvt.
Organization Ltd.**
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the
Mr. Krunal Modi
Institution &
B-6, 2nd Floor
Contact Details New Durgabazaar Railway Crossing
Himmat Nagar, PIN-383001, Gujarat
Ph: 9428417081
Email: pujaninvest@gmail.com
Year of
2012
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Gujarat
State(s)/UT(s)
No. of
1
Branch(es)
No. of Staff 12
Products &
Services Offered Micro Credit
Client Outreach
N.A.
(in lakh)*
Net Loan Portfo- N.A.
lio (` in crore)*
Managed/
Securitized
Portfolio (` in N.A.
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in N.A.
Crore)*
Gross Loan
Portfolio N.A.
(` in crore)*
* as on 31st March 2018 ** Received NBFC-MFI licence but yet to start MF operation

Directory of Microfinance Institutions (MFIs) in India 113


Maharashtra

Name of the Sahara Gramin Mahila Swayamsiddha


Organization Sangha
Legal Form Trust
State Head
Maharashtra
Quarter
Head of the
Institution & Ms. Sushma Mankar
Contact Details Varandal Galli, Sinnar
District: Nashik, Maharashtra
Mobile : 9657026635
Email: sushmam@chaitanyaindia.org

Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 5
Products &
Services Offered Micro Credit
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 1.78
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.78
(` in crore)*
* as on 31st March 2018

114 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Sakhi Samudaya Kosh
Organization
Legal Form Sec 8 Company
State Head
Maharashtra
Quarter
Head of the Mr. Rajesh Badakh
Institution & Plot No. 56 B, Behind Lokhandwala
Contact Details Vihar, Hotagi Road, Solapur,
PIN-413003, Maharashtra
Ph: 0217 2602907
E-mail: sskmfsolapur@gmail.com,
rajeshbadakh@gmail.com
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
TIER III MFI

No. of 6
Branch(es)
No. of Staff 48
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 3.66
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 5.57
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 5.57
Crore)*
Gross Loan
Portfolio 9.23
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 115


Maharashtra

Name of the Sampada Entrepreneurship &


Organization Livelihoods Foundation
Legal Form Sec 8 Company
State Head
Quarter Maharashtra
Head of the Mr. Crispino Lobo &
Institution & Mr. Anirudha Mirikar
Contact Details Sampada Building, Plot No 10, S. No
18, Chahurana Bk, Behind Market Yard,
Ahmednagar, PIN-414001, Maharashtra
Phone : 0241-2451311
Email : self@sampada.org
Website : www.self.org.in
Year of
Establishment 2013
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
IIIMFI

No. of

State(s)/UT(s)

Branch(es) 8
TIER

No. of Staff 34
Products & Micro Credit, Financial Literacy,
Services Offered Micro Insurance
Client Outreach
(in lakh)* 0.07

Net Loan Portfo- 10.93


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 10.93
(` in crore)*
* as on 31st March 2018

116 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Samruddhi Welfare Development
Organization Foundation
Legal Form Sec 8 Company
State Head
Maharashtra
Quarter
Head of the
Mrs. Harvinder Bedi
Institution &
Flat No.2, Pooja Heritage, Plot No.46,
Contact Details Anand Park, Lane No.3, Aundh, Pune
PIN-411007, Maharashtra
Ph: 02025887524
E-mail: saMr.uddhiwdf@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 2
Products &
Services Offered Micro Credit
Client Outreach
0.002
(in lakh)*
Net Loan Portfo- 0.35
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.35
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 117


Maharashtra

Name of the Sankalp Gramin Mahila Swayamsid-


Organization dha Sangha
Legal Form Society
State Head
Maharashtra
Quarter
Head of the
Institution & Ms. Ananta Maskare
Contact Details Bodakenagar Junnar, Junnar
Taluk Dist: Pune, Maharashtra,
Ph: 9850963408
Email-anantam@chaitanyaindia.org

Year of
2004
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 10
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 1.51
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.51
(` in crore)*
* as on 31st March 2018

118 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Stree Shakti Gramin Mahila
Organization Swayamsiddha Sangha
Legal Form Society
State Head
Maharashtra
Quarter
Head of the
Institution & Mr. Prajapati Paikrao
Contact Details At Post: Supa, Taluk: Parner,
Dist: Pune, Maharashtra
Ph: 9822321883
Email-prajap@chaitanyaindia.org

Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 4
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 1.73
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.73
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 119


Maharashtra

Name of the Svamaan Financial Services Pvt.


Organization Ltd.**
Legal Form NBFC
State Head
Maharashtra
Quarter
Head of the Mr. Kiran Kumar
Institution & Jindal Mansion
Contact Details 5A, Dr. G. Deshmukh Marg
Mumbai, Mumbai City,
PIN-400026, Maharashtra.
Email: kiran.kumar@svamaan.in
Ph: 8886396600
Year of
2018
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
No. of
N.A.
Branch(es)
No. of Staff N.A.
Products &
Services Offered Micro Credit
Client Outreach
N.A.
(in lakh)*
Net Loan Portfo- N.A.
lio (` in crore)*
Managed/
Securitized
Portfolio (` in N.A.
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in N.A.
Crore)*
Gross Loan
Portfolio N.A.
(` in crore)*
* as on 31st March 2018 ** Received NBFC-MFI license but yet to start MF operation

120 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Svasti Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Mr. Arunkumar Padmanabha
Institution & 307, 3rd Floor “Flying Colours” Pandit
Contact Details Dindayal Upadhyay Marg L.B.S. Cross
Road Near Mulund ChekNaka BEST
Depot, Mulund (West) Mumbai
PIN– 400080, Maharashtra
Ph: 0222569 4977, Email: info@svasti.in
Year of
2008
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Maharashtra, Gujarat,
Operating
Madhya Pradesh
State(s)/UT(s)
TIER II MFI

No. of 30
Branch(es)
No. of Staff 412
Products &
Services Offered Micro Credit
Client Outreach
1.20
(in lakh)*
Net Loan Portfo- 225.45
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 225.45
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 121


Maharashtra

Name of the Svatantra Microfinance Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Ms. Ananya Birla
Institution & 20th Floor, Sunshine Towers,
Contact Details Senapati Bapat Marg, Elphinstone
Road (W), Mumbai PIN- 400013
Maharashtra.
Ph:0226141 5900
E-mail: info@svatantra.adityabirla.com
Year of
2013
Establishment
Operating in No. 8
of State(s)/UT(s)
Name of the Bihar, Chattisgarh, Gujarat,
Operating Madhya Pradesh, Maharashtra,
State(s)/UT(s) Odisha, Rajasthan, Uttar Pradesh,
TIER I MFI

No. of 130
Branch(es)

No. of Staff 1236


Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
2.77
(in lakh)*
Net Loan Portfo- 570.64
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 570.64
(` in crore)*
* as on 31st March 2018

122 Directory of Microfinance Institutions


(MFIs) in India
Maharashtra
Name of the Unnati Microfin Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Maharashtra
Quarter
Head of the Mr. Hanumant Balwant Ranjane
Institution & 2302, 23rd Floor, G Square
Contact Details Business Park, Sec-30, Vashi,
Navi Mumbai, PIN- 400705, Opp.
Sanpada Rly. Station, Maharashtra.
Ph: 022 - 2784 1450/6561 9802
E-mail: soccpt@gmail.com
Year of
2016
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Maharashtra
State(s)/UT(s)
TIER III MFI

No. of 10
Branch(es)
No. of Staff 106
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.29
(in lakh)*
Net Loan Portfo- 37.80
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 27.36
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 25.16
Crore)*
Gross Loan
Portfolio 65.16
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 123


Manipur

Name of the
Chanura Microfin Manipur
Organization
Legal Form Society
State Head
Manipur
Quarter
Head of the Mr. P K. Khuman
Institution & Hodam Leirak Machin Airport Road
Contact Details Opposite Tiddim Oil Pump
Imphal West, PIN-795001, Manipur
Ph. 0385 2445799, 9436038679
E-mail: chanura_microfin@yahoo.
co.in, info@chanura.com
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Manipur
State(s)/UT(s)
III MFI

No. of 7
Branch(es)
TIER

No. of Staff 46
Products & Micro Credit, Micro Insurance,
Services Offered Housing & Energy
Client Outreach
0.11
(in lakh)*
Net Loan Portfo- 10.05
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 10.05
(` in crore)*
* as on 31st March 2018

124 Directory of Microfinance Institutions


(MFIs) in India
Manipur
Name of the Human Resource Development
Organization Organisation
Legal Form Society
State Head
Manipur
Quarter
Head of the
Institution & Mr. Biren Singh
Contact Details Porompat Chuthek, JNIMS Road,
I/E, Imphal, PIN-795001, Manipur.
Ph: 9856190896
Email: hrdoimphal2000@gmail.com

Year of
2002
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Manipur
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 9
Products &
Services Offered Micro Credit
Client Outreach
0.05
(in lakh)**
Net Loan Portfo- 0.52
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 0
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 0.52
(` in crore)**
**asasonon31stMarch20182017

Directory of Microfinance Institutions (MFIs) in India 125


Manipur

Name of the Self Employment Voluntary


Organization Association (SEVA)
Legal Form Society
State Head
Manipur
Quarter
Head of the Mr. K Chinglen Singh
Institution & North Babupara Near Council of
Contact Details Higher Secondary Education State
Guest House Road, Imphal West
District, PIN-795001, Manipur
Ph: 9856288250
Email: sevamanipur01@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Manipur
State(s)/UT(s)
III MFI

No. of 6
Branch(es)
TIER

No. of Staff 35
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 2.89
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2.89
(` in crore)*
* as on 31st March 2018

126 Directory of Microfinance Institutions


(MFIs) in India
Manipur
Name of the The Leima Thrift & Credit Cooperative
Organization Society Ltd.
Legal Form MACS or Cooperative
State Head
Manipur
Quarter
Head of the
Ms. L Jibanlata Devi
Institution &
Imphal, Waikhom Leikai
Contact Details Imphal PIN-795003
Manipur
Ph: 9402678608
E-mail: ljiban.leima@gmail.com
Year of
2012
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Manipur
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 16
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 1.64
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.64
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 127


Manipur

Name of the Volunteers for Village Development


Organization (VVD)
Legal Form Society
State Head
Manipur
Quarter
Head of the
Mr. Jubilate Kazingmei
Institution &
VVD, Kharar Shongzan
Contact Details Hungpung, Ukhrul District
PIN-795142, Manipur
Ph: 9612566192
E-mail: vvdmf@yahoo.in
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Manipur
State(s)/UT(s)
III MFI

No. of 4
Branch(es)
TIER

No. of Staff 29
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.05
(in lakh)*
Net Loan Portfo- 5.38
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.38
(` in crore)*
* as on 31st March 2018

128 Directory of Microfinance Institutions


(MFIs) in India
Manipur
Name of the
WWAGS MicroFin
Organization
Legal Form Society
State Head
Manipur
Quarter
Head of the
Mr. Karanjeet Laishram
Institution &
WWAGS Building, Wanging Bazar,
Contact Details Thoubal Dist, PIN- 795148, Manipur
Ph: 9774014140
E-mail: Karan.laishram@gmail.com,
leirikmicrofinance@gmail.com
Year of
2010
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Manipur
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 7
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 0.79
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.79
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 129


Manipur

Name of the
YVU Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Manipur
Quarter
Head of the
Mr. Bikendrajit Akoijam
Institution &
Waiview Bhavan
Contact Details Thoubal Wangmatabal
Thoubal-795138, Manipur.
Ph: 8974026603
E-mail: bikendrajit@yvumf.com
Year of
2007
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Assam, Manipur, Tripura
State(s)/UT(s)
III MFI

No. of 11
Branch(es)
TIER

No. of Staff 74
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.15
(in lakh)*
Net Loan Portfo- 18.81
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 18.81
(` in crore)*
* as on 31st March 2018

130 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the
Adhikar
Organization
Legal Form Society
State Head
Odisha
Quarter
Head of the
Mr. Mohammad N. Amin
Institution &
113/2524, Khandagiri Vihar
Contact Details Khandagiri, Bhubaneswar
PIN-751030, Odisha.
Ph: 7894442728
E-mail: amin@adhikarindia.org
Year of
2004
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 12
Branch(es)
TIER

No. of Staff 33
Products & House Improvement and Sanitation
Services Offered Loan
Client Outreach
0.08
(in lakh)*
Net Loan Portfo- 2.07
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 14.35
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 14.35
Crore)*
Gross Loan
Portfolio 16.42
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 131


Odisha

Name of the
Adhikar Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Odisha
Quarter
Head of the Mr. Mohammad N. Amin
Institution & 113/2524, Khandagiri Vihar
Contact Details Khandagiri
Bhubaneswar-751030, Odisha.
Ph: 7894442728
0674-2475087, 2475173
E-mail: amin@adhikarindia.org
Year of
2008
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Odisha, Gujarat, Chattisgarh
State(s)/UT(s)
TIER II MFI

No. of 72
Branch(es)
No. of Staff 437
Products & Micro Credit, Water & Sanitation,
Services Offered Pension, Housing & Energy
Client Outreach
1.17
(in lakh)*
Net Loan Portfo- 110.15
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 67.71
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 67.71
Crore)*
Gross Loan
Portfolio 177.86
(` in crore)*
* as on 31st March 2018

132 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the
Organization Annapurna Finance Pvt. Ltd.
Legal Form NBFC-MFI
State Head
Quarter Odisha
Head of the Mr. Gobinda Chandra Pattanaik
Institution & HIG-97, Dharma Vihar, Khandagiri
Contact Details Bhubaneswar–751030, Odisha
Ph: 8280336300
E-mail: info@ampl.net.in
Year of
Establishment 2009
Operating in No. 14
of State(s)/UT(s)
Name of the Assam, Bihar, Chhattisgarh, Gujarat,
Operating Haryana, Jharkhand, Madhya Pradesh,
State(s)/UT(s) Maharashtra, Meghalaya, Odisha,
Punjab, Rajasthan, Tripura, West Bengal
No. of
Branch(es) 374
TIER I MFI

No. of Staff 3507


Products & Trade and Enterprise loan, Agri

Services Offered and Allied Sevices, Water Sanitatin


Loan, Micro Enterprise Loan, Home
Improvement Loan, Dairy Development
Loan and Samarth Loan
Client Outreach
(in lakh)* 12.33
Net Loan Portfo- 1564.88
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 355.52
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 355.52
Crore)*
Gross Loan
Portfolio 1920.40
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 133


Odisha

Name of the
Darabar Sahitya Sansad
Organization
Legal Form Society
State Head
Odisha
Quarter
Head of the
Mr. Kedareswar Chaudhury
Institution &
RP-3, Pandav Nagar
Contact Details Tankapani Road
Bhubaneswar-751018, Odisha
Ph: 9861022440
E mail- darbar4@rediffmail.com
Year of
1992
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 8
Products &
Services Offered Micro Credit
Client Outreach
0.08
(in lakh)*
Net Loan Portfo- 0.75
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.05
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.05
Crore)*
Gross Loan
Portfolio 0.80
(` in crore)*
* as on 31st March 2018

134 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the
G U Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Odisha
Quarter
Head of the Mr. Dibyajyoti Pattanaik
Institution & Kalyani Bhawan, Plot No-606/2112,
Contact Details Bharat Villa, At- Rudrapur
PO-Naharakanta, Via- Balianta,
Bhubaneswar, PIN-752101, Odisha
Ph: 9937328483,
E-mail: npradhan@gufinance.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 29
Branch(es)
TIER

No. of Staff 142


Products &
Services Offered Micro Credit, BC
Client Outreach
0.37
(in lakh)*
Net Loan Portfo- 35.55
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 36.59
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 36.59
Crore)*
Gross Loan
Portfolio 72.14
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 135


Odisha

Name of the
Gram Utthan
Organization
Legal Form Society
State Head
Odisha
Quarter
Head of the Mr. Govind Chandra Dash
Institution & Plot No. 606/2112, Bharat Villa,
Contact Details Rudrapur, Naharkanta
Bhubaneswar, PIN-752101, Odisha
Ph: 0674-2463364
E-mail: gramutthanngo@rediffmail.
com
Year of
1996
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 30
Branch(es)
TIER

No. of Staff 276


Products & Micro Credit, Micro Insurance, Micro
Services Offered Health, Livelihood promotion
Client Outreach
0.25
(in lakh)*
Net Loan Portfo- 19.02
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 45.65
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 45.65
Crore)*
Gross Loan
Portfolio 64.67
(` in crore)*
* as on 31st March 2018

136 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the
Mahashakti Foundation
Organization
Legal Form Trust
State Head
Odisha
Quarter
Head of the Mr. Jugal Kishore Pattnaik
Institution & Infront of State Ware House, Railway
Contact Details Station Rogir, PIN- 751030, Odisha
Ph: 8018227507
E-mail: mahashakti@mahashaktiin-
dia.org,
jugal@mahashaktimfi.com
Year of
2005
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
TIER II MFI

No. of 29
Branch(es)
No. of Staff 203
Products &
Services Offered Micro Credit
Client Outreach
0.58
(in lakh)*
Net Loan Portfo- 12.01
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 80
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 80
Crore)*
Gross Loan
Portfolio 92.01
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 137


Odisha

Name of the Organisation for Development of


Organization Integrated Social and Health Action
(ODISHA)
Legal Form Society
State Head
Odisha
Quarter
Head of the Mr. Gopal Chandra Sahu
Institution & Plot No. 438, Lingipur
Contact Details (Near Jemadevi High School),
Sisupalagarh, Bhuaneswar-751002,
Odisha. Ph: 9040061615
E-mail: odisha_gs@yahoo.co.in
Year of
2012
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 30
Branch(es)
TIER

No. of Staff 502


Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.11
(in lakh)*
Net Loan Portfo- 10.78
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 10.78
(` in crore)*
* as on 31st March 2018

138 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the
Sambandh Finserve Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Odisha
Quarter
Head of the
Mr. Deepak Kindo
Institution &
Plot No- O-4/9, Area 7 & 8
Contact Details Civil Township, Rourkela
PIN-769004, Odisha
Ph: 0661-2664108, 9338204420
E-mail: contactus@sambandhfin.com
Year of
2006
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Odisha, Chhattisgarh, Jharkhand
State(s)/UT(s)
TIER II MFI

No. of 48
Branch(es)
No. of Staff 451
Products & Micro Credit, Loan for Water &
Services Offered Sanitation, Loan for Solar Eenergy
Client Outreach
1.45
(in lakh)*
Net Loan Portfo- 166.54
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 70.01
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 46.85
Crore)*
Gross Loan
Portfolio 236.55
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 139


Odisha

Name of the Social Action for Rural Community


Organization (SARC)
Legal Form Society
State Head
Odisha
Quarter
Head of the
Mr. Ashok Kumar Panigrahi
Institution &
At: Sairam Nivas, Behind Nari Seva
Contact Details Sadan, PO/DIST-Sambalpur
Odisha
Ph: 0663-2412263
Email: sarc6607@rediffmail.com
Year of
2004
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 10
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.001
(in lakh)*
Net Loan Portfo- 0.12
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.12
(` in crore)*
* as on 31st March 2018

140 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the
Organization Swayamshree Micro Credit Services
Legal Form Sec 8 Company
State Head
Quarter Odisha
Head of the Mr. Prasanna Kumar Mishra
Institution & Plot No. 549/2126(P)/F, Front
Contact Details Road of BIG Bazar, Patia &
Back Side of Petrol Pump Patia,
Bhubaneswar, PIN-751024, Odisha
Ph: 0674-2302646, 0674-6552646
E-mail:smcs2003@gmail.com
Year of
Establishment 2003
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
TIER III MFI

No. of 17
Branch(es)
No. of Staff 65
Products & Micro Credit, BC, Micro Insurance,
Services Offered Capacity Building etc.
Client Outreach
(in lakh)* 0.17

Net Loan Portfo- 33.83


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 3.83
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 3.83
Crore)*
Gross Loan
Portfolio 37.66
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 141


Odisha

Name of the Swayanshree Mahila Samabaya


Organization Samiti Ltd.
Legal Form MACS or Cooperative
State Head
Odisha
Quarter
Head of the Ms. Nayana Mohanty
Institution & At: Bikash Nagar, Behind Govt. Bus
Contact Details Stand, Near Koustav Tower
PO: Arunodaya Market
Cuttack, PIN-753012, Odisha
Ph: 09937192753
E-mail: swayanshree_ctc@yahoo.com
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 61
Products & Micro Credit, Thrift & Microsaving,
Services Offered Insurance, Pension
Client Outreach
0.21
(in lakh)*
Net Loan Portfo- 36.15
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 36.15
(` in crore)*
* as on 31st March 2018

142 Directory of Microfinance Institutions


(MFIs) in India
Odisha
Name of the The Eastern Multipurpose Coop
Organization Society Ltd.
Legal Form MACS or Cooperative
State Head
Odisha
Quarter
Head of the
Mr. Pradip Kumar Gajendra
Institution &
306, Sisupal Garh, Khorda,
Contact Details Bhubaneswar
PIN-751002, Odisha
Ph: 0674-2343993,09937346993
E-mail: theemcoopltd@gmail.com
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Odisha
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 13
Products & Micro Finance, Micro Insurance &
Services Offered Social Work
Client Outreach
0.05
(in lakh)*
Net Loan Portfo- 2.73
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2.73
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 143


Punjab

Name of the
Midland Microfin Ltd.
Organization
Legal Form NBFC-MFI
State Head
Punjab
Quarter
Head of the
Mr. Amardeep Singh Samra
Institution &
The Axis, Plot No. 1, R.B. Badridass
Contact Details Colony, BMC Chowk, G.T Road
Jalandhar City, PIN-144001, Punajab
Ph: 9815466011
Email:amardeep@midlandmicrofin.com
Year of
2011
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Operating Bihar, Punjab, Haryana, Rajasthan
State(s)/UT(s)
TIER II MFI

No. of 104
Branch(es)
No. of Staff 977
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
2.16
(in lakh)*
Net Loan Portfo- 316.89
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 18.9
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 335.79
(` in crore)*
* as on 31st March 2018

144 Directory of Microfinance Institutions


(MFIs) in India
Rajasthan
Name of the
Arth Micro Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Rajasthan
Quarter
Head of the
Mr. Pramod K Paliwal
Institution &
A-64, Residential Colony, Sitapura
Contact Details Industrial Area, Tonk Road,
Jaipur, PIN- 302022 Rajasthan
Ph: 9414079501, 9001793807
E-mail: arth@arthfinance.com
Year of
2008
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Rajasthan, Madhya Pradesh, Punjab,
Operating
Haryana
State(s)/UT(s)
TIER II MFI

No. of 53
Branch(es)
No. of Staff 321
Products &
Services Offered Micro Credit
Client Outreach
0.90
(in lakh)*
Net Loan Portfo- 49.46
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 112.57
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 112.57
Crore)*
Gross Loan
Portfolio 162.03
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 145


Rajasthan

Name of the
Digamber Capfin Ltd.
Organization
Legal Form NBFC-MFI
State Head
Rajasthan
Quarter
Head of the Mr. Rajiv Jain
Institution & 2nd Floor, “Anand Moti”, J-54,55,
Contact Details Gopalpura, Tonk Road, Jaipur
PIN-302015, Rajasthan
Ph: 0141-2700233, 2700234,
9649220222
Email:amit.jain@digamberfinance.com
Year of
2009
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Rajasthan, Madhya Pradesh,
Operating
Maharashtra, Gujarat, Haryana
State(s)/UT(s)
TIER II MFI

No. of 82
Branch(es)
No. of Staff 563
Products &
Services Offered Micro Credit
Client Outreach
1.07
(in lakh)*
Net Loan Portfo- 274.78
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 274.78
(` in crore)*
* as on 31st March 2018

146 Directory of Microfinance Institutions


(MFIs) in India
Rajasthan
Name of the
Kamal Fincap Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Rajasthan
Quarter
Head of the
Ms. Nidhi Kasliwal
Institution &
Kamal & Co. Premises
Contact Details Opp. GPO, Jaipur, PIN-302001
Rajasthan
Ph: 9829230915
Email: nidhi@kamalfincap.com
Year of
2013
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Rajasthan, Madhya Pradesh, Haryana
State(s)/UT(s)
TIER II MFI

No. of 61
Branch(es)
No. of Staff 414
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
1.04
(in lakh)*
Net Loan Portfo- 0
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 214.36
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 214.36
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 147


Rajasthan

Name of the
Planned Social Concern
Organization
Legal Form Sec 8 Company
State Head
Rajasthan
Quarter
Head of the Mr. Ravi Gupta
Institution & 43, Arpit Nagar, Near Kalikari School
Contact Details Gandhi Path, Vaishali Nagar,
Jaipur, PIN-302021, Rajasthan
Ph: 01412297864
E-mail: ravi@pscindia.org,
info@pscindia.org
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Rajasthan
State(s)/UT(s)
III MFI

No. of 5
Branch(es)
TIER

No. of Staff 45
Products &
Services Offered Micro Credit and Livlihood Promotion
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 14.26
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 14.26
(` in crore)*
* as on 31st March 2018

148 Directory of Microfinance Institutions


(MFIs) in India
Rajasthan
Name of the
Pustikar Sakh Sahakari Samiti Ltd.
Organization
Legal Form MACS or Cooperative
State Head
Rajasthan
Quarter
Head of the
Mr. Amar Chand Purohit
Institution &
10/9, Chopasni Housing Board,
Contact Details Jodhpur, PIN-342008
Rajasthan
Ph: 9314700816, 0291-2790597
E-mail: pustikar@yahoo.com
Year of
1996
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Rajasthan
State(s)/UT(s)
III MFI

No. of 11
Branch(es)
TIER

No. of Staff 85
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.23
(in lakh)*
Net Loan Portfo- 16.90
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 16.90
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 149


Rajasthan

Name of the
Rajasthan Shram Sarathi Association
Organization
Legal Form Sec 8 Company
State Head
Rajasthan
Quarter
Head of the
Ms. Rupal Kulkarni
Institution &
39, Krishna Colony, Behind CASA
Contact Details Training Centre, Bedla Road,
Udaipur, PIN-313001 Rajasthan
Ph: 0294-2450682,
Email: rupal@shramsarathi.org
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Rajasthan
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 37
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 4.31
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.31
(` in crore)*
* as on 31st March 2018

150 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tamil
Name of the
Organization Asirvad Microfinance Pvt. Ltd.
Legal Form NBFC-MFI
State Head
Quarter Tamil Nadu
Head of the Mr. Raja Vaidyanathan Venkataraman
Institution & 1st Floor and 2nd Floor Lemuir Building,
Contact Details 10 GN Chetty Road, T. Nagar, Chennai,
PIN - 600017, Tamil Nadu.
Ph: 044-28344490
E-mail: info@asirvad.org
Year of
Establishment 2007
Operating in No. 19
of State(s)/UT(s)
Name of the Tamil Nadu, Puducherry, Kerala,
Operating Karnataka, Madya Pradesh, Chhat-
State(s)/UT(s) tisgarh, Punjab, Chandigarh, Haryana,
Uttar Pradesh, Jharkhand, West Bengal,
Bihar, Rajasthan, Uttarakhand,
TIER I MFI

Maharashtra, Odisha, Assam, Gujarat


No. of

Branch(es) 832
No. of Staff 4168
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)* 15.02

Net Loan Portfo- 2115.13


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 322.07
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2437.20
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 151


NaduTamil

Name of the
Belstar Investment Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Dr. Kalpana Sankar
Institution &
No. 33, 48th Street, 9th Avenue
Contact Details Ashok Nagar, Chennai, PIN - 600083,
Tamil Nadu
Ph: 044-45544024
E-mail: kalpana.sankar@hihindia.org
Year of
2009
Establishment
Operating in No. 8
of State(s)/UT(s)
Name of the Chhattisgarh, Karnataka, Madya
Operating Pradesh, Maharashtra, Tamil Nadu,
State(s)/UT(s) Pondicherry, Kerala, Odisha
TIER I MFI

No. of
Branch(es) 236

No. of Staff 1783


Products &
Services Offered Micro Credit
Client Outreach
5
(in lakh)*
Net Loan Portfo- 566.77
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 9.13
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 575.90
(` in crore)*
* as on 31st March 2018

152 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tamil
Name of the
Bharathi Women Development Centre
Organization
Legal Form Society
State Head
Tamil Nadu
Quarter
Head of the Mr. Nagarajan.M Bharathi
Institution & Kattur & Post
Contact Details Manakkal Ayyampettai-Via
Thiruvarur District, PIN-610104
Tamil Nadu
Ph: 04366-244377, 9942985600
E-mail: info@bharathiwomen.org
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of
Branch(es) 7
TIE
R

No. of Staff 56
Products &
Services Offered Micro Credit, Water & Sanitation
Client Outreach
0.23
(in lakh)*
Net Loan Portfo- 24.84
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 24.84
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 153


Nadu
Tamil

Name of the
Blaze Trust
Organization
Legal Form Trust
State Head
Tamil Nadu
Quarter
Head of the
Mr. V. Sharavana Kumar,
Institution &
No. 30, Mummu Naicker Street
Contact Details P.N. Pudur, Coimbatore - 641041
Tamil Nadu,
Ph: 09894175007
E-mail: blazetrust@gmail.com
Year of
2007
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Kerala
State(s)/UT(s)
III MFI

No. of 5
Branch(es)
TIER

No. of Staff 48
Products & Microfinance, Micro Pension
Services Offered Education, Trainings
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 5.85
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 3.70
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.23
Crore)*
Gross Loan
Portfolio 9.55
(` in crore)*
* as on 31st March 2018

154 Directory of Microfinance Institutions


(MFIs) in India
Nadu lTami
Name of the
BWDA Finance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the Dr. C. Joslin Thambi
Institution & 858, East Pondy Road, Villupuram
Contact Details PIN- 605602, Villupuram District,
Tamil Nadu,
Ph: 9994472173
E-mail: joslin@bwda.org.in
Year of
2003
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Tamil Nadu, Pudhucherry, Andaman
Operating
Nicobar Islands
State(s)/UT(s)
No. of
TIER III MFI

Branch(es) 40
No. of Staff 118
Products & Micro Credit, Educational Loan, Micro
Services Offered Housing , Water & Sanitation Loan,
Individual Loan, Emergency Loan
Client Outreach
0.22
(in lakh)*
Net Loan Portfo- 28.56
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 28.56
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 155


Nadu Tamil

Name of the Bullock-Cart Workers Development


Organization Association (BWDA)
Legal Form Society
State Head
Quarter Tamil Nadu
Head of the Dr. C. Joslin Thambi
Institution & 858, East Pondy Road
Contact Details Villupuram, PIN-605602
Villupuram District, Tamil Nadu
Ph: 9994472173
E-mail: joslin@bwda.org.in
Year of
Establishment 1985
Operating in No. 3
of State(s)/UT(s)
Name of the
Tamil Nadu, Pondicherry, Andaman
Operating
State(s)/UT(s) Nicobar Islands
No. of
40
TIER III MFI

Branch(es)
No. of Staff 241
Products & Micro Credit, Seasonal & Educational
Services Offered Loan, Micro Housing , Water &
Sanitation Loan, Individual Loan,
Emergency Loan, Festival Loan,
Client Outreach
(in lakh)* 0.38

Net Loan Portfo- 8.33


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 54.5
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 54.5
Crore)*
Gross Loan
Portfolio 62.83
(` in crore)*
* as on 31st March 2018

156 Directory of Microfinance Institutions


(MFIs) in India
Nadu
lTami
Name of the Consortium For Social Care And
Organization Development (CONSO)
Legal Form Trust
State Head
Tamil Nadu
Quarter
Head of the
Institution & Mr. J.Mariammal
Contact Details RH 80, Ellis Nagar, Madurai
PIN- 625016, Tamil Nadu.
Ph: 09842068991
Email: consotrust96@gmail.com

Year of
2015
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 15
Products &
Services Offered Micro Credit
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 0.55
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 2.85
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 2.85
Crore)*
Gross Loan
Portfolio 3.40
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 157


Nadu
Tamil

Name of the
Gramalya Microfin Foundation
Organization
Legal Form Sec 8 Company
State Head
Tamil Nadu
Quarter
Head of the
Ms. J Geetha
Institution &
No. 2204, Maheswaram 1st Floor
Contact Details Thiruvalluvar Avenue, Tiruchirapalli
PIN-621216, Tamil Nadu
Ph: 9894715639
Email: geethagmf@gmail.com
Year of
2011
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Pondicherry
State(s)/UT(s)
III MFI

No. of 31
Branch(es)
TIER

No. of Staff 153


Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.43
(in lakh)*
Net Loan Portfo- 1.60
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 51.35
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 51.35
Crore)*
Gross Loan
Portfolio 52.95
(` in crore)*
* as on 31st March 2018

158 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tami
l
Name of the Gramalaya Urban And Rural
Organization Development Initiatives And Network
(GUARDIAN)
Legal Form Sec 8 Company
State Head
Quarter Tamil Nadu
Head of the Mr. M Senthil Kumar
Institution & No.7/1, Star Avenue, Behind Taj Mar-
Contact Details riage Hall, Karur By Pass Road
Trichy PIN- 620002, Tamil Nadu
Ph: 9345678556
E-mail: senthilguardian@gmail.com
senthil_0909@rediffmail.com
Year of
Establishment 2008
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
TIER III MFI

State(s)/UT(s)
No. of
Branch(es) 8
No. of Staff 73
Products &
Services Offered Micro Credit, Water & Sanitation
Client Outreach
(in lakh)* 0.18

Net Loan Portfo- 10.03


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 4.76
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 4.76
Crore)*
Gross Loan
Portfolio 14.79
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 159


Nadu Tamil

Name of the Growing Opportunity Finance (India)


Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Mr. Samuel Chandar
Institution &
No. 73, Y Block, 6th Street
Contact Details Anna Nagar,
Chennai, PIN- 600040, Tamil Nadu
Ph: 8754427240
E-mail: info@gopportunity.net
Year of
2006
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Chhatisgarh, Puducherry
State(s)/UT(s)
TIER II MFI

No. of 25
Branch(es)
No. of Staff 192
Products &
Services Offered Micro Credit
Client Outreach
0.69
(in lakh)*
Net Loan Portfo- 159.32
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 2.47
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 161.78
(` in crore)*
* as on 31st March 2018

160 Directory of Microfinance Institutions


(MFIs) in India
Nadu
lTami
Name of the
Hand in Hand India
Organization
Legal Form Trust
State Head
Tamil Nadu
Quarter
Head of the
Dr. Kalpana Sankar
Institution &
33, 48th Street, 9th Avenue
Contact Details Ashok Nagar, Chennai, PIN - 600083
Tamil Nadu
Ph: 044 -6720 1000,
E-mail: jeyaseelan.n@hihindia.org
Year of
2004
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Tamil Nadu, Karnataka, Madhya
Operating
Pradesh, Maharastra, Rajasthan
State(s)/UT(s)
III MFI

No. of 51
Branch(es)
TIER

No. of Staff 291


Products &
Services Offered Micro Credit
Client Outreach
0.28
(in lakh)*
Net Loan Portfo- 27.43
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 27.43
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 161


Nadu
Tamil

Name of the
Inditrade Finance & Leasing Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Mr. Brij Gopal Daga
Institution &
XXXVI, 202
Contact Details JJ Complex Dairy Methanam Road
Edappally, Kochi, PIN-682024, Kerala.
Ph: 914844100200
Email:customercare@inditrade.com
Year of
2014
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Maharashtra, Tamil Nadu, Kerala
State(s)/UT(s)
III MFI

No. of 25
Branch(es)
TIER

No. of Staff 145


Products &
Services Offered Micro Credit
Client Outreach
0.3
(in lakh)*
Net Loan Portfo- 69.00
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 69.00
(` in crore)*
* as on 31st March 2018

162 Directory of Microfinance Institutions


(MFIs) in India
Nadu
lTami
Name of the Innovative Microfinance for
Organization Poverty Alleviation and Community
Transformation
Legal Form Sec 8 Company
State Head
Tamil Nadu
Quarter
Head of the Mr. S. Suvisedagan Aruliah
Institution & 16, V.O.C. Main Road, Kodambakkam,
Contact Details Chennai, PIN-600024
Tamil Nadu
Ph: 044-24807235, 044-24817509
E-mail:suvi_aruliah@wvi.org
Year of
2004
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Tamil Nadu, Kerala, Uttar Pradesh,
Operating
Chhatttisgarh
State(s)/UT(s)
III MFI

No. of 10
Branch(es)
TIER

No. of Staff 76
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.22
(in lakh)*
Net Loan Portfo- 34.64
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 34.64
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 163


Nadu
Tamil

Name of the
Kiara Microcredit Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the Mr. V Sankar
Institution & Flat No.G-1, VTP Apartments
Contact Details Lake Area Main Road, Melur Road
Uthangudi, Madurai
PIN - 625107, Tamil Nadu
Ph: 09994409854,
Email: sankar_v@aol.in
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 6
Branch(es)
TIER

No. of Staff 10
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 9.24
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 9.24
(` in crore)*
* as on 31st March 2018

164 Directory of Microfinance Institutions


(MFIs) in India
NadulTami
Name of the
Madura Micro Finance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Mr. M. Naryanan
Institution &
6th Floor, Karumuttu Centre
Contact Details 634, Anna Salai, Nandanam
Chennai, PIN-600035, Tamil Nadu
Ph: 42116843, 42054369
E-mail: m.narayanan@mmfl.in
Year of
2006
Establishment
Operating in No. 7
of State(s)/UT(s)
Name of the
Bihar, Odisha, Tamil Nadu, Karnataka,
Operating
Maharashtra, Kerala, Pondicherry
State(s)/UT(s)
TIER I MFI

No. of 312
Branch(es)
No. of Staff 2234
Products & Micro Credit, Education,
Services Offered Capacity Building & Training
Client Outreach
6.89
(in lakh)*
Net Loan Portfo- 1115.43
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 68.79
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1184.22
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 165


Nadu
Tamil

Name of the
Magalir Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Mr. F Sadiq
Institution &
3rd Floor, Big Bazaar Complex,
Contact Details Tiruvandram Road, Tirunelveli,
PIN - 627007, Tamil Nadu
Ph: 9443322786
Email: magalirmicro@gmail.com
Year of
2015
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 27
Branch(es)
TIER

No. of Staff 125


Products &
Services Offered Micro Credit
Client Outreach
0.34
(in lakh)*
Net Loan Portfo- 65.45
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 65.45
(` in crore)*
* as on 31st March 2018

166 Directory of Microfinance Institutions


(MFIs) in India
Nadu
lTami
Name of the
Magilchi Foundation
Organization
Legal Form Trust
State Head
Tamil Nadu
Quarter
Head of the Mr. V. Kesavan
Institution & 30/15, Kallupatarai St, Marudhupandi
Contact Details Nagar, Narimedu, Madurai
PIN-625002,Tamil Nadu.
Ph: 9443405551, 677502885
E-mail : Magilchifoundation@gmail.
com
Year of
2012
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 8
Products &
Services Offered Micro Credit
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 1.39
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 1.27
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2.66
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 167


Nadu
Tamil

Name of the
Organization Mahasemam Trust
Legal Form Trust
State Head
Quarter Tamil Nadu
Head of the Dr. N. Sethuraman
Institution & No. 110 - J/1, Muthamil Street,
Contact Details Bharani Nagar, Vannarpet
Tirunelveli, PIN-627003, Tamil Nadu
Ph: 9994409854
Ph: 0462-2501890/4210010
Email: semamnellai@yahoo.co.in
Year of
Establishment 1999
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
II MFI

No. of
Branch(es) 47
TIE
R

No. of Staff 455


Products & Micro Credit, Health & Sanitation,
Services Offered Education, Maternity, Capacity
Building & Training,
Client Outreach
(in lakh)* 1.17

Net Loan Portfo- 148.64


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 148.64
(` in crore)*
* as on 31st March 2018

168 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tamil
Name of the
Makkal Sakthi Sangamum
Organization
Legal Form Trust
State Head
Tamil Nadu
Quarter
Head of the Mr. P Anthony
Institution & Dr. Ambedkar Cultrual Academy
Contact Details Mandela Nagar, PTC.Post
Madurai, PIN-625022, Tamil Nadu
Ph: 08870346255, 9486339333,
8825679957
Email: masstrust2016@gmail.com
Year of
2016
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 5
Branch(es)
TIE
R

No. of Staff 12
Products &
Services Offered Micro Credit
Client Outreach
0.009
(in lakh)*
Net Loan Portfo- 1.09
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 1.24
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.00
Crore)*
Gross Loan
Portfolio 2.33
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 169


Nadu Tamil

Name of the
MSM Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the Mr. Mohankumar Subramanyam &
Institution & Vasanth PSV
Contact Details 5/750, First Floor, Sabari Salai
Madipakkam, Chennai
PIN-600091, Tamil Nadu
Email: vv@msmmicrofinance.com
Ph: 9941976777
Year of
2010
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Madhya Pradesh, Gujarat
State(s)/UT(s)
TIER III MFI

No. of 12
Branch(es)
No. of Staff 97
Products &
Services Offered Micro Credit
Client Outreach
0.2
(in lakh)*
Net Loan Portfo- 20.49
lio (` in crore)*
Managed/
Securitized
Portfolio (` in
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 13.4
Crore)*
Gross Loan
Portfolio 20.49
(` in crore)*
* as on 31st March 2018

170 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tami
l
Name of the Nanayasurabhi Development
Organization Financial Services (NDFS)
Legal Form Sec 8 Company
State Head
Tamil Nadu
Quarter
Head of the Mr. N. Peter Palaniswami
Institution & Surabhiagam, No.15, Karunya Garden,
Contact Details 12th Cross, Renganagar Extn,
Uyyakodan Thirumalai, Vayalur Road,
Trichy, PIN-620102, Tamil Nadu.
Ph: 0413-2780648/2782220
E-mail : ndfs.india@gmail.com
Year of
2004
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 4
Branch(es)
TIER

No. of Staff 12
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 3.17
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3.17
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 171


Nadu Tamil

Name of the People's Action For Transformation


Organization (PAT)
Legal Form Trust
State Head
Tamil Nadu
Quarter
Head of the
Mr. R. Stephen Francis Xavier
Institution &
No.4, A-Block, St. Paul's Complex,
Contact Details Bharathiar Salai, Cantonment,
Trichy, PIN-620001, Tamil Nadu
Ph: 0431 2413434
E-mail: pat_trichy@yahoo.com
Year of
2003
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
TIER III MFI

No. of 20
Branch(es)
No. of Staff 140
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.36
(in lakh)*
Net Loan Portfo- 28.35
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 39.92
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 39.92
Crore)*
Gross Loan
Portfolio 68.27
(` in crore)*
* as on 31st March 2018

172 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tami
l
Name of the
Repco Micro Finance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Smt. R.S Isabella
Institution &
No. 634, 2nd Floor
Contact Details Karumuttu Centre, Anna Salai,
Chennai, PIN-600035, Tamil Nadu
Ph: 8939737170
Email: rmfl@repcomicrofin.co.in
Year of
2011
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
TIER I MFI

No. of 80
Branch(es)

No. of Staff 601


Products &
Services Offered Micro Credit
Client Outreach
3.07
(in lakh)*
Net Loan Portfo- 700.58
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 700.58
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 173


Nadu
Tamil

Name of the Rural Education Environment


Organization Development & Multipurpose
Awareness Society (REEDMAS)
Legal Form Society
State Head
Quarter Tamil Nadu
Head of the Mr. K.A. Ananthan
Institution & 121/2, Kalaramani Modachur Post
Contact Details Gobichettipalayam, Erode
PIN-638673, Tamil Nadu
Ph: 04285-228320, 04285-228376,
9842796519
E-mail: reedmas@yahoo.com
Year of
Establishment 2002
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
IIIMFI

No. of

State(s)/UT(s)

Branch(es) 8
TIER

No. of Staff 40
Products &
Services Offered Micro Credit
Client Outreach
(in lakh)** 0.03

Net Loan Portfo- 4.00


lio (` in crore)**
Managed/
Securitized
Portfolio (` in 2.00
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 1.00
Crore)**
Gross Loan
Portfolio 6.00
(` in crore)**
**asasonon31stMarch20182017

174 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tami
l
Name of the Rural Education and Action
Organization Development (READ)
Legal Form Society
State Head
Quarter Tamil Nadu
Head of the Mr. D. Selvam
Institution & 1926(5/58) Sakthi Vinayagar Street,
Contact Details Vilandai- Andimadam Post
Ariyalur District- 621801, Tamil Nadu
Ph: 04331-242483, 242283,
09443147164,
E-mail: readselvam@gmail.com &
readoffice@gmail.com
Year of
Establishment 2003
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
IIIMFI

No. of

State(s)/UT(s)

Branch(es) 2
TIER

No. of Staff 7
Products & Micro Credit, Education,
Services Offered Micro Insurance
Client Outreach
(in lakh)* 0.03

Net Loan Portfo- 5.42


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.42
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 175


Nadu
Tamil

Name of the Social Awarness and Development


Organization Organisation for Women (SAADOW)
Legal Form Society
State Head
Tamil Nadu
Quarter
Head of the
Mr. P. Sonaimuthu
Institution &
1/275, Behind Central Theatre,
Contact Details Natham, Dindigul District,
PIN-624401, Tami Nadu.
Ph: 9443078948
E-mail: saadows@gmail.com
Year of
2003
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 4
Branch(es)
TIER

No. of Staff 12
Products &
Services Offered Micro Credit
Client Outreach
0.06
(in lakh)**
Net Loan Portfo- 4
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 4.5
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 8.50
(` in crore)**
**asasonon31stMarch20182017

176 Directory of Microfinance Institutions


(MFIs) in India
Tamil Nadu
Name of the
S.M.I.L.E. Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the
Mrs. Indrani Bhagwan Singh
Institution &
The Galaxy, No. 30, 48th Street,
Contact Details 9th Avenue, Ashok Nagar, Chennai
PIN-600086, Tamil Nadu.
Phone : 44 – 23718588, 42318049
E-mail: info@smileltd.in
Year of
2004
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Puducherry, Kerala
State(s)/UT(s)
TIER I MFI

No. of 100
Branch(es)
No. of Staff 559
Products &
Services Offered Micro Credit
Client Outreach
2.91
(in lakh)*
Net Loan Portfo- 471.47
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 2.38
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 473.85
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 177


Tamil Nadu

Name of the Sarvodaya Nano Finance Ltd.


Organization
Legal Form NBFC
State Head
Tamil Nadu
Quarter
Head of the
Ms. B. Raghini
Institution &
Assefa Building, 279 Avvai
Contact Details Shanmugam Salai, Royapettah
Chennai, PIN-600014, Tamil Nadu
Ph: 044-28131880
E-mail: info@sarvodayanano.org.in
Year of
2001
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Puducherry
State(s)/UT(s)
TIER II MFI

No. of 92
Branch(es)
No. of Staff 453
Products &
Services Offered Micro Credit
Client Outreach
0.5
(in lakh)*
Net Loan Portfo- 52.46
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 52.46
(` in crore)*
* as on 31st March 2018

178 Directory of Microfinance Institutions


(MFIs) in India
Tamil Nadu
Name of the Society for Human Equality ,
Organization People Health, Education and Rural
Development (SHEPHERD)
Legal Form Society
State Head
Tamil Nadu
Quarter
Head of the Mr. R.M. Paramasamy
Institution & 97, Ayyanar Colony, City/Town-
Contact Details Thanakkankulam, Thirunagar
District-Madurai-625006, Tamil Nadu
Ph: 9791794183
E-mail: ngoshepherd@gmail.com
Year of
2005
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 13
Products &
Services Offered Micro Credit
Client Outreach
0.05
(in lakh)**
Net Loan Portfo- 3.00
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 0
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 3.00
(` in crore)**
**asasonon31stMarch20182017

Directory of Microfinance Institutions (MFIs) in India 179


Nadu Tamil

Name of the
Society for Social Development
Organization
Legal Form Society
State Head
Tamil Nadu
Quarter
Head of the Mr. J George Joseph
Institution & 7-4A/8-1, Nanagai Nagar
Contact Details Sucheendrum, Kanyakumari District
PIN-629704, Tamil Nadu
Ph: 9443164214, 8148231623
Email: sosodmfi@hotmail.com
sosod_social@rediffmail.com
Year of
1999
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
TIER III MFI

No. of 4
Branch(es)
No. of Staff 42
Products & Agriculture and Aliied Activities, Petty
Services Offered Trades, Sanitation
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 4.71
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.71
(` in crore)*
* as on 31st March 2018

180 Directory of Microfinance Institutions


(MFIs) in India
Nadu
Tami
l
Name of the
South India Finvest Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Tamil Nadu
Quarter
Head of the
Mr. Senthil Kumar
Institution &
3/490, NS Tower Pudhunagar
Contact Details Mettupalayam Road, Annur
PIN– 641653, Coimbatore, Tamil Nadu
Ph: 9843310130
Email: vskumarr@gmail.com
Year of
2017
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 5
Branch(es)
TIER

No. of Staff 53
Products &
Services Offered Micro Credit
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 11.78
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 11.78
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 181


Nadu
Tamil

Name of the
Organization Valar Aditi Social Finance Pvt. Ltd.
Legal Form NBFC-MFI
State Head
Quarter Tamil Nadu
Head of the Mr. I. Sebastian
Institution & Door No:7/19/1 Pavala Veethi,
Contact Details Ganapathi Nagar, New Vilangudi,
Madurai, PIN- 625018, Tamil Nadu
Ph: 9442642486
E-mail: md@valaraditi.in,
contact@valaraditi.in
Website: www.valaraditi.in
Year of
Establishment 2010
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Puduchery
IIIMFI

No. of

State(s)/UT(s)

Branch(es) 4
TIER

No. of Staff 43
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
(in lakh)* 0.07

Net Loan Portfo- 10.26


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 10.26
(` in crore)*
* as on 31st March 2018

182 Directory of Microfinance Institutions


(MFIs) in India
Nadu
lTami
Name of the
Varam Capital Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the Mr. Joby C O
Institution & North Wing, 2nd Floor, No.1. Rashmi
Contact Details Tower, Valluvarkottam High Road,
Nungambakkom,
Chennai PIN- 600034, Tamil Nadu
Ph: 8754436146
E-mail: contactus@varam.in
Year of
2011
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Chhattisgarh
State(s)/UT(s)
III MFI

No. of 25
Branch(es)
TIER

No. of Staff 198


Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.49
(in lakh)*
Net Loan Portfo- 69.06
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 3.57
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 1.75
Crore)*
Gross Loan
Portfolio 72.63
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 183


Nadu Tamil

Name of the
Virutcham Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the Mr. Jesudason
Institution & C-50, Guru Dev Nagar, Avaniyapuram
Contact Details Bye Pass Road, Madurai, PIN- 625012.
Tamil Nadu.
Ph: 0452-2690909, 9444408345
E-mail: Virutcham.vml@gmail.com,
ceo@virutcham.org
Year of
2008
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Tamil Nadu, Kerala
State(s)/UT(s)
TIER III MFI

No. of 9
Branch(es)
No. of Staff 73
Products &
Services Offered Micro Credit
Client Outreach
0.12
(in lakh)*
Net Loan Portfo- 27.54
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 27.54
(` in crore)*
* as on 31st March 2018

184 Directory of Microfinance Institutions


(MFIs) in India
Nadu
lTami
Name of the
Vivardhana Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head
Tamil Nadu
Quarter
Head of the Mr. N. Eswaran
Institution & Flat No-E-7, Shanthi Apartments
Contact Details Door No 4, Appu Mudali
Street, Mylapore, Chennai
PIN- 600004, Tamil Nadu
Ph: 9444396351
Email: eswarann1954@gmail.com
Year of
2018
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 5
Products &
Services Offered Micro Credit
Client Outreach
0.0002
(in lakh)*
Net Loan Portfo- 0.072
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.07
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 185


TamilNadu

Name of the Welfare Organisation for Multipurpose


Organization Mass Awareness Network (WOMAN)
Legal Form Society
State Head
Tamil Nadu
Quarter
Head of the
Mr. Rajanarayanan
Institution &
13/1 Middle Street, Mannarpuram,
Contact Details Trichy PIN- 620020,Tamil Nadu
Ph: 9994966975
Email id: rajanarayanan.cs@woman-
mfi.org, woman1992org@gmail.com
Year of
2005
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Tamil Nadu
State(s)/UT(s)
TIER III MFI

No. of 6
Branch(es)
No. of Staff 60
Products &
Services Offered Microcredit
Client Outreach
0.11
(in lakh)*
Net Loan Portfo- 20.68
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 20.68
(` in crore)*
* as on 31st March 2018

186 Directory of Microfinance Institutions


(MFIs) in India
Telangana
Name of the
Asmitha Microfin Ltd.
Organization
Legal Form NBFC-MFI
State Head
Telangana
Quarter
Head of the
Dr. Vidya Sravanthi
Institution &
1-2-58, Plot No. 1-3
Contact Details N Block, Kakatiya Nagar, Habsiguda
Hyderabad, PIN-500007, Telangana
Ph: 9573111004
Email: aml@asmithamicrofin.com
Year of
2002
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Andhra Pradesh, Telangana
State(s)/UT(s)
TIER I MFI

No. of 235
Branch(es)
No. of Staff 238
Products &
Services Offered Micro Credit
Client Outreach
9.71
(in lakh)**
Net Loan Portfo- 1303.31
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 0
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 1303.31
(` in crore)**
**asasonon31stMarch20182017

Directory of Microfinance Institutions (MFIs) in India 187


Telangana

Name of the
Bharat Financial Inclusion Ltd.
Organization
Legal Form NBFC-MFI
State Head
Telangana
Quarter
Head of the Mr. M. R. Rao
Institution & My Home Tycoon
Contact Details 3rd Floor above “Life style”, Block “A”
6-3-1192, Kundanbagh, Main Road,
Hyderabad – 500016, Telangana
Ph: 40-44526000
E-mail: ritesh.chatterjee@sksindia.com
Year of
1997
Establishment
Operating in No.
16
of State(s)/UT(s)
Name of the Bihar, Chattisgarh, Delhi, Haryana,
Operating Himachal Pradesh Jharkhand,
State(s)/UT(s) Karnataka, Kerala, Madhya Pradesh,
Maharashtra, Odisha, Punjab, Rajasthan,
I MFI

Uttar Pradesh, Uttaranchal, West Bengal


No. of Branch(es) 1434
TIE
R

No. of Staff 15403


Products & Micro Credit, Housing & Energy,
Services Offered Micro Insurance
Client Outreach
61.88
(in lakh)*
Net Loan Portfo- 8859.03
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 3735.39
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 1034.18
Crore)*
Gross Loan
Portfolio 12594.42
(` in crore)*
* as on 31st March 2018

188 Directory of Microfinance Institutions


(MFIs) in India
Telangana
Name of the
Bhartiya Samruddhi Finance Ltd. (Basix)
Organization
Legal Form NBFC
State Head
Telangana
Quarter
Head of the
Mr. Sattaiah Deverakonda
Institution &
H.O: 3rd Floor, Surabhi Arcade,
Contact Details Troop Bazar, Koti, Hyderabad,
PIN - 500001, Telangana
Ph: 40-66585800-01
E-mail: dsattaiah@basixindia.com
Year of
1996
Establishment
Operating in No.
14
of State(s)/UT(s)
Name of the Bihar, Chhattisgarh, Delhi, Jharkhand,
Operating Karnataka, Madhya Pradesh,
State(s)/UT(s) Maharashtra, Meghalaya, Odisha,
Rajasthan, Tripura, Uttar Pradesh,
TIER II MFI

Uttarakhand, West Bengal


No. of Branch(es) 57
No. of Staff 143
Products & Micro Credit, Housing & Energy, Health
Services Offered & Sanitation, Education
Client Outreach
0.55
(in lakh)*
Net Loan Portfo- 20.95
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 58.97
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 58.97
Crore)*
Gross Loan
Portfolio 79.92
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 189


Telangana

Name of the
Gaddala Financial Services
Organization
Legal Form NBFC
State Head
Telangana
Quarter
Head of the
Ms. G Reena Salomi
Institution &
H.No. 2-5-898, Circuit House Road,
Contact Details Hanamkonda, Warangal
PIN-506001, Telangana
Ph: 07893733880
Email: capitalgfs@gmail.com
Year of
2003
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Telangana
State(s)/UT(s)
TIER III MFI

No. of 5
Branch(es)
No. of Staff 7
Products &
Services Offered Micro Credit, Education
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 4.21
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 4.21
(` in crore)*
* as on 31st March 2018

190 Directory of Microfinance Institutions


(MFIs) in India
Telangana
Name of the Motherteresa Amelioration Service
Organization Society (MASS)
Legal Form Society
State Head
Telangana
Quarter
Head of the Mr. Raja Kumar
Institution & 18-2-12 Subhash Nagar, Warangal,
Contact Details Urban, Telangana, India, Field Office
1-6, Punnelu, X Road, Inaoaalu,
Warangal, PIN-506002, Telangana
Ph: 8885040009
Email: wmacsw@gmail.com
Year of
2015
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Telangana, Andhra Pradesh,
Operating
Maharashtra
State(s)/UT(s)
III MFI

No. of 4
Branch(es)
TIER

No. of Staff 26
Products &
Services Offered Micro Credit
Client Outreach
0.15
(in lakh)**
Net Loan Portfo- 6.00
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 0
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 6.00
(` in crore)**
**asasonon31stMarch20182017

Directory of Microfinance Institutions (MFIs) in India 191


Telangana

Name of the
Pragathi Seva Samithi
Organization
Legal Form Society
State Head
Telangana
Quarter
Head of the Mr. John Gaddala
Institution & H.No. 2-6-45/2, Sri Shanthi Nagar
Contact Details Colony, Road No.2, Circuit House
Road, Hanamkonda, Warangal,
PIN- 506001, Telangana
Ph: 9848098732
E-mail: info@pragathisevasamithi.org
Year of
1998
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Telangana
State(s)/UT(s)
TIER III MFI

No. of 19
Branch(es)
No. of Staff 35
Products & Livelihood Promotion, Housing,
Services Offered Business, Education
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 3.73
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3.73
(` in crore)*
* as on 31st March 2018

192 Directory of Microfinance Institutions


(MFIs) in India
Telangana
Name of the
Share Microfin Ltd.
Organization
Legal Form NBFC-MFI
State Head
Telangana
Quarter
Head of the Mr. M Udaia Kumar
Institution & D.No.I-8-437, 438, 364 & 445
Contact Details 7th Floor, Splendid Tower, Huda Road,
Begumpet, Hyderabad-500016
Ph : 40 - 44648380.
E-mail: sml@ sharemicrofin.com
Year of
1999
Establishment
Operating in No.
of State(s)/UT(s) 18
Name of the Assam, Bihar, Chhattisgarh, Delhi,
Operating Goa, Gujarat, Haryana, Jharkhand,
State(s)/UT(s) Karnataka, Kerala, Madhya Pradesh,
Maharashtra, Odisha, Rajasthan,
Tamil Nadu, Uttar Pradesh,
TIER I MFI

Uttrakhand, West Bengal


No. of Branch(es) 763
No. of Staff 3316
Products &
Micro Credit, Micro Insurance
Services Offered
Client Outreach
5.52
(in lakh)*
Net Loan Portfo- 737.00
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 737.00
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 193


Telangana

Name of the
Organization Spandana Sphoorty Financial Ltd.
Legal Form NBFC-MFI
State Head
Quarter Telangana
Head of the Ms. G. Padmaja Reddy
Institution & Plot No. 31 & 32, Ramky Selenium
Contact Details Towers, Tower A, Ground Floor
Financial Dist, Nanakramguda
Hyderabad-500032, Telengana
Ph: 9985962896
E-mail: padmaja.reddy@spandanaindia.
com
Year of
Establishment 2005
Operating in No.
of State(s)/UT(s) 15
Name of the Telangana, Andhra Pradesh, Bihar,
Operating Madhya Pradesh, Karnataka,
State(s)/UT(s) Maharashtra, Odisha, Chattisgarh,
TIE I MFI

Jharkhand, Gujarat, Kerala, Goa,


Uttar Pradesh, Rajasthan, West Bengal

No. of Branch(es) 694


R

No. of Staff 4045


Products &
Services Offered Micro Credit and Micro Insurance
Client Outreach
(in lakh)* 15.86

Net Loan Portfo- 2481.75


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 684.60
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3166.35
(` in crore)*
* as on 31st March 2018

194 Directory of Microfinance Institutions


(MFIs) in India
Telangana
Name of the
Vaya Finserv Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Telangana
Quarter
Head of the
Mr. R Jagadish Babu
Institution &
SLN Terminus, # 4-51/SLNT/L4 – 05
Contact Details Gachibowli, Kondapur Road
Hyderabad, PIN-500032, Telangana
Ph: 7095558993/ 8501840736
Email: jagadish@vayaindia.com
Year of
2014
Establishment
Operating in No. 6
of State(s)/UT(s)
Name of the
Bihar, Jharkhand, Odisha,
Operating
Maharashtra, Karnataka, Telangana
State(s)/UT(s)
TIER I MFI

No. of 223
Branch(es)
No. of Staff 1611
Products &
Services Offered Micro Credit, Micro Insurance, BC
Client Outreach
4.13
(in lakh)*
Net Loan Portfo- 92.02
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 597.10
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 597.10
Crore)*
Gross Loan
Portfolio 689.12
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 195


Pradesh Utta
r

Name of the
AU Welfare Foundation
Organization
Legal Form Sec 8 Company
State Head
Uttar Pradesh
Quarter
Head of the
Mr. Anup K Pandey
Institution &
Shri Amar Plaza, A – 863, Sector – 1,
Contact Details LDA Colony, Kanpur Road, Ashiyana,
Lucknow, PIN– 226012, Uttar Pradesh
Ph: 7275003001
Email: anup.p@auwelfare.com
Year of
2015
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Uttar Pradesh
State(s)/UT(s)
TIER III MFI

No. of 8
Branch(es)
No. of Staff 34
Products &
Services Offered Microcredit
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 9.73
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 9.73
(` in crore)*
* as on 31st March 2018

196 Directory of Microfinance Institutions


(MFIs) in India
PradeshUttar
Name of the
Bharatiya Micro Credit
Organization
Legal Form Sec 8 Company
State Head
Uttar Pradesh
Quarter
Head of the
Mr. Vijay Pandey
Institution &
645A/57, Plot No-15, Janki Vihar,
Contact Details Sector-I, Jankipuram, Lucknow
PIN-226021, Uttar Pradesh
Ph: 8795834401,
E-mail: bmclko@gmail.com
Year of
2008
Establishment
Operating in No. 10
of State(s)/UT(s)
Name of the Uttar Pradesh, Uttarakhand, Madhya
Operating Pradesh, Andaman, Delhi, Maharastra,
State(s)/UT(s) Bihar, Gujarat, Punjab, Daman & Diu
TIER IIMFI

No. of 102
Branch(es)
No. of Staff 421
Products &
Services Offered Micro Credit, BC
Client Outreach
1.80
(in lakh)*
Net Loan Portfo- 201.81
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 67.52
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 67.52
Crore)*
Gross Loan
Portfolio 269.33
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 197


Pradesh
Utta
r

Name of the
Organization CASHPOR Micro Credit
Legal Form Sec 8 Company
State Head
Quarter Uttar Pradesh
Head of the Mr. Mukul Jaisawal
Institution & 2nd Floor, Varanasi Trade
Contact Details Center, M.A Road, Varanasi,
PIN-221002, Uttar Pradesh
Ph: 05422505590-92, 9794452600
E-mail: mdoffice@cashpor.in;
bs@cashpor.in
Year of
Establishment 2002
Operating in No.
of State(s)/UT(s) 5
Name of the
Uttar Pradesh, Bihar, Chhattisgarh,
Operating
Jharkhand, Madhya Pradesh
State(s)/UT(s)
MF
I

No. of
Branch(es) 504
I TIER

No. of Staff 3383


Products & Micro Credit, BC, Livelihood Promotion,
Services Offered Health & Sanitation, Education,
Capacity building & Training
Client Outreach
(in lakh)* 8.73

Net Loan Portfo- 944.56


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 867.88
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 867.88
Crore)*
Gross Loan
Portfolio 1812.44
(` in crore)*
* as on 31st March 2018

198 Directory of Microfinance Institutions


(MFIs) in India
Pradesh
Utt
ar
Name of the
Disha India Micro Credit
Organization
Legal Form Sec 8 Company
State Head
Uttar Pradesh
Quarter
Head of the Mr. K.N. Tiwari
Institution & Moh.Mandir ji
Contact Details Sultanpur-Chilkana Saharanpur
PIN-247231, Uttar Pradesh
Ph: 0132-2696224, 2696424
E-mail: post@dishain.org,
kntiwari.disha.org@gmail.com
Year of
2008
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Uttar Pradesh, Uttrakhand, Himachal
Operating
Pradesh, Haryana
State(s)/UT(s)
III MFI

No. of 21
Branch(es)
TIER

No. of Staff 151


Products & Micro Credit, Livelihood Promotion,
Services Offered Capacity Building & Training
Client Outreach
0.28
(in lakh)*
Net Loan Portfo- 0.68
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 46.59
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 46.59
Crore)*
Gross Loan
Portfolio 47.27
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 199


Pradesh Utta
r

Name of the
Futureage India Micro Credit Services
Organization
Legal Form Sec 8 Company
State Head
Uttar Pradesh
Quarter
Head of the
Mr. Sadanand Singh
Institution &
B-2, M/148, SBI Colony, Sitapur Road
Contact Details Yojana, Aliganj, Lucknow, PIN-226020
Uttar Pradesh
Ph: 9415248101, 0522-4015538
E-mail: futureage.lko@gmail.com
Year of
2014
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Uttar Pradesh
State(s)/UT(s)
TIER III MFI

No. of 8
Branch(es)
No. of Staff 32
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 5.29
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0.72
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0.72
Crore)*
Gross Loan
Portfolio 6.01
(` in crore)*
* as on 31st March 2018

200 Directory of Microfinance Institutions


(MFIs) in India
Pradesh
Uttar
Name of the
Gramotthan Micro Finance Company
Organization
Legal Form Sec 8 Company
State Head
Uttar Pradesh
Quarter
Head of the
Mr. Prakash Narayan Dubey
Institution &
Saroj Tower Kasia Road, Chhawani,
Contact Details NH-28 B Road, Padrauna Kushinagar,
PIN- 274304, Uttar Pradesh
Ph: 9936715571
E-mail: gmfc.kushinagar@gmail.com
Year of
2013
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Uttar Pradesh, Bihar
State(s)/UT(s)
III MFI

No. of 7
Branch(es)
TIER

No. of Staff 25
Products &
Services Offered Micro Credit
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 6.99
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 6.99
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 201


Pradesh Utta
r

Name of the
Margdarshak Financial Services Ltd.
Organization
Legal Form NBFC-MFI
State Head
Uttar Pradesh
Quarter
Head of the Mr. Rahul J. Mittra
Institution & 118, Dayal Farms
Contact Details Ganeshpur-Rehmanpur,
Chinhat-Deva Road, Lucknow,
PIN-226019, Uttar Pradesh
Ph: 0522-6506444
E-mail: margdarshak.lko@gmail.com
Year of
2007
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Uttar Pradesh, Bihar, Haryana,
Operating
Uttarakhand, Himachal Pradesh
State(s)/UT(s)
TIER II MFI

No. of 115
Branch(es)
No. of Staff 708
Products &
Services Offered Micro Credit
Client Outreach
2.19
(in lakh)*
Net Loan Portfo- 234.33
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 73.28
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 72.93
Crore)*
Gross Loan
Portfolio 307.61
(` in crore)*
* as on 31st March 2018

202 Directory of Microfinance Institutions


(MFIs) in India
Pradesh
Uttar
Name of the NEED Livelihood Microfinance Pvt.
Organization Ltd.
Legal Form NBFC-MFI
State Head
Uttar Pradesh
Quarter
Head of the Mr. Anil K. Singh
Institution & 39, Neel Vihar, 14-Sector Power House
Contact Details Indira Nagar, Lucknow-226016,
Uttar Pradesh. Ph: 0522-2712671,
2712311, 9415020503
E-mail: need@indianeedlko.org,
need.lko@gmail.com
Year of
2005
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Uttar Pradesh, Bihar, Uttarakhand,
Operating
West Bengal
State(s)/UT(s)
III MFI

No. of 38
Branch(es)
TIER

No. of Staff 201


Products &
Services Offered Micro Credit
Client Outreach
0.27
(in lakh)*
Net Loan Portfo- 32.85
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 9.32
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 9.32
Crore)*
Gross Loan
Portfolio 42.17
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 203


Pradesh Utta
r

Name of the
Rudraaksh Microfinance Foundation
Organization
Legal Form Sec 8 Company
State Head
Uttar Pradesh
Quarter
Head of the Mr. Prashant Pandey
Institution & Plot No. C-24, 2nd Floor, Bhuneshwar
Contact Details Nagar Colony, Orderly Bazar,
Varanasi, PIN-221002, Uttar Pradesh
Ph: 9984412123
Email: prashant.pandey279@gmail.
com
Year of
2015
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Uttar Pradesh
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 4
Products &
Services Offered Micro Credit
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 0.36
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.36
(` in crore)*
* as on 31st March 2018

204 Directory of Microfinance Institutions


(MFIs) in India
PradeshUttar
Name of the
Sonata Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
Uttar Pradesh
Quarter
Head of the
Mr. Anup Kumar
Institution &
II Floor, CP-1, PG Tower, Kursi
Contact Details Road, Vikas Nagar, Lucknow
PIN-226022, Uttar Pradesh
Ph: 532 -2467985/6540311-15
E-mail: info@sonataindia.com
Year of
2006
Establishment
Operating in No. 8
of State(s)/UT(s)
Name of the Bihar, Haryana, Madhya Pradesh,
Operating Maharashtra, Punjab, Rajasthan,
State(s)/UT(s) Uttar Pradesh, Uttarakhand
TIER I MFI

No. of 425
Branch(es)

No. of Staff 2761


Products & Micro Credit, Micro Insurance
Services Offered (Non-Health), Remittance
Client Outreach
6.98
(in lakh)*
Net Loan Portfo- 1144.51
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 178.3
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 133.16
Crore)*
Gross Loan
Portfolio 1322.81
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 205


Pradesh
Utta
r

Name of the
Surya Jyoti Leasing and Finance Ltd.
Organization
Legal Form NBFC
State Head
Uttar Pradesh
Quarter
Head of the Mr. Amit Kushwaha
Institution & 14 C, Daud Nagar, Naini,
Contact Details Allahabad (Near ICICI Bank)
PIN-211008, Uttar Pradesh.
Ph : 08756468888,
E-mail: amitdocument6820@gmail.
com
Year of
2012
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating Uttar Pradesh, Madhya Pradesh
State(s)/UT(s)
III MFI

No. of 36
Branch(es)
TIER

No. of Staff 240


Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.15
(in lakh)*
Net Loan Portfo- 7.95
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 7.95
(` in crore)*
* as on 31st March 2018

206 Directory of Microfinance Institutions


(MFIs) in India
Pradesh Uttar
Name of the
Suvidha Microfin
Organization
Legal Form NBFC
State Head
Uttar Pradesh
Quarter
Head of the
Institution & Mr. Sanjiv Rastogi
Contact Details G-107, First Floor, Sector-63,
Noida, PIN-201301, Uttar Pradesh
Ph: 9984490050
Email: suvidha_lko@yahoo.com

Year of
2009
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Uttar Pradesh, Uttarakhand, Haryana,
Operating
Delhi, Madhya Pradesh
State(s)/UT(s)
TIER III MFI

No. of 38
Branch(es)
No. of Staff 40
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.1
(in lakh)*
Net Loan Portfo- 13.34
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 13.34
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 207


Uttarakhand

Name of the Balajee Sewa Sansthan


Organization
Legal Form Society
State Head
Uttarakhand
Quarter
Head of the
Mr. Awadhesh Kumar
Institution &
127, Tilak Bazar Road,
Contact Details Subhash Nagar, Dehradun,
PIN-248002, Uttrakhand
Ph: 8859993336, 0135 - 2641388,
E-mail: balajeesewa@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating Uttarakhand
State(s)/UT(s)
III MFI

No. of 4
Branch(es)
TIER

No. of Staff 7
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 2.06
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2.06
(` in crore)*
* as on 31st March 2018

208 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Agradut Polly Unnayan Samity
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Umasankar Mukherjee
Institution & Vill + P.O - Gaza
Contact Details P.S - Udaynarayanpur,
Dist- Howrah, PIN - 711226
West Bengal
Ph: 03214-257-755, 9733863346
E-mail : agradut_org@yahoo.co.in
Year of
1999
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 8
Branch(es)
No. of Staff 69
Products &
Services Offered Micro Credit
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 1.56
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.56
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 209


West Bengal

Name of the Arohan Financial Services Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the
Mr. Manoj Kumar Narayan Nambiar
Institution &
PTI Building, 4th Floor, West Wing,
Contact Details DP Block, DP-9, Sector-V, Salt Lake,
Kolkata, PIN - 700091, West Bengal
Ph: (033) 4015 6000
E-mail: manoj.nambiar@arohan.in
Year of
2011
Establishment
Operating in No. 10
of State(s)/UT(s)
Name of the Assam, Bihar, Chattisgarh, Jharkhand,
Operating Meghalaya, Maharasdhtra, Odisha,
State(s)/UT(s) Tripura, Uttar Pradesh, West Bengal
TIER I MFI

No. of 435
Branch(es)

No. of Staff 3177


Products &
Services Offered Micro Credit, Insurance
Client Outreach
11.38
(in lakh)*
Net Loan Portfo- 2057.56
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 113.67
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 69.06
Crore)*
Gross Loan
Portfolio 2171.23
(` in crore)*
* as on 31st March 2018

210 Directory of Microfinance Institutions


(MFIs) in India
WestBengal
Name of the ASA International India Microfinance
Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the Mr. Anjan Dasgupta
Institution & Block – GN-37/2, Victoria Park
Contact Details 9th Floor, Sector – V, Salt Lake City
Kolkata – 700 091, West Bengal
Ph: 033-2357 8508/18
E-mail: anjan.dasgupta@asa-interna-
tional.in
Year of
2008
Establishment
Operating in No. 6
of State(s)/UT(s)
Name of the
Assam, Bihar, Meghalaya, Tripura,
Operating
Uttar Pradesh, West Bengal
State(s)/UT(s)
TIER I MFI

No. of
Branch(es) 273

No. of Staff 1639


Products &
Services Offered Micro Credit
Client Outreach
5.18
(in lakh)*
Net Loan Portfo- 531.35
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 242.54
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 212.54
Crore)*
Gross Loan
Portfolio 773.89
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 211


BengalWes
t

Name of the Bagaria Relief Welfare Ambulance


Organization Society
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Mr. Gopal Ch. Mondal
Institution &
Vill & PO: Bagaria
Contact Details Dist: South 24 Parganas,
PIN-743332, West Bengal
Ph: 03174-256595, 9851918183,
E-mail: brwaswb@gmail.com
Year of
1996
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 12
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 1.08
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.08
(` in crore)*
* as on 31st March 2018

212 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Bagnan-I Mahila Bikash Cooperative
Organization Credit Society Ltd.
Legal Form MACS or Cooperative
State Head
West Bengal
Quarter
Head of the
Institution & Ms. Madhuri Ghosh
Contact Details Bagnan Post, Dist: Howrah
PIN-711303, West Bengal
Ph: 9836025583
Email: mahila.bikash@gmail.com

Year of
1997
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 125


Products &
Services Offered Savings and Loans
Client Outreach
0.32
(in lakh)*
Net Loan Portfo- 22.07
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 22.07
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 213


West Bengal

Name of the Bandipur Sopan Welfare Society


Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Mr. Milan Kumar Dutta
Institution &
South Bandipur
Contact Details Rahara 24 Pgs North, Kolkata,
PIN-700118, West Bengal
Ph: 9239237891, 9051184414
Email: amarsopan2013@gmail
Year of
2013
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 1
Branch(es)
No. of Staff 21
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 0.88
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.88
(` in crore)*
* as on 31st March 2018

214 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Barasat Grameen Society
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Gouranga Kr. Sarkar
Institution & C/O Ramkrishna Lane, Noapara
Contact Details Barasat, Basundhara
Dist- North 24 Pgs, Kolkata
PIN-700125, West Bengal
Ph: 9051668711,
E-mail: bgs.org.ind@gmail.com
Year of
2008
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 8
Products & Micro Finance, Health,
Services Offered Education & Awareness Program
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 1.03
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.03
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 215


West Bengal

Name of the Barasat Sampark


Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Prabindu Kumar Biswas
Institution & Murali, PO - Bamangachi
Contact Details Dist: North 24 Parganas,
PIN - 743248, West Bengal
Ph: 9830496859,
9830731236, 03325840033
E-mail: samparkmf@yahoo.co.in
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 4
Branch(es)
No. of Staff 40
Products & Micro Credit, Education Oriented,
Services Offered Social Awareness and Sanitation
Client Outreach
0.05
(in lakh)*
Net Loan Portfo- 5.11
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.11
(` in crore)*
* as on 31st March 2018

216 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Barasat Society of Self Employment
Organization for Rural Inhabitants & All Liberal
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Dilip Kumar Mondal
Institution & Krishananagar Road, Burir Pukur,
Contact Details Noapara, P.O: Noa Para, Barasat
Dist: North 24 Parganas,
Kolkata, PIN -700125, West Bengal
Ph: 9830963326
Email:sserial.barasat@gmail.com
Year of
2008
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 4
Products &
Services Offered Micro Credit
Client Outreach
0.004
(in lakh)*
Net Loan Portfo- 0.36
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.36
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 217


West Bengal

Name of the Barasat Unnayan Prostuti


Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Ranjit Kumar Datta
Institution & Basundhara, P. O. Noapara,
Contact Details Barasat, Dist: North 24 Parganas,
Kolkata, PIN-700125, West Bengal
Ph: 03325421334, 9433809012
E-mail : reachbup@yahoo.co.in,
reachbup93@gmail.com
Year of
2005
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 7
Products &
Services Offered Micro Credit
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 0.78
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 0.78
(` in crore)*
* as on 31st March 2018

218 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Belghoria Janakalyan Samity
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Institution & Mr. Bishwajit Das
Contact Details AE-592, Sector-I, Salt Lake City,
Kolkata, PIN-700064, West Bengal
Ph: 033- 40077835, 9874483004
E-mail: info@bjsmfindia.com

Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 26
Branch(es)
TIER

No. of Staff 143


Products & Micro Credit, Health & Sanitation,
Services Offered Education
Client Outreach
0.3
(in lakh)*
Net Loan Portfo- 42.26
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 42.26
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 219


West Bengal

Name of the Bengal Women Welfare Association


Organization
Legal Form Sec 8 Company
State Head
West Bengal
Quarter
Head of the Mr. Bimalendu Kayal
Institution & 1/1 Q, Prince Golam Md Shah Road,
Contact Details 2nd Floor, Kolkata
PIN-700095, West Bengal
Ph: 033-24174083, 40013077,
9433051510
E-mail: kayalbwwa@gmail.com
Year of
2009
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 4
Branch(es)
No. of Staff 11
Products &
Services Offered Micro Credit, Micro Insurance, BC
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 2.13
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 2.13
(` in crore)*
* as on 31st March 2018

220 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
BURS
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Institution & Mr. Himangshu Debnath
Contact Details B-5, Lake View Park, Baranagar
Kolkata -700108, West Bengal
Ph: 9830154583,
E-mail: burskolkata@gmail.com

Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 9
Products &
Services Offered Micro Credit
Client Outreach
0.01
(in lakh)*
Net Loan Portfo- 1.45
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.45
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 221


Bengal
Wes
t

Name of the Dakshin Budhakhali Improvement


Organization Society (DBIS)
Legal Form Society
State Head
Quarter West Bengal
Head of the Mr. Prasanta Kr. Panda
Institution & 43B, Sadananda Road, Ground Floor,
Contact Details Kalighat, Kolkata, PIN -700026
West Bengal, India
Ph: 08582941003/7278759883
E-mail: dbis.sathi@yahoo.co.in,
dbis.prasanta@gmail.com
Year of
Establishment 2006
Operating in No.
of State(s)/UT(s) 1
Name of the
Operating West Bengal
State(s)/UT(s)
TIE III MFI

No. of
Branch(es) 11
No. of Staff 49
R

Products & Micro Credit, Micro Insurance, Capac-


Services Offered ity & Building , Health & Sanitation,
and Livelihood Programme Training
Client Outreach
(in lakh)* 0.22

Net Loan Portfo- 24.05


lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 24.05
(` in crore)*
* as on 31st March 2018

222 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Destiny Finco Pvt. Ltd.
Organization
Legal Form NBFC
State Head
West Bengal
Quarter
Head of the
Mr. Sudipta Banerjee
Institution &
10/9, Chiner Park, Rajarhat,
Contact Details Gopalnagar, Kolkata – 700059
West Bengal
Ph: 0332570051, 98312 38605,
E-mail: destiny.finco@gmail.com
Year of
2008
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 19
Branch(es)
TIER

No. of Staff 74
Products &
Services Offered Micro Credit
Client Outreach
0.06
(in lakh)*
Net Loan Portfo- 5.82
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 5.82
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 223


BengalWes
t

Name of the Dhosa Chandaneswar Bratyajana


Organization Samity (DCBS)
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Animesh Naiya
Institution & Block CB/35, Salt Lake
Contact Details Kolkata, PIN-700064
West Bengal
Ph: (033) 23345593
E-mail:dcbsmfi@gmail.com
Year of
2003
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating West Bengal, Bihar
State(s)/UT(s)
TIER III MFI

No. of 10
Branch(es)
No. of Staff 57
Products & Micro Credit, Micro Insurance,
Services Offered Clean Energy Product, Rural Housing,
Water & Sanitation
Client Outreach
0.11
(in lakh)*
Net Loan Portfo- 12.90
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 12.90
(` in crore)*
* as on 31st March 2018

224 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Grameen Shakti Microfinance
Organization Services Pvt. Ltd.
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the Mr. Ganesh Chandra Modak
Institution & 13/2, Ashutosh Chatterjee Road
Contact Details Near Dhakuria Railway
Station Dhakuria, Kolkata,
PIN-700031, West Bengal
Ph : 033-24236722, 9830987098
Email: ganesh_gbk@rediffmail.com
Year of
2016
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating West Bengal, Bihar
State(s)/UT(s)
III MFI

No. of 6
Branch(es)
TIER

No. of Staff 29
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 9.33
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 9.33
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 225


West Bengal

Name of the Jagaran Microfin Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the Mr. Jayanta Mazumdar
Institution & 38, Hemanta Basu Sarani, 5th Floor,
Contact Details Kolkata, PIN - 700001, West Bengal
Ph: 8017523700
E-mail: indrajit.gupta@jagaranmf.com
Year of
2010
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
Assam, West Bengal, Bihar,
Operating
Jharkhand, Odisha
State(s)/UT(s)
No. of
108
Branch(es)
TIER II MFI

No. of Staff 582


Products & Micro Credit, Livelihood Promotion,
Services Offered Housing & Energy Health & Sanitation,
Education, Capacity Building &
Training
Client Outreach
2.21
(in lakh)*
Net Loan Portfo- 233.05
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 27.97
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 27.97
Crore)*
Gross Loan
Portfolio 261.02
(` in crore)*
* as on 31st March 2018

226 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Janakalyan Consultancy & Services
Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the
Mr. Alok Biswas
Institution &
CD-193, First Floor, Sector -1
Contact Details Saltlake City,
Kolkata PIN-700064, West Bengal
Ph: 8902123700, 7044976686
Email : info@janakalyan.net
Year of
2017
Establishment
Operating in No. 3
of State(s)/UT(s)
Name of the
Operating West Bengal, Bihar, Odisha
State(s)/UT(s)
TIER II MFI

No. of 35
Branch(es)
No. of Staff 226
Products &
Services Offered Micro Credit
Client Outreach
0.62
(in lakh)*
Net Loan Portfo- 70.57
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 8.53
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 6.73
Crore)*
Gross Loan
Portfolio 79.10
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 227


West Bengal

Name of the Kotalipara Development Society (KDS)


Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the Dr. G. C. Baidya
Institution & Santa NIR, Arabindapally
Contact Details Noapara, Barasat, Kolkata
PIN-700124, West Bengal
Ph: 033 - 25241414
E-mail: kotaliparads@yahoo.co.in,
info@kdsmfi.org
Year of
1997
Establishment
Operating in No. 6
of State(s)/UT(s)
Name of the
West Bengal, Bihar, Odisha,
Operating
Jharkhand, Tripura, Assam.
State(s)/UT(s)
TIER II MFI

No. of 111
Branch(es)
No. of Staff 499
Products & Micro Credit, Health, Training,
Services Offered Education Support, Housing Loan
Client Outreach
0.79
(in lakh)*
Net Loan Portfo- 53.11
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 53.11
(` in crore)*
* as on 31st March 2018

228 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Parama Mohila Samittee
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Ms Pronoti Sadhak
Institution &
Kamalpur, P.O.- Purbanawpara,
Contact Details P.S.-Dhantala, Dist-Nadia,
PIN-741501, West Bengal
Ph: 9732208400
Email: pmsk@parama.in
Year of
2006
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIE
R

No. of Staff 5
Products &
Services Offered Micro Credit
Client Outreach
0.07
(in lakh)*
Net Loan Portfo- 12.98
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 12.98
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 229


West Bengal

Name of the Purba Barasat Prerana


Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Mr. Paramananda Mallick
Institution &
71/7, Ghola Kachhari Road,
Contact Details Sukanta Pally, Barasat,
Kolkata, PIN-700124, West Bengal
Ph: 9432844555, 896135966,
E-mail: prerana_barasat@yahoo.com
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 2
Branch(es)
TIER

No. of Staff 9
Products & Micro Credit, Health & Sanitation, Edu-
Services Offered cation, Capacity Building & Training
Client Outreach
0.02
(in lakh)*
Net Loan Portfo- 1.12
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 1.12
(` in crore)*
* as on 31st March 2018

230 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Sahara Utsarga Welfare Society
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Mr. Sudipta Banerjee
Institution &
10/9, Chiner Park, Rajarhat,
Contact Details Gopalnagar, Kolkata–700059
West Bengal
Ph: 0332570051, 98312 38605,
E-mail: destiny.finco@gmail.com
Year of
1998
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER II MFI

No. of 82
Branch(es)
No. of Staff 402
Products &
Services Offered Micro Credit
Client Outreach
0.58
(in lakh)*
Net Loan Portfo- 47.07
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 47.07
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 231


BengalWes
t

Name of the Sampurna Training and


Organization Entrepreneurship Programme
Legal Form Sec 8 Company
State Head
West Bengal
Quarter
Head of the Mr. Abhijet Bera
Institution & 222/18, MC Garden Road, 2nd Floor,
Contact Details Dum Dum, Kolkata PIN- 700030,
West Bengal
Ph: 9674218738, 9830566989
E-mail: info@stepindia.in,
abhijit.bera@gmail.com
Year of
2011
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 8
Branch(es)
No. of Staff 52
Products & Micro Credit, Vocational Trainings,
Services Offered Business Trainings, Health Trainings
Client Outreach
0.10
(in lakh)*
Net Loan Portfo- 11.44
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 11.44
(` in crore)*
* as on 31st March 2018

232 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Sarala Development & Microfinance
Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the
Mr. Pranab Rakshit
Institution &
81/2, Acharya Jagadish
Contact Details Chandra Bose Road, 1st Floor
Kolkata, PIN-700014, West Bengal
Ph: 92305 74953
E-mail: pranab.rakshit@sarala.co.in
Year of
2010
Establishment
Operating in No. 4
of State(s)/UT(s)
Name of the
Operating West Bengal, Bihar, Assam, Sikkim
State(s)/UT(s)
TIER II MFI

No. of 68
Branch(es)
No. of Staff 381
Products &
Services Offered Microfinance Credit
Client Outreach
1.43
(in lakh)*
Net Loan Portfo- 132.12
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 45.96
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 45.96
Crore)*
Gross Loan
Portfolio 178.08
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 233


BengalWes
t

Name of the Seba Bikash Kendra Financial


Organization Services
Legal Form Sec 8 Company
State Head
West Bengal
Quarter
Head of the Mr. Subal Roy Sarkar
Institution & Village Chottosakdal West,
Contact Details P.O. Kuchni, P.S. Dinhata,
Dist. Cooch Behar
PIN-736169, West Bengal
Ph: 9800815095
Email: sebabikashkendra@gmail.com
Year of
2008
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of 2
Branch(es)
No. of Staff 27
Products &
Services Offered Micro Credit
Client Outreach
0.02
(in lakh)**
Net Loan Portfo- 4.73
lio (` in crore)**
Managed/
Securitized
Portfolio (` in 0.42
crore)**
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)**
Gross Loan
Portfolio 5.15
(` in crore)**
**asasonon31stMarch20182017

234 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Seba-Rahara
Organization
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Mr. Subrata Ghosh
Institution &
Akanksha II, Ground Floor,
Contact Details Jogipara, Saibon Road, P.O. Rahara
Kolkata-700118, West Bengal
Ph: 033 65486901, 9830141845
E-mail: seba_rahara@yahoo.co.in
Year of
2006
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating West Bengal, Bihar
State(s)/UT(s)
III MFI

No. of 10
Branch(es)
TIER

No. of Staff 66
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.16
(in lakh)*
Net Loan Portfo- 20.40
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 20.40
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 235


BengalWes
t

Name of the Society for Model Gram Bikash


Organization Kendra
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Ganesh Chandra Modak
Institution & 13/2, Ashutosh Chatterjee Road,
Contact Details Near Dhakuria Railway Station
Dhakuria, Kolkata, PIN-700031
West Bengal.
Ph: 033-24236722, 9830987098
E-mail: grambikash@rediffmail.com
Year of
2004
Establishment
Operating in No. 2
of State(s)/UT(s)
Name of the
Operating West Bengal, Bihar
State(s)/UT(s)
TIER III MFI

No. of 14
Branch(es)
No. of Staff 83
Products & Micro Credit, Education, Health &
Services Offered Sanitation, Micro Insurance
Client Outreach
0.13
(in lakh)*
Net Loan Portfo- 15.06
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 15.06
(` in crore)*
* as on 31st March 2018

236 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the Sripur Swami Vivekananda Welfare
Organization Society
Legal Form Society
State Head
West Bengal
Quarter
Head of the
Mr. Manab Ghosh
Institution &
Vill-Sripur, PO-Kashimpur
Contact Details PS-Joynagar, Dist -24 Parganas
(South), PIN- 743372 , West Bengal
Ph: 9933960347
E-mail: ssvws.bengal@gmail.com
Year of
2007
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 3
Branch(es)
TIER

No. of Staff 17
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.03
(in lakh)*
Net Loan Portfo- 3.57
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3.57
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 237


Bengal
Wes
t

Name of the Swayamsampurna Mutual Benefit


Organization Trust
Legal Form Trust
State Head
West Bengal
Quarter
Head of the Mr. Raja Menon
Institution & 1/A, South End View Building, D.H. Road
Contact Details Joka, Kolkata PIN-700104, West Bengal
Ph: 033-29700255 / 24381491 /
9830112826 / 9432865429
E-mail: banerjee9@gmail.com,
swayamsampurna10@gmail.com
Year of
2008
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
III MFI

No. of 1
Branch(es)
TIER

No. of Staff 24
Products & Micro Credit, Livelihood Promotion and
Services Offered Support to Woman Rights Activities.
Client Outreach
0.12
(in lakh)*
Net Loan Portfo- 3.31
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 3.31
(` in crore)*
* as on 31st March 2018

238 Directory of Microfinance Institutions


(MFIs) in India
West Bengal
Name of the
Uttrayan Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the
Mr. Kartick Biswas
Institution &
Block No. EC 127, Sector– 1
Contact Details Salt Lake, P.S: Bidhannagar
Kolkata, PIN–700064, West Bengal
Ph: 7044048874
E-mail: info@uttrayan-mfi.com
Year of
2001
Establishment
Operating in No. 5
of State(s)/UT(s)
Name of the
West Bengal, Assam, Bihar,
Operating
Meghalaya, Odisha
State(s)/UT(s)
TIER II MFI

No. of 76
Branch(es)
No. of Staff 387
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
1.31
(in lakh)*
Net Loan Portfo- 147.46
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 38.19
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 38.19
Crore)*
Gross Loan
Portfolio 185.65
(` in crore)*
* as on 31st March 2018

Directory of Microfinance Institutions (MFIs) in India 239


West Bengal

Name of the Village Financial Services Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head
West Bengal
Quarter
Head of the Dr. Kuldip Maity
Institution & ECO Space Business Park, Tower-4B
Contact Details Room No-403, 4th Floor, New Town,
Rajarhat, Kolkata-700156, West Bengal
Ph: 033 2564 6545/5786
E-mail: contact@village.net.in;
Website: www.village.net.in
Year of
2006
Establishment
Operating in No. 10
of State(s)/UT(s)
Name of the West Bengal, Bihar, Assam, Jharkhand,
Operating Odisha, Sikkim, Tripura, Uttrakhand,
State(s)/UT(s) Madhya Pradesh, Chhattisgarh
TIER I MFI

No. of 186
Branch(es)

No. of Staff 1123


Products & Micro Credit, Insurance, Capacity
Services Offered Building & Training
Client Outreach
3.49
(in lakh)*
Net Loan Portfo- 615.59
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 109.78
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 56.1
Crore)*
Gross Loan
Portfolio 725.37
(` in crore)*
* as on 31st March 2018

240 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the Vivekananda Sevakendra O Sishu
Organization Uddyan (VSSU)
Legal Form Society
State Head
West Bengal
Quarter
Head of the Mr. Kapilananda Mondal
Institution & Ullon, PO Ramlochan Pur
Contact Details South 24 Pgs, PIN- 743336
West Bengal
Ph: 3174 277451, 277986,
9735706439
E-mail: vssu.in@gmail.com
Year of
1994
Establishment
Operating in No. 1
of State(s)/UT(s)
Name of the
Operating West Bengal
State(s)/UT(s)
TIER III MFI

No. of
10
Branch(es)
No. of Staff 41
Products &
Services Offered Micro Credit, Micro Insurance
Client Outreach
0.04
(in lakh)*
Net Loan Portfo- 8.35
lio (` in crore)*
Managed/
Securitized
Portfolio (` in 0
crore)*
Out of Managed
Portfolio, BC
Portfolio (` in 0
Crore)*
Gross Loan
Portfolio 8.35
(` in crore)*
* as on 31st March 2018
Directory of Microfinance Institutions (MFIs) in India 241
Annexure

(A) List of MFIs which ceased microfinance operations


S.
No. Name of MFIs
1 Arasan Rural Development Society
2 Aravindo Pally Bharat Kristi Seva Sangha
3 Baradrone Social Welfare Institution (BSWI)
4 Barasat Anweshan
5 Bharat Sevak Samaj (BSS)
6 Boys' Recreation Club
7 Bureau of Obligate and Accompainer
for Rural Development (BOARD)
8 CDC Microfinance Pvt. Ltd.
9 Chemmanur Credits and Investments Ltd.
10 DORA Trust
11 Duttapukur Institute for Social Advancement
12 Hanuman Van Vikas Samiti
13 Indur Intideepam Macs Federation Ltd.
14 Integrated Development Centre (IDC)
15 Jagriti
16 Jamalpur Panchyajanya Gram Vikash Samity
17 Jan Sewa Parishad
18 Kanyakumari District Fishermen Sangam Federation
19 Khandagiri Madhyamika Mahila Samabaya Sangha
20 L &T Finance Ltd.
21 Matashree Gomati Devi Jan Seva Nidhi (MSGD)
22 Micromax Charitable Trust
23 Millap
24 Namathu Deepam Micro Finance Services
25 OAZOANE The Society For Development
Human Abilities and Environment
26 Omalur Block Women Welfare Uplift
Organization (OBWWUO)
27 Organisation for Rural Improvement
28 People's Forum
29 Prasad Foundation
30 Prayas Juvenile Aid Centre
31 Sahayog Microfinance Ltd.
32 Samarthan Weakling Development
33 Sreema Mahila Samity
34 SURAJE (Societal Upliftment and Rural Action
for Job and Empowerment)
35 Surbhi Women Multipurpose Cooperative

242 Directory of Microfinance Institutions (MFIs) in India


Annexure
36 Swathi Jyoti Mahila Vividodhesha Souharda
Shakari Niyamita
37 WSDS-Institute of Innovative Technology
Transfer & Environment
38 Yashwardhini Gramin Mahila Swayamsiddha Sangha
39 Yashwardhini Gramin Mahila Swayamsiddha Sangha
40 YVU Microfin
(B)List of MFIs converted to BCs/merged
S.
No. Name of MFIs
1 Disha Microfin Pvt. Ltd.
2 Equitas Small Finance Bank
3 ESAF Small Finance Bank
4 Future Financial Services
5 Grama Vidiyal Microfinance Ltd.
6 Janalakshmi Financial Services Ltd.
7 Krishna Bhima Samruddhi Local Area Bank
8 RGVN (NE) Microfinance Ltd.
9 Suryoday Microfinance Pvt. Ltd.
10 Ujjivan Small Finance Bank
11 Utkarsh Small Finance Bank
(C)List of Newly added MFIs
S.
No. Name of MFIs
1 Adi Chitragupta Finance Ltd.
2 Ajagar Finance Pvt. Ltd.
3 AU Welfare Foundation
4 Aviral Finance Pvt. Ltd.
5 Bandipur Sopan Welfare Society
6 Capital Trust Microfinance Pvt. Ltd.
7 Ceejay Microfin Ltd.
8 Centrum Microcredit Pvt. Ltd.
9 Consortium for Social Care and Development (CONSO)
10 Gaddala Financial Services Pvt. Ltd.
11 Grameen Shakti Microfinace Services Pvt. Ltd.
12 Human Resource Development Organization
13 Inditrade Microfinance Ltd.
14 Janakalyan Consultancy & Services Pvt. Ltd.
15 Janashree Microfin Ltd.
16 Jigyasa Livelihood Promotions Micro
Finance Foundation

Directory of Microfinance Institutions (MFIs) in India 243


Annexure

17 Kamal Fincap Pvt. Ltd.


18 Kiara Microcredit Ltd.
19 KPB Fincare Pvt. Ltd.
20 Magalir Microfinance Pvt. Ltd.
21 Makkal Sakthi Sangamum (MSS) Trust
22 Max United Foundation
23 Motherteresa Amelioration Service Society (MASS)
24 Nageshwara Charitable Trust
25 Pratigya Mahila Samanvit Vikas Bachat
Avam Sakh Sahakari Sanstha Maryadit
26 Prayatna Microfinanace Ltd.
27 Pujan Investment & Finance Pvt. Ltd.
28 Rajasthan Shram Sarathi Association
29 Rudraaksh Microfinance Foundation
30 Saggraha Management Services Pvt. Ltd.
31 Sahayog Development Services
32 Satya Micro Capital Ltd.
33 Self Employment Voluntary Association (SEVA)
34 Sona Finance Pvt. Ltd.
35 South India Finvest Pvt. Ltd.
36 Surya Jyoti Leasing and Finance Ltd.
37 Suvidha Microfin
38 Svamaan Financial Services Pvt. Ltd.
39 The Leima Thrift & Credit Cooperative Society Ltd.
40 Usha Financial Services Pvt. Ltd.
41 Vanchinad Finance Pvt. Ltd.
42 Vaya Finserv Pvt. Ltd.
43 Vivardhana Microfinance Ltd.
44 Welfare Organisation for Multipurpose
MASS Awareness Network (WOMAN)
45 WWAGS MicroFin
(D) List of NBFC-MFIs Registered with RBI but
yet to start their MF Operations
S.
No. Name of MFIs
1 Avanti Microfinance Pvt. Ltd.
2 Magenta Finance Services Pvt. Ltd.
3 Shree Marikamba Micro Finance Pvt. Ltd.
4 Vizhuthugal Development Finance Pvt. Ltd.
5 Blue Horizon Investments Ltd.
6 Sarawadi Finance Pvt. Ltd.

244 Directory of Microfinance Institutions


(MFIs) in India

You might also like