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2016

Developed & Published by:


Sa-Dhan
A 1- 248, 3rd Floor, Safdarjung Enclave, New Delhi 110029
Tel: +91-11- 47174400 Fax: +91-11-47174405
E-mail: info@sa-dhan.org

Copyright reserved Sa-Dhan


2016

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

Summary of MFI-Entries in the Directory 7

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

4 Directory of Micofinance Institutions (MFIs) in India


Preface
serve the reference purpose and the users may seek further details from the
MFIs concerned to meet their specific needs.
serve the reference purpose and the users may seek further details from the
MFIs concerned to meet their specific needs.
Sa-Dhan developed the first version of MFI Directory in 2014 which carries
names of 268 MFIs. RBI and other stakeholders appreciated Sa-Dhan for its
initiative and presenting an MFI Directory first time in the sector.
There have been many changes in the regulatory landscape over last two
years such as the establishment of MUDRA Bank, Small and Payment Bank
licenses, granting of Self-Regulatory Organization status to microfinance
industry associations, graduation of one MFI (Bandhan) to a mainstream
bank etc. During this period many MFIs either closed microfinance
operations, completely stopped operating, merged with other MFIs or
graduated to full-fledged Bank/Small Finance Bank. So Sa-Dhan felt the
need of revising the MFI Directory.
The second version of MFI Directory carries 223 MFIs across 21 States/UTs.
There is a drop of 80 MFIs from the existing list of MFI and addition of 35 new
MFIs.
The names have been listed out state wise and then alphabetically under
each state.
We thank all those agencies which helped to compile this directory and all
the MFIs for reposing confidence in us and valuing transparency through
data reporting. We look forward to such continued response in future too.
Entire Directory work was spearheaded by Mr. Ardhendu Nandi with active
support of his colleagues Ms. Shyamasree Nandan and Mr. P.M. Kamalesh. I
appreciate them for their meticulous collection of data through repeated
follow up with MFIs across country, validation of the data through iteration
process, and working on the process to bring out this Directory.
This directory would not have been possible without the financial support
under the Poorest States Inclusive Growth (PSIG) Project being
implemented by SIDBI with support from UKAID through Department for
International Development (DFID). We thank them profusely for their
continued support to the various endeavours of Sa-Dhan.
As in any such effort there could be some inadvertent misses. We request
you to bring them to our notice. We also request your valuable feedback to
improve the content and format of the directory in future versions.

P. Satish
Executive Director
May 2016

Directory of Micofinance Institutions (MFIs) in India 5


Definitions

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.

Gross Loan Portfolio (GLP):


The outstanding principal balance of loan given by MFIs to clients.

Managed Loan Portfolio


Managed Loan Portfolio is the loan asset originated by MFIs and later
sold to banks for getting liquidity. The MFIs continue to manage it -
collection of repayment on behalf of the banks which purchased the
portfolio.

6 Directory of Micofinance Institutions (MFIs) in India


Summary of MFI
Summary of MFIs -
Entries in the Directory
No. of MFIs across MFI size (Client Base)

Size Client Outreach No. of MFIs


Tier I > 2.5 Lakh 28
Tier II 0.5 - 2.5 Lakh 45
Tier III < 0.5 Lakh 150
Total 223

No. of MFIs across Legal Form

Legal Form No. of MFIs


Society 78
Trust 19
Section 8 Company* 29
Macs or Cooperative 12
Local Area Bank 1
NBFC 13
NBFC-MFI 71
Total 223

* Section 25 Company under earlier companies Act.

Directory of Micofinance Institutions (MFIs) in India 7


Summary of MFIs

No. of MFIs across States

States No. of MFIs


Andhra Pradesh 2
Assam 9
Bihar 6
Chhattisgarh 1
New Delhi 7
Gujarat 9
Haryana 3
Jharkhand 5
Karnataka 17
Kerala 9
Madhya Pradesh 7
Maharashtra 25
Manipur 7
Odisha 16
Punjab 1
Rajasthan 7
Tamil Nadu 35
Telangana 8
Uttar Pradesh 9
Uttarakhand 1
West Bengal 39
Total 223

8 Directory of Micofinance Institutions (MFIs) in India


List of MFIs
List of MFI
List of MFIs
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
1 Adhikar Society Odisha Tier III 132
2 Adhikar Microfinance NBFC- Odisha Tier II 133
Pvt. Ltd. MFI
3 Agora Microfinance NBFC- Maharash- Tier III 100
India Ltd. MFI tra
4 Agradut Polly Society West Tier III 209
Unnayan Samity Bengal
5 Ajagar Social Circle Society Assam Tier III 27
6 Altura Financial NBFC- New Delhi Tier III 43
Services Limited MFI
7 Anik Financial NBFC- Maharash- Tier III 101
Services Pvt.Ltd. MFI tra
8 Annapurna Mahila Co Maharash- Tier II 102
Co op Credit Society operative tra
Ltd.
9 Annapurna NBFC- Odisha Tier I 134
Microfinance Pvt.Ltd MFI
10 Anupama Human Sec 8 Madhya Tier III 93
Economic Company Pradesh
Development.
11 Arasan Rural Society TamilNadu Tier III 156
Development Society
12 Aravindo Pally Bharat Society West Tier III 210
Kristi Seva Sangha Bengal
13 Arohan Financial NBFC- West Tier I 211
Services Pvt. Ltd. MFI Bengal
14 Arth Micro Finance NBFC- Rajasthan Tier III 149
Pvt.Ltd. MFI
15 ASA International NBFC West Tier II 212
India Microfinance Bengal
Pvt.Ltd,

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 9


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

10 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
31 Belstar Investment NBFC-MFI TamilNadu Tier II 158
Finance Pvt. Ltd
32 Bengal Women Sec 8 West Tier III 222
Welfare Association Company Bengal
33 Bharat Sevak Samaj Society Kerala Tier III 84
(BSS)
34 Bharathi Women Society TamilNadu Tier III 159
Development Centre
35 Bharatiya Micro Sec 8 Uttar Tier II 199
Credit Company Pradesh
36 Bhartiya Samruddhi NBFC Telangana Tier I 192
Finance Ltd (Basix)
37 Blaze Trust Trust TamilNadu Tier III 160
38 Boys' Recreation Club Society West Tier III 223
Bengal
39 BSS Microfinance NBFC-MFI Karnataka Tier II 67
Pvt. Ltd.
40 Bullock-cart Workers Society TamilNadu Tier III 161
Development
Association (BWDA)
41 Bureau of Obligate Trust Bihar Tier III 36
and Accompainer for
Rural Development
(BOARD)
42 BURS Society West Tier III 224
Bengal
43 BWDA Finance NBFC TamilNadu Tier III 162
Limited
44 CASHPOR Micro Sec 8 Uttar Tier I 200
Credit Company Pradesh
45 CDC Microfinance NBFC TamilNadu Tier III 163
Pvt. Ltd.

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 11


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

12 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
61 Duttapukur Institute Society West Tier III 228
for social Bengal
Advancement
62 Equitas Micro NBFC-MFI TamilNadu Tier I 164
Finance Pvt. Ltd.
63 ESAF Microfinance NBFC-MFI Kerala Tier I 87
and Investments Pvt.
Ltd.
64 Forum for Rural Society Kerala Tier III 88
Environment and
Economic
Development (FREED)
65 Fusion Microfinance NBFC-MFI New Delhi Tier I 44
Private Ltd.
66 Future Financial NBFC-MFI Andhra Tier I 25
Servicess Ltd. Pradesh
67 Futureage India Micro Sec. 8 Uttar Tier III 202
Credit Services Company Pradesh
68 G U Financial NBFC Odisha Tier III 136
Services Pvt. Ltd.
69 G.B.P.Nobel Sec 8 Maharash- Tier III 105
Microfinances Company tra
70 Gram Utthan Society Odisha Tier III 137
71 Grama Vidiyal NBFC-MFI TamilNadu Tier I 165
Microfinance Ltd.
72 Gramalaya Microfin Sec 8 TamilNadu Tier III 166
Foundation Company
73 Gramalaya Urban And Sec 8 TamilNadu Tier III 167
Rural Development Company
Initiatives And
Network (GUARDIAN)

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 13


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

14 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
88 Institute of Rural Society Maharash- Tier III 108
Credit & tra
Entrepreneurship
Development
89 Integrated Society Kerala Tier II 89
Development Centre
(IDC)
90 Intrepid Finance and NBFC-MFI Maharash- Tier II 109
Leasing Pvt. Ltd. tra
91 Jagaran Microfin Pvt. NBFC-MFI West Tier II 229
Ltd. Bengal
92 Jagriti Society Haryana Tier III 60
93 Jamalpur Society West Tier III 230
Panchyajanya Gram Bengal
Vikash Samiy
94 Jan Sewa Parishad Society Jharkhand Tier III 62
95 Janalakshmi NBFC-MFI Karnataka Tier I 71
Financial Services
Pvt. Ltd.
96 Jeevankiran Society Kerala Tier III 90
97 Kalighat Society for Society West Tier III 231
Development Bengal
Facilitation
98 Kanyakumari District Society TamilNadu Tier III 171
Fishermen Sangam
Federation
99 Khandagiri Coopera- Odisha Tier III 138
Madhyamika Mahila tive
Samabaya Sangha
100 Kotalipara Society West Tier II 232
Development Society Bengal

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 15


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

16 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
118 Mitaan Sewa Samiti Society Chhattis- Tier III 42
garh
119 MSM Microfinance NBFC TamilNadu Tier III 175
Limited
120 Muthoot Microfin NBFC-MFI Maharash- Tier II 112
Limited tra
121 NABARD Financial NBFC-MFI Karnataka Tier I 73
Services Ltd.
122 Namathu Deepam Sec 8 TamilNadu Tier III 176
Micro Finance Company
Services
123 Namra Finance NBFC-MFI Gujarat Tier II 52
Limited
124 Nanayasurabhi Sec 8 TamilNadu Tier III 177
Development Company
Financial Services
(NDFS)
125 Nav Bharat Jagriti Society Jharkhand Tier III 64
Kendra
126 Navachetana NBFC-MFI Karnataka Tier III 74
Microfin Services Pvt.
Ltd.
127 Network of Society Uttar Tier III 205
Entrepreneurship & Pradesh
Economic
Development (NEED)
128 Nightingale Finvest NBFC-MFI Assam Tier III 31
Pvt. Ltd.
129 Nirantara Finaccess NBFC-MFI Karnataka Tier III 75
Pvt. Ltd.
130 North East Region NBFC-MFI Manipur Tier II 126
Finservices Ltd.

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 17


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

18 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
144 PRAYAS(Organisation Trust Gujarat Tier III 54
for Sustainable
Development)
145 Prayas Juvenile Aid Society New Delhi Tier III 47
Centre
146 Prochesta Thrift & Coopera- Assam Tier III 32
Credit Co-Operative tive
Society Asom Ltd.
147 Purba Barasat Society West Tier III 235
Prerana Bengal
148 Pustikar Sakh Coopera- Rajasthan Tier III 154
Sahakari Samiti Ltd. tive
149 Rashtriya Seva Society Andhra Tier III 26
Samithi (RASS) Pradesh
150 Repco Micro Finance NBFC-MFI TamilNadu Tier II 181
Ltd.
151 RGVN (NE) NBFC-MFI Assam Tier I 33
Microfinance Ltd.
152 Rors Finance Pvt. Ltd. NBFC-MFI Karnataka Tier III 78
153 Rural Education and Society TamilNadu Tier III 182
Action Development
(READ)
154 Rural Education Society TamilNadu Tier III 183
Environment
Development &
Multipurpose
Awareness Society
(REEDMAS)
155 S V Creditline Pvt. NBFC-MFI Haryana Tier I 61
Ltd.
156 S.M.I.L.E. NBFC-MFI TamilNadu Tier II 184
Microfinance Ltd.
157 Saadow Society TamilNadu Tier III 185

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 19


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

20 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
171 Sankalp Gramin Society Maharash- Tier III 117
Mahila tra
Swayamsiddha
Sangha
172 Sarala Development NBFC-MFI West Tier II 238
& Microfinance Pvt. Bengal
Ltd.
173 Sarvodaya Nano NBFC-MFI TamilNadu Tier II 186
Finance Ltd.
174 Satin Creditcare NBFC-MFI New Delhi Tier I 48
Network Ltd.
175 SATRA Development NBFC-MFI Assam Tier III 34
Finance Private
Limited
176 Seba Bikash Kendra Sec 8 West Tier III 239
Financial Services Company Bengal
177 Seba-Rahara Society West Tier III 240
Bengal
178 Share Microfin Ltd. NBFC-MFI Telangana Tier I 196
179 Shikhar Microfinance NBFC-MFI New Delhi Tier III 49
Pvt. Ltd.
180 Shree Mahila Sewa Coopera- Gujarat Tier I 55
Sahakari Bank Ltd. tive
(Sewa Bank) Bank
181 Shri Kshethra Trust Karnataka Tier I 81
DharmasthalaRural
Development Project
182 Shroff Capital And NBFC-MFI Gujarat Tier III 56
Finance Pvt. Ltd. Tier I
183 SKS Microfinance NBFC-MFI Telangana Tier III 197
Ltd.

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 21


List of MFIs

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.

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

22 Directory of Micofinance Institutions (MFIs) in India


List of MFI
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
196 Svasti Microfinance NBFC-MFI Maharash- Tier III 120
Pvt. Ltd. tra
197 Svatantra NBFC-MFI Maharash- Tier II 121
Microfinance Pvt. tra
Ltd.
198 Swashrayee Mahila Coopera- Madhya Tier III 98
Sakha Sahakarita tive Pradesh
Maryadit
199 Swathi Jyoti Mahila Coopera- Karnataka Tier III 82
Vividodhesha tive
Souharda Shakari
Niyamita
200 Swayam Micro Section 8 Gujarat Tier III 57
Services Company
201 Swayamsampurna Trust West Tier III 244
Bengal
202 Swayamshree Micro Sec 8 Odisha Tier II 145
Credit Services Company
203 Swayanshree Mahila Macs or Odisha Tier III 146
Samabaya Ltd. Coopera-
tive
204 The Eastern Society Odisha Tier III 147
Multipurpose Coop
Society Ltd
205 The Saath Saving And Coopera- Gujarat Tier III 58
Credit Co Op Society tive
Ltd.
206 Ujjivan Financial NBFC-MFI Karnataka Tier I 83
Services Pvt. Ltd.
207 UNACCO Financial NBFC Assam Tier III 35
Services Pvt. Ltd.
208 Unnati Microfin NBFC-MFI Maharash- Tier III 122
Private Limited tra

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

Directory of Micofinance Institutions (MFIs) in India 23


List of MFIs

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

* Tier I: Client base > 2.5 lakh


Tier II: Client base 0.5 - 2.5 lakh
Tier III: Client base < 0.5 lakh

24 Directory of Micofinance Institutions (MFIs) in India


Profile of MFIs
Andhra Pradesh
Name of the Future Financial Services Ltd.
Organization
Legal Form NBFC-MFI
State Head Andhra Pradesh
Quarter
Head of the Mr. Dasaratha Reddy
Institution & 4-368, CB Road, Greams Pet,Chittoor -
Contact Details 517002, Andhra Pradesh
Ph: 08572-222355, 231869, 222455
E-mail: ffslmfi@gmail.com
Year of 2007
Establishment
Operating in 7
No. of State(s)
Name of the Andhra Pradesh, Gujarat, Karnataka,
Operating Madhya Pradesh, Maharashtra,
State(s) Puducherry, Tamil Nadu
No. of 229
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 25


Andhra Pradesh

Name of the Rashtriya Seva Samithi (RASS)


Organization
Legal Form Society
State Head Andhra Pradesh
Quarter
Head of the Dr. G. Muniratnam
Institution & Seva Nilayam, Annamaiah Marg AIR By
Contact Details Pass Road, Tirupati, Chittoor District -
517 502 , Andhra Pradesh Ph: 877-
2242404, 2244210,
E-mail: rassorg@gmail.com
Year of 1989
Establishment
Operating in 2
No. of State(s)
Name of the Andhra Pradesh, Tamil Nadu
Operating
State(s)
TIER III MFI

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

26 Directory of Micofinance Institutions (MFIs) in India


Assam
Name of the Ajagar Social Circle
Organization
Legal Form Society
State Head Assam
Quarter
Head of the Mr. Hiren Kalita,
Institution & Agia, Goalpara-783120, Assam
Contact Details Ph: 03663-285078, 9435725238,
E-mail: ajagarsocialcircle@yahoo.co.in

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

Directory of Micofinance Institutions (MFIs) in India 27


Assam

Name of the Asomi Finance Pvt. Ltd.


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

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

28 Directory of Micofinance Institutions (MFIs) in India


Assam
Name of the Deshabandhu Club
Organization
Legal Form Section 8 Company
State Head Assam
Quarter
Head of the Dr. Sanjib Sikidar
Institution & Behara Bazar, Cachar (Silchar)
Contact Details Ph: 9435174392, E-mail:
deshabndhuclub@rediffmail.com,
dmlidbc@gmail.com
Year of 2013
Establishment
Operating in 1
No. of State(s)
Name of the Assam
Operating
State(s)
No. of 1
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 29


Assam

Name of the Grameen Development & Finance


Organization Private Limited
Legal Form NBFC-MFI
State Head Assam
Quarter
Head of the Mr. Sarat Chandra Das
Institution & Vill: Dubjani, Kulsi Road, PO/PS:
Contact Details Chhaygaon, Dist: Kamrup, Assam,
PIN: 781124, Ph:3623261017
E-mail: grameendevfpl@gmail.com
Year of 2012
Establishment
Operating in 3
No. of State(s)
Name of the Assam, Meghalaya, Nagaland
Operating
State(s)
No. of 17
TIER III MFI

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

30 Directory of Micofinance Institutions (MFIs) in India


Assam
Name of the Nightingale Finvest Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Assam
Quarter
Head of the Mr. Mantu Nath Sarma
Institution & H.No-85, D.R.Pathak Bhawan, Voltas
Contact Details Lane, Natun Sarania, Chandmari,
Guwahati, Assam-781003
Ph: (0361)2655401,
E-mail: nightingale20006@gmail.com
Year of 2011
Establishment
Operating in 4
No. of State(s)
Name of the Assam, Meghalaya, Arunachal
Operating Pradesh, Mizoram
State(s)
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 31


Assam

Name of the Prochesta Thrift & Credit Co-Operative


Organization Society Asom Ltd.
Legal Form Macs or Cooperative
State Head Assam
Quarter
Head of the Dr. Anjana Borkakati
Institution & Sonadhar Senapati Road, Goswami
Contact Details Service Station, House No - 2, 2nd
Floor, Silpukhuri, Guwahati - 781 003,
Assam, Ph:361- 2517230, 2511794
E-mail:prochesta@hotmail.com
Year of 2001
Establishment
Operating in 1
No. of State(s)
Name of the Assam
Operating
State(s)
TIER III MFI

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

32 Directory of Micofinance Institutions (MFIs) in India


Assam
Name of the RGVN (NE) Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head Assam
Quarter
Head of the Ms. Rupali Kalita
Institution & House No.2, Padma Path, 8th Bye
Contact Details Lane, Zoo Road Tiniali, R G Baruah
Road, Guwahati-781024 (Assam)
Ph: 361-2464612
E-mail : rgvn.nbfc.admn@gmail.com
Year of 2010
Establishment
Operating in 5
No. of State(s)
Name of the Arunachal Pradesh, Assam,
Operating Meghalaya, Nagaland, Sikkim
State(s)
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 33


Assam

Name of the SATRA Development Finance Private


Organization Limited
Legal Form NBFC-MFI
State Head Assam
Quarter
Head of the Mr. Nani Kumar Saikia,
Institution & Dhanai Bora Chowk, Sipajhar, P.O.-
Contact Details Sipajhar, Dist.- Darrang,
Assam -784145, Ph: 03713-266000
E-mail: satradevfin@gmail.com
Year of 2009
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 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

34 Directory of Micofinance Institutions (MFIs) in India


Assam
Name of the UNACCO Financial Services Pvt. Ltd.
Organization
Legal Form NBFC
State Head Assam
Quarter
Head of the Mr. N. Irabanta Singh
Institution & 4-15/402, National Games Village
Contact Details Apartment, Borrajai, Beltola, Kamrup,
Guwahati-781029, Ph: 0361-2311208
E-mail: unacco_ro@rediffmail.com
Year of 2008
Establishment
Operating in 5
No. of State(s)
Name of the Assam, Manipur, Tripura, West Bengal,
Operating Mizoram
State(s)
No. of 25
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 35


Bihar

Name of the Bureau of Obligate and Accompainer


Organization for Rural Development (BOARD)
Legal Form Trust
State Head Bihar
Quarter
Head of the Mr. Naresh Chandra Verma
Institution & At & P.O: Shahjahanpur, Via:
Contact Details Nagarnousa, Sist. - Patna Bihar,
PIN - 801305, Ph: 09835252736,
E-mail: boardorg@rediffmail.com
Year of 2007
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, 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

36 Directory of Micofinance Institutions (MFIs) in India


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

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

Directory of Micofinance Institutions (MFIs) in India 37


Bihar

Name of the Centre for Development Orientation


Organization And Training (CDOT)
Legal Form Society
State Head Bihar
Quarter
Head of the Mr. R R Kalyan
Institution & 607, Verma Boring Road Crossing
Contact Details Patna - 800001
E-mail: info@cdotbihar.org,
rrkalyan@cdotbihar.org
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Bihar
Operating
State(s)
No. of 13
TIER III MFI

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

38 Directory of Micofinance Institutions (MFIs) in India


Bihar
Name of the Mass Care International
Organization
Legal Form Society
State Head Bihar
Quarter
Head of the Mr. Pria Ranjan
Institution & H.No.62, Road No.1, Friend's Colony,
Contact Details Ashiana Nagar Patna, Bihar - 800025,
Ph: 9955249123
E-mail: masscareint@gmail.com
Year of 2005
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 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

Directory of Micofinance Institutions (MFIs) in India 39


Bihar

Name of the Saija Finance Pvt. Ltd


Organization
Legal Form NBFC-MFI
State Head Bihar
Quarter
Head of the Mr. Shashi Ranjan Sinha,
Institution & 3rd Floor Uma Complex , Fraser Road
Contact Details Patna, Bihar- 800 001
Ph: 0612-2332009,
E-mail: saija.inc@gmail.com,
Year of 2008
Establishment
Operating in 3
No. of State(s)
Name of the Bihar, Jharkhand, Uttar Pradesh
Operating
State(s)
No. of 39
TIER II MFI

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

40 Directory of Micofinance Institutions (MFIs) in India


Bihar
Name of the SURAJE ( Societal Upliftment and Rural
Organization Action for Job and Empowerment)
Legal Form Society
State Head Bihar
Quarter
Head of the Mr. Thakur Rabindra Nath
Institution & At & P.O: Karghar, Distt: Rohtas, Bihar
Contact Details PIN - 821107, Ph : 9430240676
E-mail: suraje1985@gmail.com

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

Directory of Micofinance Institutions (MFIs) in India 41


Chhattisgarh

Name of the Mitaan Sewa Samiti


Organization
Legal Form Society
State Head Chhattisgarh
Quarter
Head of the Mr. Tapash Chatterjee
Institution & Near Shiv Mandir, Hardware Line,
Contact Details Supela, Bhilai - 490023, Chhattisgarh
Ph: 7898872991
E-mail: mitaan.ngo@gmail.com
Year of 2016
Establishment
Operating in 1
No. of State(s)
Name of the Chhattisgarh
Operating
State(s)
No. of 27
TIER III MFI

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

42 Directory of Micofinance Institutions (MFIs) in India


Name of the Altura Financial Services Limited

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

Name of the Fusion Microfinance Private Ltd.


Organization
Legal Form NBFC-MFI
State Head New Delhi
Quarter
Head of the Mr. Devesh Sachdev
Institution & C-3, Community Center, Naraina Vihar,
Contact Details New Delhi-110028, Ph:11-4664 6600,
E-mail:
contact@fusionmicrofinance.com
Year of 2010
Establishment
Operating in 9
No. of State(s)
Name of the Uttrakhand, Delhi, Haryana, Madhya
Operating Pradesh, Uttar Pradesh, Bihar,
State(s) Jharkhand, Odisha and Punjab
No. of 155
TIER I MFI

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

44 Directory of Micofinance Institutions (MFIs) in India


Name of the Gramin Micro Credit Foundation

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

48 Directory of Micofinance Institutions (MFIs) in India


Name of the Shikhar Microfinance Pvt. Ltd.

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

Name of the Disha Microfin Pvt Ltd.


Organization
Legal Form NBFC-MFI
State Head Gujarat
Quarter
Head of the Mr. Sameer Nanavati
Institution & 404, 4th Floor, 3rd Eye, Panchvati
Contact Details Cross Road, C G Road, Ahmedabad -
380006, Ph: (079) - 4009 9815,
E-mail: disha@fincare.com
Year of 2010
Establishment
Operating in 6
No. of State(s)
Name of the Andhra Pradesh, Gujarat, Karnataka,
Operating Madhya Pradesh, Rajasthan, Tamil
State(s) Nadu
No. of 129
Branch(es)
TIER II MFI

No. of Staff 577


Products & Micro Credit
Services
Offered
Client Outreach 1.58
(in Lakh)*
Net Loan 172.82
Portfolio (Rs in
Crore)*
Managed/Secur 53.76
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 226.58
Portfolio (Rs in
Crore)*

* as of December 2015

50 Directory of Micofinance Institutions (MFIs) in India


Gujarat
Name of the Light Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Gujarat
Quarter
Head of the Mr. Rakesh Kumar
Institution & 04, Pinnacle Business Park, Corporate
Contact Details Road, Prahlad Nagar, Ahmedabad,
Gujarat 380015, Ph: 079-40050059,
E-mail:
rakesh.kumar@lightmicrofinance.com
Year of 2009
Establishment
Operating in 2
No. of State(s)
Name of the Gujarat, Madhya Pradesh
Operating
State(s)
No. of 35
TIER II MFI

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

Name of the Namra Finance Limited


Organization
Legal Form NBFC-MFI
State Head Gujarat
Quarter
Head of the Mr. Jayendra Patel
Institution & 502-3-4, Sakar III, Opp. Old High Court
Contact Details Off. Ashram Road, Ahmedabd-380 014,
Gujarat, Ph: 7930005000
E-mail: finance@armanindia.com,
amit@armanindia.com
Year of 2012
Establishment
Operating in 2
No. of State(s)
Name of the Gujarat, Madhya Pradesh
Operating
State(s)
No. of 53
Branch(es)
TIER II MFI

No. of Staff 253


Products & Micro Credit
Services
Offered
Client Outreach 1.07
(in Lakh)*
Net Loan 94.32
Portfolio (Rs in
Crore)*
Managed/Secur 5.51
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 99.84
Portfolio (Rs in
Crore)*

* as of December 2015

52 Directory of Micofinance Institutions (MFIs) in India


Gujarat
Name of the Pahal Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Gujarat
Quarter
Head of the Mr. Kartik Mehta and Ms.Purvi Bhavsar
Institution & First Floor - 2, City Mall, Nr. Rajpath
Contact Details Club, Opp. Madhur Hotel, S.G Highway,
Bodakdev, Ahmedabad - 380059
Ph: 079-40373857,
E-mail: pahalacs@gmail.com
Year of 2011
Establishment
Operating in 2
No. of State(s)
Name of the Gujarat, Maharashtra
Operating
State(s)
No. of 49
TIER II MFI

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

Name of the PRAYAS (Organisation for Sustainable


Organization Development)
Legal Form Trust
State Head Gujarat
Quarter
Head of the Mr. Bhadresh Rawal
Institution & Satyam-1/308, Amba Business
Contact Details Park,Above SBI/HDFC Bank, Trimandir
Campus, Adalaj, District- Gandhinagar-
382421, Ph: 079-66740256/66740266,
E-mail: mail@prayas4development.org
Year of 2006
Establishment
Operating in 2
No. of State(s)
Name of the Gujarat, Madhya Pradesh
Operating
State(s)
No. of 211
Branch(es)
TIER III MFI

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

54 Directory of Micofinance Institutions (MFIs) in India


Gujarat
Name of the Shree Mahila Sewa Sahakari Bank Ltd.
Organization (Sewa Bank)
Legal Form Cooperative Bank
State Head Gujarat
Quarter
Head of the Ms. Jayshree Vyas
Institution & 109, Sakar-II, Opp. Town Hall,
Contact Details Ellisbridge, Ahmedabad- 380 006.
Ph. 079-26581652 /079- 26581597,
E-mail kashyapi@sewabank.com
Year of 1974
Establishment
Operating in 1
No. of State(s)
Name of the Gujarat
Operating
State(s)
No. of 11
Branch(es)
TIER I MFI

No. of Staff 180


Products & Micro Credit, Thrift & Microsaving,
Services Livelihood promotion, Housing &
Offered Energy Health & Sanitation, Education,
Capacity Building & Training
Client Outreach 3.83
(in Lakh)*
Net Loan 109.39
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 109.39
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 55
Gujarat

Name of the Shroff Capital And Finance Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Gujarat
Quarter
Head of the Mr. Ravikantbhai B Thakkar
Institution & Thakkar Shopping Centre, At & Po.
Contact Details Bajwa, Dist. Vadodara, Gujarat,
Ph: 0265-2232361, 2230778,
9825026478,
E-mail: hemalshroff@yahoo.com
Year of 2011
Establishment
Operating in 1
No. of State(s)
Name of the Gujarat
Operating
State(s)
No. of 1
Branch(es)
TIER III MFI

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

56 Directory of Micofinance Institutions (MFIs) in India


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

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

Name of the The Saath Saving And Credit Co Op


Organization Society Ltd.
Legal Form Macs or Cooperative
State Head Gujarat
Quarter
Head of the Mr. Divyang Bhatnagar
Institution & 0/102, Nandavan - V, Near Prernatirth
Contact Details Jain Derasar, Jodhpur, Ahmedabad,
Gujarat - 380 015, Ph: 9879522576
E-mail: divyang@saath.org
Year of 2010
Establishment
Operating in 1
No. of State(s)
Name of the Gujarat
Operating
State(s)
No. of 11
Branch(es)
TIER III MFI

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

58 Directory of Micofinance Institutions (MFIs) in India


Haryana
Name of the Helping Nation
Organization
Legal Form Society
State Head Haryana
Quarter
Head of the Mr. Ashish Kumar Dash
Institution & Plot No-8, Block -Q1, Basement, South
Contact Details City-Ii, Near Adhasila School, In Front
Of Park Hospital, Gurgaon -122018,
Haryana, Ph: 9810057780
E-mail:dash.ashish1983@gmail.com
Year of 2014
Establishment
Operating in 2
No. of State(s)
Name of the Haryana, West Bengal
Operating
State(s)
No. of 2
TIER III MFI

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

Name of the Jagriti


Organization
Legal Form Society
State Head Haryana
Quarter
Head of the Mr. Janak Singh
Institution & VPO Amadalpur Jagadhari,
Contact Details Yamunanagar Haryana,
Ph: 09354677823,
E-mail: jagritingo@gmail.com
Year of 2010
Establishment
Operating in 3
No. of State(s)
Name of the Haryana, Himachal Pradesh, Punjab
Operating
State(s)
No. of 3
Branch(es)
TIER III MFI

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

60 Directory of Micofinance Institutions (MFIs) in India


Haryana
Name of the S V Creditline Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Haryana
Quarter
Head of the Mr. Rakesh Dubey
Institution & S. V. Credit line (P) Ltd.5th Floor,
Contact Details Tower B, SAS Towers, Medicity, Sector
- 38, Gurgoan - 122001, Haryana,Ph -
0124- 4834600, Extn.- 4601,
E-mail:- rakesh.dubey@svcl.in
Year of 2010
Establishment
Operating in 8
No. of State(s)
Name of the Bihar, Chattisgarh, Haryana, Madhya
Operating Pradesh, Punjab, Rajasthan , Uttar
State(s) Pradesh & Uttarakhand
No. of 194
TIER I MFI

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

Name of the Jan Sewa Parishad


Organization
Legal Form Society
State Head Jharkhand
Quarter
Head of the Mr. Ram Lal Prasad
Institution & Julu Park, Head Post Office Road,
Contact Details Hazaribag- 825301, Jharkhand
Ph: 06546 - 227246, 9431140659
E-mail: jspindia.org@gmail.com
Year of 2008
Establishment
Operating in 2
No. of State(s)
Name of the Jharkhand, Bihar
Operating
State(s)
No. of 2
Branch(es)
TIER III MFI

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

62 Directory of Micofinance Institutions (MFIs) in India


Jharkhand
Name of the Micro Enterprise and Sustainable
Organization Project (MESP)
Legal Form Section 8 Company (previously Section
25 Company)
State Head Jharkhand
Quarter
Head of the Mr. Niladri Sekhor Mukherjee,
Institution & Belabagan, Opp of DFO Office, PO &
Contact Details DT-Deoghar, Jharkhand, PIN-814112
Ph: 9955605754, 06432-275566,
E-mail: mesp.mukherjee4@gmail.com
Year of 2010
Establishment
Operating in 1
No. of State(s)
Name of the Jharkhand
Operating
State(s)
No. of 2
TIER III MFI

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

Name of the Nav Bharat Jagriti Kendra


Organization
Legal Form Society
State Head Jharkhand
Quarter
Head of the Mr. Satish Girija
Institution & At-Amritnagar, PO Korrah, Dist.
Contact Details Hazaribag-825301, Jharkhand
Ph: 06546263332,
E-mail-atishgirija@gmail.com
Year of 1993
Establishment
Operating in 2
No. of State(s)
Name of the Jharkhand, Bihar
Operating
State(s)
No. of 13
Branch(es)
TIER III MFI

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

64 Directory of Micofinance Institutions (MFIs) in India


Jharkhand
Name of the Samarthan Weakling Development
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Jharkhand
Quarter
Head of the Mr. Bajrang Singh
Institution & At- Rajbari , P.O+ P.S- Mihijam, Dist-
Contact Details Jamtara, Pin - 815354, Jharkhand
Ph: 9334668804
E-mail:samarthan_wdf@rediffmail.com
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Jharkhand
Operating
State(s)
No. of 1
TIER III MFI

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

Name of the Vedika Credit Capital Ltd


Organization
Legal Form NBFC-MFI
State Head Jharkhand
Quarter
Head of the Mr. Gautam Jain
Institution & 406, Shri Lok Complex, 4th Floor, H.B.
Contact Details Road, Ranchi, Jharkhand- 834001.
Ph: 9135001217,
E-mail: csa@teamvedika.com
Year of 2007
Establishment
Operating in 4
No. of State(s)
Name of the Jharkhand, Bihar, West Bengal, Uttar
Operating Pradesh
State(s)
No. of 44
Branch(es)
TIER II MFI

No. of Staff 221


Products & Micro Credit
Services
Offered
Client Outreach 0.66
(in Lakh)*
Net Loan 125.47
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 125.47
Portfolio (Rs in
Crore)*

* as of December 2015

66 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the BSS Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Dr. Ramesh Bellamkonda
Institution & No.11, 2nd Block, 2nd Stage, Outer
Contact Details Ring Road, Near BDA Complex,
Nagarbhavi Layout, Bangalore- 560072
Ph: 080-65732387, 32711266,
3188349/50
E-mail: swamukti@swamukti.com,
bss@bssmicrofinance.co.in
Year of 1997
Establishment
Operating in 2
No. of State(s)
Name of the Karnataka, Maharashtra
Operating
State(s)
TIER II MFI

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

Name of the Chaitanya India Fin Credit Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. Anand Rao
Institution & 98, 3rd Floor, Sirsi Circle, Mysore Road,
Contact Details Chamarajapet, Bangalore - 560018. Ph:
080-26750010,
E-mail: anand@chaitanyaindia.in,
rakesh@chaitanyaindia.in
Year of 2009
Establishment
Operating in 2
No. of State(s)
Name of the Karnataka, Maharashtra
Operating
State(s)
No. of 75
Branch(es)
TIER II MFI

No. of Staff 693


Products & Micro Loans, 2 Wheeler Loans, Gold
Services Loans & Housing Loans
Offered
Client Outreach 1.09
(in Lakh)*
Net Loan 140.38
Portfolio (Rs in
Crore)*
Managed/Secur 10.98
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 151.36
Portfolio (Rs in
Crore)*

* as of December 2015

68 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the Grameen Koota Financial Services
Organization Private Limited
Legal Form NBFC -MFI
State Head Karnataka
Quarter
Head of the Mr. Udaya Kumar,
Institution & No 49, 46th Cross, 8th Block,
Contact Details Jayanagar, Bangalore - 560076,
Karnataka, Ph: 9901100889,
E-mail:udayakumar@gfspl.in
Year of 1999
Establishment
Operating in 5
No. of State(s)
Name of the Karnataka, Maharashtra, Tamilnadu,
Operating Madhya Pradesh, Chattisgarh
State(s)
No. of 298
Branch(es)
TIER I MFI
No. of Staff 3667
Products & Micro Credit, Micro Insurance, Housing
Services Loan, Health & Sanitation and
Offered Education
Client Outreach 11.42
(in Lakh)*
Net Loan 1804.81
Portfolio (Rs in
Crore)*
Managed/Secur 6.05
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1810.86
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 69
Karnataka

Name of the IDF Financial Services Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. Vivekanand N Salimath
Institution & No.147, 1st Floor, 11th 'C' Cross,
Contact Details 1st Main, WOC Road, 2nd Stage,
Mahalakshmipuram, Bangalore -
560086, Ph: 080-23197714
E-mail: idff.chairman@gmail.com,
idf.finance@gmail.com
Year of 2009
Establishment
Operating in 2
No. of State(s)
Name of the Karnataka, Maharashtra
Operating
State(s)
No. of 27
TIER II MFI

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

70 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the Janalakshmi Financial Services Pvt.
Organization Ltd.
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. V S Radhakrishnan
Institution & Rajashree Saroja Plaza, 34/1 Andree
Contact Details Road, Shanti Nagar, Bangalore -
560027, Ph: 80 4259 5700 E-mail:
radhakrishnan.vs@janalakshmi.com
Year of 2006
Establishment
Operating in 18
No. of State(s)
Name of the Assam, Bihar, Chhattisgarh, Delhi,
Operating Gujarat, Haryana, Jharkhand,
State(s) Karnataka, Madhya Pradesh,
Maharashtra, Odisha, Pondicherry,
Punjab, Rajasthan, Tamil Nadu, Uttar
Pradesh, Uttrakhand, West Bengal
TIER I MFI

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

Name of the Millap


Organization
Legal Form Society
State Head Karnataka
Quarter
Head of the Mr. Anoj Viswanathan
Institution & No. 549, 1st Floor, 26th Main, 14th
Contact Details Cross, J.P. Nagar, Phase 1,
Bengaluru - 560078, Ph: 8880340333
E-mail: feedback@milaap.org,
howard@milaap.org
partner@milaap.org
Year of 2010
Establishment
Operating in 16
No. of State(s)
Name of the Andhra Pradesh, Bihar, Karnataka,
Operating Kerala, Maharashtra, Mizoram, Odisha,
State(s) Rajasthan, Tamil Nadu, Uttar Pradesh,
West Bengal, Jharkhand, Delhi,
Telangana, Madhya Pradesh
TIER II MFI

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

72 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the NABARD Financial Services Ltd.
Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Dr. B S Suran
Institution & 190, Rashtriya Vidyalaya Road,
Contact Details Jayanagar, 2nd Block, Bengaluru -
560004, Karnataka, Ph: 080-26563222,
E-mail: ho@nabfins.org
Year of 1997
Establishment
Operating in 8
No. of State(s)
Name of the Andhra Pradesh, Chhattisgarh,
Operating Karnataka, Kerala, Madhya Pradesh,
State(s) Tamil Nadu, Mizoram
No. of 55
Branch(es)
TIER I MFI
No. of Staff 289
Products & Lending To SHGs /JLGs under B & DC
Services Model, Direct Lending To SHGs / JLGs,
Offered Lending to Institutions under SLI
Client Outreach 5.52
(in Lakh)*
Net Loan 810.99
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 810.99
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 73
Karnataka

Name of the Navachetana Microfin Services


Organization Pvt.Ltd.
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. Nagendra V Mali
Institution & Hetaishi, Shirur Group Building,
Contact Details P.B.Road, Haveri-581110
Ph: 9480696158,
E-mail: nagendra.mali@navachetana.in
Year of 2006
Establishment
Operating in 2
No. of State(s)
Name of the Karnataka, Maharashtra
Operating
State(s)
No. of 28
Branch(es)
TIER III MFI

No. of Staff 234


Products & Micro Credit, Housing Loan Products
Services
Offered
Client Outreach 0.40
(in Lakh)*
Net Loan 64.80
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 64.80
Portfolio (Rs in
Crore)*

* as of December 2015

74 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the Nirantara Finaccess Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. Niranjan Sheelavant
Institution & ?No. 201, 2nd Floor, 60, Feet Shankar
Contact Details Nagar Main Road, Above State Bank of
India, Nandini Layout PO, Bengaluru -
560096, Karnataka, Ph: 08023570123
E-mail: srinivas@nirantara.co.in
Year of 2010
Establishment
Operating in 1
No. of State(s)
Name of the KARNATAKA
Operating
State(s)
No. of 25
TIER III MFI
Branch(es)
No. of Staff 148
Products & Income Generation Loans
Services
Offered
Client Outreach 0.39
(in Lakh)*
Net Loan 5.91
Portfolio (Rs in
Crore)*
Managed/Secur 52.86
itized Portfolio
(Rs in Crore)*
Out of Managed 52.86
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 58.77
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 75
Karnataka

Name of the Opportunity Microfinance India Ltd.


Organization
Legal Form NBFC
State Head Karnataka
Quarter
Head of the Mr. Albin Pinto
Institution & 139 (1st Floor), Infantry Road
Contact Details Bangalore-560 001, Ph: 080-25581869,
25581870, E-mail: tbfindia@vsnl.com,
omiindia@gmail.com
Year of 2001
Establishment
Operating in 1
No. of State(s)
Name of the Karnataka
Operating
State(s)
No. of 5
Branch(es)
TIER III MFI

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

76 Directory of Micofinance Institutions (MFIs) in India


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

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

Name of the Rors Finance Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. P. Sathyanarayana Reddy
Institution & 65, Ramakrishna Extension
Contact Details PO: Srinivaspur, Dist. Kolar 563135,
Karnataka, Ph. 08157 246278, 246181
E-mail: info@rors.in
Year of 2005
Establishment
Operating in 2
No. of State(s)
Name of the Karnataka, Tamil Nadu
Operating
State(s)
No. of 41
Branch(es)
TIER III MFI

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

78 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the Samasta Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. N. Venkatesh
Institution & 418, 1/2A, 4th Cross, 6th Main, Wilson
Contact Details Garden, Bangalore - 560027,
Ph: 080-42913500,
E-mail: venkateshn@samasta.co.in
Year of 2008
Establishment
Operating in 3
No. of State(s)
Name of the Tamil Nadu, Karnataka, Maharashtra
Operating
State(s)
No. of 26
Branch(es)
TIER III MFI

No. of Staff 214


Products & Income Generation Loan and Water
Services purifier Loan
Offered
Client Outreach 0.44
(in Lakh)*
Net Loan 55.35
Portfolio (Rs in
Crore)*
Managed/Secur 19.49
itized Portfolio
(Rs in Crore)*
Out of Managed 13.85
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 74.84
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 79
Karnataka

Name of the Sanghamithra Rural Financial Services


Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Karnataka
Quarter
Head of the Mr. R. D. Gadiyappanavar
Institution & No. 612, 1C Main Raod, Domlur Layout,
Contact Details Bengaluru -560071, Ph: 080-25350301
E-mail:
sanghamithra_rural@yahoo.co.in
Year of 1995
Establishment
Operating in 5
No. of State(s)
Name of the Karnataka, Tamilnadu, Andhra
Operating Pradesh, Maharashtra, Madhya
State(s) Pradesh
No. of 104
TIER II MFI

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

80 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the Shri Kshethra DharmasthalaRural
Organization Development Project
Legal Form Trust
State Head Karnataka
Quarter
Head of the Dr. L. H. Manjunath
Institution & Dharmashri Building, Dharmasthala,
Contact Details Belthangady Taluk, Dakshina Kannada
District, Karnataka - 574 216
Ph: 08256 277215, 267110
E-mail:ed@skdrdpindia.org ,
skdrdp@skdrdpindia.org
Year of 1992
Establishment
Operating in 2
No. of State(s)
Name of the Karnataka, Kerala
Operating
State(s)
TIER I MFI
No. of 157
Branch(es)
No. of Staff 6328
Products & Micro Credit, Business Correspondent,
Services Micro Pension, Health & Sanitation,
Offered Insurance, Water, Education
Client Outreach 35.63
(in Lakh)*
Net Loan 361.37
Portfolio (Rs in
Crore)*
Managed/Secur 3453.77
itized Portfolio
(Rs in Crore)*
Out of Managed 3453.77
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 3815.14
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 81
Karnataka

Name of the Swathi Jyoti Mahila Vividodhesha


Organization Souharda Shakari Niyamita
Legal Form Macs or Cooperative
State Head Karnataka
Quarter
Head of the Mr. Balakrishnan S
Institution & No 52,4th Main, Postal Colony,
Contact Details Sanjayanagar, Bangalore - 560 094
Ph: 80-23413736, 9480990870
E-mail: swathijyoti@gmail.com
bala@vrutti.org
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Karnataka
Operating
State(s)
No. of 5
TIER III MFI

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

82 Directory of Micofinance Institutions (MFIs) in India


Karnataka
Name of the Ujjivan Financial Services Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Karnataka
Quarter
Head of the Mr. Samit Ghosh
Institution & Grape Garden, 3rd A Cross, 18th Main,
Contact Details 6th Block, Koramangala, Bengaluru
560 095, Ph: 80-4071 2121
E-mail:ujjivan.blr@ujjivan.com
Year of 2006
Establishment
Operating in 24
No. of State(s)
Name of the Delhi, Madhya Pradesh, Punjab, Bihar,
Operating Jharkhand, Chattisgarh, West Bengal,
State(s) Uttar Pradesh, Karnataka, Kerala, Goa,
Pondicherry, Meghalaya, Sikkim,
Himachal Pradesh, Haryana,
Maharashtra,TamilNadu,Gujarat,Odish
a,Chandigarh,Rajasthan,Uttarakhand,A
ssam
TIER I MFI

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

Name of the Bharat Sevak Samaj (BSS)


Organization
Legal Form Society
State Head Kerala
Quarter
Head of the Mr. B. S. Balachandran
Institution & Sadbhavana Bhavan, Brahmins Colony,
Contact Details Kowdiar P.O. Thiruvananthapuram -
695003, Kerala, Ph: 0471-2433845,
2434301
E-mail: info@bharatsevaksamaj.org
bss.headoffice@gmail.com
Year of 1998
Establishment
Operating in 1
No. of State(s)
Name of the Kerala
Operating
State(s)
TIER III MFI

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

84 Directory of Micofinance Institutions (MFIs) in India


Kerala
Name of the Chemmanur Credits and Investments
Organization Ltd.
Legal Form NBFC
State Head Kerala
Quarter
Head of the Mr. Krishna Chandran V
Institution & Swaraj Round South, Thrissur, Kerala-
Contact Details 680001, Ph: 8111835511
E-mail:
krishna@chemmanurcredits.com
Year of 2013
Establishment
Operating in 1
No. of State(s)
Name of the Kerala
Operating
State(s)
No. of 25
Branch(es)
TIER III MFI

No. of Staff 120


Products & Microcredit, Microinsurance,
Services Consumer Loans, Gold Loans
Offered
Client Outreach 0.48
(in Lakh)*
Net Loan 60.27
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 60.27
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 85
Kerala

Name of the DORA Trust


Organization
Legal Form Trust
State Head Kerala
Quarter
Head of the Mr. Ajoy K Varghese
Institution & C/O Believers Church,St: Thomas
Contact Details Nagar, Kuttappuzha P O, Thiruvalla,
Pathanamthitta, Kerala, PIN - 689103
Ph: 0469-2740801, 9446310029,
E-mail: coo@doratrust.org,
shinevarghese@bcasia.org,
bejoymbhilip@bcasia.org,
srm-missoftware@doratrust.org
Year of 2010
Establishment
Operating in 6
No. of State(s)
Name of the Kerala, Tamil Nadu, Utter Pradesh,
Operating Delhi, Haryana, Panjab
State(s)
TIER II MFI

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

86 Directory of Micofinance Institutions (MFIs) in India


Kerala
Name of the ESAF Microfinance and Investments
Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head Kerala
Quarter
Head of the Mr. K. Paul Thomas
Institution & 2nd Floor, Hephzibah Complex,
Contact Details Mannuthy P.O, Thrissur, Kerala-680651
Ph: 0487-2371972,
E-mail: emfilhq@emfil.org
Year of 2008
Establishment
Operating in 10
No. of State(s)
Name of the Kerala, Tamil Nadu, Maharashtra,
Operating Chhattisgarh, Madhya Pradesh,
State(s) Jharkhand Bihar, Pondicherry, West
Bengal, Karnataka
No. of 237
TIER I MFI

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

Name of the Forum for Rural Environment and


Organization Economic Development (FREED)
Legal Form Society
State Head Kerala
Quarter
Head of the Mr. P.J Mathew
Institution & New Bazar, Alappuzha 01,
Contact Details PIN : 688 001, Ph: 9495240909
E-mail: alpfreed@gmail.com
Year of 1995
Establishment
Operating in 3
No. of State(s)
Name of the Kerala,TamilNadu, Karnadaka
Operating
State(s)
No. of 2
Branch(es)
No. of Staff 29
TIER III MFI

Products & Micro Finance,Micro insurance, and


Services entrepreneuring
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 3.55
Portfolio (Rs in
Crore)*
Managed/Secur 1.62
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 5.17
Portfolio (Rs in
Crore)*

* as of December 2015

88 Directory of Micofinance Institutions (MFIs) in India


Kerala
Name of the Integrated Development Centre (IDC)
Organization
Legal Form Society
State Head Kerala
Quarter
Head of the Mr. K.K.M. Haneef
Institution & K C Tower, Near Police Station,
Contact Details Thamarassery PO, Kozhikode Dist.,
Kerala- 673 573, Ph: 0495 2220300,
E-mail: idcthamarassery@gmail.com
Year of 1999
Establishment
Operating in 1
No. of State(s)
Name of the Kerala
Operating
State(s)
No. of 1
Branch(es) TIER II MFI
No. of Staff 12
Products & SHG Formation, Avaling Linage Loans
Services to SHGs, JLG formation, Farmers Club,
Offered Farmers Producer Company, MEDP
Projects, Health Projects, Service
Providing Centre for Women, Family
Counseling Centre, Youth Clubs etc.
Client Outreach 0.50
(in Lakh)*
Net Loan 3.57
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 3.57
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 89
Kerala

Name of the Jeevankiran


Organization
Legal Form Society
State Head Kerala
Quarter
Head of the Mr. Benny. K .Josep
Institution & Sreekrishna Temple Road, Poovani,
Contact Details Kolazhy, Thrissur, Kerala - 680 010,
Ph: 9995824787, 9446072787
E-mail: benjosephk@gmail.com
jeevankiran08@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Kerala
Operating
State(s)
No. of 5
TIER III MFI

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

90 Directory of Micofinance Institutions (MFIs) in India


Kerala
Name of the Life Foundation
Organization
Legal Form Trust
State Head Kerala
Quarter
Head of the Baby Mangalathu,
Institution & 5th Floor, Revenue Tower,
Contact Details Kothamangalam, Ernakulam (Dist)
Kerala, PIN - 686691, Ph: 9349868262,
0485 2822338
E-mail: lifefoundationindia@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Kerala
Operating
State(s)
No. of 3
Branch(es)
TIER III MFI

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

Name of the Welfare Services Ernakulam


Organization
Legal Form Society
State Head Kerala
Quarter
Head of the Fr. Paul Cherupilly,
Institution & Ponnurunni, Vyttila PO, Kochi, Kerala -
Contact Details 682 019, Ph: 0484-2344243,
0484-2535858
E-mail: wescocredit@gmail.com,
wseekm@gmail.com
Year of 2001
Establishment
Operating in 1
No. of State(s)
Name of the Kerala
Operating
State(s)
No. of 6
TIER II MFI

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

92 Directory of Micofinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Anupama Human Economic
Organization Development
Legal Form Section 8 Company (previously Section
25 Company)
State Head Madhya Pradesh
Quarter
Head of the Mrs. Shaila Tiwari,
Institution & B-218, Amar Jyoti Apartment,
Contact Details Shahpura, Bhopal , Madhya Pradesh
Ph: 9425173131, 9425362071
E-mail: ankita89@hotmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Madhya Pradesh
Operating
State(s)
No. of 2
Branch(es)
TIER III MFI

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

Name of the Bal Mahila Vikas Samiti (VAMA)


Organization
Legal Form Society
State Head Madhya Pradesh
Quarter
Head of the Mr. Indra Bhushan Verma
Institution & 9-C, Maharana Pratap Nagar, Usha
Contact Details Colony Jhansi Road, Near Jiwaji Club,
Lashkar, Gwalior - 09,
Ph: 0751 2457 438
E-mail: bmvs1988@yahoo.co.in
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the Madhya Pradesh
Operating
State(s)
No. of 2
TIER III MFI

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

94 Directory of Micofinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Lok Biradari Trust
Organization
Legal Form Trust
State Head Madhya Pradesh
Quarter
Head of the Mr. Ajay Naik
Institution & 14/2, Snehlataganj, Indore - 452003
Contact Details Madhya Pradesh, Ph: 731-2543941
E-mail: naik.indore@gmail.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the Madhya Pradesh
Operating
State(s)
No. of 5
Branch(es)
No. of Staff 18
TIER III MFI
Products & Micro Credit, Microinsurance (Non-
Services Health)
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 484.11
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 484.11
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 95
Madhya Pradesh

Name of the Sahayog Microfinance Ltd.


Organization
Legal Form NBFC-MFI
State Head Madhya Pradesh
Quarter
Head of the Dr. YSP Thorat
Institution & E-7/88, Lala Lajpat Rai Society, Arera
Contact Details Colony, Bhopal - 462016, Madhya
Pradesh, Ph: 755-4246330, 4279828,
4259062
E-mail: info@sahayogmicro.com
Year of 2009
Establishment
Operating in 4
No. of State(s)
Name of the Madhya Pradesh, Gujarat, Chattisgarh,
Operating Maharashtra
State(s)
No. of 43
TIER III MFI

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

96 Directory of Micofinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Samhita Community Development
Organization Services
Legal Form Section 8 Company (previously Section
25 Company)
State Head Madhya Pradesh
Quarter
Head of the Ms. Praseeda Kunam
Institution & G-2/258, Gulmohar Colony, Bawadia
Contact Details Kala, Shahpura, Bhopal,
Madhya Pradesh - 462039
Ph: 0755-4278606,
E-mail: info@samhita.co.in
Year of 2008
Establishment
Operating in 3
No. of State(s)
Name of the Madhya Pradesh, Uttar Pradesh,
Operating Chhattisgarh
State(s)
No. of 97
TIER II MFI

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

Name of the Swashrayee Mahila Sakha Sahakarita


Organization Maryadit
Legal Form Macs or Cooperative
State Head Madhya Pradesh
Quarter
Head of the Manorama Joshi
Institution & 59-B, Sudama Nagar, Annapurna Road,
Contact Details Indore - 452009 , Madhya Pradesh,
Ph: 07312484865
E-mail: smssmcoop@gmail.com
Year of 1989
Establishment
Operating in 1
No. of State(s)
Name of the Madhya Pradesh
Operating
State(s)
No. of 2
Branch(es)
TIER III MFI

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

98 Directory of Micofinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Yukti Samaj Sewa Society
Organization
Legal Form Society
State Head Madhya Pradesh
Quarter
Head of the Mr. Sanjay Tiwari
Institution & Ginny Compound Meenakshi Chowk,
Contact Details Hoshangabad- 461001, Madhya
Pradesh Ph: 9993183229,
E-mail : st_tiwari1977@yahoo.com
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Madhya Pradesh
Operating
State(s)
No. of 1
Branch(es) TIER III MFI
No. of Staff 4
Products & Micro Credit
Services
Offered
Client Outreach 0.003
(in Lakh)*
Net Loan 0.22
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 0.22
Portfolio (Rs in
Crore)*

* 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

Name of the Annapurna Mahila Co op Credit


Organization Society Ltd.
Legal Form Macs or Cooperative
State Head Maharashtra
Quarter
Head of the Dr. Medha Purao Samant,
Institution & "C" Wing, Shubham Heights, Off
Contact Details Mumbai-Bangalore Highway, Service
Road, Next to Runwal Project, Warje,
Pune - 411 058, Ph: 9552555209
E-mail :
secretary@annapurnapariwar.org
Year of 1993
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 21
TIER II MFI

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

102 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Asmita Institute for Development
Organization
Legal Form Society
State Head Maharashtra
Quarter
Head of the Ms. Sangeeta Gaikward
Institution & Plot No. 49, Venkateshwara Colony
Contact Details Agrawal Layout, Bhosa Road, Yavatmal
- 44500,1Ph. 09421770221
E-mail: asmitagytl@yahoo.com
Year of 2001
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 4
Branch(es) TIER III MFI
No. of Staff 50
Products & Micro credit, Micro insurance
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 1
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
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 103
Maharashtra

Name of the dMatrix Development Foundation


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

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

104 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the G.B.P.Nobel Microfinances
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Maharashtra
Quarter
Head of the Mr. Farukpasha Shaikh
Institution & Samrat Chowk, Behind Sagar Car
Contact Details Decor, Latur 413512. Maharashtra
Ph : 9270116216
E-mail:
nobel.microfinances@gmail.com
Year of 2012
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 10
TIER III MFI

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

Name of the Grameen Mahila Swayamsiddha


Organization Sangha
Legal Form Society
State Head Maharashtra
Quarter
Head of the Ms. Kaushalya Thigale (CEO), Ms.
Institution & Seetabai Jadhav (President)
Contact Details Nandai Apartment, Brhaman Ali,
Rajgurunagar, Maharashtra,
E-mail: graminmahila55@yahoo.in,
kaushalyat@chaitanyaindia.org
Year of 1991
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 1
TIER III MFI

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

106 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Hindusthan Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. Anil Jadhav
Institution & Hindusthan Bhavan,1st Floor,
Contact Details Ambedkar Nagar, Kurla-Andheri Road,
Jarimari, Kurla (w), Mumbai - 400072.
Ph: 9619879308
E-mail:
ganesh.hankare@hindusthanmfi.com
Year of 2008
Establishment
Operating in 3
No. of State(s)
Name of the Maharashtra, Odisa, Madhya Pradesh
Operating
State(s)
No. of 34
TIER III MFI

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

Name of the Institute of Rural Credit &


Organization Entrepreneurship Development
Legal Form Society
State Head Maharashtra
Quarter
Head of the Mr. Kiran Kulkarni
Institution & IRCED Bhavan, Old Dhamni Road, Kunte
Contact Details Mala, Mahavir Colony, Sangli - 416 416
Ph: 0233 - 2321190, 09422407929,
E-mail: san_irced@sancharnet.in,
irced2007@yahoo.co.in
Year of 2005
Establishment
Operating in 2
No. of State(s)
Name of the Maharashtra, Karnataka
Operating
State(s)
No. of 6
TIER III MFI

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

108 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Intrepid Finance and Leasing Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. Vipr Bhardawaj
Institution & Plot 38/39, Tarun Bharat,
Contact Details Sector 30, Sanpada (W),
Navi Mumbai - 400705,
Ph: 022-41613466,
E-mail: saahil.juneja@finopaytech.com
Year of 1994
Establishment
Operating in 5
No. of State(s)
Name of the Maharashtra, Madhya Pradesh, Uttar
Operating Pradesh, Bihar, Karnataka
State(s)
No. of 117
Branch(es)
TIER II MFI

No. of Staff 453


Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 1.92
(in Lakh)*
Net Loan 214.78
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 214.78
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 109
Maharashtra

Name of the L&T Finance Limited


Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. Dinanath Dubhashi
Institution & L&T Houses, NM Marg, Ballard Estate,
Contact Details Mumbai - 400001, Ph: 022-67525656
E-mail: abhay@indiamicrofinance.com
Year of 2008
Establishment
Operating in 8
No. of State(s)
Name of the Gujarat, Karnataka, Maharashtra,
Operating Odisha, Tamil Nadu, West Bengal
State(s)
No. of 400
Branch(es)
No. of Staff 2460
TIER I MFI

Products & Micro Credit, Micro Insurance


Services
Offered
Client Outreach 14.74
(in Lakh)*
Net Loan 1700.22
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1700.22
Portfolio (Rs in
Crore)*

* as of December 2015

110 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the M Power Micro Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. K M Vishwanathan
Institution & B/212, Arjun Centre, Plot No.231,
Contact Details Govandi Station Road, Govandi,
Mumbai - 400088, Ph: 022-25504357,
E-mail:contact@mpowermicro.com
Year of 2009
Establishment
Operating in 3
No. of State(s)
Name of the Gujarat, Maharashtra, Rajasthan
Operating
State(s)
No. of 22
Branch(es) TIER II MFI
No. of Staff 211
Products & Micro Credit
Services
Offered
Client Outreach 0.68
(in Lakh)*
Net Loan 108.72
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 108.72
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 111
Maharashtra

Name of the Muthoot Microfin Limited


Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. Sadaf Sayeed
Institution & 13th Floor, Parinee Crescenzo, Bandra
Contact Details Kurla Complex, Bandra East, Mumbai-
400051, Ph: 022-30941444,
8589987624
E-mail: sadaf.sayeed@muthoot.com,
info@muthootmicrofin.com
Year of 2012
Establishment
Operating in 3
No. of State(s)
Name of the Kerala, Tamil Nadu, Karnataka
Operating
State(s)
TIER II MFI

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

112 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Sahara Gramin Mahila Swayamsiddha
Organization Sangh
Legal Form Trust
State Head Maharashtra
Quarter
Head of the Ms. Yogita Kokani (President),
Institution & Ms. Kalpana Pant (Board Member)
Contact Details At/Post/Taluk : Sinnar, Dist: Nashik ,
Maharashtra, Ph: 9850153574,
E-mail: saharasinnar@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 1
Branch(es) TIER III MFI
No. of Staff 6
Products & Savings, Credit, Insurance
Services
Offered
Client Outreach 0.03
(in Lakh)*
Net Loan 1.70
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 1.70
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 113
Maharashtra

Name of the Sakhi Samudaya Kosh


Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Maharashtra
Quarter
Head of the Mr. Rajesh Badakh
Institution & Plot No. 56 B, Behind Lokhandwala
Contact Details Vihar, Hotgi Road, Solapur,
Ph: 0217 2602907,
E-mail: sskmfsolapur@gmail.com,
rajeshbadakh@gmail.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
TIER III MFI

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

114 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Sampada Entrepreneurship &
Organization Livelihoods Foundation
Legal Form Section 8 Company (previously Section
25 Company)
State Head Maharashtra
Quarter
Head of the Mr. Crispino Lobo
Institution & Plot No 10, S.No 18, Chahurana BK,
Contact Details Behind Market Yard, Ahmednagar,
Maharashtra, Ph: 0241 2451311,
E-mail: self@sampada.org
Year of 2013
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 7
Branch(es)
TIER III MFI

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

Name of the Samruddhi Welfare Development


Organization Foundation
Legal Form Section 8 Company (previously Section
25 Company)
State Head Maharashtra
Quarter
Head of the Mrs. Harvinder Bedi
Institution & Flat No.2, Pooja Heritage, Plot No.46,
Contact Details Anand Park, Lane No.3, Aundh, Pune -
411 007,Maharashtra,
Ph: 02025887524
E-mail: samruddhiwdf@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
TIER III MFI

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

116 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Sankalp Gramin Mahila Swayamsiddha
Organization Sangha
Legal Form Society
State Head Maharashtra
Quarter
Head of the Mr. Nurbano Baraskar (President),
Institution & Ms. Kalpana Pant ( Board Member)
Contact Details Bodakenagar Junnar, Junnar Taluk,
Dist: Pune, Maharashtra,
Ph: 9850153574,
E-mail: sankalpjunnar@gmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Mharashtra
Operating
State(s)
No. of 1
Branch(es)
TIER III MFI

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

Name of the Stree Shakti Gramin Mahila


Organization Swayamsiddha Sangh
Legal Form Society
State Head Maharashtra
Quarter
Head of the Ms. Meena Yenaren (President),
Institution & Ms. Kalpana Pant (Board Member),
Contact Details At Post: Supa, Taluk: Parner,
Dist: Pune, Maharashtra,
Ph: 9850153574,
E-mail: streeshaktisupa@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
No. of 1
TIER III MFI

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

118 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Suryoday Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. Baskar Babu
Institution & 1101, Sharda Terraces
Contact Details Plot 65 Sector 11 CBD Belapur, Navi
Mumbai- 400 614, Ph: 022-40435800
E-mail: info@suryodaymf.com
Year of 2009
Establishment
Operating in 8
No. of State(s)
Name of the Gujarat, Karnataka, Madhya Pradesh,
Operating Maharashtra, Odisha, Puducherry,
State(s) Rajasthan, Tamil Nadu
No. of 174
Branch(es)
No. of Staff 1636
TIER I MFI

Products & Micro Credit, Business Correspondent


Services
Offered
Client Outreach 6.41
(in Lakh)*
Net Loan 798.21
Portfolio (Rs in
Crore)*
Managed/Secur 19.25
itized Portfolio
(Rs in Crore)*
Out of Managed 1.468
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 17.46
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 119
Maharashtra

Name of the Svasti Microfinance Pvt. Ltd.


Organization
Legal Form NBFC
State Head Maharashtra
Quarter
Head of the Mr. P Arunkumar
Institution & 346/348, 2nd Floor, ' Dreams The Mall,
Contact Details LBS Marg, Near Bhandup Station,
Bhandup West, Mumbai- 400 078
Ph: 22 6141 5900,
E-mail: info@svasti.in
Year of 2013
Establishment
Operating in 2
No. of State(s)
Name of the Madhya Pradesh, Maharashtra
Operating
State(s)
No. of 46
TIER III MFI

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

120 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Svatantra Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Ms. Ananya Birla
Institution & 20th Floor, Sunshine Towers,
Contact Details Senapati Bapat Marg, Elphinstone
Road (W), Mumbai - 400 013
Ph: 91 22 6141 5900
E-mail: info@svatantra.adityabirla.com
Year of 2013
Establishment
Operating in 2
No. of State(s)
Name of the Madhya Pradesh, Maharashtra
Operating
State(s)
No. of 46
Branch(es)
TIER II MFI

No. of Staff 362


Products & Micro Credit
Services
Offered
Client Outreach 0.63
(in Lakh)*
Net Loan 74.85
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 74.85
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 121
Maharashtra

Name of the Unnati Microfin Private Limited


Organization
Legal Form NBFC-MFI
State Head Maharashtra
Quarter
Head of the Mr. Hanumant Balwant Ranjane
Institution & 2302, 23rd Floor, G Square Business
Contact Details Park, Sec-30, Vashi, Navi Mumbai - 400
705, Opp. Sanpada Rly. Station.
Maharashtra, Ph: 022 - 2784
1450/6561 9802
E-mail: soccpt@gmail.com
Year of 2012
Establishment
Operating in 1
No. of State(s)
Name of the Maharashtra
Operating
State(s)
TIER III MFI

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

122 Directory of Micofinance Institutions (MFIs) in India


Maharashtra
Name of the Valar Aditi Social Finance Pvt. Ltd.
Organization
Legal Form NBFC
State Head Maharashtra
Quarter
Head of the Bro. I. Sebastian,
Institution & 102, Aranjit Studio Complex,Dada
Contact Details Sahed Phalkey Road, Dadar,
Mumbai 400014, Maharashtra,
Ph: 9442642486,
E-mail: valaradit@gmail.com
Year of 2010
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Puduchery
Operating
State(s)
No. of 8
Branch(es)
TIER III MFI

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

Name of the Yashwardhini Gramin Mahila


Organization Swayamsiddha Sangha
Legal Form Society
State Head Maharashtra
Quarter
Head of the Ms. Alka Dongare (President), Ms.
Institution & Suhas Wagh (Federation Manager)
Contact Details At post: Ghodegaon, Ambegaon Taluk,
Dist: Pune, Maharashtra,
Ph: 9405030875, 09767495282,
E-mail:
yashwardhiniambegaon@gmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Mharashtra
Operating
State(s)
TIER III MFI

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

124 Directory of Micofinance Institutions (MFIs) in India


Manipur
Name of the Chanura Microfin Manipur
Organization
Legal Form Society
State Head Manipur
Quarter
Head of the Mr. P K. Khuman
Institution & Hodam Leirak Machin Airport Road,
Contact Details Opposite Tiddim Oil PumpImphal
West-795001, Manipur
Ph. 0385 2445799, 9436038679
E-mail: chanura_microfin@yahoo.co.in,
info@chanura.com
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Manipur
Operating
State(s)
No. of 5
TIER III MFI

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

Name of the North East Region Finservices Ltd.


Organization
Legal Form NBFC-MFI
State Head Manipur
Quarter
Head of the Mr. Keishing James Lalrongbawl
Institution & Jim Blessing Home, Ground Floor
Contact Details Sangaiprou, Airport Road,
Imphal- 795001, Manipur
Ph: 011-25614164
E-mail:
corporatefinance@nerefs.co.in
Year of 2004
Establishment
Operating in 11
No. of State(s)
Name of the Assam, Manipur, Mizoram, Nagaland,
Operating Arunachal Pradesh, Tripura,Meghalaya,
State(s) Delhi, Uttrakhand, Punjab, Karnataka
TIER II MFI

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

126 Directory of Micofinance Institutions (MFIs) in India


Manipur
Name of the Organisation for Rural Improvement
Organization
Legal Form Society
State Head Manipur
Quarter
Head of the Mr. Pirbanda
Institution & Phoijing Chingmang Nambol,
Contact Details Bishnupur District, Manipur - 795134
Ph: 0385-2453450
E-mail: ori_nbl@yahoo.com
Year of 2003
Establishment
Operating in 1
No. of State(s)
Name of the Manipur
Operating
State(s)
No. of 5
Branch(es) TIER III MFI
No. of Staff 27
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 0.80
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 0.80
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 127
Manipur

Name of the Volunteers For Village Development


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

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

128 Directory of Micofinance Institutions (MFIs) in India


Manipur
Name of the WSDS-Institute of Innovative
Organization Technology Transfer & Environment
Legal Form Society
State Head Manipur
Quarter
Head of the Mr. Lamkhomang Kipgen
Institution & Gollut Gens, New Lambulane,
Contact Details Imphal East - 795001 (Manipur)
Ph: 0385-2442730
E-mail: wsds_imp@rediffmail.com,
lam_mang2001@yahoo.com
Year of 2007
Establishment
Operating in 2
No. of State(s)
Name of the Manipur, Mizoram
Operating
State(s)
No. of 8
Branch(es)
TIER III MFI

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

Name of the YVU Financial Services Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Manipur
Quarter
Head of the Mr. Akoijam Tikendrajit Singh
Institution & Waiview Bhavan, Thoubal
Contact Details Wangmatabal, Thoubal, Manipur -
795138, Ph: 8974026603
E-mail: akbikendrajit29@gmail.com
Year of 2007
Establishment
Operating in 2
No. of State(s)
Name of the Assam, Manipur
Operating
State(s)
No. of 7
Branch(es)
TIER III MFI

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

130 Directory of Micofinance Institutions (MFIs) in India


Manipur
Name of the YVU Microfin
Organization
Legal Form Trust
State Head Manipur
Quarter
Head of the Mr. Akoijam Tikendrajit Singh
Institution & Waiview Bhavan, Thoubal
Contact Details Wangmatabal, Thoubal, Manipur -
795138, Ph: 8974026603
E-mail: akbikendrajit29@gmail.com
Year of 2007
Establishment
Operating in 2
No. of State(s)
Name of the Manipur, Assam
Operating
State(s)
No. of 7
Branch(es) TIER III MFI
No. of Staff 52
Products & Micro Credit
Services
Offered
Client Outreach 0.05
(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
Directory of Micofinance Institutions (MFIs) in India 131
Odisha

Name of the Adhikar


Organization
Legal Form Society
State Head Odisha
Quarter
Head of the Mohammad N. Amin,
Institution & Plot No. 77/180/970, Subudhipur,
Contact Details Post: Tamando, Bhubaneswar,
PIN-752054, Odisha,
Ph: 0674-2475087, 2475173
E-mail: amin@adhikarindia.org
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 10
TIER III MFI

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

132 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Adhikar Microfinance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Odisha
Quarter
Head of the Mohammad N. Amin,
Institution & Plot No. 77/180/970, Subudhipur
Contact Details Bhubaneswar-751019, Odisha
Ph: 0674-2475087, 2475173
E-mail : amin@adhikarindia.org
Year of 2008
Establishment
Operating in 2
No. of State(s)
Name of the Odisha, Gujarat
Operating
State(s)
No. of 50
Branch(es) TIER II MFI
No. of Staff 246
Products & Micro Credit, Water & Sanitation,
Services Pension, Housing & Energy
Offered
Client Outreach 0.61
(in Lakh)*
Net Loan 18.20
Portfolio (Rs in
Crore)*
Managed/Secur 39.81
itized Portfolio
(Rs in Crore)*
Out of Managed 39.81
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 58.01
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 133
Odisha

Name of the Annapurna Microfinance Pvt. Ltd


Organization
Legal Form NBFC-MFI
State Head Odisha
Quarter
Head of the Mr. Gobinda Chandra Pattanaik,
Institution & Plot No: 1215/1401, Khandagiri Bari,
Contact Details Infront of Jayadev Vatika,
Bhubaneswar - 751030
Ph: 06742116130,
E-mail: info@ampl.net.in
Year of 2010
Establishment
Operating in 7
No. of State(s)
Name of the Odisha, Jharkand, Bihar, Rajastan,
Operating Chhatishgarh , Madhya Pradesh,
State(s) Maharastra
No. of 168
TIER I MFI

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

134 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Darabar Sahitya Sansad
Organization
Legal Form Society
State Head Odisha
Quarter
Head of the Mr. Kedeshwar Chaudhary
Institution & Vikash Bhawan, At- Dodhua, Post-
Contact Details Dalakasoti, via Balipatna, Dist: Khurda,
Odisha - 752102, Ph: 9861022440
E-mail: darbar4@rediffmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 1
Branch(es) TIER III MFI
No. of Staff 9
Products & Micro Credit
Services
Offered
Client Outreach 0.02
(in Lakh)*
Net Loan 0.66
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 0.66
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 135
Odisha

Name of the G U Financial Services Pvt. Ltd.


Organization
Legal Form NBFC
State Head Odisha
Quarter
Head of the Mr. Nilachal Pradhan
Institution & Kalyani Bhawan, Plot No-606/2112,
Contact Details Bharat Villa, At- Rudrapur, Po-
Naharakanta, Via- Balianta,
Bhubaneswar, PIN-752101
Ph: 9937328483,
E-mail: npradhan@gufinance.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the
Operating Odisha
State(s)
TIER III MFI

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

136 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Gram Utthan
Organization
Legal Form Society
State Head Odisha
Quarter
Head of the Mr. Govind Chandra Dash
Institution & Plot No- 606/2112, Bharat Villa,
Contact Details Rudrapur, Naharkanta, Bhubaneswar-
752101, Odisha, Ph: 0674-2463364,
E-mail:gramutthanngo@rediffmail.com
Year of 1996
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 21
Branch(es) TIER III MFI
No. of Staff 33
Products & Micro Credit, Insurance, Micro Health,
Services Migration Services, Relief in
Offered emergency, Health inclusion, Financial
Literary, Livelihood promotion
Client Outreach 0.46
(in Lakh)*
Net Loan 12.49
Portfolio (Rs in
Crore)*
Managed/Secur 24.52
itized Portfolio
(Rs in Crore)*
Out of Managed 24.52
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 37.01
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 137
Odisha

Name of the Khandagiri Madhyamika Mahila


Organization Samabaya Sangha
Legal Form Macs or Cooperative
State Head Odisha
Quarter
Head of the Mr. Nagen Bihari Moharana
Institution & Plot No. 192, Dharma Vihar Khandagiri
Contact Details Po- Khandagiri, Bhubaneswar- 751030,
Odisha, Ph: 7873380762, 09338889998
E-mail: kmmss_orissa@yahoo.co.in
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 1
Branch(es)
TIER III MFI

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

138 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Mahashakti Foundation
Organization
Legal Form Trust
State Head Odisha
Quarter
Head of the Mr. Jugal Kishore Pattnaik
Institution & Sanchaya Shakti Bhawan, Madanpur
Contact Details Rampur 766102, Dist. - Kalahandi,
Odisha, Ph: 6676-250507,
E-mail:
mahashakti@mahashaktiindia.org,
jugal@mahashaktimfi.com
Year of 2005
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 19
TIER III MFI

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

Name of the Organisation for Development of


Organization Integrated Social and Health Action
(ODISHA)
Legal Form Society
State Head Odisha
Quarter
Head of the Mr. Gopal Chandra Sahoo
Institution & Lingipur, PO-Sisupalagarh,
Contact Details Bhubaneswar-751002, Near Sisupal
Garh High School, Ph: 0674-2343317
E-mail: odisha_gs@yahoo.co.in
Year of 1997
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 25
TIER III MFI

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

140 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the People's Forum
Organization
Legal Form Society
State Head Odisha
Quarter
Head of the Mr. Gobinda Chandra Pattanaik
Institution & HIG-44, Dharma Vihar, Bhubanshwar-
Contact Details 751030, PIN- 751030, Odisha
Ph: 0674-2351688
E-mail: bandita@peoplesforum.in
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 43
Branch(es) TIER II MFI
No. of Staff 280
Products & Micro Credit, Livelihood , Business
Services Correspondent, Promotion, Housing &
Offered Energy Health & Sanitation, Education,
Capacity Building & Training,
Client Outreach 1.35
(in Lakh)*
Net Loan 127.48
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 127.48
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 141
Odisha

Name of the Prasad Foundation


Organization
Trust
Legal Form Odisha
State Head
Quarter Mr. Babula Kumar Prasad
Head of the At - C. T. Road, Nua Sahi, Puri-752002,
Institution & Odisha, Ph:9937158789
Contact Details E-mail: rasadmultiprojects@gmail.com,
prasadfoundation@yahoo.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 2
Branch(es)
TIER III MFI

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

142 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Sambandh Finserve Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Odisha
Quarter
Head of the Mr. Deepak Kindo
Institution & Plot no -7,Sindh Colony, Mission Hata,
Contact Details Rajganagpur,District-Sundargarh
Odisha - 770017
Ph: 0661-2664108, 9338204420
E-mail: contactus@sambandhfin.com
Year of 2006
Establishment
Operating in 3
No. of State(s)
Name of the Odisha, Chhattisgarh, Jharkhand
Operating
State(s)
No. of 21
Branch(es)
TIER II MFI

No. of Staff 241


Products & Micro Credit
Services
Offered
Client Outreach 0.55
(in Lakh)*
Net Loan 57.26
Portfolio (Rs in
Crore)*
Managed/Secur 10.38
itized Portfolio
(Rs in Crore)*
Out of Managed 10.38
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 67.64
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 143
Odisha

Name of the Social Action for Rural Community


Organization (SARC)
Society
Legal Form Odisha
State Head
Quarter Mr. Ashok Kumar Panigrahi
Head of the Budulapali, PO: Puruapani, Via:
Institution & Kuchinda, District: Sambalpur -
Contact Details 768222, Odisha, Ph: 0663 - 2412263
E-mail : sarc6607@rediffmail.com
Year of 2002
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 2
Branch(es)
TIER III MFI

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

144 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Swayamshree Micro Credit Services
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Odisha
Quarter
Head of the Mr. Parashuram Nayak
Institution & Plot No. 549/2126, Patia,
Contact Details Bhubaneswar - 751030, Odisha
Ph: 0674-2302646, 0674-6552646,
9437016005
E-mail:smcs2003@gmail.com
Year of 2004
Establishment
Operating in No. 1
of State(s)
Name of the Odisha
Operating
State(s)
No. of 24
Branch(es)
No. of Staff 124
TIER II MFI

Products & Micro Credit, Insurance service, capacity


Services Offered building support ( Financial inclusion
programme, skill building training,
workshop, Marketing support, awareness
campaign etc., NPS - Agreegator of
PFRDA, SBI- Business Correspondent for
assets product, Business Correspondent
of IDBI for loan product, Green Energy,
Health & Sanitation, Housing loan from
NABARD
Client Outreach 1.32
(in Lakh)*
Net Loan 23.40
Portfolio (Rs in
Crore)*
Managed/Securi 8.18
tized Portfolio
(Rs in Crore)*
Out of Managed 8.18
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 31.58
Portfolio (Rs in
Crore)*
* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 145
Odisha

Name of the Swayanshree Mahila Samabaya Ltd.


Organization
Legal Form Macs or Cooperative
State Head Odisha
Quarter
Head of the Ms. Nayana Mohanty,
Institution & At:- Badambadi (Near Special Primary
Contact Details School), Po.- Arunodaya Market,
Dist. Cuttack, Pin 753012,
Ph: 09937192753
E-mail: swayanshree_ctc@yahoo.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the Odisha
Operating
State(s)
No. of 3
TIER III MFI

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

146 Directory of Micofinance Institutions (MFIs) in India


Odisha
Name of the Sambandh Finserve Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Odisha
Quarter
Head of the Mr. Deepak Kindo
Institution & Plot no -7,Sindh Colony, Mission Hata,
Contact Details Rajganagpur,District-Sundargarh
Odisha - 770017
Ph: 0661-2664108, 9338204420
E-mail: contactus@sambandhfin.com
Year of 2006
Establishment
Operating in 3
No. of State(s)
Name of the Odisha, Chhattisgarh, Jharkhand
Operating
State(s)
No. of 21
Branch(es)
TIER II MFI

No. of Staff 241


Products & Micro Credit
Services
Offered
Client Outreach 0.55
(in Lakh)*
Net Loan 57.26
Portfolio (Rs in
Crore)*
Managed/Secur 10.38
itized Portfolio
(Rs in Crore)*
Out of Managed 10.38
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 67.64
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 147
Punjab

Name of the Midland Microfin Ltd.


Organization
Legal Form NBFC - MFI
State Head Punjab
Quarter
Head of the Mr. Amardeep Singh Samra
Institution & 2nd Floor, Gobind Niwas, 36 G.T. Road,
Contact Details Jalandhar - 144001, Punjab,
Ph: 9815466011
Email:
amardeep@midlandmicrofin.com
Year of 2011
Establishment
Operating in 3
No. of State(s)
Name of the Punjab, Haryana, Rajasthan,
Operating Chandigarh
State(s)
No. of 38
TIER II MFI

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

148 Directory of Micofinance Institutions (MFIs) in India


Rajasthan
Name of the Arth Micro Finance Pvt. Ltd.
Organization
Legal Form NBFC-MFI
State Head Rajasthan
Quarter
Head of the Mr. Pramod K Paliwal
Institution & A-64,Residential Colony,Sitapura
Contact Details Industrial Area, Tonk Road,
Jaipur- 302022, Ph: 9414079501,
E-mail: arth@arthfinance.com
Year of 2008
Establishment
Operating in 4
No. of State(s)
Name of the Rajasthan, Madhyapradesh, Punjab,
Operating Harayana
State(s)
No. of 22
Branch(es) TIER III MFI
No. of Staff 118
Products & Micro Credit
Services
Offered
Client Outreach 0.14
(in Lakh)*
Net Loan 13.36
Portfolio (Rs in
Crore)*
Managed/Secur 26.55
itized Portfolio
(Rs in Crore)*
Out of Managed 26.55
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 39.91
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 149
Rajasthan

Name of the Digamber Capfin Ltd.


Organization
Legal Form NBFC-MFI
State Head Rajasthan
Quarter
Head of the Mr. Amit Jain,
Institution & 2nd Floor, "Anand Moti", J-54,55,
Contact Details Gopalpura, Tonk Road, Jaipur
Ph: 0141-2700233-234, 9549220222,
E-mail:
amit.jain@digamberfinance.com
Year of 2009
Establishment
Operating in 5
No. of State(s)
Name of the Rajasthan, Madhya Pradesh,
Operating Maharashtra, Gujarat, Chhattisgarh
State(s)
No. of 47
TIER II MFI

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

150 Directory of Micofinance Institutions (MFIs) in India


Rajasthan
Name of the Hanuman Van Vikas Samiti
Organization
Legal Form Society
State Head Rajasthan
Quarter
Head of the Mr. Rajkaran Yadav
Institution & Village/post - Sakroda, Vai - Zinc
Contact Details Smelter Udaipur 313024, Rajasthan
Ph:0294-2802283
E-mail: hvvs@rediffmail.com
Year of 1986
Establishment
Operating in 1
No. of State(s)
Name of the Rajasthan
Operating
State(s)
No. of 8
Branch(es) TIER III MFI
No. of Staff 9
Products & Micro Credit
Services
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 9.73
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 9.73
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 151
Rajasthan

Name of the Matashree Gomati Devi Jan Seva Nidhi


Organization (MSGD)
Legal Form Trust
State Head Rajasthan
Quarter
Head of the Mr. V. P.Sharma
Institution & 68 Panchwati, Scheme No.-07, Alwar,
Contact Details Rajasthan - 301001
Ph: 0144- 2702230, 2702232
E-mail -msgdppc@rediffmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the Rajasthan
Operating
State(s)
No. of 10
Branch(es)
TIER III MFI

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

152 Directory of Micofinance Institutions (MFIs) in India


Rajasthan
Name of the Planned Social Concern
Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Rajasthan
Quarter
Head of the Mr. Ravi Gupta,
Institution & G-76 HarshPath, Shyam Nagar, Jaipur,
Contact Details Rajasthan, Ph: 01412297864
E-mail:- ravi@pscindia.org,
info@pscindia.org
Year of 2007
Establishment
Operating in 1
No. of State(s)
Name of the Rajasthan
Operating
State(s)
No. of 4
Branch(es)
TIER III MFI

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

Name of the Pustikar Sakh Sahakari Samiti Ltd.


Organization
Legal Form Macs or Cooperative
State Head Rajasthan
Quarter
Head of the Mr. Amar Chand Purohit
Institution & 10/9 Chopasni Housing Board ,
Contact Details Jodhpur, Rajasthan, Ph: 0291-2790597
E-mail: pustikar@yahoo.com
Year of 1996
Establishment
Operating in 3
No. of State(s)
Name of the Rajasthan,Maharashtra and Andhra
Operating Pradesh
State(s)
No. of 9
Branch(es)
No. of Staff 65
TIER III MFI

Products & Micro Credit and Saving


Services
Offered
Client Outreach 0.07
(in Lakh)*
Net Loan 145.78
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 145.78
Portfolio (Rs in
Crore)*

* as of December 2015

154 Directory of Micofinance Institutions (MFIs) in India


Rajasthan
Name of the Surbhi Women Multipurpose
Organization Cooperative
Legal Form Macs or Cooperative
State Head Rajasthan
Quarter
Head of the Mrs. Sudha Pandey
Institution & H.No: 8, Opposite Ganesh Dairy, New
Contact Details Housing Board Link Road, Banswara,
Rajasthan - 327001, Ph: 9001600709
E-mail : surbhi.sudha@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Rajasthan
Operating
State(s)
No. of 1
Branch(es) TIER III MFI
No. of Staff 3
Products & Micro Credit, Thrift & Microsaving
Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.04
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 0.04
Portfolio (Rs in
Crore)*

* 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

Name of the Belstar Investment Finance Pvt. Ltd


Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Dr. Kalpana Sankar
Institution & No 33, 48th Street, 9th Avenue, Ashok
Contact Details Nagar, Chennai - 600083
Ph: 044-45544024
E-mail: kalpana.sankar@hihindia.org
Year of 2008
Establishment
Operating in 5
No. of State(s)
Name of the Karnataka, Madya Pradesh,
Operating Maharashtra, Tamil nadu &
State(s) Pondicherry
No. of 69
Branch(es)
TIER II MFI

No. of Staff 514


Products & Enterprise loan, Education Loan, House
Services Improvement, Sanitation loan
Offered
Client Outreach 1.92
(in Lakh)*
Net Loan 218.18
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 218.18
Portfolio (Rs in
Crore)*

* as of December 2015

158 Directory of Micofinance Institutions (MFIs) in India


Tamil Nadu
Name of the Bharathi Women Development Centre
Organization
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. Nagarajan.M Bharathi,
Institution & Kattur & post, Manakkal Ayyampettai-
Contact Details Via, Thiruvarur District, Tamil Nadu-
610104, Ph: 04366-244377,
9942985600,
E-mail: info@bharathiwomen.org
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 6
Branch(es)
TIER III MFI

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

Name of the Blaze Trust


Organization
Legal Form Trust
State Head Tamil Nadu
Quarter
Head of the Mr. V. Sharavana Kumar,
Institution & No. 30, Mummu Naicker Street, P.N.
Contact Details Pudur, Coimbatore - 641 041,
Tamil Nadu, Ph: 8940407902|
E-mail: blazetrust@gmail.com
Year of 2005
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Kerala
Operating
State(s)
No. of 5
Branch(es)
TIER III MFI

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

160 Directory of Micofinance Institutions (MFIs) in India


Tamil Nadu
Name of the Bullock-cart Workers Development
Organization Association (BWDA)
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Dr. C. Joslin Thambi
Institution & 858, East Pondy Road, Villupuram 605
Contact Details 602. Villupuram District, Tamil Nadu,
Ph: 04146 -240683/243861
E-mail: mdbwda@gmail.com,
joslin@bwda.org.in
Year of 1985
Establishment
Operating in 3
No. of State(s)
Name of the Tamil Nadu, Pudhucherry, Andaman
Operating Nicbar Island
State(s)
No. of 34
Branch(es)
TIER III MFI

No. of Staff 328


Products & Future Genaral Insurance, TNVHA,
Services Family counseling, Childline, Water &
Offered Sanitation, TB awareness rogrammers,
Relief and Rehabilitation, Animal
Husbandry programmers, Health
programmers, Education programmers
Client Outreach 0.45
(in Lakh)*
Net Loan 3.69
Portfolio (Rs in
Crore)*
Managed/Secur 64.12
itized Portfolio
(Rs in Crore)*
Out of Managed 64.12
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 67.81
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 161
Tamil Nadu

Name of the BWDA Finance Limited


Organization
Legal Form NBFC
State Head Tamil Nadu
Quarter
Head of the Dr. C. Joslin Thambi
Institution & 858, East Pondy Road, Villupuram 605
Contact Details 602. Villupuram District, Tamil Nadu,
Ph: 04146 -240683/243861
E-mail: mdbwda@gmail.com,
joslin@bwda.org.in
Year of 2003
Establishment
Operating in 3
No. of State(s)
Name of the Tamil Nadu, Pondicherry, Andaman
Operating Nicobar Islands
State(s)
No. of 36
TIER III MFI

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

162 Directory of Micofinance Institutions (MFIs) in India


Tamil Nadu
Name of the CDC Microfinance Pvt. Ltd.
Organization
Legal Form NBFC
State Head Tamil Nadu
Quarter
Head of the Mr. P. Pandian
Institution & Main Road (Near Ghar Road),
Contact Details Genguvarpatti-Post, Theni-District,
Tamil Nadu, PIN - 625203
Ph: 04546 256538
E-mail: cdcmfi@gmail.com
cdcpan@yahoo.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 7
TIER III MFI
Branch(es)
No. of Staff 21
Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.21
(in Lakh)*
Net Loan 10.58
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 10.58
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 163
Tamil Nadu

Name of the Equitas Micro Finance Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. P.N.Vasudevan
Institution & Phase II, 4th Floor, F39, Spencer Plaza,
Contact Details No.769, Anna Salai, Chennai - 600 002
Ph: 044-42995000,
E-mail: corporate@equitas.in
Year of 2007
Establishment
Operating in 8
No. of State(s)
Name of the Gujarat, Karnataka, Maharashtra,
Operating Madhya Pradesh, Rajasthan, Tamil
State(s) Nadu, Pondicherry
No. of 469
Branch(es)
TIER I MFI

No. of Staff 7786


Products & Micro Credit, Micro Insurance,
Services Livelihood Promotion
Offered
Client Outreach 24.08
(in Lakh)*
Net Loan 23.20
Portfolio (Rs in
Crore)*
Managed/Secur 0
itized Portfolio
(Rs in Crore)*
Out of Managed 0
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 23.20
Portfolio (Rs in
Crore)*

* as of December 2015

164 Directory of Micofinance Institutions (MFIs) in India


Tamil Nadu
Name of the Grama Vidiyal Microfinance Ltd.
Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr.S. Devaraj,
Institution & No.09, Paripoorna Towers,
Contact Details Manoranjtham Street, Annamalai
Nagar, Tiruchirappalli-620018, Tamil
Nadu, Ph: 0431-4500000,
E-mail: contact@gvmfl.com
Year of 1984
Establishment
Operating in 7
No. of State(s)
Name of the Tamil Nadu, Madhya, Pradesh,
Operating Maharastra, Pondicherry,
State(s) Gujarat,Karnataka, Kerala
No. of 285
Branch(es)
TIER III MFI

No. of Staff 2809


Products & Micro Credit
Services
Offered
Client Outreach 10.65
(in Lakh)*
Net Loan 782.50
Portfolio (Rs in
Crore)*
Managed/Secur 308.99
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 1091.48Tier I
Portfolio (Rs in
Crore)*

* as of December 2015
Directory of Micofinance Institutions (MFIs) in India 165
Tamil Nadu

Name of the Gramalaya Microfin Foundation


Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Tamil Nadu
Quarter
Head of the Ms. Geetha Jegan
Institution & No. 2204, Maheswaram First Floor,
Contact Details Thiruvalluvar Avenue, Bikshandarkovil,
No. 1, Tolgate, Tiruchirapalli - 621 216,
Tamil Nadu, Ph: 0431- 4051767 ,
E-mail: geethagmf@gmail.com
Year of 2011
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 10
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 167


Tamil Nadu

Name of the Growing Opportunity Finance (India)


Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. Samuel Chandar
Institution & No. 73, Y Block, 6th Street, Anna
Contact Details Nagar, Chennai - 600 040, Tamil Nadu
Ph: 8754427240
E-mail: info@gopportunity.net
Year of 2006
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Chhatisgrah
Operating
State(s)
No. of 20
Branch(es)
No. of Staff 157
TIER II MFI

Products & Trust Bank Loans, Small Group Loan,


Services Virdhi Loan, Housing Improvement
Offered Loan
Client Outreach 0.60
(in Lakh)*
Net Loan 67.76
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 67.76
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 169


Tamil Nadu

Name of the Innovative Microfinance for Poverty


Organization Alleviation and Community
Transformation
Legal Form Section 8 Company (previously Section
25 Company)
State Head Tamil Nadu
Quarter
Head of the Mr. S. Suvisedagan Aruliah
Institution & 16, V.O.C. Main Road, Kodambakkam,
Contact Details Chennai- 600024, Ph: 044-24807235,
E-mail: suvi_aruliah@wvi.org
Year of 2005
Establishment
Operating in 3
No. of State(s)
Name of the Tamil Nadu, Kerala, Uttar Pradesh
Operating
State(s)
No. of 8
Branch(es)
TIER III MFI

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

No. of Staff 103


Products & Micro Credit, Micro Insurance
Services
Offered
Client Outreach 0.05
(in Lakh)*
Net Loan 7.15
Portfolio (Rs in
Crore)*
Managed/Secur 0.00
itized Portfolio
(Rs in Crore)*
Out of Managed 7.15
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 7.15
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 171


Tamil Nadu

Name of the Madura Micro Finance Ltd.


Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. M. Naryanan
Institution & 36, 2nd Main Road, Kasturba Nagar,
Contact Details Adyar, Chennai - 600 020.
Ph: 42116843, 42054369
E-mail - m.narayanan@mmfl.in
Year of 2005
Establishment
Operating in 4
No. of State(s)
Name of the Tamil Nadu, Karnataka, Maharashtra,
Operating Kerala
State(s)
No. of 183
Branch(es)
No. of Staff 1257
TIER I MFI

Products & Micro Credit, Education, Capacity


Services Building & Training
Offered
Client Outreach 3.85
(in Lakh)*
Net Loan 471.07
Portfolio (Rs in
Crore)*
Managed/Secur 5.86
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 476.93
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 173


Tamil Nadu

Name of the Mahasemam Trust


Organization
Legal Form Trust
State Head Tamil Nadu
Quarter
Head of the Dr. N. Sethuraman
Institution & 1 & 2, Lake Area, Uthangudi Post,
Contact Details Madurai - 625 107, Tamil Nadu,
Ph: 0452- 4210600, 4210601
E-mail: fcmahasemam@gmail.com
Year of 1999
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 41
Branch(es)
No. of Staff 308
TIER II MFI

Products & Micro Credit, Livelihood Promotion,


Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach 1.16
(in Lakh)*
Net Loan 80.77
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 80.77
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 175


Tamil Nadu

Name of the Namathu Deepam Micro Finance


Organization Services
Legal Form Section 8 Company (previously Section
25 Company)
State Head Tamil Nadu
Quarter
Head of the Mr. M. Krishnakumar
Institution & 260, Public Office Road, Velipalayam,
Contact Details Nagapattinam, Tamil Nadu
Ph: 04365-248998 , 9150150400,
9443317544,
E-mail:avvaikk@hotmail.com
Year of 2008
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Pudhucheri
Operating
State(s)
No. of 9
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 177


Tamil Nadu

Name of the OAZOANE The Society For


Organization Development Human Abilities and
Environment
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. D. K. Raajendran
Institution & 94/1, Agraharam, Aranthangi - 614
Contact Details 616, Pudukkottai (dt), Tamil Nadu,
South India, India, Ph: 04371- 270128 ,
9786204708 , 9787561508
E-mail: oazoane@yahoo.co.in
Year of 2003
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 2
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 179


Tamil Nadu

Name of the People's Action For Transformation


Organization (PAT)
Legal Form Trust
State Head Tamil Nadu
Quarter
Head of the Mr. R. Stephen Francis Xavier,
Institution & No.4, A-Block, St.Paul's Complex,
Contact Details Bharathiar Salai, Cantonment, Trichy -
620001, Ph: 0431 2413434
E-mail: pat_trichy@yahoo.com
Year of 2003
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 10
Branch(es)
No. of Staff 120
TIER III MFI

Products & Micro Credit, Micro Insurance, Micro


Services Pension
Offered
Client Outreach 0.06
(in Lakh)*
Net Loan 10.13
Portfolio (Rs in
Crore)*
Managed/Secur 37.38
itized Portfolio
(Rs in Crore)*
Out of Managed 37.38
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 47.51
Portfolio (Rs in
Crore)*

* 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

No. of Staff 478


Products & Micro Credit
Services
Offered
Client Outreach 1.58
(in Lakh)*
Net Loan 292.59
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 292.5
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 181


Tamil Nadu

Name of the Rural Education and Action


Organization Development (READ)
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. D. Selvam
Institution & 1926(5/58) Sakthi Vinayagar Street,
Contact Details Vilandai- Andimadam post, Ariyalur
District, Tamil Nadu - 621 801.
Ph: 04331-242483, 242283,
09443147164,
E-mail: readselvam@gmail.com&
readoffice@gmail.com.
Year of 2003
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 183


Tamil Nadu

Name of the S.M.I.L.E. Microfinance Ltd.


Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. M. Sathiyamoorthi,
Institution & No. 4/22, Dr. Natesan Road, (Opp:
Contact Details Police Training College), Ashok Nagar,
Chennai- 600083, Ph: 44 23718588,
42318049, E-mail: info@smileltd.in
Year of 2004
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Pondicherry
Operating
State(s)
No. of 86
Branch(es)
No. of Staff 537
TIER II MFI

Products & Micro Credit


Services
Offered
Client Outreach 1.68
(in Lakh)*
Net Loan 107.56
Portfolio (Rs in
Crore)*
Managed/Secur 35.17
itized Portfolio
(Rs in Crore)*
Out of Managed 0.00
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 142.73
Portfolio (Rs in
Crore)*

* 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

Products & Micro Credit, Business Correspondent,


Services Housing & Energy Health & Sanitation,
Offered Education, Capacity Building & Training
Client Outreach 0.03
(in Lakh)*
Net Loan 2.48
Portfolio (Rs in
Crore)*
Managed/Secur 0.02
itized Portfolio
(Rs in Crore)*
Out of Managed 0.02
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 2.50
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 185


Tamil Nadu

Name of the Sarvodaya Nano Finance Ltd.


Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. Asok Kumar,
Institution & 279, Avvai Shanmugam Salai
Contact Details Royopettai, Chennai-14, Tamil Nadu
Ph: 044-28131880
E-mail: info@sarvodayanano.org.in
Year of 2001
Establishment
Operating in 2
No. of State(s)
Name of the Tamil Nadu, Puducherry
Operating
State(s)
No. of 91
Branch(es)
No. of Staff 421
TIER II MFI

Products & Micro Credit


Services
Offered
Client Outreach 0.61
(in Lakh)*
Net Loan 42.88
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 42.88
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 187


Tamil Nadu

Name of the Society for Social Development


Organization
Legal Form Society
State Head Tamil Nadu
Quarter
Head of the Mr. J. George Joseph,
Institution & 7-4A, 8-1, Nangai Nagar, Sucheendrum,
Contact Details Kanyakumari District, Tamil Nadu,
Ph: 04652-245814, 09443164214,
E-mail: sosodmfi@hotmail.com,
sosod_social@rediffmail.com
Year of 1998
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 5
Branch(es)
TIER III MFI

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

No. of Staff 150


Products & Micro Credit
Services
Offered
Client Outreach 0.41
(in Lakh)*
Net Loan 62.61
Portfolio (Rs in
Crore)*
Managed/Secur 5.86
itized Portfolio
(Rs in Crore)*
Out of Managed 5.67
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 68.47
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 189


Tamil Nadu

Name of the Virutcham Microfinance Ltd.


Organization
Legal Form NBFC-MFI
State Head Tamil Nadu
Quarter
Head of the Mr. Jesudason
Institution & Ambedkar Cultural Academy (DACA)
Contact Details Mandela Nagar P.T.C. Post, Madurai
625 022, Tamil Nadu,
Ph: 0452-2690909, 9444408345
E-mail: Virutcham.vml@gmail.com,
rbirdjesu@hotmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the Tamil Nadu
Operating
State(s)
No. of 7
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 191


Telangana

Name of the Bhartiya Samruddhi Finance Ltd


Organization (Basix)
Legal Form NBFC
State Head Telangana
Quarter
Head of the Mr. Vijay Mahajan,
Institution & H.O: 3rd Floor, Surabhi Arcade, Troop
Contact Details Bazar, Koti, Hyderabad - 500001,
Telangana, Ph: 40-66585800-01
E-mail:info@basixindia.com
Year of 1996
Establishment
Operating in 15
No. of State(s)
Name of the Bihar,Chattisgarh, Delhi, Jharkhand,
Operating Karnataka, Madhya Pradesh,
State(s) Maharashtra, Meghalaya, Orissa,
Rajasthan, Sikkim, Tripura, Uttar
Pradesh, Uttarakhand, West Bengal
No. of 99
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 193


Telangana

Name of the Krishna Bhima Samruddhi Local Area


Organization Bank
Legal Form Local Area Bank
State Head Telangana
Quarter
Head of the Mr. Manmath Dalai
Institution & 7-5-108/B, 1st Floor, Venkateshwara
Contact Details Colony, Mahabubnagar-509002,
Telangana, Ph: 040 - 273383,84
E-mail: info@kbsbankindia.com
Year of 2001
Establishment
Operating in 3
No. of State(s)
Name of the Andhra Pradesh, Telangana, Karnataka
Operating
State(s)
No. of 19
Branch(es)
TIER II MFI

No. of Staff 357


Products & Micro Credit, Micro Insurance,
Services Remittance
Offered
Client Outreach 2.13
(in Lakh)*
Net Loan 143.55
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 143.55
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 195


Telangana

Name of the Share Microfin Ltd.


Organization
Legal Form NBFC-MFI
State Head Telangana
Quarter
Head of the Mr. M Udaia Kumar
Institution & 1-8-437 & 445, 7th Floor, Splendid
Contact Details Towers , Huda Road, Begumpet ,
Hyderabad - 500016, Telangana
Ph : 40 - 44648380,
E-mail: sml@ sharemicrofin.com
Year of 199
Establishment
Operating in 18
No. of State(s)
Name of the Andhra Pradesh, Telangana, Assam,
Operating Bihar, Chhattisgarh, Delhi, Gujarat,
State(s) Haryana, Jharkhand ,Karnataka ,
Odisha, Kerala, Madhya Pradesh,
Maharashtra, Rajasthan, Tamil Nadu,
Uttar Pradesh,Uttrakhand,West Bengal
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 197


Telangana

Name of the Spandana Sphoorty Financial Ltd.


Organization
Legal Form NBFC-MFI
State Head Telangana
Quarter
Head of the Mrs. Padmaja Reddy
Institution & Plot No: - 31 & 32, Ramky Selenium
Contact Details Towers, Tower A, Ground Floor,
Financial Dist, Nanakramguda,
Hyderabad 500032, Ph: 9000877745,
E-mail:
padmaja.reddy@spandanaindia.com
Year of 1998
Establishment
Operating in 12
No. of State(s)
Name of the Telangana, Andhra Pradesh, Madhya
Operating Pradesh, Karnataka, Maharashtra,
State(s) Odisha, Chattisgarh, Jharkhand,
Gujarath, Kerala, Goa, Uttar Pradesh
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 199


Uttar Pradesh

Name of the CASHPOR Micro Credit


Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Uttar Pradesh
Quarter
Head of the Mr. Mukul Jaisawal
Institution & B/4, D.I.G. Colony,Maqbool Alam
Contact Details Road,Near State Bank of India
Varanasi - 221002, Uttar Pradesh
Ph: 05422505590-92
E-mail: mdoffice@cashpor.in,
bs@cashpor.in
Year of 2002
Establishment
Operating in 5
No. of State(s)
Name of the Uttar Pradesh, Bihar, Chattisgarh,
Operating Jharkhand, Madhya Pradesh
State(s)
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 201


Uttar Pradesh

Name of the Futureage India Micro Credit Services


Organization
Legal Form Section 8 Company (previously Section
25 Company)
State Head Uttar Pradesh
Quarter
Head of the Mr. Sadanand Singh
Institution & B-2, M-148, SBI Colony, Sitapur Road
Contact Details Yojana , Lucknow-226020, (U.P)
Ph: 7706822504, 7706822502,
9889813065
E-mail:
fmbl.sadanandsingh@gmail.com,
fmbl.chandan@gmail.com
Year of 2014
Establishment
Operating in 1
No. of State(s)
Name of the Uttar Pradesh
Operating
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 203


Uttar Pradesh

Name of the Margdarshak Financial Services Ltd


Organization
Legal Form NBFC-MFI
State Head Uttar Pradesh
Quarter
Head of the Mr. Rahul J. Mittra
Institution & 118, Dayal Farms, Ganeshpur-
Contact Details Rehmanpur, Chinhat-Deva Road,
Lucknow, Ph: 0522-6506444
E-mail: margdarshak.lko@gmail.com
Year of 2013
Establishment
Operating in 4
No. of State(s)
Name of the Uttar Pradesh, Bihar, Haryana,
Operating Uttarakhand
State(s)
No. of 84
Branch(es)
TIER II MFI

No. of Staff 399


Products & Micro Credit
Services
Offered
Client Outreach 1.04
(in Lakh)*
Net Loan 96.13
Portfolio (Rs in
Crore)*
Managed/Secur 37.57
itized Portfolio
(Rs in Crore)*
Out of Managed 37.57
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 133.70
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 205


Uttar Pradesh

Name of the Sonata Finance Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head Uttar Pradesh
Quarter
Head of the Mr. Anup Kumar
Institution & 125B/6B, Pt. Madan Mohan Malviya
Contact Details Marg, George Town, Allahabad -
211002, Uttar Pradesh
Ph: 532 -2467985/6540311-15
E-mail: info@sonataindia.com
Year of 2006
Establishment
Operating in 7
No. of State(s)
Name of the Bihar, Haryana Madhya Pradesh,
Operating Rajsthan, Uttar Pradesh, Uttarakhand,
State(s) Punjab
No. of 298
TIER I MFI

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

Directory of Micofinance Institutions (MFIs) in India 207


Uttarakhand

Name of the Balajee Sewa Sansthan


Organization
Legal Form Society
State Head Uttarakhand
Quarter
Head of the Mr. Awadhesh Kumar
Institution & H.O: 127, Subhash Nagar, Near
Contact Details Chandrabani Chowk, Dehradun,
Uttrakhand, Camp Office: Lane No. 11,
Turner Road, Clement Town, Dehradun,
Ph: 8859993336, 0135 - 6457779,
E-mail: awadh.kpal@gmail.com
Year of 2009
Establishment
Operating in 1
No. of State(s)
Name of the Uttarakhand
Operating
State(s)
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 209


West Bengal

Name of the Aravindo Pally Bharat Kristi Seva


Organization Sangha
Legal Form Society
State Head West Bengal
Quarter
Head of the 92, Sarat Chandra Chatterjee, Street
Institution & Cosmos Appt Konnagar Hooghly
Contact Details Ph: 9830999086
E-mail: apbkss@gmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 1
Branch(es)
No. of Staff
TIER III MFI

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

No. of Staff 1542


Products & Loan Product, Insurance
Services
Offered
Client Outreach 4.72
(in Lakh)*
Net Loan 501.33
Portfolio (Rs in
Crore)*
Managed/Secur 34.97
itized Portfolio
(Rs in Crore)*
Out of Managed 34.86
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 536.30
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 211


West Bengal

Name of the ASA International India Microfinance


Organization Pvt. Ltd,
Legal Form NBFC
State Head West Bengal
Quarter
Head of the Mr. Anjan Dasgupta
Institution & Victoria Park, 9th Floor, GN-37/2,
Contact Details Sector V, Salt Lake City, Kolkata
700 091, Ph: 033-2357 8508/18
E-mail:
anjan.dasgupta@asa-international.in
Year of 2008
Establishment
Operating in 5
No. of State(s)
Name of the Assam, Bihar, Tripura, Uttar Pradesh,
Operating West Bengal
State(s)
No. of 104
TIER II MFI

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

Directory of Micofinance Institutions (MFIs) in India 213


West Bengal

Name of the Bagnan Co-operative Credit Society


Organization
Legal Form Macs or Cooperative
State Head West Bengal
Quarter
Head of the Ms. Madhuri Ghosh
Institution & Village & P.O.- Bangalpur, Bagnan,
Contact Details West Bengal, Ph: 9836025583,
033214267331/267381
E-mail: mahila.bikas@gmail.com
Year of 1997
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 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

Directory of Micofinance Institutions (MFIs) in India 215


West Bengal

Name of the Barasat Anweshan


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Shyamal Ray Choudhary
Institution & Harpara , P.O: Beraberia, Madhabpur
Contact Details North 24 Parganas, Kolkata -700121
Ph: 033-25426137
E-mail: barasatanweshan@yahoo.com
Year of 2005
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 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

Directory of Micofinance Institutions (MFIs) in India 217


West Bengal

Name of the Barasat Sampark


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Prabindu Kumar Biswas,
Institution & Murali, PO - Bamangachi , Dist - North
Contact Details 24 Parganas, West Bengal , Pin -
743248, Ph: 9830496859,
03325840033
E-mail: samparkmf@yahoo.co.in
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 6
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 219


West Bengal

Name of the Barasat Unnayan Prostuti


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

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

Products & Micro Credit, Health & Sanitation,


Services Education
Offered
Client Outreach 0.23
(in Lakh)*
Net Loan 20.30
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 20.30
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 221


West Bengal

Name of the Bengal Women Welfare Association


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

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

Directory of Micofinance Institutions (MFIs) in India 223


West Bengal

Name of the BURS


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Himangshu Debnath
Institution & B-5, Lake View Park, Baranagar,
Contact Details Kolkata - 700 108, Ph: 9830154583,
E-mail: burskolkata@gmail.com
Year of 2006
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 2
Branch(es)
No. of Staff 9
TIER III MFI

Products & Micro Credit, Health & Sanitation,


Services Micro Insurance (Non-Health)
Offered ,Remittance ,Pension
Client Outreach 0.02
(in Lakh)*
Net Loan 1.17
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 1.17
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 225


West Bengal

Name of the Destiny Finco Pvt. Ltd.


Organization
Legal Form NBFC
State Head West Bengal
Quarter
Head of the Mr. Sudipta Banerjee
Institution & 10/9, Chinar Park, 1st Floor, Post:
Contact Details Hatiara, New Town, Kolkata - 700157,
Ph: 33 2570 0051, 98312 38605,
E-mail: destiny.finco@gmail.com
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 19
Branch(es)
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 227


West Bengal

Name of the Duttapukur Institute for Social


Organization Advancement
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Ashis Kr. Sen
Institution & Chandrapur, P.O: Digha (Duttapukur),
Contact Details North 24 Parganas, PIN-743248, West
Bengal, Ph: 033-2536 4076,
9883760015,
E-mail: disaduttapukur@yahoo.co
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 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

No. of Staff 252


Products & Micro Credit, Livelihood Promotion,
Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building & Training
Client Outreach 1.05
(in Lakh)*
Net Loan 111.08
Portfolio (Rs in
Crore)*
Managed/Secur 0.16
itized Portfolio
(Rs in Crore)*
Out of Managed 0.16
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 111.24
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 229


West Bengal

Name of the Jamalpur Panchyajanya Gram Vikash


Organization Samiy
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Susanta Chakraborty
Institution & 190, Palashpur, Tribeni, Hooghly,
Contact Details West Bengal, Ph: 09339625797
E-mail: jpgvs.d@gmail.com
Year of 2004
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 2
Branch(es)
No. of Staff 4
TIER III MFI

Products & Micro Credit & Development Program


Services
Offered
Client Outreach 0.01
(in Lakh)*
Net Loan 0.13
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 0.13
Portfolio (Rs in
Crore)*

* 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

Products & Micro Credit, Livelihood Programme,


Services Health, Education, Awarness
Offered Programme, Financial Inclusion
Programme
Client Outreach 0.09
(in Lakh)*
Net Loan 6.5
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 6.5
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 231


West Bengal

Name of the Kotalipara Development Society


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Dr. G. C. Baidya
Institution & Santa NIR, Arabindapally, Noapara,
Contact Details Barasat, Kolkata, Ph: 033 - 2524 1414
E-mail: kotaliparads@yahoo.co.in,
info@kdsmfi.org
Year of 1997
Establishment
Operating in 6
No. of State(s)
Name of the West Bengal, Bihar,Odisha,
Operating Jharkhand,Tripura, Assam
State(s)
No. of 99
Branch(es)
TIER II MFI

No. of Staff 453


Products & Micro Credit, Health,Training,
Services Education Support
Offered
Client Outreach 1.06
(in Lakh)*
Net Loan 35.14
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 35.14
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 233


West Bengal

Name of the Parama Mohila Samittee


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Ms. Pronati Sadhak
Institution & Kamalpur, P.O.- Purbanawpara,
Contact Details P.S.- Dhantala, Dist.- Nadia, West
Bengal, PIN-741501, Ph: 03473-
326339, 9732208400
E-mail: paramamahila@gmail.com
Year of 2006
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 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

Directory of Micofinance Institutions (MFIs) in India 235


West Bengal

Name of the Sahara Utsarga Welfare Society


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Sudipta Banerjee
Institution & 10/9, Chinar Park, Post: Hatiara, New
Contact Details Delhi Town, Kolkata - 700157
Ph: 33 6607 6500 , 98312 38605 ,
E-mail: sahara.utsarga@gmail.com
Year of 1998
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 91
Branch(es)
TIER II MFI

No. of Staff 451


Products & Micro Credit
Services
Offered
Client Outreach 0.65
(in Lakh)*
Net Loan 41.11
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 41.11
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 237


West Bengal

Name of the Sarala Development & Microfinance


Organization Pvt. Ltd.
Legal Form NBFC-MFI
State Head West Bengal
Quarter
Head of the Mr. Pranab Rakshit
Institution & 4/2/3, Dino Master Lane, Shibpur- 711
Contact Details 103, West Bengal, Ph: (033) 2678
8390/ 5925
E-mail: pranab.rakshit@sarala.co.in
Year of 2010
Establishment
Operating in 2
No. of State(s)
Name of the West Bengal, Bihar
Operating
State(s)
No. of 58
Branch(es)
TIER II MFI

No. of Staff 302


Products & Microfinance Loan
Services
Offered
Client Outreach 0.99
(in Lakh)*
Net Loan 48.83
Portfolio (Rs in
Crore)*
Managed/Secur 31.29
itized Portfolio
(Rs in Crore)*
Out of Managed 31.29
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 80.12
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 239


West Bengal

Name of the Seba-Rahara


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Mr. Subrata Ghosh
Institution & "Akanksha II", Ground Floor, Jogipara,
Contact Details Saibon Road, P.O. Rahara, Kolkata-
700118, Ph: 033 65486901,
9830141845
E-mail: seba_rahara@yahoo.co.in
Year of 2006
Establishment
Operating in 2
No. of State(s)
Name of the West Bengal, Bihar
Operating
State(s)
No. of 8
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 241


West Bengal

Name of the Sreema Mahila Samity


Organization
Legal Form Society
State Head West Bengal
Quarter
Head of the Smt. Bani Saraswati
Institution & Village & Post Office - Duttapulia,
Contact Details P.S. - Dhantala, District - Nadia,
West Bengal - 741504, India.
Ph: 03473265207
E-mail: secretarysreema@gmail.com
Year of 2000
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
State(s)
No. of 25
TIER III MFI

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

Directory of Micofinance Institutions (MFIs) in India 243


West Bengal

Name of the Swayamsampurna


Organization
Legal Form Trust
State Head West Bengal
Quarter
Head of the Mr. Raja Menon
Institution & C/O - Jeevika Development Society,
Contact Details 1/A , South End View Building,
Diamond Harbour Road , Joka, Kolkata
-700104 , Ph: 033-24381491, 2467
3060, 9038098559
E-mail: banerjee9@gmail.com,
swayamsampurna10@gmail.com,
jeevika@cal2.vsnl.net.in.
Year of 2008
Establishment
Operating in 1
No. of State(s)
Name of the West Bengal
Operating
TIER III MFI

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

No. of Staff 281


Products & Micro Credit
Services
Offered
Client Outreach 0.66
(in Lakh)*
Net Loan 36.16
Portfolio (Rs in
Crore)*
Managed/Secur 33.63
itized Portfolio
(Rs in Crore)*
Out of Managed 33.63
Portfolio, BC
Portfolio (Rs in
Crore)*
Gross Loan 69.79
Portfolio (Rs in
Crore)*

* as of December 2015

Directory of Micofinance Institutions (MFIs) in India 245


West Bengal

Name of the Village Financial Services Pvt. Ltd.


Organization
Legal Form NBFC-MFI
State Head West Bengal
Quarter
Head of the Dr. Kuldip Maity,
Institution & Village Towers, F-15, Geetanjali Park,
Contact Details 18/3A, Kumud Ghoshal Road,
Ariadaha, Kolkata - 700057, West
Bengal, Ph: 033 2564 6545/5786
E-mail: md@village.net.in;
Year of 2006
Establishment
Operating in 4
No. of State(s)
Name of the West Bengal, Bihar, Assam, Jharkhand
Operating
State(s)
No. of 109
Branch(es)
TIER II MFI

No. of Staff 591


Products & Micro Credit, Insurance, Capacity
Services Building & Training
Offered
Client Outreach 1.52
(in Lakh)*
Net Loan 168.81
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 168.81
Portfolio (Rs in
Crore)*

* 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

Directory of Micofinance Institutions (MFIs) in India 247

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