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Disclaimer
This directory is an attempt to enumerate significant players (MFIs) in Indian
Market, through compilation of names of MFIs functioning under different
networks as well as through soliciting self-declaration from the organizations
concerned. The list may not be exhaustive but carries most of the organizations
having over 90 per cent market share in the country. This is the version II of the
directory and subsequen versions would be released as and when further
information is compiled from the dynamic MFI sector.
Contents
Page No
Preface 4
Definition 6
List of MFIs 9
Profile of MFIs 25
Preface
PREFACE
IMicrofinance sector in India has achieved incredible growth in terms of
both outreach and sustainability. Importantly, the policy makers and
regulators have increasingly recognized the microfinance sector as an
important element in expanding financial inclusion to the un-reached and
under reached segments of the population.
Government of India and the Reserve Bank of India have created conducive
policy framework for Microfinance Institutions (MFIs) to provide necessary
legitimacy and impetus to the sector. MFIs in general comply with the
regulations, take care of client protection issues, and adhere to the Industry
Code of Conduct. These factors go a long way in infusing confidence among
all the stakeholders. The Government of India has displayed a leap of faith in
the sector by setting up MUDRA for refinancing the microfinance sector.
Similarly RBI reemphasized its confidence in the sector by bringing forth the
SRO setup.
The purpose of this directory is to enumerate MFIs that provide microcredit
in the country. The necessity to the directory arose from the perceptible
dilemma of policy makers and the regulators on the breadth of supervisory
attention required for the sector in the event of all institutions being brought
under a regulatory framework. The directory is an attempt to provide list of
MFIs actively operating in the country so as to help the policy makers,
regulators and others to have a readymade inventory of MFIs.
In recent past we had come across many Illegal and fly-by-night
organizations being set up and operating across country by mimicking MFI
structures. These entities vitiate the atmosphere for the legally operating
institutions. This is leads to the creation of a bad image for microfinance
sector and causing problems for formal MFIs. This Directory would help to
ring fencing the formal MFIs from being mistakenly identified with such
dubious entities.
The particulars in the directory are mainly self-reported by the MFIs. The
particulars provided by non-members were cross verified from other
sources. A dedicated online tool was designed and widely circulated to call
for particulars from all MFIs in the country.
Similarly, adequate attempt has been made to compile together the
scattered lists of MFIs operating in the country as available with various
agencies like industry associations, small networks operating in different
states, lending agencies, etc. The directory team has written to different
agencies seeking to share MFI lists, posted the idea of the directory in Sa-
Dhan and other websites, and circulated the data-request among UNDP
Microfinance Solution Exchange members.
The directory carries the vital information such as name of MFI, contact
details, year of establishment, number and name of the states operating in,
products and services rendered, client outreach, managed portfolio, BC
portfolio and gross loan portfolio. By all means the directory would very well
P. Satish
Executive Director
May 2016
Definitions
Microfinance:
Micro Finance is the provision of thrift, credit, and other financial
services and products of very small amounts to the poor in rural, semi
urban or urban areas, for enabling them to raise their income levels and
improve living standards.
MFIs:
MFIs are those organizations, other than banks, providing
microfinancial services
Legal Form:
Incorporation of MFIs under different acts of the country determines the
legal form. The common legal forms include Society, Trust,
Cooperative, Section 25 Company, Non-Banking Finance Company
(NBFC).
Client Outreach:
It denotes the total number of active clients availing the services of an
MFI.
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
16 Asirvad Microfinance NBFC- TamilNadu Tier I 157
Pvt.Ltd. MFI
17 Asmita Institute for Society Maharash- Tier III 103
Development tra
18 Asmitha Microfin Ltd. NBFC-MFI Telangana Tier I 191
19 Asomi Finance Pvt. NBFC Assam Tier III 28
Ltd.
20 Bagaria Relief Society West Tier III 213
Welfare Ambulance Bengal
Society
21 Bagnan Co-operative Cooperati West Tier III 214
Credit Society ve Bengal
22 Bal Mahila Vikas Society Madhya Tier III 94
Samiti VAMA) Pradesh
23 Balajee Sewa Society Uttara- Tier III 208
Sansthan khand
24 Baradrone Social Society West Tier III 215
Welfare Institution Bengal
(BSWI)
25 Barasat Anweshan Society West Tier III 216
Bengal
26 Barasat Grameen Society West Tier III 217
Society Bengal
27 Barasat Sampark Society West Tier III 218
Bengal
28 Barasat Society of Society West Tier III 219
Self Employment for Bengal
Rural Inhabitants &
All Liberal
29 Barasat Unnayan Society West Tier III 220
Prostuti Bengal
30 Belghoria Janakalyan Society West Tier III 221
Samity Bengal
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
46 Center for Promoting Society Bihar Tier III 37
Sustainable
Livelihood
47 Centre for Society Bihar Tier III 38
Development
Orientation And
Training (CDOT)
48 Chaitanya India Fin NBFC-MFI Karnataka Tier II 68
Credit Pvt. Ltd.
49 Chanura Microfin Society Manipur Tier III 125
Manipur
50 Chemmanur Credits NBFC Kerala Tier III 85
and Investments Ltd.
51 Dakshin Budhakhali Society West Tier III 225
Improvement Society Bengal
(DBIS)
52 Darabar Sahitya Society Odisha Tier III 135
Sansad
53 Deshabandhu Club Section 8 Assam Tier III 29
Company
54 Destiny Finco Pvt. NBFC West Tier III 226
Ltd. Bengal
55 Dhosa Chandaneswar Society West Tier II 227
Bratyajana Samity Bengal
(DCBS)
56 Digamber Capfin Ltd. NBFC-MFI Rajasthan Itier II 150
57 Disha India Micro Sec 8 Uttar Tier III 201
Credit Company Pradesh
58 Disha Microfin Pvt NBFC-MFI Gujarat Tier II 50
Ltd.
59 dMatrix Development Sec 8 Maharash- Tier III 104
Foundation Company tra
60 DORA Trust Trust Kerala Tier II 86
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
74 Grameen NBFC-MFI Assam Tier III 30
Development &
Finance Private
Limited
75 Grameen Koota NBFC -MFI Karnataka Tier I 69
Financial Services
Private Limited
76 Grameen Mahila Society Maharash- Tier III 106
Swayamsiddha tra
Sangha
77 Gramin Micro Credit Section 8 New Delhi Tier III 45
Foundation Company
78 Gramotthan Micro Sec 8 Uttar Tier III 203
Finance Company Company Pradesh
79 Growing Opportunity NBFC-MFI TamilNadu Tier II 168
Finance (India) Pvt.
Ltd.
80 Hand in Hand IndiaTrust TamilNadu Tier II 169
81 Hanuman Van Vikas Society Rajasthan Tier III 151
Samiti
82 Helping Nation Society Haryana Tier III 59
83 Hindusthan NBFC-MFI Maharash- Tier III 107
Microfinance Pvt.Ltd. tra
84 Humana People to Section 8 New Delhi Tier III 46
People India Company
85 IDF Financial Services NBFC-MFI Karnataka Tier II 70
Pvt. Ltd.
86 Indur Intideepam Coopera- Telangana Tier III 193
Macs Federation Ltd. tive
87 Innovative Sec 8 TamilNadu Tier III 170
Microfinance for Company
Poverty Alleviation
and Community
Transformation
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
101 Krishna Bhima Local Telangana Tier II 194
Samruddhi Local Area Bank
Area Bank
102 L&T Finance Limited NBFC-MFI Maharash- Tier I 110
tra
103 Life Foundation Trust Kerala Tier III 91
104 Light Microfinance NBFC-MFI Gujarat Tier II 51
Pvt.Ltd.
105 Lok Biradari Trust Trust Madhya Tier III 95
Pradesh
106 M Power Micro NBFC-MFI Maharash- Tier II 111
Finance Pvt. Ltd. tra
107 Madura Micro NBFC-MFI TamilNadu Tier I 172
Finance Ltd.
108 Magilchi Foundation Trust TamilNadu Tier III 173
109 Mahasemam Trust Trust TamilNadu Tier II 174
110 Mahashakti Trust Odisha Tier III 139
Foundation
111 Margdarshak NBFC-MFI Uttar Tier II 204
Financial Services Ltd Pradesh
112 Mass Care Society Bihar Tier III 39
International
113 Matashree Gomati Trust Rajasthan Tier III 152
Devi Jan Seva Nidhi
(MSGD)
114 Micro Enterprise and Sec 8 Jharkhand Tier III 63
Sustainable Project Company
(MESP)
115 Micromax Charitable Trust West Tier III 233
Trust Bengal
116 Midland Microfin Ltd. NBFC -MFI Punjab Tier II 148
117 Millap Society Karnataka Tier II 72
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
131 OAZOANE The Society TamilNadu Tier III 178
Society For
Development Human
Abilities and
Environment
132 Omalur Block Women Society TamilNadu Tier III 179
Welfare Uplift
Organization
(OBWWUO)
133 Opportunity NBFC Karnataka Tier III 76
Microfinance India
Ltd.
134 Organisation for Society Odisha Tier III 140
Development of
Integrated Social and
Health Action
(ODISHA)
135 Organisation for Rural Society Manipur Tier III 127
Improvement
136 Pahal Financial NBFC-MFI Gujarat Tier II 53
Services Pvt. Ltd.
137 Parama Mohila Society West Tier III 234
Samittee Bengal
138 People's Action For Trust TamilNadu Tier III 180
Transformation (PAT)
139 People's Forum Society Odisha Tier II 141
140 Planned Social Sec 8 Rajasthan Tier III 153
Concern Company
141 Pragathi Seva Society Telangana Tier III 195
Samithi
142 Prakruthi Foundation Trust Karnataka Tier III 77
143 Prasad Foundation Trust Odisha Tier III 142
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
158 Sahara Gramin Trust Maharash- Tier III 113
Mahila tra
Swayamsiddha Sangh
159 Sahara Utsarga Society West Tier II 236
Welfare Society Bengal
160 Sahayog NBFC-MFI Madhya Tier III 96
Microfinance Ltd. Pradesh
161 Saija Finance Pvt. Ltd NBFC-MFI Bihar Tier II 40
162 Sakhi Samudaya Sec 8 Maharash- Tier III 114
Kosh Company tra
163 Samarthan Weakling Sec 8 Jharkhand Tier III 65
Development Company
164 Samasta NBFC-MFI Karnataka Tier III 79
Microfinance Ltd.
165 Sambandh Finserve NBFC-MFI Odisha Tier II 143
Pvt. Ltd.
166 Samhita Community Sec 8 Madhya Tier II 97
Development Company Pradesh
Services
167 Sampada Sec 8 Maharash- Tier III 115
Entrepreneurship & Company tra
Livelihoods
Foundation
168 Sampurna Training Sec 8 West Tier III 237
and Entrepreneurship Company Bengal
Programme
169 Samruddhi Welfare Sec 8 Maharash- Tier III 116
Development Company tra
Foundation
170 Sanghamithra Rural Sec 8 Karnataka Tier II 80
Financial Services Company
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
184 Social Action for Society Odisha Tier III 144
Rural Community
(SARC)
185 Society for Human Society TamilNadu Tier III 187
Equality , People
Health, Education and
Rural Development
(SHEPHERD)
186 Society for Model Society West Tier III 241
Gram Bikash Kendra Bengal
187 Society for Social Society TamilNadu Tier III 188
Development
188 Sonata Finance Pvt. NBFC-MFI Uttar Tier I 206
Ltd. Pradesh
189 Spandana Sphoorty NBFC-MFI Telangana Tier I 198
Financial Ltd.
190 Sreema Mahila Society West Tier III 242
Samity Bengal
191 Sripur Swami Society West Tier III 243
Vivekananda Welfare Bengal
Society
192 Stree Shakti Gramin Society Maharash- Tier III 118
Mahila tra
Swayamsiddha Sangh
193 SURAJE ( Societal Society Bihar Tier III 41
Upliftment and Rural
Action for Job and
Empowerment)
194 Surbhi Women Coopera- Rajasthan Tier III 155
Multipurpose tive
Cooperative
195 Suryoday NBFC-MFI Maharash- Tier I 119
Microfinance Pvt. tra
Ltd.
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
109 Utkarsh Micro NBFC-MFI Uttar Tier I 207
Finance Pvt. Ltd. Pradesh
110 Uttrayan Financial NBFC-MFI West Tier II 245
Services Pvt. Ltd. Bengal
211 Valar Aditi Social NBFC Maharash- Tier III 123
Finance Pvt. Ltd. tra
212 Varam Capital Pvt. NBFC-MFI TamilNadu Tier III 189
Ltd
213 Vedika Credit Capital NBFC-MFI Jharkhand Tier II 66
Ltd
214 Village Financial NBFC-MFI West Tier II 246
Services Pvt. Ltd. Bengal
215 Virutcham NBFC-MFI TamilNadu Tier III 190
Microfinance Ltd.
216 Vivekananda Society West Tier II 247
Sevakendra O Sishu Bengal
Uddyan
217 Volunteers For Society Manipur Tier III 128
Village Development
218 Welfare Services Society Kerala Tier III 92
Ernakulam
219 WSDS-Institute of Society Manipur Tier III 129
Innovativ Technology
Transfer &
Environment
220 Yashwardhini Gramin Society Maharash- Tier III 124
Mahila tra
Swayamsiddha
Sangha
221 Yukti Samaj Sewa Society Madhya Tier III 99
Society Pradesh
222 YVU Financia NBFC-MFI Manipur Tier III 130
Services Pvt. Ltd.
223 YVU Microfin Trust Manipur Tier III 131
Branch(es)
No. of Staff 952
Products & Micro Credit
Services
Offered
Client Outreach 4.14
(in Lakh)*
Net Loan 513.89
Portfolio (Rs in
Crore)*
Managed/Secur 167.31
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 681.20
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 5
Branch(es)
No. of Staff 108
Products & Micro Credit, Micro Insurance, Health &
Services Sanitation, Education
Offered
Client Outreach 0.40
(in Lakh)*
Net Loan 81.46
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 81.46
Portfolio (Rs in
Crore)*
* as of December 2015
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Assam
Operating
State(s)
No. of 3
TIER III MFI
Branch(es)
No. of Staff 25
Products & Micro Credit
Services
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 5.31
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.31
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 35
Branch(es)
No. of Staff 231
Products & Micro credit
Services
Offered
Client Outreach 0.50
(in Lakh)*
Net Loan 10.46
Portfolio (Rs in
Crore)*
Managed/Secur 52.07
itized Portfolio
(Rs in Crore)*
Out of Managed 52.07
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 62.53
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 3
Products & Micro Credit
Services
Offered
Client Outreach 0.001
(in Lakh)*
Net Loan 0.08
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.08
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 94
Products & Micro Credit, Micro Insurance,
Services Capacity Building
Offered
Client Outreach 0.141
(in Lakh)*
Net Loan 5.94
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 15.94
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 16
Branch(es)
No. of Staff 72
Products & Micro Credit - Income Generation Loan
Services
Offered
Client Outreach 0.25
(in Lakh)*
Net Loan 24.48
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 24.48
Portfolio (Rs in
* as of December 2015
No. of 7
Branch(es)
No. of Staff 31
Products & Micro Credit, Thrift & Microsaving,
Services Micro Insurance
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 2.34
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.34
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 124
Branch(es)
No. of Staff 601
Products & Solitary Group & Indiavidual Loan
Services
Offered
Client Outreach 2.67
(in Lakh)*
Net Loan 356.62
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 356.62
Portfolio (Rs in
* as of December 2015
Branch(es)
No. of Staff 14
Products & Micro Credit, Micro Insurance,
Services Capacity Building & Training
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 1.93
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.93
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 137
Products & Micro Credit
Services
Offered
Client Outreach 0.46
(in Lakh)*
Net Loan 39.51
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 39.51
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 2
Products & Micro Credit, Business Correspondent
Services
Offered
Client Outreach 0.001
(in Lakh)*
Net Loan 0.06
Portfolio (Rs in
Crore)*
Managed/Secur 0.01
itized Portfolio
(Rs in Crore)*
Out of Managed 0.01
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.07
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 10
Branch(es)
No. of Staff 62
Products & Micro Credit
Services
Offered
Client Outreach 0.19
(in Lakh)*
Net Loan 1.51
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.51
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 57
Products & Micro Credit, Micro Insurance, Health &
Services Sanitation, Pension, Business
Offered Correspondent
Client Outreach 0.10
(in Lakh)*
Net Loan 4.85
Portfolio (Rs in
Crore)*
Managed/Secur 1.03
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.88
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 10
Products & Micro Credit, Micro Insurance, Health &
Services Sanitation , Education, Community
Offered Development,etc.
Client Outreach 0.01
(in Lakh)*
Net Loan 0.54
Portfolio (Rs in
Crore)*
Managed/Secur 0.55
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.94
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 466
Products & Micro Credit, Micro Pension
Services
Offered
Client Outreach 1.46
(in Lakh)*
Net Loan 143.42
Portfolio (Rs in
Crore)*
Managed/Secur 31.83
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 175.24
Portfolio (Rs in
Crore)*
* as of December 2015
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Bihar
Operating
State(s)
No. of 1
TIER III MFI
Branch(es)
No. of Staff 2
Products & Micro Credit , Micro Insurance
Services
Offered
Client Outreach 0.0001
(in Lakh)*
Net Loan 0.21
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.21
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 108
Products & Micro credit
Services
Offered
Client Outreach 0.4
(in Lakh)*
Net Loan 10
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 10
Portfolio (Rs in
Crore)*
* as of December 2015
Delhi
Organization
Legal Form NBFC-MFI
State Head New 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 - 110063, New Delhi,
Ph: 7702201032
E-mail: afs@alturafinancials.com,
finance@alturafinancials.com
Year of 2014
Establishment
Operating in 2
No. of State(s)
Name of the Haryana, Chhattisgarh
Operating
State(s)
TIER III MFI
No. of 14
Branch(es)
No. of Staff 42
Products & Micro Credit
Services
Offered
Client Outreach 0.12
(in Lakh)*
Net Loan 21.24
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 21.24
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 43
Delhi
Branch(es)
No. of Staff 1168
Products & Micro Credit
Services
Offered
Client Outreach 3.84
(in Lakh)*
Net Loan 544.08
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 544.08
Portfolio (Rs in
Crore)*
* as of December 2015
Delhi
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head New Delhi
Quarter
Head of the Mr. Kumar Neelendu
Institution & 2nd Floor, D50/D, Chhatarpur Enclave,
Contact Details New Delhi-74, Ph: 9971797375
E-mail: kumar.n@gmcf.in,
info@gmcf.in
Year of 2015
Establishment
Operating in 3
No. of State(s)
Name of the Delhi, Uttarakhand, Uttar Pradesh
Operating
State(s)
No. of 5
TIER III MFI
Branch(es)
No. of Staff 20
Products & Micro Credit
Services
Offered
Client Outreach 0.003
(in Lakh)*
Net Loan 0.30
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.30
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 45
Name of the Humana People to People India
Delhi
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head New Delhi
Quarter
Head of the Mr. Snorre Westgaard,
Institution & 111/9-Z, Kishangarh, Vasant, Aruna
Contact Details Asaf Ali Marg, New Delhi - 110070
Ph: 011-65137806,32947734
E-mail:sudhanshu.humana@gmail.com,
ramesh.humanaindia@gmail.com,
snehashish.humana@gmail.com
Year of 2007
Establishment
Operating in 5
No. of State(s)
Name of the Rajasthan, Haryana, Uttar Pradesh,
Operating Uttarakhand, Jharkhand
TIER III MFI
State(s)
No. of 36
Branch(es)
No. of Staff 285
Products & Income generating loans, Credit linked
Services insurance
Offered
Client Outreach 0.34
(in Lakh)*
Net Loan 8.13
Portfolio (Rs in
Crore)*
Managed/Secur 30.40
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 38.53
Portfolio (Rs in
Crore)*
* as of December 2015
46 Directory of Micofinance Institutions (MFIs) in India
Name of the Prayas Juvenile Aid Centre
Delhi
Organization
Legal Form Society
State Head New Delhi
Quarter
Head of the Mr. Amod K. Kanth
Institution & EE - Block, Jahangirpuri , Delhi -
Contact Details 110033, Near New Police Station
Ph: 011-27633200,
E-mail: prayas_mf@rediffmail.com
Year of 2007
Establishment
Operating in 2
No. of State(s)
Name of the Delhi, Bihar
Operating
State(s)
No. of 7
Branch(es)
TIER III MFI
No. of Staff 9
Products & Micro Credit, Business Correspondent
Services (Saving), SHG Bank Linkage
Offered Programme
Client Outreach 0.09
(in Lakh)*
Net Loan 0.53
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.53
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 47
Name of the Satin Creditcare Network Ltd.
Delhi
Organization
Legal Form NBFC-MFI
State Head New Delhi
Quarter
Head of the Mr. H P Singh,
Institution & 909-914 ABC, 9th Floor, Kanchenjunga
Contact Details Building, 18, Barakhamba Road,
New Delhi - 110001, Ph: 011-47545000
E-mail : hpsingh@satincreditcare.com
Year of 1990
Establishment
Operating in 16
No. of State(s)
Name of the Uttar Pradesh, Uttra Khand, Haryana,
Operating Punjab, Delhi, Chandigarh, Rajasthan,
State(s) Madhya Pradesh, Bihar, Maharashtra,
Jammu & Kashmir, Chhattisgarh,
Jharkhand, Himachal Pradesh, West
Bengal, Gujarat
TIER I MFI
No. of 364
Branch(es)
No. of Staff 3419
Products & Micro Credit - Income Generation
Services Loans
Offered
Client Outreach 16.91
(in Lakh)*
Net Loan 1980.91
Portfolio (Rs in
Crore)*
Managed/Secur 557.52
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2538.43
Portfolio (Rs in
Crore)*
* as of December 2015
Delhi
Organization
Legal Form NBFC-MFI
State Head New Delhi
Quarter
Head of the Mr. Satyavir Chakrapani
Institution & A-113, 2nd Floor, Palam Extn., Sector-
Contact Details 7, Dwarka, New Delhi- 110077
Ph: 011-28082353, 011-45502806
E-mail: ho.shikhar@shikharfin.com,
satya.chakrapani@shikharfin.com
Year of 2007
Establishment
Operating in 4
No. of State(s)
Name of the Delhi, Haryana, Uttar Pradesh,
Operating Uttrakhand
State(s)
No. of 201
TIER III MFI
Branch(es)
No. of Staff 38
Products & Income Generating Loans
Services
Offered
Client Outreach 0.37
(in Lakh)*
Net Loan 37.43
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 37.43
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 49
Gujarat
* as of December 2015
Branch(es)
No. of Staff 315
Products & Micro Credit
Services
Offered
Client Outreach 0.60
(in Lakh)*
Net Loan 68.80
Portfolio (Rs in
Crore)*
Managed/Secur 39.34
itized Portfolio
(Rs in Crore)*
Out of Managed 5.10
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 108.14
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 51
Gujarat
* as of December 2015
Branch(es)
No. of Staff 268
Products & Micro Credit
Services
Offered
Client Outreach 0.83
(in Lakh)*
Net Loan 93.41
Portfolio (Rs in
Crore)*
Managed/Secur 8.17
itized Portfolio
(Rs in Crore)*
Out of Managed 5.86
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 101.58
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 53
Gujarat
No. of Staff 30
Products & Micro Credit, Insurance, Health &
Services Sanitation
Offered
Client Outreach 0.20
(in Lakh)*
Net Loan 11.42
Portfolio (Rs in
Crore)*
Managed/Secur 5.38
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 16.80
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 55
Gujarat
No. of Staff 7
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.12
(in Lakh)*
Net Loan 5.47
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.47
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 7
Branch(es)
No. of Staff 39
Products & Micro Credit
Services
Offered
Client Outreach 0.09
(in Lakh)*
Net Loan 10.36
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 10.36
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 57
Gujarat
No. of Staff 95
Products & Micro Credit, Thrift & Microsaving,
Services Micro Insurance
Offered
Client Outreach 0.20
(in Lakh)*
Net Loan 1.08
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.08
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 7
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 0.25
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.25
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 59
Haryana
No. of Staff 14
Products & Micro Credit
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 0.18
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.18
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 1874
Products & Income Generation Loan, Business
Services Correspondent
Offered
Client Outreach 5.62
(in Lakh)*
Net Loan 424.98
Portfolio (Rs in
Crore)*
Managed/Secur 61.00
itized Portfolio
(Rs in Crore)*
Out of Managed 61.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 485.98
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 61
Jharkhand
No. of Staff 5
Products & Micro Credit, Capacity Building
Services Training
Offered
Client Outreach 0.003
(in Lakh)*
Net Loan 1.00
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.00
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 10
Products & Micro Credit, Micro Insurance and
Services Micro Pension
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.6
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.6
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 63
Jharkhand
No. of Staff 54
Products & Micro Credit
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 8.69
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8.69
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 4
Products & Micro Credit, Micro Insurance (Non-
Services Health)
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.36
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.36
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 65
Jharkhand
* as of December 2015
No. of 71
Branch(es)
No. of Staff 618
Products & Micro Credit, Health & Sanitation
Services
Offered
Client Outreach 1.85
(in Lakh)*
Net Loan 378.36
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 378.36
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 67
Karnataka
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 69
Karnataka
Branch(es)
No. of Staff 181
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.50
(in Lakh)*
Net Loan 69.38
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 69.38
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 338
Branch(es)
No. of Staff 7978
Products & Micro Credit, Education Loan,
Services Housing & Energy, Micro Pension, Life
Offered Insurance
Client Outreach 38.28
(in Lakh)*
Net Loan 7333.95
Portfolio (Rs in
Crore)*
Managed/Secur 753.22
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8087.17
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 71
Karnataka
No. of 2
Branch(es)
No. of Staff 45
Products & Micro Credit, Housing & Energy Health
Services & Sanitation, Education, Capacity
Offered Building & Training
Client Outreach 0.96
(in Lakh)*
Net Loan 63.34
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 63.34
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 73
Karnataka
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 75
Karnataka
No. of Staff 21
Products & Micro Credit, Livelihood Promotion,
Services Housing & Energy Health and
Offered Sanitation, Education, Capacity
Building & Training
Client Outreach 0.09
(in Lakh)*
Net Loan 5.13
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.13
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 12
Products & Micro Credit
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 2.16
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.16
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 77
Karnataka
No. of Staff 10
Products & Micro Credit
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 7.84
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.84
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 79
Karnataka
Branch(es)
No. of Staff 206
Products & General Loan, Housing Loan, Water &
Services Sanitation Loan
Offered
Client Outreach 1.55
(in Lakh)*
Net Loan 149.90
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 149.90
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 81
Karnataka
Branch(es)
No. of Staff 13
Products & Micro Credit , Thrift & Microsaving,
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 1.08
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.08
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 469
Branch(es)
No. of Staff 7786
Products & Micro Credit, Education, Housing &
Services Energy, Micro Insurance, Micro
Offered Pension, Remittance, Other Credit plus
activities
Client Outreach 25.97
(in Lakh)*
Net Loan 4088
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 4088
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 83
Kerala
No. of 42
Branch(es)
No. of Staff 95
Products & Micro Credit
Services
Offered
Client Outreach 0.36
(in Lakh)*
Net Loan 19.44
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 19.44
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 85
Kerala
No. of 40
Branch(es)
No. of Staff 358
Products & Micro Credit
Services
Offered
Client Outreach 1.00
(in Lakh)*
Net Loan 79.87
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 79.87
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 2975
Products & Micro Credit, Housing loan, Mobile
Services loan, Renewable energy loan, Water &
Offered Sanitation
Client Outreach 8.51
(in Lakh)*
Net Loan 1276.86
Portfolio (Rs in
Crore)*
Managed/Secur 218.22
itized Portfolio
(Rs in Crore)*
Out of Managed 84.55
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1495.07
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 87
Kerala
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 89
Kerala
Branch(es)
No. of Staff 20
Products & Micro Credit
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 5.32
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.32
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 25
Products & Micro-credit, Livelihood Promotion,
Services Healthcare Programs
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 3.00
Portfolio (Rs in
Crore)*
Managed/Secur 2.00
itized Portfolio
(Rs in Crore)*
Out of Managed 2.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.00
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 91
Kerala
Branch(es)
No. of Staff 38
Products & Micro Credit, Micro Insurance, Gender
Services Empowerment, Financial Literacy, Skill
Offered up- gradation,
Client Outreach 0.45
(in Lakh)*
Net Loan 39.39
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 39.39
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 8
Products & Micro Credit, Health & Sanitation,
Services Micro insurance (Non-Health)
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 1.00
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.00
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 93
Madhya Pradesh
Branch(es)
No. of Staff 19
Products & Micro credit, Health & Sanitation
Services
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 2.14
Portfolio (Rs in
Crore)*
Managed/Secur 0.96
itized Portfolio
(Rs in Crore)*
Out of Managed 0.96
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 3.10
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 95
Madhya Pradesh
Branch(es)
No. of Staff 414
Products & Microfinance
Services
Offered
Client Outreach 0.44
(in Lakh)*
Net Loan 49.48
Portfolio (Rs in
Crore)*
Managed/Secur
itized Portfolio
(Rs in Crore)*
Out of Managed
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 49.48
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 457
Products & Micro Credit, Pension, Financial
Services Literacy and Legal Rights Awareness
Offered Program
Client Outreach 1.17
(in Lakh)*
Net Loan 19.69
Portfolio (Rs in
Crore)*
Managed/Secur 91.13
itized Portfolio
(Rs in Crore)*
Out of Managed 91.13
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 110.82
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 97
Madhya Pradesh
No. of Staff 30
Products & Micro Credit & Microsaving,
Services
Offered
Client Outreach 0.14
(in Lakh)*
Net Loan 7.52
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.52
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance 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 & Plot No. 240, CID CO N-3 , Near Ganesh
Contact Details Mandir, Aurangbad - 431003,
Maharashtra, Ph: 0240 2487199,
9823933333
E-mail: anikfin@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Maharshtra
Operating
State(s)
No. of 5
Branch(es)
TIER III MFI
No. of Staff 61
Products & Financing Women SHGs (General
Services Purpose Loan Income Generation
Offered Activity based )
Client Outreach 0.26
(in Lakh)*
Net Loan 6.15
Portfolio (Rs in
Crore)*
Managed/Secur 1.41
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.56
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 101
Maharashtra
Branch(es)
No. of Staff 235
Products & Micro credit, Saving, Micro Pension,
Services Micro Insurance, Educational
Offered sponsorship, Day care Centers for
children in slums
Client Outreach .0.90
(in Lakh)*
Net Loan 63.90
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 63.90
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 103
Maharashtra
No. of 1
Branch(es)
No. of Staff 5
Products & Microcredit & Microinsurance,
Services Financial literacy training
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 1.65
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.65
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 12
Products & Micro Credit, Micro Insurance,Business
Services Correspondent
Offered
Client Outreach 0.001
(in Lakh)*
Net Loan 0.45
Portfolio (Rs in
Crore)*
Managed/Secur 0.20
itized Portfolio
(Rs in Crore)*
Out of Managed 0.20
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.65
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 105
Maharashtra
Branch(es)
No. of Staff 22
Products & Savings, Credit, Insurance
Services
Offered
Client Outreach 0.08
(in Lakh)*
Net Loan 5.99
Portfolio (Rs in
Crore)*
Managed/Secur 0.51
itized Portfolio
(Rs in Crore)*
Out of Managed 0.51
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 6.50
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 254
Products & Micro Credit
Services
Offered
Client Outreach 0.39
(in Lakh)*
Net Loan 24.86
Portfolio (Rs in
Crore)*
Managed/Secur 46.93
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 71.79
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 107
Maharashtra
Branch(es)
No. of Staff 36
Products & IGL, Dairy, Housing and Sanitation; LIC
Services and Health Insurance
Offered
Client Outreach 0.10
(in Lakh)*
Net Loan 5.64
Portfolio (Rs in
Crore)*
Managed/Secur 4.83
itized Portfolio
(Rs in Crore)*
Out of Managed 4.83
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 10.47
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 109
Maharashtra
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 111
Maharashtra
No. of 157
Branch(es)
No. of Staff 1059
Products & IGL loan, Dairy Loan, Solar Torch,
Services Water Purifier
Offered
Client Outreach 1.43
(in Lakh)*
Net Loan 294.00
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 294
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 113
Maharashtra
No. of 6
Branch(es)
No. of Staff 45
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 5.35
Portfolio (Rs in
Crore)*
Managed/Secur 5.03
itized Portfolio
(Rs in Crore)*
Out of Managed 5.03
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 10.38
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 37
Products & Micro Credit, Livelihood Promotion
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 9.22
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 9.22
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 115
Maharashtra
No. of 1
Branch(es)
No. of Staff 13
Products & Micro Credit
Services
Offered
Client Outreach 0.00
(in Lakh)*
Net Loan 0.30
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.30
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 11
Products & Saving, Credit, Insurance
Services
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 1.06
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.06
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 117
Maharashtra
Branch(es)
No. of Staff 6
Products & Savings, Credit, Insurance
Services
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 1.25
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.25
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 119
Maharashtra
Branch(es)
No. of Staff 362
Products & Micro credit
Services
Offered
Client Outreach 0.41
(in Lakh)*
Net Loan 59.51
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 59.91
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 121
Maharashtra
No. of 3
Branch(es)
No. of Staff 27
Products & Micro credit
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 7.94
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.94
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 56
Products & Micro credit
Services
Offered
Client Outreach 0.08
(in Lakh)*
Net Loan 7.42
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.42
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 123
Maharashtra
No. of 1
Branch(es)
No. of Staff 6
Products & Savings, Credit, Insurance
Services
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 0.90
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.90
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 40
Products & Micro Credit, Micro Insurance, Housing
Services & Energy
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 5.58
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.58
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 125
Manipur
No. of 114
Branch(es)
No. of Staff 550
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 1.40
(in Lakh)*
Net Loan 375.81
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 375.81
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 127
Manipur
No. of Staff 30
Products & Micro Credit, Micro Insurance, Bank
Services linkage & Solar Energy , Capacity
Offered Building
Client Outreach 0.09
(in Lakh)*
Net Loan 3.47
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 3.47
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 32
Products & Micro Credit, Housing & Energy
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 7.88
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.88
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 129
Manipur
No. of Staff 47
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 7.48
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.48
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 131
Odisha
Branch(es)
No. of Staff 73
Products & Income generation loan
Services
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 1.02
Portfolio (Rs in
Crore)*
Managed/Secur 3.15
itized Portfolio
(Rs in Crore)*
Out of Managed 3.15
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 4.17
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 133
Odisha
Branch(es)
No. of Staff 1434
Products & SHG Loan, Swasth, JLG, Business
Services Correspondent, MEL, PWD, Solar, HIL,
Offered Dairy
Client Outreach 5.21
(in Lakh)*
Net Loan 541.92
Portfolio (Rs in
Crore)*
Managed/Secur 133.00
itized Portfolio
(Rs in Crore)*
Out of Managed 46.51
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 674.91
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 135
Odisha
No. of 23
Branch(es)
No. of Staff 134
Products & Micro Credit, Micro Insurance to
Services Women SHG Members
Offered
Client Outreach 0.32
(in Lakh)*
Net Loan 3.67
Portfolio (Rs in
Crore)*
Managed/Secur 29.60
itized Portfolio
(Rs in Crore)*
Out of Managed 29.60
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 33.27
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 137
Odisha
No. of Staff 3
Products & Micro Credit, Thrift & Microsaving,
Services Livelihood Promotion, Housing &
Offered Energy, Health & Sanitation, Education,
Capacity building & training
Client Outreach 0.02
(in Lakh)*
Net Loan 1.00
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.00
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 155
Products & Micro Credit, Education, Housing &
Services Energy, Life Insurance, Micro Health &
Offered sanitation , Livelihood Promotation
Client Outreach 0.09
(in Lakh)*
Net Loan 9.82
Portfolio (Rs in
Crore)*
Managed/Secur 28.71
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 38.53
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 139
Odisha
Branch(es)
No. of Staff 347
Products & Micro Credit, Insurance, Business
Services Correspondent
Offered
Client Outreach 0.09
(in Lakh)*
Net Loan 2.45
Portfolio (Rs in
Crore)*
Managed/Secur 3.84
itized Portfolio
(Rs in Crore)*
Out of Managed 3.84
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 6.29
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 141
Odisha
No. of Staff 15
Products & Micro Credit
Services
Offered
Client Outreach 0.003
(in Lakh)*
Net Loan 0.90
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.90
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 143
Odisha
No. of Staff 40
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.24
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.24
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 61
Products & Micro Credit, Thrift & Microsaving,
Services Insurance, Pension
Offered
Client Outreach 0.19
(in Lakh)*
Net Loan 25.14
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 25.14
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 147
Punjab
Branch(es)
No. of Staff 283
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 1.53
(in Lakh)*
Net Loan 115.23
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 115.23
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 149
Rajasthan
Branch(es)
No. of Staff 283
Products & Microfinance Income Genarating
Services Loans
Offered
Client Outreach 0.59
(in Lakh)*
Net Loan 65.34
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 65.34
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 151
Rajasthan
No. of Staff 33
Products & Micro Credit, Livelihood Promotion
Services
Offered
Client Outreach 0.00
(in Lakh)*
Net Loan 40.54
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.54
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 32
Products & Micro Credit and Livlihood Promotion
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 6.36
Portfolio (Rs in
Crore)*
Managed/Secur 1.29
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.65
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 153
Rajasthan
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 155
Tamil Nadu
Name of the Asirvad Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. R. Govindarajan
Institution & 1st Floor, Lemuir Building, 10 GN
Contact Details Chetty Road, T.Nagar, Chennai -
600017, Ph: 044-42124493
E-mail: info@asirvad.org,
govindarajan.r@asirvad.org
Year of 2008
Establishment
Operating in 11
No. of State(s)
Name of the Tamil Nadu, Kerala, Puducherry,
Operating Karnataka, Madhya Pradesh,
State(s) Chattisgarh, Haryana, Punjab,
Chandigarh, Uttar Pradesh, Jharkhand
No. of 271
TIER I MFI
Branch(es)
No. of Staff 1494
Products & Micro Credit, Livelihood Promotion,
Services
Offered
Client Outreach 4.63
(in Lakh)*
Net Loan 633.85
Portfolio (Rs in
Crore)*
Managed/Secur 63.88
itized Portfolio
(Rs in Crore)*
Out of Managed 7.50
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 697.73
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 157
Tamil Nadu
* as of December 2015
No. of Staff 39
Products & Microfinance loans for income
Services generating activities, animal
Offered husbandry, water & sanitation, Micro
Enterprise, housing etc.
Client Outreach 0.15
(in Lakh)*
Net Loan 13.19
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 13.19
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 159
Tamil Nadu
No. of Staff 55
Products & Microfinance, Micro Pensions, Nregp
Services Payment, Oap Pensions, Education,
Offered Trainings
Client Outreach 0.04
(in Lakh)*
Net Loan 1.06
Portfolio (Rs in
Crore)*
Managed/Secur 5.81
itized Portfolio
(Rs in Crore)*
Out of Managed 5.81
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 6.87
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 161
Tamil Nadu
Branch(es)
No. of Staff 31
Products & National Pension Scheme (NPS), Atal
Services Pension Yojana ( APY), Micro
Offered Insurance, Bajaj allianz Insurance
Client Outreach 0.18
(in Lakh)*
Net Loan 9.39
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 9.39
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 163
Tamil Nadu
* as of December 2015
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 165
Tamil Nadu
Branch(es)
No. of Staff 53
Products & Micro Credit, Micro Insurance,
Services Business Correspondent, Education,
Offered Energy, Agriculture and allied activities,
Client Outreach 0.31
(in Lakh)*
Net Loan 4.11
Portfolio (Rs in
Crore)*
Managed/Secur 32.43
itized Portfolio
(Rs in Crore)*
Out of Managed 32.43
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 36.54
Portfolio (Rs in
Crore)*
* as of December 2015
166 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Gramalaya Urban And Rural
Organization Development Initiatives And Network
(GUARDIAN)
Legal Form Section 8 Company (previously Section
25 Company)
State Head Tamil Nadu
Quarter
Head of the Mr. D. Paul Sathianathan
Institution & No.7/1, Star Avenue, Behind Taj
Contact Details Marriage Hall, Karur By Pass Road,
Trichy - 620 002, Ph: 9345678556
E-mail: senthil_0909@rediffmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
TIER II MFI
No. of 8
Branch(es)
No. of Staff 27
Products & Micro Credit
Services
Offered
Client Outreach 0.88
(in Lakh)*
Net Loan 18
Portfolio (Rs in
Crore)*
Managed/Secur 0.06
itized Portfolio
(Rs in Crore)*
Out of Managed 0.06
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 18.06
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
168 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Hand in Hand India
Organization
Legal Form Trust
State Head Tamil Nadu
Quarter
Head of the Dr. Kalpana Sankar
Institution & 90/A, Nasarethpet Village, (Opp.
Contact Details Pachayappa's Men's Colege), Little
Kancheepuram - 631 503,
Ph: 91 44 - 6720 1000, 9244865356,
E-mail: jeyaseelan.n@hihindia.org
Year of 2004
Establishment
Operating in 6
No. of State(s)
Name of the Tamil Nadu, Karnataka, Madhya
Operating Pradesh, Odisha, Maharastra,
State(s) Rajasthan
No. of 72
TIER II MFI
Branch(es)
No. of Staff 363
Products & Micro Credit, Livelihood Promotion,
Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building & Training
Client Outreach 0.66
(in Lakh)*
Net Loan 52.78
Portfolio (Rs in
Crore)*
Managed/Secur 3.35
itized Portfolio
(Rs in Crore)*
Out of Managed 3.35
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 56.13
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 57
Products & Loan Products- Asha Jyoti- 10,000,
Services Asha Vikas- 15,000, Asha Darshan-
Offered 25,000- 30,000 and Insurance
Client Outreach 0.15
(in Lakh)*
Net Loan 16.34
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 16.34
Portfolio (Rs in
Crore)*
* as of December 2015
170 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Kanyakumari District Fishermen
Organization Sangam Federation
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. Mariadhas
Institution & 16, Parker Street, Nagercoil - 629001,
Contact Details Tamil Nadu, Ph: 04652 233230,
235682,
E-mail: mariadhass@gmail.com
Year of 1984
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 57
Branch(es)
TIER III MFI
* as of December 2015
* as of December 2015
172 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
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 - 2, Tamil
Nadu, Ph: 677502885
E-mail :
Magilchifoundation@gmail.com
Year of 2012
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 1
TIER III MFI
Branch(es)
No. of Staff 4
Products & Loan Provide To Income Generating
Services Programme
Offered
Client Outreach 0.0
(in Lakh)*
Net Loan 0.92
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.92
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
174 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the MSM Microfinance Limited
Organization
Legal Form NBFC
State Head Tamil Nadu
Quarter
Head of the Mr. Muthukumar
Institution & B-27, Hudco Colony (Near PSG
Contact Details Hospital), Peelamedu, Coimbatore -
641 004, Tamil Nadu,
Ph: 0422-4518475
E-mail: db@msmmicrofinance.com,
muthukumar@hotmail.com
Year of 2010
Establishment
Operating in 3
No. of State(s)
Name of the Tamil Nadu, Gujarat, Madhya Pradesh
Operating
State(s)
TIER III MFI
No. of 12
Branch(es)
No. of Staff 98
Products & Micro Credit
Services
Offered
Client Outreach 0.27
(in Lakh)*
Net Loan 32.77
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 32.77
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 28
Products & Micro Credit, Micro Insurance and
Services Micro Pension
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 0.59
Portfolio (Rs in
Crore)*
Managed/Secur 0.50
itized Portfolio
(Rs in Crore)*
Out of Managed 0.50
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.09
Portfolio (Rs in
Crore)*
* as of December 2015
176 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Nanayasurabhi Development Financial
Organization Services (NDFS)
Legal Form Section 8 Company (previously Section
25 Company)
State Head Tamil Nadu
Quarter
Head of the Mr. Peterpalaniswami
Institution & Surabhiagam, No 15, Karunya Garden,
Contact Details 12th Cross, Renganagar Extn,
Uyyakodan Thirumalai,Vayalur Road,
Trichy - 620102,
Ph: 0413-2780648/2782220
E-mail : ndfs.india@gmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
TIER III MFI
No. of 7
Branch(es)
No. of Staff 20
Products & Micro Credit
Services
Offered
Client Outreach 0.15
(in Lakh)*
Net Loan 5.00
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.00
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 17
Products & Micro Credit
Services
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 1.67
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.67
Portfolio (Rs in
Crore)*
* as of December 2015
178 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Omalur Block Women Welfare Uplift
Organization Organization (OBWWUO)
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. P. Krishnamurthy
Institution & 11/9, Telephone Exchange Road, Post:
Contact Details Omalur, Dist: Salem, Tamil Nadu -
636455, Ph: 04290 222 333,
9443391538
E-mail: obwwuo@gmail.com,
obwwuo@sancharnet.in
Ph: 04290-222333
E-mail: obwwuo@gmail.com
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
TIER III MFI
No. of 1
Branch(es)
No. of Staff 6
Products & Micro credit
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 1.25
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.25
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
180 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Repco Micro Finance Ltd.
Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. R. Varadarajan
Institution & No.33, North Usman Road, T. Nagar,
Contact Details Chennai 600 017, Tamil Nadu
Ph: 044- 28344037, 08939657404
E-mail: acctsmsme@repcobank.co.in,
smsm@repcobank.co.in,
insp_msme@repcobank.co.in
Year of 2010
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 59
Branch(es)
TIER II MFI
* as of December 2015
No. of 2
Branch(es)
No. of Staff 5
Products & Micro Credit, Education, Micro
Services Insurance
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 2.57
Portfolio (Rs in
Crore)*
Managed/Secur 1.70
itized Portfolio
(Rs in Crore)*
Out of Managed 1.14
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 4.27
Portfolio (Rs in
Crore)*
* as of December 2015
182 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Rural Education Environment
Organization Development & Multipurpose
Awareness Society (REEDMAS)
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. K A. Ananthan
Institution & 121/2, Kalaramani, Modachur Post,
Contact Details Gobichettipalayam, Ph: 04285-228320,
04285-228376, 9842796519
E-mail: reedmas@yahoo.com
Year of 1998
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 3
Branch(es) TIER III MFI
No. of Staff 18
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 2.00
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.00
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
184 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Saadow
Organization
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, Tami Nadu -
624401, Ph: 9443078948
E-mail: saadows@gmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 2
Branch(es)
No. of Staff 11
TIER III MFI
* as of December 2015
* as of December 2015
186 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
Name of the Society for Human Equality , People
Organization 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 2003
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 4
Branch(es)
TIER III MFI
No. of Staff 13
Products & Micro Credit
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 4.8
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 4.8
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 36
Products & Mico finance for Income Generation,
Services Agriculture and allied, Housing ,
Offered Sanitation
Client Outreach 0.10
(in Lakh)*
Net Loan 3.25
Portfolio (Rs in
Crore)*
Managed/Secur 11.54
itized Portfolio
(Rs in Crore)*
Out of Managed 11.54
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 14.79
Portfolio (Rs in
Crore)*
* as of December 2015
188 Directory of Micofinance Institutions (MFIs) in India
Tamil Nadu
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 & Rashmi Towers, 2nd Floor, North Wing,
Contact Details No.1, -Nungambakkam, Chennai - 600
034, Tamil Nadu, Ph: 04465150015,
E-mail: contactus@varam.in
Year of 2011
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Chhattisgarh
Operating
State(s)
No. of 15
Branch(es)
TIER III MFI
* as of December 2015
Branch(es)
No. of Staff 17
Products & Micro Credit
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 8.07
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8.07
Portfolio (Rs in
Crore)*
* as of December 2015
190 Directory of Micofinance 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, N Block,
Contact Details Kakatiya Nagar Habsiguda, Hyderabad.
Telangana- 500007, Ph: 040 27174369,
32414369,44648222
E-mail: aml@asmithamicrofin.com
Year of 2002
Establishment
Operating in 13
No. of State(s)
Name of the Andhra Pradesh, Telangana, Bihar,
Operating Goa, Gujarat, Jharkhand, Karnataka,
State(s) Madhya Pradesh, Maharashtra, Orissa,
Rajasthan, Uttar Pradesh, West Bengal
TIER I MFI
No. of 383
Branch(es)
No. of Staff 1484
Products & Micro Credit
Services
Offered
Client Outreach 21.48
(in Lakh)*
Net Loan 854.72
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 854.72
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 560
Products & Micro Credit, Livelihood Promotion,
Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building & Training
Client Outreach 2.58
(in Lakh)*
Net Loan 180.46
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 180.46
Portfolio (Rs in
Crore)*
* as of December 2015
192 Directory of Micofinance Institutions (MFIs) in India
Telangana
Name of the Indur Intideepam Macs Federation Ltd.
Organization
Legal Form Macs or Cooperative
State Head Telangana
Quarter
Head of the Mr. R. Jagannath
Institution & 5-67, Village Dhramaram, Dichpalli
Contact Details Mandal, Nizamabad District,
Telangana -503230, Ph: 9010013408
E-mail : Indmacsfed@Gmail.Com
Year of 2002
Establishment
Operating in 1
No. of State(s)
Name of the Telangana
Operating
State(s)
No. of 19
Branch(es)
TIER III MFI
No. of Staff 75
Products & Micro Credit, Thrift & Microsaving,
Services Micro Insurance, Micro Pension
Offered
Client Outreach 0.35
(in Lakh)*
Net Loan 8.00
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8.00
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
194 Directory of Micofinance Institutions (MFIs) in India
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, Telangana -
506001, Ph: 0870 2550659
E-mail: info@pragathisevasamithi.org
Year of 1999
Establishment
Operating in 1
No. of State(s)
Name of the Telangana
Operating
State(s)
No. of 15
TIER III MFI
Branch(es)
No. of Staff 36
Products & Micro Credit, Health, Eduction &
Services Institution Building
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 0.82
Portfolio (Rs in
Crore)*
Managed/Secur 1.95
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.77
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 694
Branch(es)
No. of Staff 3136
Products & Micro Credit, Health & Sanitation,
Services Education, Capacity Building & Training
Offered
Client Outreach 37.91
(in Lakh)*
Net Loan 1561.31
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1561.31
Portfolio (Rs in
Crore)*
* as of December 2015
196 Directory of Micofinance Institutions (MFIs) in India
Telangana
Name of the SKS Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head Telangana
Quarter
Head of the M. R. Rao
Institution & My Home Tycoon, 3rd Floor above
Contact Details 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 17
No. of State(s)
Name of the Andhra Pradesh, Telangana,Bihar,
Operating Chattisgarh, Delhi, Haryana, Jharkhand,
State(s) Karnataka, Kerala, Madhya Pradesh,
Maharashtra, Odisha, Punjab,
Rajasthan, Uttar Pradesh, Uttaranchal,
West Bengal
TIER I MFI
No. of 1167
Branch(es)
No. of Staff 10191
Products & Micro Credit, Housing & Energy,
Services Insurance
Offered
Client Outreach 41.58
(in Lakh)*
Net Loan 5035.05
Portfolio (Rs in
Crore)*
Managed/Secur 1142.43
itized Portfolio
(Rs in Crore)*
Out of Managed 585.52
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 6177.48
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 525
Branch(es)
No. of Staff 2654
Products & Micro Credit and Micro Insurance
Services
Offered
Client Outreach 20.58
(in Lakh)*
Net Loan 2282.42
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2282.42
Portfolio (Rs in
Crore)*
* as of December 2015
198 Directory of Micofinance Institutions (MFIs) in India
Uttar Pradesh
Name of the Bharatiya Micro Credit
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Uttar Pradesh
Quarter
Head of the Mr. Vijay Pandey
Institution & B-1/7, Sector-1, Jankipuram Extension,
Contact Details Lucknow -226021 (UP)
Ph: 8795834401,
E-mail: bmclko@gmail.com
Year of 2008
Establishment
Operating in 6
No. of State(s)
Name of the Uttar Pradesh, Uttarakhand, Madhya
Operating Pradesh, Andman, Delhi, Maharastra
State(s)
No. of 54
TIER II MFI
Branch(es)
No. of Staff 291
Products & Income Generating Loan, Daily Loan,
Services Rickshaw Loan, Sewing Machine,
Offered Business Correspondent
Client Outreach 0.78
(in Lakh)*
Net Loan 57.75
Portfolio (Rs in
Crore)*
Managed/Secur 55.14
itized Portfolio
(Rs in Crore)*
Out of Managed 55.14
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 112.89
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 493
Branch(es)
No. of Staff 3491
Products & Micro Credit, BC, Livelihood Promotion,
Services Health & Sanitation, Education,
Offered Capacity building & Training
Client Outreach 8.56
(in Lakh)*
Net Loan 469.19
Portfolio (Rs in
Crore)*
Managed/Secur 394.53
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 863.73
Portfolio (Rs in
Crore)*
* as of December 2015
200 Directory of Micofinance Institutions (MFIs) in India
Uttar Pradesh
Name of the Disha India Micro Credit
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Uttar Pradesh
Quarter
Head of the Mr. K.N. Tiwari,
Institution & Moh.Mandir ji, Sultanpur-Chilkana,
Contact Details Saharanpur, Uttar Pradesh - 247231
Ph: 132-2696224, 2696424
E-mail: post@dishain.org,
kntiwari.disha.org@gmail.com
Year of 2006
Establishment
Operating in 2
No. of State(s)
Name of the Uttar Pradesh, Uttrakhand
Operating
State(s)
TIER III MFI
No. of 14
Branch(es)
No. of Staff 117
Products & Micro Credit, Livelihood Promotion,
Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building & Training
Client Outreach 0.39
(in Lakh)*
Net Loan 0.99
Portfolio (Rs in
Crore)*
Managed/Secur 40.00
itized Portfolio
(Rs in Crore)*
Out of Managed 40.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 40.99
Portfolio (Rs in
Crore)*
* as of December 2015
State(s)
No. of 8
Branch(es)
No. of Staff 27
Products & Income Generating Loan, Enterprises
Services Loan, Live Stock Loan
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 2.34
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.34
Portfolio (Rs in
Crore)*
* as of December 2015
202 Directory of Micofinance Institutions (MFIs) in India
Uttar Pradesh
Name of the Gramotthan Micro Finance Company
Organization
Legal Form Section 8 Company (previously Section
25 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,
Uttar Pradesh, Ph: 05564-242248,
9936715574
E-mail: gmfc.kushinagar@gmail.com
Year of 2013
Establishment
Operating in 1
No. of State(s)
Name of the Uttar Pradesh
Operating
State(s)
TIER III MFI
No. of 3
Branch(es)
No. of Staff 25
Products & Micro Credit
Services
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 2.77
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.77
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
204 Directory of Micofinance Institutions (MFIs) in India
Uttar Pradesh
Name of the Network of Entrepreneurship &
Organization Economic Development (NEED)
Legal Form Society
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 - 226 016, Uttar
Pradesh, Ph: 0522-2712671, 2712311,
9415020503
E-mail: need@indianeedlko.org,
need.lko@gmail.com
Year of 2005
Establishment
Operating in 2
No. of State(s)
Name of the Uttar Pradesh, Bihar
Operating
State(s)
TIER III MFI
No. of 16
Branch(es)
No. of Staff 85
Products & Joint Liability Group (JLG), Self Help
Services Group (SHG), Housing
Offered
Client Outreach 0.08
(in Lakh)*
Net Loan 8.04
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8.04
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 1937
Products & Micro Credit, Micro Insurance (Non-
Services Health), Remittance
Offered
Client Outreach 5.19
(in Lakh)*
Net Loan 668.35
Portfolio (Rs in
Crore)*
Managed/Secur 193.39
itized Portfolio
(Rs in Crore)*
Out of Managed 99.35
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 861.74
Portfolio (Rs in
Crore)*
* as of December 2015
206 Directory of Micofinance Institutions (MFIs) in India
Uttar Pradesh
Name of the Utkarsh Micro Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Uttar Pradesh
Quarter
Head of the Mr. Govind Singh
Institution & S-2/639-56, Varuna Vihar Colony, J.P
Contact Details Mehta Road , Cantt. Varanasi - 221002,
Uttar Pradesh, Ph.: 07080210728
E-mail:
communications@utkarshmfi.com
Year of 2009
Establishment
Operating in 10
No. of State(s)
Name of the Uttar Pradesh, Bihar, Madhya Pradesh,
Operating Delhi, Uttarakhand, Himachal Pradesh,
State(s) Haryana, Maharastra, Jharkhand,
Chhattisgarh
TIER I MFI
No. of 335
Branch(es)
No. of Staff 2618
Products & Micro Credit, Micro Pension, Micro
Services Insurance, Housing Loan
Offered
Client Outreach 8.76
(in Lakh)*
Net Loan 1006.57
Portfolio (Rs in
Crore)*
Managed/Secur 17.35
itized Portfolio
(Rs in Crore)*
Out of Managed 103.49
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1023.92
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 3
Branch(es)
No. of Staff 6
Products & Micro credit loan to JLG and SHGs
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.41
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.41
Portfolio (Rs in
* as of December 2015
208 Directory of Micofinance 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, P.S - Udaynarayanpur,
Contact Details Dist- Howrah, PIN- 711226, West
Bengal, Ph: 03214-257-755,
9733863346,
E-mail : agradut_org@yahoo.co.in
Year of 1984
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 5
TIER III MFI
Branch(es)
No. of Staff 52
Products & Loan Providing through S.H.G. Health,
Services Insurance
Offered
Client Outreach 0.11
(in Lakh)*
Net Loan 2.33
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.33
Portfolio (Rs in
Crore)*
* as of December 2015
4
Products & Micro credit
Services
Offered
Client Outreach 0.005
(in Lakh)*
Net Loan 2
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2
Portfolio (Rs in
Crore)*
* as of December 2015
210 Directory of Micofinance Institutions (MFIs) in India
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 - 700091, Ph: (033) 4015 6000,
E-mail: manoj.nambiar@arohan.in
Year of 2006
Establishment
Operating in 5
No. of State(s)
Name of the Assam, Bihar, Jharkhand, Odisha, West
Operating Bengal
State(s)
No. of 180
Branch(es)
TIER I MFI
* as of December 2015
Branch(es)
No. of Staff 483
Products & Micro Credit Loans
Services
Offered
Client Outreach 1.56
(in Lakh)*
Net Loan 101.78
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 101.78
Portfolio (Rs in
Crore)*
* as of December 2015
212 Directory of Micofinance Institutions (MFIs) in India
West Bengal
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, Dist South 24
Contact Details Parganas, West Bengal -743332,
Ph: 03174-256595 , 9851918183,
E-mail: brwaswb@gmail.com
Year of 1996
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 1
Branch(es)
TIER III MFI
No. of Staff 11
Products & Micro Credit
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 1.10
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.1
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 68
Products & Micro credit, Saving
Services
Offered
Client Outreach 0.29
(in Lakh)*
Net Loan 16.26
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 16.26
Portfolio (Rs in
Crore)*
* as of December 2015
214 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Baradrone Social Welfare Institution
Organization (BSWI)
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Sanjib Bhattacharya
Institution & Village & P.O. Baradrone, Block:
Contact Details Diamond Harbour, District - South 24
Parganas, West Bengal, PIN - 743332.
Ph: 03174 215032
E-mail:bswi.india@gmail.com,
bswi_india@yahoo.co.in
Year of 1976
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
TIER III MFI
No. of 3
Branch(es)
No. of Staff 26
Products & Micro Credit, Capacity Building
Services Training
Offered
Client Outreach 0.04
(in Lakh)*
Net Loan 0.30
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.30
Portfolio (Rs in
Crore)*
* as of December 2015
No. of Staff 19
Products & Micro Credit
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 0.25
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.25
Portfolio (Rs in
Crore)*
* as of December 2015
216 Directory of Micofinance 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 & Basundhara,Post-Noapara,Barasat,
Contact Details Kolkata-125, West Bengal
Ph: 9051668711,
E-mail: bgs.org.ind@gmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 3
Branch(es)
TIER III MFI
No. of Staff 9
Products & Micro Credit
Services
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 0.96
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.96
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 36
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 4.60
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 4.60
Portfolio (Rs in
Crore)*
* as of December 2015
218 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Barasat Society of Self Employment for
Organization 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 -
700125, West Bengal
Ph: 9830963326
E-mail: sserial.barasat@gmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s) TIER III MFI
No. of 1
Branch(es)
No. of Staff 4
Products & Income generating loan
Services
Offered
Client Outreach 0.0043
(in Lakh)*
Net Loan 0.20
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.20
Portfolio (Rs in
Crore)*
* as of December 2015
No. of 2
Branch(es)
No. of Staff 8
Products & Micro Credit
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.75
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.75
Portfolio (Rs in
Crore)*
* as of December 2015
220 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Belghoria Janakalyan Samity
Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Bishwajit Das
Institution & AE-592, Sector-I, Salt Lake City,
Contact Details Kolkata-700064, Ph: 033- 40077835
E-mail: info@bjsmfindia.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 15
Branch(es)
No. of Staff 90
TIER III MFI
* as of December 2015
No. of 6
Branch(es)
No. of Staff 16
Products & Micro Credit, Micro Insurance,Business
Services Correspondent
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 0.32
Portfolio (Rs in
Crore)*
Managed/Secur 1.24
itized Portfolio
(Rs in Crore)*
Out of Managed 1.24
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.56
Portfolio (Rs in
* as of December 2015
222 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Boys' Recreation Club
Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Gokul Sarkar
Institution & Vill + P.O - Bhangni - I, Saheb Ganj
Contact Details Road, P.S.- Dinhata, Dist: Cooch Behar,
PIN - 736135, West Bengal
Ph: 03581- 256855, 9474429137
E-mail: boys_rclub@yahoo.co.in
brcdinhata.org@rediffmail.com
Year of 1965
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
TIER III MFI
No. of 1
Branch(es)
No. of Staff 4
Products & Micro Credit
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 1.83
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.83
Portfolio (Rs in
* as of December 2015
* as of December 2015
224 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Dakshin Budhakhali Improvement
Organization Society (DBIS)
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Prasanta Kr. Panda,
Institution & 43B, Sadananda Road, Ground Floor,
Contact Details Kalighat, Kolkata -700026
West Bengal, India
Ph: 08582941003/7278759883
E-mail: dbis.sathi@yahoo.co.in,
dbis.prasanta@gmail.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
TIER III MFI
No. of 3
Branch(es)
No. of Staff 26
Products & Micro Credit, Micro Insurance,
Services Capacity & Building , Health &
Offered Sanitation, and Training
Client Outreach 0.09
(in Lakh)*
Net Loan 4.96
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 4.96
Portfolio (Rs in
* as of December 2015
No. of Staff 89
Products & Micro Credit
Services
Offered
Client Outreach 0.09
(in Lakh)*
Net Loan 5.98
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.98
Portfolio (Rs in
Crore)*
* as of December 2015
226 Directory of Micofinance Institutions (MFIs) in India
West Bengal
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 , Kolkata-
Contact Details 700064, West Bengal, Ph: (033)
23345593
E-mail:dcbsmfi@gmail.com
Year of 2003
Establishment
Operating in 2
No. of State(s)
Name of the West Bengal, Bihar
Operating
State(s)
No. of 7
Branch(es)
TIER III MFI
No. of Staff 55
Products & Micro Credit, Micro Insurance, Clean
Services energy product, Rural Housing, Water &
Offered Sanitation
Client Outreach 0.15
(in Lakh)*
Net Loan 8.21
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8.21
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 12
Products & Micro Credit
Services
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 1.41
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.41
Portfolio (Rs in
Crore)*
* as of December 2015
228 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Jagaran Microfin Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head West Bengal
Quarter
Head of the Mr. Alok Biswas|
Institution & P-12, C.I.T Road, "Surfrige Building",
Contact Details 4th Floor, Moulali, Kolkata: 700 014
Ph: 8017523700
E-mail: alok.biswas@jagaranmf.com
Year of 2010
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 42
Branch(es)
TIER II MFI
* as of December 2015
* as of December 2015
230 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Kalighat Society for Development
Organization Facilitation
Legal Form Society
State Head West Bengal
Quarter
Head of the Mrs. Gitanjali Satapathy
Institution & 57/ A Gurupada Halder Road Kalighat
Contact Details Kolkata -700 026, Ph: 9331256225
E-mail: ksdf_mm@yahoo.co.in,
Year of 2001
Establishment
Operating in 2
No. of State(s)
Name of the West Bengal, Odisha
Operating
State(s)
No. of 12|
Branch(es)
No. of Staff 33
TIER III MFI
* as of December 2015
* as of December 2015
232 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Micromax Charitable Trust
Organization
Legal Form Trust
State Head West Bengal
Quarter
Head of the Mr. Sankar Ghosh
Institution & Babupara, Gobardanga, North 24
Contact Details Parganas,West Bengal, PIN-743252
Ph: 9749965775,
E-mail: micromaxct@gmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 3
Branch(es)
TIER III MFI
No. of Staff 9
Products & Micro Credit
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.79
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 0.79
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 18
Products & Micro Credit, Micro Insurance (Non-
Services Health)
Offered
Client Outreach 0.17
(in Lakh)*
Net Loan 8.50
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 8.50
Portfolio (Rs in
Crore)*
* as of December 2015
234 Directory of Micofinance Institutions (MFIs) in India
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, Sukanta
Contact Details Pally, Barasat, Kolkata -700124, West
Bengal, Ph: 919432844555,
918962359665
E -mail : prerana_barasat@yahoo.com
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 2
TIER III MFI
Branch(es)
No. of Staff 9
Products & Micro Credit, Health & Sanitation,
Services Education, Capacity Building & Training
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 1.29
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1.29
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
236 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Sampurna Training and
Organization Entrepreneurship Programme
Legal Form Section 8 Company (previously Section
25 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 - 700 030,
Ph: 9674218738, 9830566989
E-mail: info@stepindia.in,
abhijit.bera@gmail.com
Year of 2013
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
TIER III MFI
No. of 7
Branch(es)
No. of Staff 50
Products & Microfinance, Business Management
Services Training, Family Counselling,
Offered Vocational Training, Referrals
Client Outreach 0.06
(in Lakh)*
Net Loan 3.3
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 3.3
Portfolio (Rs in
Crore)*
* as of December 2015
* as of December 2015
238 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Seba Bikash Kendra Financial Services
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head West Bengal
Quarter
Head of the Mr. Subal Roy Sarkar
Institution & Chhotosakdal (West) Burirhat - II P.O.
Contact Details Kuchni, P.S. Dinhata, Dist. Cooch
Behar, West Bengal - 736169
Ph: 9800815095
E-mail: sebabikashkendra@gmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
TIER III MFI
No. of 3
Branch(es)
No. of Staff 26
Products & Micro Credit
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 15.66
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 15.66
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 60
Products & Micro Loan and Insuarance
Services
Offered
Client Outreach 0.12
(in Lakh)*
Net Loan 9.22
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 9.22
Portfolio (Rs in
Crore)*
* as of December 2015
240 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Society for Model Gram Bikash Kendra
Organization
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 -700 031, West
Bengal, Ph: 033-65268141
E-mail: grambikash@rediffmail.com
Year of 2004
Establishment
Operating in 2
No. of State(s)
Name of the West Bengal, Bihar
Operating
State(s)
No. of 13
TIER III MFI
Branch(es)
No. of Staff 83
Products & Micro Credit, Education, Health &
Services Sanitation, Micro Insurance
Offered
Client Outreach 0.13
(in Lakh)*
Net Loan 10.15
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 10.15
Portfolio (Rs in
Crore)*
* as of December 2015
Branch(es)
No. of Staff 168
Products & Micro Credit, Business Correspondent
Services
Offered
Client Outreach 0.44
(in Lakh)*
Net Loan 21.44
Portfolio (Rs in
Crore)*
Managed/Secur 9.88
itized Portfolio
(Rs in Crore)*
Out of Managed 9.88
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 31.32
Portfolio (Rs in
Crore)*
* as of December 2015
242 Directory of Micofinance 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, PS-
Contact Details Joynagar, Dist -24 Parganas (South),
West Bengal - 743372, Ph: 9933960347
E-mail: ssvws.bengal@gmail.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 4
Branch(es)
TIER III MFI
No. of Staff 19
Products & Micro Credit
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 3.02
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 3.02
Portfolio (Rs in
Crore)*
* as of December 2015
State(s)
No. of 1
Branch(es)
No. of Staff 23
Products & Microcredit and saving, Promoting
Services Livelihood Activities and Support for
Offered Women Rights .
Client Outreach 0.11
(in Lakh)*
Net Loan 2.47
Portfolio (Rs in
Crore)*
Managed/Secur 0.36
itized Portfolio
(Rs in Crore)*
Out of Managed 0.25
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.83
Portfolio (Rs in
Crore)*
* as of December 2015
244 Directory of Micofinance 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, Salt
Contact Details Lake, P.S Bidhannagar, Kolkata
700 064, Ph: 7044048874
E-mail: info@uttrayan-mfi.com
Year of 2009
Establishment
Operating in 2
No. of State(s)
Name of the West Bengal, Assam
Operating
State(s)
No. of 55
Branch(es)
TIER II MFI
* as of December 2015
* as of December 2015
246 Directory of Micofinance Institutions (MFIs) in India
West Bengal
Name of the Vivekananda Sevakendra O Sishu
Organization Uddyan
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Kapilananda Mondal
Institution & Ullon , PO Ramlochan Pur , South 24
Contact Details Pgs , PIN- 743336, West Bengal
Ph: 3174 277451, 277986 ,
9735706439
E-mail: vssu.in@gmail.com
Year of 1986
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 12
TIER II MFI
Branch(es)
No. of Staff 126
Products & Micro Savings and credit , Insurance
Services through SHGs & Individual Model
Offered
Client Outreach 1.27
(in Lakh)*
Net Loan 7.80
Portfolio (Rs in
Crore)*
Managed/Secur 14.50
itized Portfolio
(Rs in Crore)*
Out of Managed 14.50
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 22.30
Portfolio (Rs in
Crore)*
* as of December 2015