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Directory of Microfinance

Institutions (MFIs) in India


Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
Institutions (MFIs) in India
Directory
Directoryofof Microfinance
Microfinance
Institutions
Institutions(MFIs) in India
(MFIs) in India
Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
SMALL INDUSTRIES DVELOPMENT BANK OF INDIA

Institutions (MFIs) in India


Mission of Sa-Dhan
“To build the field of community development
finance in India, to help its members and
associate institutions to better serve low
income households, particularly women, in
both rural and urban India, in their quest for
establishing stable livelihoods and
improving their quality of life'.
Directory of Microfinance
Institutions (MFIs) in India
Version I

12 & 13, Special Institutional Area, 2nd Floor


MPTCD Building, Shaheed Jeet Singh Marg
New Delhi – 110 067, India
Tel: + 91- 11-47174400, Fax: + 91-11-47174405
E-mail: info@sa-dhan.org
© Copyright reserved Sa-Dhan
2014

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 I of the directory and subsequent
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 29
Preface

PREFACE

Indian Microfinance Sector has witnessed phenomenal growth


over the past 15 years. Number of Institutions providing
microfinance services have gone up from a few numbers to
several hundreds. The quantum of credit made available to the
poor and financially excluded clients have gone past Rs.30000
crore and number of clients benefitted crossed 30 million as of
March 2014.

The Government has created conducive policy framework for


Microfinance Institutions (MFIs) to operate in the country. The
key move is classifying bank advances to MFIs as priority sector
advances. The Government is also in the process of bringing in
comprehensive legal framework for microfinance institutions
across the country.

The Reserve Bank of India has come out with regulation


regulating the NBFC-MFIs. This has provided the necessary
legitimacy and impetus to the sector. The MFIs follow the
regulation which takes care of client protection issues reported
prior to the regulation. Moreover, Self Regulatory Organization
(SRO) is also in place to strengthen the regulatory framework
for the sector.

The purpose of this directory is to enumerate MFIs that provide


at least microcredit in the country. The necessity to the
directory arose from the perceptible dilemma of policy makers
and the regulator on the level of supervisory attention required
regulating the sector in the event of comprehensive microfinance
act coming into being. 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 the nation. Also, as moneylenders too started
mimicking MFIs in the recent past, the directory would help ring
fencing the formal MFIs from being mistakenly identified with
such so called ‘MFIs’.

The particulars in the directory are mainly self-reported by the


MFIs whose names appear in the list. 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

4 Directory of Microfinance Institutions (MFIs) in India


Preface
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 and loan portfolio. In fact, it was a wishful thinking for
the Sa-Dhan team to validate the particulars so received with
the help of any secondary data source. Such secondary data
set is not readily available. By all means, however, the directory
would very well serve the reference purpose and the users may
seek further details from the MFIs concerned to meet their
specific needs.

The directory carries names of 268 MFIs. The names have been
listed out state wise and then ‘Tier’ (client size) wise under each
state. The tier size of MFIs is based on the number of clients
served (Tier- 1 > 2.5 lakh; Tier-2 - 0.5-2.5 lakh and Tier 3 - < 0.5
lakh).

We thank all those agencies which helped to compile this


directory. The Core Group of institutions working with the
Government on Microfinance bill deserves our gratitude for
encouragement and idea on the directory. Responsible Finance
Forum convened by International Finance Corporation (IFC) has
offered valuable advice in refining the content. SIDBI and DFID
have provided strategic direction to the directory. This directory
would not have been published without the financial support
from UKAID and SIDBI under the PSIG project. We thank Mr. Brij
Mohan for handholding the Sa-Dhan team on this project.

The directory is the first version to provide the list of MFIs.


Obviously the directory work is an ongoing one and the entries
will have to be changed with change in composition of players
in the market and new information needs to be included. We
request the users to offer their valuable feedback to improve
the content and format of the directory in future versions.

Jagadananda
Chair, Sa-Dhan
September 2014

Directory of Microfinance Institutions (MFIs) in India 5


Definitions

Definitions

Microfinance:
Micro Finance refers to 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.

6 Directory of Microfinance Institutions (MFIs) in India


Summary of MFIs
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 23
Tier II 0.5 - 2.5 Lakh 40
Tier III < 0.5 Lakh 205
Total 268

No. of MFIs across Legal Form

Legal Form No. of MFIs


Society 111
Trust 21
Section 25 Company 26
Cooperative 18
Local Area Bank 1
NBFC 91
Total 268

Directory of Microfinance Institutions (MFIs) in India 7


Summary of MFIs

No. of MFIs across States

States No. of MFIs


Andhra Pradesh 10
Assam 18
Bihar 11
Delhi 7
Haryana 1
Gujarat 7
Jharkhand 8
Karnataka 18
Kerala 13
Madhya pradesh 10
Maharashtra 13
Manipur 8
Odisha 29
Punjab 1
Rajasthan 9
Tamil Nadu 33
Telangana 11
Uttar Pradesh 14
Uttrakhand 2
West Bengal 45
Total 268

8 Directory of Microfinance Institutions (MFIs) in India


List of MFIs
List of MFIs
List of MFIs
Size
State Page
S. Legal (Based on
Name of the MFIs Head Num-
No. Form client out-
Quarter ber
reach)*
1 Adarsa Society Odisha Tier III 172
2 Adhikar Society Odisha Tier III 170
3 Adhikar Microfinance NBFC Odisha Tier III 158
Pvt. Ltd.
4 Agradut Polly Un- Society West Tier III 280
nayan Samity Bengal
5 AIR Credit Coopera- Coop- Odisha Tier III 173
tive erative
6 Ajagar Social Circle Society Assam Tier III 47
7 Ajiwika Society Sec 25 Jharkhand Tier III 85
Com-
pany
8 Amy International NBFC Andhra Tier III 32
Pradesh
9 Anjali Microfin Pvt. NBFC West Tier III 272
Ltd. Bengal
10 Annapurna Mahila Coop- Maharash- Tier III 135
Co op Credit Society erative tra
Ltd.
11 Annapurna Microfi- NBFC Odisha Tier II 155
nance Pvt. Ltd
12 Anupama Education Sec 25 Madhya Tier III 130
Society Com- Pradesh
pany
13 Apex Abishek NBFC Tamil Tier III 215
Finance Ltd. Nadu
14 Aprajita Mahila Sakh Coop- Madhya Tier III 125
Sahkarita Maryadit erative Pradesh
15 Arasan Rural Devel- Society Tamil Tier III 222
opment Society Nadu

* 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 Microfinance Institutions (MFIs) in India 9


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
16 Arman Financial NBFC Gujarat Tier II 75
Services Ltd.
17 Arohan Financial NBFC West Tier II 253
Services Pvt. Ltd. Bengal
18 Arth Micro Finance NBFC Rajasthan Tier III 183
Pvt. Ltd.
19 ASA International NBFC West Tier II 255
India Microfinance Bengal
Pvt. Ltd.
20 Asirvad Microfinance NBFC Tamil Tier II 195
Pvt. Ltd. Nadu
21 Asmitha Microfin Ltd. NBFC Telangana Tier I 227
22 Asomi Finance Pvt. NBFC Assam Tier III 40
Ltd.
23 Association for Rural Society Tamil Tier III 224
Community Develop- Nadu
ment
24 Aware Macs Ltd. Coop- Telangana Tier III 231
erative
25 Bagaria Relief Society West Tier III 285
Welfare Ambulance Bengal
Society
26 Bal Mahila Vikas Society Madhya Tier III 131
Samiti (VAMA) Pradesh
27 Balajee Sewa Society Uttara- Tier III 251
Sansthan khand
28 Bandhan Financial NBFC West Tier I 252
Services Pvt. Ltd. Bengal
29 Banki Anchalika Diba- Society Odisha Tier III 180
si Harijan Kalyana
Parishad
30 Baradrone Social Society West Tier III 281
Welfare Institution Bengal
(BSWI)
* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
31 Barasat Anweshan Society West Tier III 290
Bengal
32 Barasat Grameen Society West Tier III 284
Society Bengal
33 Barasat Sampark Society West Tier III 276
Bengal
34 Barasat Unnayan Society West Tier III 289
Prostuti Bengal
35 Belghoria Janakalyan Society West Tier III 266
Samity Bengal
36 Belstar Investment NBFC Tamil Tier II 197
Finance Pvt. Ltd Nadu
37 Bengal Women Wel- Sec 25 West Tier III 286
fare Association Com- Bengal
pany
38 Bharat Integrated So- Society Odisha Tier I 153
cial Welfare Agency
(BISWA)
39 Bharat Sevak Samaj Society Kerala Tier II 112
(BSS)
40 Bharatiya Micro Sec 25 Uttar Tier III 241
Credit Com- Pradesh
pany
41 Bhartiya Samruddhi NBFC Telangana Tier I 229
Finance Ltd(Basix)
42 Bihar Development Trust Bihar Tier III 62
Trust
43 Biswa Microfinance NBFC Odisha Tier III 164
Pvt. Ltd.
44 Borukha Charitable Trust Rajasthan Tier III 184
Trust
45 Boys' Recreation Club Society West Tier III 282
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 Microfinance Institutions (MFIs) in India 11


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
46 Bright Association for Society Odisha Tier III 171
Noble & Decent Hu-
man Understanding
47 BSS Microfinance NBFC Karnataka Tier II 96
Pvt. Ltd.
48 Bureau of Obligate Trust Bihar Tier III 66
and Accompainer for
Rural (BOARD)
49 BURS Society West Tier III 294
Bengal
50 BWDA Finance Ltd. NBFC Tamil Tier II 199
Nadu
51 CASHPOR Micro Sec 25 Uttar Tier I 236
Credit Com- Pradesh
pany
52 CDC Microfinance NBFC Tamil Tier III 206
Pvt. Ltd. Nadu

53 Center for Promoting Society Bihar Tier III 58


Sustainable Liveli-
hood
54 Centre for Action and Society Odisha Tier III 181
Rural Re-construc-
tion
55 Centre For Develop- Society Assam Tier III 51
ment Action &Ap-
propriate Technology
(CADAT)
56 Centre for Develop- Society Bihar Tier III 59
ment Orientation And
Training (CDOT)
57 Chaitanya India Fin NBFC Karnataka Tier III 99
Credit Pvt. Ltd.
58 Chanura Microfin Society Manipur Tier III 151
Manipur

* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
59 Chemmanur Credits NBFC Kerala Tier III 116
and Investments Ltd.
60 Coochbehar Khagra- Society West Tier III 288
bari Relief Service Bengal
61 Credible Microfinance NBFC Odisha Tier II 156
Ltd.
62 CRESA Financial NBFC Andhra Tier III 35
Services Pvt. Ltd. Pradesh
63 Dakshin Budhakhali Society West Tier III 270
Improvement Society Bengal
(DBIS)
64 Dar Credit & Capital NBFC Rajasthan Tier III 188
Ltd.
65 Darabar Sahitya Society Odisha Tier III 174
Sansad
66 Deepalaya Society Delhi Tier III 71
67 Deshabandhu Club Society Assam Tier III 53
68 Destiny Finco Pvt. NBFC West Tier III 271
Ltd. Bengal
69 Development Or- Society Telangana Tier III 235
ganization for Village
Environment (DOVE)
70 Dhosa Chandaneswar Society West Tier III 268
Bratyajana Samity Bengal
(DCBS)
71 Dibakar Society West Tier III 279
Bengal
72 Disha India Micro Sec 25 Uttar Tier III 243
Credit Com- Pradesh
pany
73 Disha Microfin Pvt NBFC Gujarat Tier II 76
Ltd.
74 dMatrix Development Sec 25 Maha- Tier III 143
Foundation Com- rashtra
pany

* 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 Microfinance Institutions (MFIs) in India 13


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
75 DORA Trust Trust Kerala Tier II 113
76 Drishtee Foundation Society Uttar Tier III 244
Pradesh
77 Duttapukur Institute Society West Tier III 283
for social Advance- Bengal
ment
78 Ecumenical Church Sec 25 Tamil Tier III 214
Loan Fund of India Com- Nadu
(ECOLOF) pany
79 Equitas Micro NBFC Tamil Tier I 192
Finance Pvt. Ltd. Nadu
80 ESAF Microfinance NBFC Kerala Tier I 110
and Investments
Pvt. Ltd.
81 Forum for Rural Society Kerala Tier III 118
Environment and
Economic Develop-
ment (FREED)
82 Fusion Microfinance NBFC Uttar Tier II 239
Pvt. Ltd. Pradesh
83 Future Financial NBFC Andhra Tier II 29
Services Ltd. Pradesh
84 G U Financial Ser- NBFC Odisha Tier III 166
vices Pvt. Ltd.
85 Gauripur Vive- Soci- Assam Tier III 52
kananda Club ety
86 Global Welfare Soci- Assam Tier III 56
Society (Glows) ety
87 Gram Utthan Soci- Odisha Tier III 159
ety
88 Grama Vidiyal NBFC Tamil Tier I 193
Microfinance Ltd. Nadu
89 Grameen Financial NBFC Karna- Tier I 94
Services Pvt. Ltd. taka
90 Grameen Sahara Soci- Assam Tier III 44
ety
* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
91 Gramotthan Micro Sec Uttar Tier III 249
Finance Company 25 Pradesh
Com-
pany
92 Gramya Vikash Soci- Assam Tier III 48
Mancha ety
93 Gramyasheel Soci- Bihar Tier III 65
ety
94 Growing Opportu- NBFC Tamil Tier III 203
nity Finance (India) Nadu
Pvt. Ltd.
95 Guardian Sec Tamil Tier III 206
25 Nadu
Com-
pany
96 Hand in Hand India Trust Tamil Tier II 202
Nadu
97 Hanuman Van Soci- Rajas- Tier III 186
Vikas Samiti ety than
98 Helpmate Soci- Assam Tier III 54
ety
99 Hindusthan Micro- NBFC Maha- Tier III 139
finance Pvt. Ltd. rashtra
100 Hope Integrated Soci- Andhra Tier III 37
Rural Development ety Pradesh
Society
101 Hope Microcredit NBFC Kerala Tier II 111
Finance (India) Pvt.
Ltd.
102 Human Develop- Soci- West Tier III 273
ment Centre ety Bengal
103 Humana People to Sec Delhi Tier III 70
People India 25
Com-
pany

* 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 Microfinance Institutions (MFIs) in India 15


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
104 IDF Financial Ser- NBFC Karna- Tier II 97
vices Pvt. Ltd. taka
105 Indur Intideepam Coop- Tel- Tier III 233
Macs Federation era- angana
Ltd. tive
106 Innovative Sec Tamil Tier III 210
Microfinance for 25 Nadu
Poverty Alleviation Com-
and Community pany
Transformation
107 Institute of Rural Soci- Maha- Tier III 142
Credit & Entrepre- ety rashtra
neurship Develop-
ment
108 Integrated Develop- Soci- Kerala Tier III 120
ment Centre (IDC) ety
109 Intrepid Finance NBFC Maha- Tier III 136
and Leasing Pvt. rashtra
Ltd.
110 Ishara Finance And NBFC Delhi Tier III 72
Rural Development
Pvt. Ltd.
111 Jagaran Microfin NBFC West Tier II 256
Pvt. Ltd. Bengal
112 Jagdhan Finance NBFC Maha- Tier III 141
and Investment rashtra
Ltd.
113 Jamalpur Panchya- Soci- West Tier III 296
janya Gram Vikash ety Bengal
Samity
114 Jan Chetna San- Soci- Rajas- Tier III 190
sthan ety than
115 Jan Sewa Parishad Soci- Jharkh- Tier III 88
ety and

* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
116 Janalakshmi Finan- NBFC Karna- Tier I 92
cial Services Pvt. taka
Ltd.
117 Janashree Micro- NBFC Kerala Tier III 121
Fin Ltd.
118 Jeevankiran Soci- Kerala Tier III 119
ety
119 Kalighat Society Soci- West Tier III 267
for Development ety Bengal
Facilitation
120 Kanyakumari Soci- Tamil Tier III 217
District Fishermen ety Nadu
Sangam Federation
121 Karpaga Ganapthi NBFC Tamil Tier III 212
Investments Nadu
Private limted
122 Kashi Vishwanatha Soci- Karna- Tier III 105
Vidya Samsthe ety taka
123 Kaveri Credits NBFC Karna- Tier III 100
(India) Pvt. Ltd. taka
124 Khandagiri Mad- Coop- Odisha Tier III 169
hyamika Mahila era-
Samabaya Sangha tive
125 Kotalipara Develop- Soci- West Tier II 259
ment Society ety Bengal
126 Krishna Bhima Local Andhra Tier II 31
Samruddhi Local Area Pradesh
Area Bank Ltd. Bank
127 L & T Finance Ltd. NBFC Maha- Tier I 132
rashtra
128 Liberal Association Soci- West Tier III 260
for Movement of ety Bengal
People
129 Lok Biradari Trust Trust Madhya Tier III 128
Pradesh

* 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 Microfinance Institutions (MFIs) in India 17


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
130 M Power Microfi- NBFC Gujarat Tier III 79
nance Pvt. Ltd.
131 Madura Micro NBFC Tamil Tier II 196
Finance Ltd. Nadu
132 Mahasemam Trust Trust Tamil Tier II 198
Nadu
133 Mahashakti Foun- Trust Odisha Tier III 163
dation
134 Mahatejjas Trust Trust Tamil Tier III 223
Nadu
135 Mahila Kalyan Soci- Jharkh- Tier III 90
Samiti ety and
136 Mahila ViKas Coop- Odisha Tier III 167
Prathamika San- era-
chaya Samabaya tive
Ltd.
137 Margdarshak NBFC Uttar Tier III 242
Financial Services Pradesh
Ltd
138 Mass Care Interna- Soci- Bihar Tier III 64
tional ety
139 Matashree Gomati Trust Rajas- Tier III 187
Devi Jan Seva than
Nidhi
140 Micro Enterprise Sec Jharkh- Tier III 89
and Sustainable 25 and
Project (MESP) Com-
pany
141 Micromax Charita- Trust West Tier III 295
ble Trust Bengal
142 Midland Microfin NBFC Punjab Tier III 182
Ltd.
143 Morigaon Zila Soci- Assam Tier III 42
Gramya Puthib- ety
haral Santha

* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
144 Muthoot Fincorp NBFC Kerala Tier I 109
Ltd.
145 Nagai District Fish- Soci- Tamil Tier III 218
ermen Sangams ety Nadu
Federation
146 Namathu Deepam Sec Tamil Tier III 204
Micro Finance 25 Nadu
Services Com-
pany
147 Nanayasurabhi Sec Tamil Tier III 208
Development Fi- 25 Nadu
nancial Services Com-
(NDFS) pany
148 Nav Bharat Jagriti Soci- Jharkh- Tier III 86
Kendra ety and
149 Navachetana NBFC Karna- Tier III 101
Microfin Services taka
Pvt. Ltd.
150 Network of Soci- Uttar Tier III 246
Entrepreneurship & ety Pradesh
Economic Develop-
ment (NEED)
151 New Life Soci- Tamil Tier III 205
ety Nadu
152 NIDAN Microfi- Sec Bihar Tier III 60
nance Foundation 25
Com-
pany
153 Nightingale Chari- Soci- Assam Tier III 50
table Society ety
154 Nightingale Finvest NBFC Assam Tier III 43
Pvt. Ltd.
155 Nirantara Com- Soci- Karna- Tier III 106
munity Services ety taka

* 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 Microfinance Institutions (MFIs) in India 19


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
156 North East Region NBFC Manipur Tier II 145
Finservices Ltd.
157 OAZOANE The Soci- Tamil Tier III 213
Society For ety Nadu
Development Hu-
man Abilities and
Environment
158 ODISHA (Organisa- Soci- Odisha Tier I 154
tion for Develop- ety
ment of Integrated
Social and Health
Action)
159 Opportunity Micro- NBFC Karna- Tier III 102
finance India Ltd. taka
160 Organisation for Soci- Manipur Tier III 148
Rural Improvement ety
161 Orissa Rural Infra- Soci- Odisha Tier III 177
structure Develop- ety
ment Association
(ORIDA)
162 Pahal Financial NBFC Gujarat Tier III 77
Services Pvt. Ltd.
163 Pahal Institute Soci- Uttara- Tier III 250
of Community ety khand
Empowerment and
Micro Finance
164 Pancharatna Soci- Assam Tier III 45
ety
165 Parama Mohila Soci- West Tier III 269
Samittee ety Bengal
166 People's Action For Trust Tamil Tier III 211
Transformation Nadu
(PAT)
167 People's Associa- Soci- Bihar Tier III 63
tion for Research ety
and Development

* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
168 People's Forum Soci- Odisha Tier III 160
ety
169 Planned Social Sec Rajas- Tier III 185
Concern 25 than
Com-
pany
170 Potlakona Susthira Coop- Andhra Tier III 38
Vyvasaya Paras- era- Pradesh
para Sahayaka tive
Sahakara Sangam
171 Pragathi Seva Coop- Tel- Tier III 232
Samithi Macs era- angana
Federation tive
172 Pragati Soci- Odisha Tier III 175
ety
173 Pragati Rural De- Soci- Assam Tier III 55
velopment Society ety
174 Prasad Foundation Trust Odisha Tier III 178
175 PRAYAS (Organisa- Trust Gujarat Tier III 80
tion for Sustainable
Development)
176 Prayas Juvenile Aid Soci- Delhi Tier III 73
Centre Society ety
177 Priyasakhi Mahila Soci- Madhya Tier III 124
Sangh ety Pradesh
178 Prochesta Coop- Assam Tier III 49
era-
tive
179 Purba Barasat Soci- West Tier III 292
Prerana ety Bengal
180 Pustikar Sakh Sa- Coop- Rajas- Tier III 191
hakari Samiti Ltd. era- than
tive
181 Rashtriya Seva Soci- Andhra Tier III 34
Samithi (RASS) ety Pradesh

* 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 Microfinance Institutions (MFIs) in India 21


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
182 Repco Micro NBFC Tamil Tier II 200
Finance Ltd. Nadu
183 RGVN (North East) NBFC Assam Tier II 39
Microfinance Ltd.
184 Rise Microfin Sec Uttar Tier III 248
25 Pradesh
Com-
pany
185 Rors Finance Pvt. NBFC Karna- Tier III 104
Ltd. taka
186 Rural Education Soci- Tamil Tier III 219
and Action Devel- ety Nadu
opment (READ)
187 Rural Education Soci- Tamil Tier III 220
Environment ety Nadu
Development &
Multipurpose
Awareness Society
(REEDMAS)
188 S . E. Investments NBFC Uttar Tier II 240
Ltd. Pradesh
189 S V Creditline Pvt. NBFC Haryana Tier II 82
Ltd.
190 S.M.I.L.E. Microfi- NBFC Tamil Tier I 194
nance Ltd. Nadu
191 Saadhana MicroFin Soci- Andhra Tier II 30
Society ety Pradesh
192 Saadow Soci- Tamil Tier III 221
ety Nadu
193 Sahara Utsarga Soci- West Tier II 258
Welfare Society ety Bengal
194 Sahayog Microfi- NBFC Madhya Tier II 122
nance Ltd. Pradesh
195 Saija Finance Pvt. NBFC Bihar Tier III 57
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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
196 Sakhi Samudaya Sec Maha- Tier III 140
Kosh 25 rashtra
Com-
pany
197 Samarthan Weak- Sec Jharkh- Tier III 87
ling Development 25 and
Com-
pany
198 Samasta Microfi- NBFC Karna- Tier II 98
nance Ltd. taka
199 Sambandh Fin- NBFC Odisha Tier III 161
serve Pvt. Ltd.
200 Sambhav Social Soci- Madhya Tier III 126
Service Organiza- ety Pradesh
tion
201 Samhita Commu- Sec Madhya Tier II 123
nity Development 25 Pradesh
Services Com-
pany
202 Sampada Trust Trust Maha- Tier III 138
rashtra
203 Samruddhi Welfare Sec Maha- Tier III 144
Development 25 rashtra
Foundation Com-
pany
204 Samrudhi Soci- Karna- Tier III 107
ety taka
205 Sanchetna Finan- NBFC Uttar Tier III 247
cial Services Pvt. Pradesh
Ltd.
206 Sanghamithra Sec Karna- Tier II 95
Rural Financial 25 taka
Services Com-
pany

* 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 Microfinance Institutions (MFIs) in India 23


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
207 Sarala Women Sec West Tier II 257
Welfare Society 25 Bengal
Com-
pany
208 Sarvodaya Nano NBFC Tamil Tier II 201
Finance Ltd. Nadu
209 Satin Creditcare NBFC Delhi Tier I 68
Network Ltd.
210 Seba Bikash Sec West Tier III 274
Kendra Financial 25 Bengal
Services Com-
pany
211 Seba-Rahara Soci- West Tier III 265
ety Bengal
212 Shalom Microfi- NBFC Kerala Tier III 114
nance Ltd.
213 Share Microfin Ltd. NBFC Tel- Tier I 227
angana
214 Shikhar MIcrofi- NBFC Delhi Tier III 69
nance Pvt. Ltd.
215 Shri Kshethra Dhar- Trust Karna- Tier I 91
masthalaRural De- taka
velopment Project
216 Shri Mahila Sewa Coop- Gujarat Tier III 78
Sahakari Bank Ltd. era-
(Sewa Bank) tive
217 Shri Shiv Gayatri NBFC Karna- Tier III 108
Infin Pvt. Ltd. taka
218 SKS Microfinance NBFC Tel- Tier I 225
Ltd. angana
219 Social Action for Soci- Assam Tier III 46
Appropriate Trans- ety
formation and Ad-
vancement in Rural
Areas (SATRA)

* 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 Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
220 Social Action for Soci- Odisha Tier III 176
Rural Community ety
(SARC)
221 Social Welfare Soci- Odisha Tier III 168
Agency & Training ety
Institute (SWATI)
222 Societal Upliftment Soci- Bihar Tier III 67
& Rural Action for ety
job & Empower-
ment (SURAJE)
223 Society for Soci- West Tier III 264
Model Gram Bikash ety Bengal
Kendra
224 Society For Promo- Soci- Delhi Tier III 74
tion of Youth & ety
Masses (SPYM)
225 Sonata Finance NBFC Uttar Tier I 238
Pvt. Ltd. Pradesh
226 Spandana Sphoorty NBFC Tel- Tier I 226
Financial Ltd. angana
227 Sreema Mahila Soci- West Tier III 261
Samity ety Bengal
228 Sripur Swami Vive- Soci- West Tier III 275
kananda Welfare ety Bengal
Society
229 Star MicroFin Soci- Andhra Tier III 33
Service Society ety Pradesh
(SMSS)
230 Support Trust
Jharkh- Tier II 83
and
231 Surbhi Women Coop- Rajas- Tier III 189
Multipurpose Coop- era- than
erative Society tive

* 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 Microfinance Institutions (MFIs) in India 25


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
232 Suryoday Microfi- NBFC
Maha- Tier I 133
nance Pvt. Ltd. rashtra
233 Svasti Microfi- NBFC Maha- Tier III 137
nance Pvt. Ltd. rashtra
234 Swadhaar FinServe NBFC Maha- Tier II 134
Pvt. Ltd. rashtra
235 Swanirvar Soci- West Tier III 291
ety Bengal
236 Swashrayee Mahila Coop- Madhya Tier III 129
Sakha Sahakarita era- Pradesh
Maryadit tive
237 Swathi Jyoti Ma- Coop- Karna- Tier III 103
hila Vividodhesha era- taka
Souharda Shakari tive
Niyamita
238 Swaws Credit NBFC Tel- Tier II 230
Corporation India angana
Pvt. Ltd.
239 Swayamsampurna Trust West Tier III 277
Bengal
240 Swayamshree Mi- Sec Odisha Tier III 157
cro Credit Services 25
Com-
pany
241 Swayanshree Coop- Odisha Tier III 162
Mahila Samabaya era-
Ltd. tive
242 The Payakaraopeta Coop- Andhra Tier III 36
Women's MACS Ltd era- Pradesh
tive
243 The Saath Saving Coop- Gujarat Tier III 81
And Credit Co Op era-
Society Ltd. tive
244 Trident Microfin NBFC Tel- Tier III 234
Pvt. Ltd. angana

* Tier I: Client base > 2.5 lakh


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

26 Directory of Microfinance Institutions (MFIs) in India


List of MFIs
Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
245 Trust Microfin Trust Bihar Tier III 61
Services
246 Ujjivan Financial NBFC Karna- Tier I 93
Services Pvt. Ltd. taka
247 Ulkunda Tarun Soci- West Tier III 293
Seva Sangha ety Bengal
248 Ullon Social Wel- Soci- West Tier III 287
fare Society ety Bengal
249 UNACCO Financial NBFC Assam Tier III 41
Services Pvt. Ltd.
250 Unnati Trade & NBFC West Tier III 263
Fincon Pvt. Ltd. Bengal
251 Upkar Soci- Odisha Tier III 179
ety
252 Utkarsh Micro NBFC Uttar Tier I 237
Finance Pvt. Ltd. Pradesh
253 Uttrayan Financial NBFC West Tier III 262
Services Pvt. Ltd. Bengal
254 Varam Capital Pvt. NBFC Tamil Tier III 209
Ltd. Nadu
255 Vedika Credit NBFC Jharkh- Tier II 84
Capital Ltd and
256 Village Financial NBFC West Tier II 254
Services Pvt. Ltd. Bengal
257 Virutcham Microfi- NBFC Tamil Tier III 216
nance Ltd. Nadu
258 Vision India Chari- Trust Kerala Tier III 117
table Trust
259 Vivekananda Se- Soci- West Tier III 278
vakendra O Sishu ety Bengal
Uddyan
260 Volunteers For Vil- Soci- Manipur Tier III 152
lage Development ety

* 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 Microfinance Institutions (MFIs) in India 27


List of MFIs

Size
State
S. Legal (Based on Page
Name of the MFIs Head
No. Form client out- No.
Quarter
reach)*
261 Welfare Services Soci- Kerala Tier III 115
Ernakulam ety
262 WSDS-Institute Of Soci- Manipur Tier III 146
Innovative Technol- ety
ogy Transfer &
Environment
263 Youth Council for Soci- Odisha Tier III 165
Development Alter- ety
natives (YCDA)
264 Youth Volunteers Soci- Manipur Tier III 149
Union ety
265 Yukti Samaj Sewa Soci- Madhya Tier III 127
Society ety Pradesh
266 Yuva Chetna Soci- Uttar Tier III 245
Kendra ety Pradesh
267 YVU Financial NBFC Manipur Tier III 147
Services Pvt. Ltd.
268 YVU Microfin Trust Manipur Tier III 150

* Tier I: Client base > 2.5 lakh


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

28 Directory of Microfinance Institutions (MFIs) in India


Profile of MFIs
Andhra Pradesh
Name of the
Future Financial Services Ltd.
Organization
Legal Form NBFC
State Head
Andhra Pradesh
Quarter

Head of the Mr. Dasaratha Reddy


Institution & 4-368/1, C. B. Road, Greamspet,
Contact Details Chittoor-517002, Andhra Pradesh
Ph: 08572-231869, 222355
E-mail: ffslmfi@gmail.com
Year of
1996
Establishment
Operating in
3
No. of State(s)
Name of the
TIER II MFI

Karnataka, Tamil Nadu, Andhra


Operating
Pradesh
State(s)
No. of
110
Branch(es)
No. of Staff 434
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 1.95
March 2014
Gross Loan
Portfolio (Rs
223.75
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 29


Andhra Pradesh

Name of the
Saadhana MicroFin Society
Organization
Legal Form Society
State Head
Andhra Pradesh
Quarter
Head of the Mr. M. Ernest Paul
Institution & # 50-760A-116, 2nd Floor
Contact Details Gayatri Estates, Kurnool,
Andhra Pradesh - 518 002
Ph: 9440626547
E-mail: ernestpaulm@yahoo.com,
ernestpaulm@rediffmail.com
Year of
2001
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Andhra Pradesh
State(s)
No. of
38
Branch(es)
No. of Staff 18
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.70
March 2013
Gross Loan
Portfolio (Rs
48.72
in Crore) as of
March 2013

30 Directory of Microfinance Institutions (MFIs) in India


Andhra Pradesh
Name of the Krishna Bhima Samruddhi Local Area
Organization Bank Ltd.
Legal Form Local Area Bank
State Head
Andhra Pradesh
Quarter
Head of the Mr. Vijay R Nadkarni
Institution & 7-5-108/B/1, 1st Floor,
Contact Details Venkateshwara Colony,
Mahboobnagar - 509 002
Telangana
Ph: 08542-273383/84
E-mail : info@kbsbankindia.com
Year of
2001
Establishment
Operating in
3
No. of State(s)
TIER II MFI

Name of the
Operating Telangana, Karnataka, Andhra Pradesh
State(s)
No. of
14
Branch(es)
No. of Staff 353
Products
Micro Credit, Micro Insurance,
& Services
Remittance
Offered
Client Outreach
(in Lakh) as of 0.59
March 2013
Gross Loan
Portfolio (Rs
83.68
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 31


Andhra Pradesh

Name of the
Amy International
Organization
Legal Form NBFC
State Head
Andhra Pradesh
Quarter
Head of the Ms. Sruthi Prakash
Institution & Kanniyapura, Nellore
Contact Details Andhra Pradesh
Ph : 040 - 2457638
E-mail : amyint@gmail.com
Year of
2006
Establishment
Operating in
2
No. of State(s)
Name of the
TIER III MFI

Operating Andhra Pradesh, Uttrakhand


State(s)
No. of
6
Branch(es)
No. of Staff 24
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.36
March 2013
Gross Loan
Portfolio (Rs
8.00
in Crore) as of
March 2013

32 Directory of Microfinance Institutions (MFIs) in India


Andhra Pradesh
Name of the
Star MicroFin Service Society (SMSS)
Organization
Legal Form Society
State Head
Andhra Pradesh
Quarter
Head of the Mr. S.C. Hassain
Institution & # 17-178-17/1, Beside Telephone
Contact Details Exchange
Velugodu - 518 533
Kurnool District, Andhra Pradesh
Ph: 8517 235072 / 235756
E-mail : starmicrofin@rediffmail.com
sc_hassain@yahoo.co.in
Year of
2002
Establishment TIER III MFI
Operating in
1
No. of State(s)
Name of the
Operating Andhra Pradesh
State(s)
No. of
11
Branch(es)
No. of Staff 13
Products
Micro Credit, Micro Insurance, Health
& Services
& Sanitation, Housing & Energy
Offered
Client Outreach
(in Lakh) as of 0.36
March 2013
Gross Loan
Portfolio (Rs
18.67
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 33


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 & Rass Seva Nilayam,
Contact Details Annamaiah Marg
Tirupathi - 517 502
Chittoor District
Andhra Pradesh
Ph: 0877 22 42404
E-mail:rassrmp@gmail.com
Year of
1981
Establishment
TIER III MFI

Operating in
2
No. of State(s)
Name of the
Operating Andhra Pradesh, Tamil Nadu
State(s)
No. of
5
Branch(es)
No. of Staff 120
Products
Micro Credit, Micro Insurance, Health
& Services
& Sanitation, Education
Offered
Client Outreach
(in Lakh) as of 0.34
March 2014
Gross Loan
Portfolio (Rs
61.77
in Crore) as of
March 2014

34 Directory of Microfinance Institutions (MFIs) in India


Andhra Pradesh
Name of the
CRESA Financial Services Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Andhra Pradesh
Quarter
Head of the Mr. V. Prabhudas
Institution & D.NO. 73-12-4A, Near Muncipal School,
Contact Details Narayanapuram
Rajahmundry, East Godavari,
Andhra Pradesh-533106
Ph: 0883-2468540,2427045
E-mail: vprabhudas@yahoo.co.in,
vprabhudas@cresamicrofin.com,
Year of
1980
Establishment TIER III MFI
Operating in
1
No. of State(s)
Name of the
Operating Andhra Pradesh
State(s)
No. of
19
Branch(es)
No. of Staff 46
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.31
March 2013
Gross Loan
Portfolio (Rs
21.68
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 35


Andhra Pradesh

Name of the The Payakaraopeta Women's MACS


Organization Ltd
Legal Form Cooperative
State Head
Andhra Pradesh
Quarter
Head of the Mr. P V Ravi Kumar
Institution & Sivasurya Apartments, Main Road
Contact Details Payakaraopeta, Visakhapatnam
District Ph: 08854 - 252045
E-mail: pwmacs@yahoo.com
Year of
1997
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Andhra Pradesh


State(s)
No. of
4
Branch(es)
No. of Staff 46
Products
Micro Credit, Thrift & Microsaving,
& Services
Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.09
March 2014
Gross Loan
Portfolio (Rs
18.75
in Crore) as of
March 2014

36 Directory of Microfinance Institutions (MFIs) in India


Andhra Pradesh
Name of the Hope Integrated Rural Development
Organization Society
Legal Form Society
State Head
Andhra Pradesh
Quarter
Head of the Mr. L. Jayakumar
Institution & H-No. 45/142/8, Upstairs,
Contact Details Road No. 2, Venkataramana Colony,
Kurnool. 518003, Andhra Pradesh.
Ph: 9441319977
E- mail: hope_irdsknl@rediffmail.com
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Andhra Pradesh
State(s)
No. of
2
Branch(es)
No. of Staff 4
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.03
March 2013
Gross Loan
Portfolio (Rs
1.91
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 37


Andhra Pradesh

Name of the Potlakona Susthira Vyvasaya


Organization Paraspara Sahayaka Sahakara
Sangam
Legal Form Cooperative
State Head
Andhra Pradesh
Quarter
Head of the Mr. Sanna Janardhana Naidu
Institution & 1-56 Kalroadpally, Chandragiri (Mandal)
Contact Details Chittoor (District)
Andhra Pradesh-517112
Ph: 08585-276774
E-mail : grameena@yahoo.co.in
Year of
2008
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Andhra Pradesh
State(s)
No. of
1
Branch(es)
No. of Staff 1
Products
Micro Credit, Thrift & Microsaving,
& Services
Energy
Offered
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.04
in Crore) as of
March 2013

38 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the
RGVN (North East) Microfinance Ltd.
Organization
Legal Form NBFC
State Head
Assam
Quarter
Head of the Ms. Rupali Kalita
Institution & House No.2, Padma Path, Bye
Contact Details Lane No.8, Zoo Road Tiniali, R.G.
Baruah Road, Guwahati - 781 024
Ph: 0361-2464612
E-mail:rupali_rgvn@yahoo.com
Year of
2008
Establishment
Operating in
3
No. of State(s)
TIER II MFI

Name of the
Operating Arunachal Pradesh, Assam, Meghalaya
State(s)
No. of
106
Branch(es)
No. of Staff 549
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 1.68
March 2014
Gross Loan
Portfolio (Rs
124.32
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 39


Assam

Name of the
Asomi Finance Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Assam
Quarter
Head of the Mr. Subhra Jyoti Bharali
Institution & 4th Floor Above State Bank
Contact Details of India, Bharalumukh,
Guwahati-781009 (Assam)
Ph: 0361 2736212, 0361 2736213
E-mail: sjbharali@asomi.org
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
44
Branch(es)
No. of Staff 223
Products
& Services Micro credit
Offered
Client Outreach
(in Lakh) as of 0.47
March 2014
Gross Loan
Portfolio (Rs
35.18
in Crore) as of
March 2014

40 Directory of Microfinance 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 & National Games Villages
Contact Details Apartment, Flat No-402, 4th
Floor, A-15 Block, Borsajai, NH-
37, Guwahati, Assam -781029
Ph: 0361-2311208
E-mail: unacco_ro@rediffmail.com
Year of
2008
Establishment
Operating in
4
No. of State(s)
TIER III MFI

Name of the
Operating Assam, Manipur, Tripura, West Bengal
State(s)
No. of
28
Branch(es)
No. of Staff 173
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.47
March 2014
Gross Loan
Portfolio (Rs
32.23
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 41


Assam

Name of the Morigaon Zila Gramya Puthibharal


Organization Santha
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Sarat Chandra Koch
Institution & Rajagaon (Ward No- 1),
Contact Details P.O.- Morigaon,
District- Morigaon,
State-Assam - 782105
Ph: 03678-243191
E-mail: mzgps09@gmail.com
Year of
1986
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
1
Branch(es)
No. of Staff 19
Products
Micro Credit, Capacity Building &
& Services
Training, Livelihood Promotion
Offered
Client Outreach
(in Lakh) as of 0.30
March 2013
Gross Loan
Portfolio (Rs
1.57
in Crore) as of
March 2013

42 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the
Nightingale Finvest Pvt. Ltd.
Organization
Legal Form NBFC
State Head
Assam
Quarter
Head of the Mr. Mantu Nath Sarma
Institution & House No.85, D.R.Pathak
Contact Details Bhawan, Voltas Lane,
Natun Sarania, Chandmari,
Guwahati-781003, Assam, India
Ph: 9954758857
E-mail: nightingale2006@sify.com
Year of
1987
Establishment
Operating in
1
TIER III MFI
No. of State(s)
Name of the
Operating Assam
State(s)
No. of
2
Branch(es)
No. of Staff 12
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.19
March 2014
Gross Loan
Portfolio (Rs
15.25
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 43


Assam

Name of the
Grameen Sahara
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Sarat Chandra Das
Institution & Dubjani,
Contact Details PO/PS: Chhaygaon,
Dist: Kamrup, Assam - 781124
Ph: 03623-261927
E-mail: grameensahara@gmail.com
Year of
2002
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Assam, Meghalaya
State(s)
No. of
15
Branch(es)
No. of Staff 85
Products
Micro Credit, Micro Insurance,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.16
March 2014
Gross Loan
Portfolio (Rs
17.56
in Crore) as of
March 2014

44 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the
Pancharatna
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Biswakinkar Goswami
Institution & Vill. Dhekiabari, P.O. Kharsitha,
Contact Details Dist. Nalbari - 781 370 (Assam)
Ph: 03624-223610
Email: mail2pancharatna@yahoo.com
dwipen_ba@sify.com
Year of
1998
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
2
Branch(es)
No. of Staff 12
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.08
March 2013
Gross Loan
Portfolio (Rs
1.52
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 45


Assam

Name of the Social Action for Appropriate


Organization Transformation and Advancement in
Rural Areas (SATRA)
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Nani Kumar Saikia
Institution & Dhanai Bora Chowk, Sipajhar
Contact Details P.O.- Sipajhar, Dist.- Darrang,
Assam -784145
Ph: 03713-266000
E-mail: satrasipajhar@yahoo.co.uk,
satramf@rediffmail.com
Year of
2002
Establishment
Operating in
TIER III MFI

1
No. of State(s)
Name of the
Operating Assam
State(s)
No. of
4
Branch(es)
No. of Staff 17
Products
Micro Credit, Micro Insurance,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.08
March 2014
Gross Loan
Portfolio (Rs
3.71
in Crore) as of
March 2014

46 Directory of Microfinance 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
Contact Details Assam
Ph : 03663-285078
E-Mail:dhrubajyotidas2012@gmail.com
Year of
2000
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Assam
State(s)
No. of
3
Branch(es)
No. of Staff 28
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.07
March 2014
Gross Loan
Portfolio (Rs
6.25
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 47


Assam

Name of the
Gramya Vikash Mancha
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Prithibhusan Deka
Institution & NO. 1 Bardhanara
Contact Details P.O. Dakshingaon
District: Nalbari
Assam - 781350
Ph: 03624-283888/283740
E-mail: gvm_ngo@sify.com
pranm2_gvmngo@sify.com
Year of
1999
Establishment
Operating in
TIER III MFI

1
No. of State(s)
Name of the
Operating Assam
State(s)
No. of
1
Branch(es)
No. of Staff 12
Products
Micro Credit, Capacity Building &
& Services
Training
Offered
Client Outreach
(in Lakh) as of 0.05
March 2013
Gross Loan
Portfolio (Rs
1.08
in Crore) as of
March 2013

48 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the
Prochesta
Organization
Legal Form Cooperative
State Head
Assam
Quarter
Head of the Dr. Anjana Borkakati
Institution & House No. 2 (2nd Floor), Sonadhar
Contact Details Senapati Path, Silpukhuri,
Guwahati - 781 003, Assam
Ph: 0361-2660020
Email: prochesta@hotmail.com
prochesta.mfi@gmail.com
Year of
1998
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
7
Branch(es)
No. of Staff 73
Products
Micro Credit, Thrift & Microsaving,
& Services
Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
3.51
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 49


Assam

Name of the
Nightingale Charitable Society
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Mantu Nath Sarma
Institution & House No.85, D.R.Pathak Bhawan,
Contact Details Voltas Lane, Natun Sarania,
Chandmari, Guwahati-781003
Ph: 9954758857
E-mail: nightingale2006@sify.com
Year of
1997
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
8
Branch(es)
No. of Staff 42
Products
Micro Credit, Capacity Building &
& Services
Training , Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
2.43
in Crore) as of
March 2014

50 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the Centre For Development Action &
Organization Appropriate Technology (CADAT)
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Dhiren Deka
Institution & K.K.Path, Near SDO Office,
Contact Details P.O.-Biswanath Chariali,
Dist- Sonitpur, Assam
Ph: 3715222668
Email: centerfordev@gmail.com
Year of
1994
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
1
Branch(es)
No. of Staff 12
Products
& Services Mirco Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
0.18
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 51


Assam

Name of the
Gauripur Vivekananda Club
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Swapan Kumar Sarma
Institution & Sub Post: & Village: Khudimari Part-II
Contact Details (Beside Bamunpara Kalimandir)
Via P.O. Gauripur - 783331,
Dist. Dhubri, Assam
Ph : 03662-281544 (0)
E-mail: gvc70@yahoo.com
Year of
1970
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Assam
State(s)
No. of
2
Branch(es)
No. of Staff 8
Products
Micro Credit, Capacity Building &
& Services
Training
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.82
in Crore) as of
March 2013

52 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the
Organization Deshabandhu Club

Legal Form Society


State Head
Assam
Quarter
Head of the Dr. Sanjib Sikidar
Institution & Behara Bazar, Cachar, Assam
Contact Details Ph: 03841-259503
E-mail: deshabandhuclub@rediffmail.com
Year of
1966
Establishment
Operating in
1
No. of State(s)
Name of the
Operating Assam
TIER III MFI

State(s)
No. of
1
Branch(es)
No. of Staff 7
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.54
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 53


Assam

Name of the
Helpmate
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Sahanur Alam Laskar
Institution & Village - Tulargram Part - I,
Contact Details P.O-SonaI Mukh,
District - Cachar, Assam-788119
E-mail: helpmatesonai@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Assam
State(s)
No. of
1
Branch(es)
No. of Staff 2
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.16
in Crore) as of
March 2013

54 Directory of Microfinance Institutions (MFIs) in India


Assam
Name of the
Organization Pragati Rural Development Society

Legal Form Society


State Head
Assam
Quarter
Head of the Mr. Binod Deka
Institution & Vill. Hatimuria, P.O. Rajamayong,
Contact Details PS. Mayong
Dist. Morigaon (Assam) - 782411
Ph: 03678-248052
E-mail: binodeka@gmail.com
Year of
2005
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
5
Branch(es)
No. of Staff 10
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.10
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 55


Assam

Name of the
Global Welfare Society (Glows)
Organization
Legal Form Society
State Head
Assam
Quarter
Head of the Mr. Pratin Prasanta Chelleng
Institution & 2nd Floor, Dewan Market, Opp. ESIC
Contact Details Office, Bamunimaidan, Guwahati,
Kamrup, Assam-781021
Ph: 09957194665
E-mail: glows_ghy@yahoo.in
Year of
2001
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Assam
State(s)
No. of
1
Branch(es)
No. of Staff 6
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation,
Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.33
in Crore) as of
March 2013

56 Directory of Microfinance Institutions (MFIs) in India


Bihar
Name of the
Organization Saija Finance Pvt. Ltd

Legal Form NBFC


State Head
Bihar
Quarter
Head of the Mr. Shashi Ranjan Sinha
Institution & 3rd Floor, UMA Complex, Fraser Road
Contact Details Patna-800001
Ph: (612) 2332009
E-mail: saija.inc@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Bihar
State(s)
No. of
7
Branch(es)
No. of Staff 120
Products
& Services Micro Credit, Micro Pension
Offered
Client Outreach
(in Lakh) as of 0.48
March 2014
Gross Loan
Portfolio (Rs
51.47
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 57


Bihar

Name of the Center for Promoting Sustainable


Organization Livelihood
Legal Form Society
State Head
Bihar
Quarter
Head of the Mr. Sunil Choudhary
Institution & 3rd Floor, Prakash Bhawan
Contact Details Road No-39, Chitkohra, Anishabad,
Patna, Bihar
Ph: 0612-2251518
E-mail: sunil.cpslbihar@gmail.com
Year of
2003
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Bihar
State(s)
No. of
4
Branch(es)
No. of Staff 61
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.18
March 2014
Gross Loan
Portfolio (Rs
0.92
in Crore) as of
March 2014

58 Directory of Microfinance Institutions (MFIs) in India


Bihar
Name of the Centre for Development Orientation
Organization And Training (CDOT)

Legal Form Society


State Head
Bihar
Quarter
Head of the Mr. R R Kalyan
Institution & 607, Verma Boring Road Crossing
Contact Details Patna-800001
Ph: 0612-2540407
E-mail: info@cdotbihar.org,
rrkalyan@cdotbihar.org
Year of
2001
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Bihar
State(s)
No. of
9
Branch(es)
No. of Staff 70
Products Micro Credit, Micro Insurance, Health
& Services & Sanitation, Pension,
Offered Business Corespondent
Client Outreach
(in Lakh) as of 0.13
March 2014
Gross Loan
Portfolio (Rs
9.00
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 59


Bihar

Name of the
NIDAN Microfinance Foundation
Organization
Legal Form Sec 25 Company
State Head
Bihar
Quarter
Head of the Mr. Arbind Singh
Institution & 304, 3rd Floor, Maurya Tower,
Contact Details Maurya Lok Complex, Patna, Bihar
Ph: 0612-2220772
E-mail:microfinance@nidan.in
Year of
1996
Establishment
Operating in
2
No. of State(s)
Name of the
TIER III MFI

Operating Delhi, Bihar


State(s)
No. of
9
Branch(es)
No. of Staff 54
Products
Micro Credit, Micro insurance, Micro
& Services
pension.
Offered
Client Outreach
(in Lakh) as of 0.10
March 2013
Gross Loan
Portfolio (Rs
7.50
in Crore) as of
March 2013

60 Directory of Microfinance Institutions (MFIs) in India


Bihar
Name of the
Organization Trust Microfin Services

Legal Form Trust


State Head
Bihar
Quarter
Head of the Mr. Vijay Kumar
Institution & North of Orient Club, Amgola Road
Contact Details P.O.-Ramna, Muzaffarpur
Bihar-842002
Ph: 0621-2244315
E-mail: vijayksa@rediffmail.com
trusttms@rediffmail.com
Year of
2007
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Bihar
State(s)
No. of
3
Branch(es)
No. of Staff 16
Products
Micro Credit, Micro
& Services
Insurance
Offered
Client Outreach
(in Lakh) as of 0.08
March 2013
Gross Loan
Portfolio (Rs
0.14
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 61


Bihar

Name of the
Bihar Development Trust
Organization
Legal Form Trust
State Head
Bihar
Quarter
Head of the Mr. Dev Kumar Dubey
Institution & Shakuntala Bhawan,
Contact Details CCMR Road, Akashwani Chowk,
Bhagalpur-812001, Bihar
Ph: 06412-2300205
E-mail: rchandra1231@gmail.com
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Bihar
State(s)
No. of
2
Branch(es)
No. of Staff 12
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
1.16
in Crore) as of
March 2013

62 Directory of Microfinance Institutions (MFIs) in India


Bihar
Name of the People's Association for Research and
Organization Development

Legal Form Society


State Head
Bihar
Quarter
Head of the Shalini Kumar
Institution & 51, Regency Gardens,
Contact Details New Patliputra Colony,
Patna-800 013, Bihar
Ph: 06512283018
Email:shalini1978@gmail.com
pard1143@gmail.com
Year of
2002
Establishment
Operating in
3
TIER III MFI

No. of State(s)
Name of the
Operating Bihar, Jharkhand, Uttar Pradesh
State(s)
No. of
3
Branch(es)
No. of Staff 6
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.03
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 63


Bihar

Name of the
Mass Care International
Organization
Legal Form Society
State Head
Bihar
Quarter
Head of the Mr. Priya Ranjan
Institution & H.No.62, Road No.1, Friend's Colony,
Contact Details Ashiana Nagar Patna, Bihar - 800025
Ph: 9308127081
E-mail: masscareint@gmail.com
Year of
2005
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Bihar
State(s)
No. of
2
Branch(es)
No. of Staff 10
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.62
in Crore) as of
March 2014

64 Directory of Microfinance Institutions (MFIs) in India


Bihar
Name of the
Organization Gramyasheel

Legal Form Society


State Head
Bihar
Quarter
Head of the Mr. Chandrashekhar Jha
Institution & At & PO: Bina, District
Contact Details Supaul- 852131, Bihar
Ph: 06473-266111
E-mail: gramyasheelbihar@gmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Bihar
State(s)
No. of
1
Branch(es)
No. of Staff 6
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.23
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 65


Bihar

Name of the Bureau of Obligate and Accompainer


Organization for Rural (BOARD)
Legal Form Trust
State Head
Bihar
Quarter
Head of the Mr. Arvind Kumar
Institution & At & P.O: Shahjahanpur, Via:
Contact Details Nagarnausa, Dist.- Patna
Bihar- 801305
Ph: 612 2445627 / 2682698
E-mail: boardorg@rediffmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Bihar
State(s)
No. of
2
Branch(es)
No. of Staff 3
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.01
in Crore) as of
March 2013

66 Directory of Microfinance Institutions (MFIs) in India


Bihar
Name of the Societal Upliftment & Rural Action for
Organization Job & Empowerment (SURAJE)

Legal Form Society


State Head
Bihar
Quarter
Head of the Mr. Thakur Rabindra Nath
Institution & At & P.O: Karghar
Contact Details Distt.: Rohtas, Bihar-821107
Ph: 06184-266439, 06184-228417
E-mail: suraje_2005@sify.com,
contact@suraje.org
Year of
1985
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Bihar
State(s)
No. of
2
Branch(es)
No. of Staff 5
Products
& Services Micro Credit , Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.09
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 67


Delhi

Name of the
Satin Creditcare Network Ltd.
Organization
Legal Form NBFC
State Head
Delhi
Quarter
Head of the Mr. H P Singh
Institution & 5th Floor, Kundan Bhawan,
Contact Details Azadpur Commercial Complex,
Azadpur, Delhi -110033
Ph: 011-47545000
E-mail: hpsingh@satincreditcare.com
Year of
1990
Establishment
Operating in
10
No. of State(s)
TIER I MFI

Name of the Bihar, Chandigarh, Delhi, Haryana,


Operating Jammu, Madhya Pradesh, Punjab,
State(s) Rajasthan, Uttrakhand, Uttar Pradesh.
No. of
161
Branch(es)
No. of Staff 1437
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 7.97
March 2014
Gross Loan
Portfolio (Rs
784.83
in Crore) as of
March 2014

68 Directory of Microfinance Institutions (MFIs) in India


Delhi
Name of the
Organization Shikhar MIcrofinance Pvt. Ltd.

Legal Form NBFC


State Head
Delhi
Quarter
Head of the Mr. Satyavir Chakrapani
Institution & A-113, 2nd Floor, Sector 7,
Contact Details Palam Extention, Near ICICI Bank
Dwarka, New Delhi - 110077
Ph: 011-28082353
E-mail: info@shikharfin.com
Year of
2007
Establishment
Operating in
4
No. of State(s)
TIER III MFI

Name of the
Delhi, Haryana, Uttar Pradesh,
Operating
Uttrakhand
State(s)
No. of
21
Branch(es)
No. of Staff 105
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.28
March 2014
Gross Loan
Portfolio (Rs
28.79
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 69


Delhi

Name of the
Organization Humana People to People India

Legal Form Sec 25 Company


State Head
Delhi
Quarter
Head of the Mr. Sudhanshu Shekhar
Institution & 111/9-Z, Village Kishangarh,
Contact Details Vasant Kunj, New Delhi-110070.
Ph: 011-65137806,32947734
E-mail: sudhanshu.humana@gmail.com
Year of
2007
Establishment
Operating in
3
No. of State(s)
Name of the
TIER III MFI

Rajasthan, Uttar Pradesh,


Operating
Haryana
State(s)
No. of
11
Branch(es)
No. of Staff 118
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.27
March 2014
Gross Loan
Portfolio (Rs
3.61
in Crore) as of
March 2014

70 Directory of Microfinance Institutions (MFIs) in India


Delhi
Name of the
Organization Deepalaya

Legal Form Society


State Head
Delhi
Quarter
Head of the Mr. T.K. Mathew
Institution & 46, Institutional Area, D Block
Contact Details Janakpuri, New Delhi - 110 058
Ph: 011-28525908, 28522263,
28525326, 28520347
E-mail: tkmathew@deepalaya.org,
info@deepalaya.org,
Year of
1979
Establishment
Operating in
3
TIER III MFI

No. of State(s)
Name of the
Operating Delhi, Harayana, Uttarakhand
State(s)
No. of
10
Branch(es)
No. of Staff 15
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.09
March 2013
Gross Loan
Portfolio (Rs
7.29
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 71


Delhi

Name of the Ishara Finance and Rural Development


Organization Pvt. Ltd.

Legal Form NBFC


State Head
Delhi
Quarter
Head of the Mr. J.N.L Srivastava
Institution & 502, 5th Floor, Skipper Corner, 88,
Contact Details Nehru Place, New Delhi-110019
Ph: 011-40518437/26484648
E-mail: ishara.finance@rediffmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Uttar Pradesh


State(s)
No. of
12
Branch(es)
No. of Staff 35
Products
Micro Credit, Microinsurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
2.37
in Crore) as of
March 2014

72 Directory of Microfinance Institutions (MFIs) in India


Delhi
Name of the
Organization Prayas Juvenile Aid Centre Society

Legal Form Society


State Head
Delhi
Quarter
Head of the Mr. Amod Kanth
Institution & 59, Tughlakabad Institutional Area
Contact Details Delhi - 110062
Ph: 011-29955505, 29956244
011-27633200
E-mail: prayas_mf@rediffmail.com
Year of
1988
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Delhi, Bihar
State(s)
No. of
9
Branch(es)
No. of Staff 27
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.97
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 73


Delhi

Name of the Society For Promotion of Youth &


Organization Masses (SPYM)

Legal Form Society


State Head
Delhi
Quarter
Head of the Dr. Rajesh Kumar
Institution & 111/9, Opposite Sector B-4,
Contact Details Vasant Kunj, New Delhi – 110070
Ph: 011-26893872, 26896662
E-mail: spymdarjeeling@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal


State(s)
No. of
1
Branch(es)
No. of Staff 5
Products Micro Credit, Livelihood Promotion,
& Services Health & Sanitation, Education,
Offered Capacity Building & Training
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.69
in Crore) as of
March 2013

74 Directory of Microfinance Institutions (MFIs) in India


Gujarat
Name of the
Organization Arman Financial Services Ltd.

Legal Form NBFC


State Head
Gujarat
Quarter
Head of the Mr. Jayendra Patel
Institution & 502-3-4 Sakar 3,
Contact Details Opp. Old High Court, Off Ashram
Road, Ahmedabad, Gujarat - 380014
Ph: 079-30005000
E-mail: finance@armanindia.com
Year of
1992
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Gujarat
State(s)
No. of
28
Branch(es)
No. of Staff 282
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 2.08
March 2014
Gross Loan
Portfolio (Rs
141.66
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 75


Gujarat

Name of the
Organization Disha Microfin Pvt Ltd.

Legal Form NBFC


State Head
Gujarat
Quarter
Head of the Mr. Sameer Nanavati
Institution & 404, 4th Floor, 3rd Eye,
Contact Details Panchvati Cross Road
C G Road, Ahmedabad - 380006
Ph: (079) - 4009 9815
E-mail: contactus@disha.ifapl.com
Year of
2009
Establishment
Operating in
3
No. of State(s)
TIER II MFI

Name of the
Operating Gujarat, Madhya Pradesh, Rajasthan
State(s)
No. of
61
Branch(es)
No. of Staff 200
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 1.41
March 2014
Gross Loan
Portfolio (Rs
167.00
in Crore) as of
March 2014

76 Directory of Microfinance Institutions (MFIs) in India


Gujarat
Name of the
Organization Pahal Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Gujarat
Quarter
Head of the Ms.Daksha Shah
Institution & 806, Shiromani Complex
Contact Details Opp. Ocean Park, Satellite Road,
Ahmedabad - 380015.
Ph: 9228470069
E-mail: dakshashah_8@yahoo.com
Year of
2011
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Gujarat
State(s)
No. of
21
Branch(es)
No. of Staff 103
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.46
March 2014
Gross Loan
Portfolio (Rs
53.98
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 77


Gujarat

Name of the Shri Mahila Sewa Sahakari Bank Ltd.


Organization (Sewa Bank)

Legal Form Cooperative


State Head
Gujarat
Quarter
Head of the Ms. Jayshree Vyas
Institution & 109, Sakar-II, Opp. Town Hall,
Contact Details Ellisbridge, Ahmedabad- 380 006.
Ph: 9979883152
E-mail :kashyapi@sewabank.com
Year of
1974
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Gujarat
State(s)
No. of
7
Branch(es)
No. of Staff 180
Products Micro Credit, Thrift & Microsaving,
& Services Livelihood Promotion, Housing &
Offered Energy, Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.30
March 2013
Gross Loan
Portfolio (Rs
70.42
in Crore) as of
March 2013

78 Directory of Microfinance Institutions (MFIs) in India


Gujarat
Name of the
Organization M Power Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Gujarat
Quarter
Head of the Mr. K M Vishwanathan
Institution & 3rd Floor Amin Chambers, 85-B,
Contact Details Sampatrao Colony, Alkapuri
Vadodara - 390007.
Ph: 0265-2313141/42
Email : contact@mpowermicro.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Gujarat
State(s)
No. of
11
Branch(es)
No. of Staff 91
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.21
March 2014
Gross Loan
Portfolio (Rs
25.00
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 79


Gujarat

Name of the PRAYAS (Organisation for Sustainable


Organization Development)

Legal Form Trust


State Head
Gujarat
Quarter
Head of the Mr. Bhadresh Rawal
Institution & D/303, Sayona Heights, 'KH' Road,
Contact Details Near Sargasan Crossing, Hadmatiya,
Gandhinagar-382 006
Ph:079- 29289536
E-mail: mail@prayas4development.org
Year of
1997
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Gujarat, Madhya Pradesh
State(s)
No. of
12
Branch(es)
No. of Staff 117
Products
Micro Credit, Insurance, Health &
& Services
Sanitation
Offered
Client Outreach
(in Lakh) as of 0.17
March 2014
Gross Loan
Portfolio (Rs
7.40
in Crore) as of
March 2014

80 Directory of Microfinance Institutions (MFIs) in India


Gujarat
Name of the The Saath Saving And Credit Co Op
Organization Society Ltd.

Legal Form Cooperative


State Head
Gujarat
Quarter
Head of the Mr. Divyang Bhatnagar
Institution & 0/102, Nandavan-V,
Contact Details Near Prernatirth Jain Derasar,
Jodhpur, Ahmedabad,
Gujarat-380 015
Ph: 9624483689
E-mail: aakash.pyr@gmail.com
Year of
2002
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Gujarat
State(s)
No. of
7
Branch(es)
No. of Staff 77
Products
Micro Credit, Thrift & Microsaving,
& Services
Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
8.47
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 81


Haryana

Name of the
Organization S V Creditline Pvt. Ltd.

Legal Form NBFC


State Head
Haryana
Quarter
Head of the Mr. Rakesh Dubey
Institution & 5th Floor, Tower B, SAS
Contact Details Tower, Medicity, Sector-38,
Gurgaon -122001
Ph: 0124-4834600
E-mail: info@svcl.in
Year of
1996
Establishment
Operating in
3
No. of State(s)
TIER II MFI

Name of the
Rajasthan, Madhya Pradesh, Uttar
Operating
Pradesh
State(s)
No. of
49
Branch(es)
No. of Staff 377
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 1.90
March 2014
Gross Loan
Portfolio (Rs
146.78
in Crore) as of
March 2014

82 Directory of Microfinance Institutions (MFIs) in India


Jharkhand
Name of the
Organization Support

Legal Form Trust


State Head
Jharkhand
Quarter
Head of the Mr. Bhawani Shankar Gupta
Institution & D.V.C. Colony, Behind Hanuman Mandir
Contact Details Hazaribagh, Jharkhand – 825301
Ph: 06546- 266742
E-mail: supporthzb@indiatimes.com
Year of
2005
Establishment
Operating in
1
No. of State(s)
Name of the
TIER II MFI

Operating Jharkhand
State(s)
No. of
2
Branch(es)
No. of Staff 6
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.98
March 2014
Gross Loan
Portfolio (Rs
4.13
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 83


Jharkhand

Name of the
Organization Vedika Credit Capital Ltd

Legal Form NBFC


State Head
Jharkhand
Quarter
Head of the Mr. Gautam Jain
Institution & 406, Shrilok Complex,H B Road
Contact Details Ranchi-834001, Jharkhand
Ph: 0651- 2208249, 09431115133
E-mail: ceo@teamvedika.com,
gautamkala@hotmail.com
Year of
2007
Establishment
Operating in
2
No. of State(s)
TIER II MFI

Name of the
Operating Jharkhand,Bihar
State(s)
No. of
10
Branch(es)
No. of Staff 112
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.71
March 2014
Gross Loan
Portfolio (Rs
55.16
in Crore) as of
March 2014

84 Directory of Microfinance Institutions (MFIs) in India


Jharkhand
Name of the
Organization Ajiwika Society

Legal Form Sec 25 Company


State Head
Jharkhand
Quarter
Head of the Mr. Tanay Chakravarty
Institution & H/o Maulesh Kumar Singh
Contact Details Near New Telephone Exchange
Police Line, Belabagan
Deoghar - 814 112
Ph: 06432-292782,9431132527
E-mail : Jharkhandadmin@ajiwika.org
Year of
2006
Establishment
Operating in
2
TIER III MFI

No. of State(s)
Name of the
Operating Jharkhand, Bihar
State(s)
No. of
2
Branch(es)
No. of Staff 7
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.15
March 2013
Gross Loan
Portfolio (Rs
5.96
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 85


Jharkhand

Name of the
Organization Nav Bharat Jagriti Kendra

Legal Form Society


State Head
Jharkhand
Quarter
Head of the Mr. Satish Girija
Institution & At-Bahera, P.O-Brindavan
Contact Details Via-Chouparan, Dist-Hazaribag,
PIN - 825406 (Jharkhand)
Ph: 06546-263332, 266781
E-mail: satishgirija@gmail.com,
nbjkco@gmail.com
Year of
1971
Establishment
Operating in
2
TIER III MFI

No. of State(s)
Name of the
Operating Jharkhand, Bihar
State(s)
No. of
14
Branch(es)
No. of Staff 54
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.08
March 2014
Gross Loan
Portfolio (Rs
8.87
in Crore) as of
March 2014

86 Directory of Microfinance Institutions (MFIs) in India


Jharkhand
Name of the
Organization Samarthan Weakling Development

Legal Form Sec 25 Company


State Head
Jharkhand
Quarter
Head of the Mr. Bajrang Singh
Institution & At: Vill-Rajbari, PO+PS-Mihijam,
Contact Details Dist-Jamtara, State- Jharkhand,
PIN-815354 Ph: 9334668804
E-mail: samarthan_wdf@rediffmail.
com
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Jharkhand
State(s)
No. of
2
Branch(es)
No. of Staff 8
Products
Micro Credit, Micro Insurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.45
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 87


Jharkhand

Name of the
Organization Jan Sewa Parishad

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
E-mail: jspindia.org@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Jharkhand
State(s)
No. of
3
Branch(es)
No. of Staff 4
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.44
in Crore) as of
March 2013

88 Directory of Microfinance Institutions (MFIs) in India


Jharkhand
Name of the Micro Enterprise and Sustainable
Organization Project (MESP)

Legal Form Sec 25 Company


State Head
Jharkhand
Quarter
Head of the Mr. Niladri Sekhor Mukherjee
Institution & MESP, Oppo of DFO Office
Contact Details Belabgan, Dist & PO: Deoghar,
Jharkhand-814112
Ph: 06432-275566, 91-9431783945
E-mail: mesp.mukherjee4@gmail.com
Year of
2010
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Jharkhand
State(s)
No. of
2
Branch(es)
No. of Staff 6
Products
& Services Micro Credit, Livelihood Promotion
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.05
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 89


Jharkhand

Name of the
Organization Mahila Kalyan Samiti

Legal Form Society


State Head
Jharkhand
Quarter
Head of the Dr. Shyam Kunwar Bharti
Institution & Staff Colony,
Contact Details Near Dhori Dispensary
Bokaro-825102
Jharkhand
Ph: 06549 222117
E-mail: mksdb@outlook.in
Year of
1991
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Jharkhand
State(s)
No. of
1
Branch(es)
No. of Staff 42
Products Micro Credit, Women & Children
& Services Empowerment,
Offered Education, Health & Sanitation,
Livelihood Promotion
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.01
in Crore) as of
March 2013

90 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the Shri Kshethra Dharmasthala Rural
Organization Development Project

Legal Form Trust


State Head
Karnataka
Quarter
Head of the Dr. L. H. Manjunath
Institution & SKDRDP Dharmasri
Contact Details Building Dharmasthala
Karnataka - 574216
Ph: 08256-277215
E-mail: ed@skdrdpindia.org
Year of
1982
Establishment
Operating in
2
No. of State(s)
TIER I MFI

Name of the
Operating Karnataka, Kerala
State(s)
No. of
124
Branch(es)
No. of Staff 5208
Products Micro Credit, Micro Pension, Health
& Services & Sanitation, Insurance, Water,
Offered Education
Client Outreach
(in Lakh) as of 30.00
March 2014
Gross Loan
Portfolio (Rs
3200.29
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 91


Karnataka

Name of the Janalakshmi Financial Services Pvt.


Organization Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. V S Radhakrishnan
Institution & Rajashree Saroja Plaza, 34/1 Andree
Contact Details Road, Shanti Nagar
Bangalore - 560 027
Ph: 080-42595700
E-mail: raktima.agarwal@janalakshmi.com
arpita.jain@janalakshmi.com
Year of
2006
Establishment
Operating in
12
No. of State(s)
TIER I MFI

Name of the Delhi, Gujarat, Haryana, Karnataka,


Operating Madhya Pradesh, Maharashtra,
State(s) Puducherry, Punjab, Rajasthan, Tamil
Nadu, Uttar Pradesh, Uttarakhand
No. of
100
Branch(es)
No. of Staff 2365
Products
Micro Credit, Education, Housing &
& Services
Energy, Micro Pension, Life Insurance
Offered
Client Outreach
(in Lakh) as of 14.13
March 2014
Gross Loan
Portfolio (Rs
2052.94
in Crore) as of
March 2014

92 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the
Organization Ujjivan Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. Samit Ghosh
Institution & 93, Jakkasandra Extension
Contact Details Sarjapur Main Cross Road, 1st Block
Koramangala, Bangalore 560034
Ph: (80) 4071 2121
E-mail: ujjivan.blr@ujjivan.com
Year of
2004
Establishment
Operating in
21
No. of State(s)
Name of the Karnataka,Tamil Nadu, Kerela,
Operating Poducherry, Goa, West Bengal,
TIER I MFI

State(s) Assam, Meghalaya, Bihar, Jharkhand,


Odisha, Maharashtra, Gujarat, Madhya
Pradesh, Uttar Pradesh, Uttarakhand,
Delhi, Punjab, Chandigarh, Haryana,
Rajasthan
No. of
325
Branch(es)
No. of Staff 3862
Products Micro Credit, Education, Housing
& Services & Energy, Micro Insurance, Micro
Offered Pension, Remittance, other Credit plus
activities
Client Outreach
(in Lakh) as of 12.97
March 2014
Gross Loan
Portfolio (Rs
1617.27
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 93


Karnataka

Name of the
Organization Grameen Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. Suresh K Krishna
Institution & Avalahalli, Anjanapura Post, JP Nagar
Contact Details 9th Phase, Bangalore - 560108
Ph: 80 28436237
E-mail:suresh@grameenkoota.org
Year of
1999
Establishment
Operating in
3
No. of State(s)
Name of the
TIER I MFI

Operating Karnataka, Maharashtra, Tamil Nadu


State(s)
No. of
161
Branch(es)
No. of Staff 1300
Products
Micro Credit, Micro Insurance, Pension,
& Services
Health & Sanitation, Education
Offered
Client Outreach
(in Lakh) as of 5.05
March 2014
Gross Loan
Portfolio (Rs
809.52
in Crore) as of
March 2014

94 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the
Organization Sanghamithra Rural Financial Services

Legal Form Sec 25 Company


State Head
Karnataka
Quarter
Head of the Mr. R.D. Gadiyappanavar
Institution & No. 612, 1C Main Raod,
Contact Details Domlur Layout,
Bengaluru -560071.
Ph: 080 25350301, 25354708
E-mail: sanghamithra_rural@yahoo.co.in
Year of
1995
Establishment
Operating in
5
No. of State(s)
TIER II MFI

Name of the Karnataka, Tamil Nadu, Andhra


Operating Pradesh, Maharashtra, Madhya
State(s) Pradesh
No. of
77
Branch(es)
No. of Staff 151
Products
Micro Credit, Micro Insurance, Housing
& Services
& Sanitation
Offered
Client Outreach
(in Lakh) as of 1.34
March 2014
Gross Loan
Portfolio (Rs
119.91
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 95


Karnataka

Name of the
Organization BSS Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Dr. Ramesh Bellamkonda
Institution & No.11, 2nd Block, 2nd Stage, Near
Contact Details BDA Complex, Outer Ring Road,
Nagarbhavi Layout, Bangalore-560072.
Ph: 080-65732387/ 32711266,
E-mail: swamukti@swamukti.com,
bss@bssmicrofinance.co.in
Year of
1999
Establishment
Operating in
2
TIER II MFI

No. of State(s)
Name of the
Operating Karnataka, Maharashtra
State(s)
No. of
67
Branch(es)
No. of Staff 402
Products
& Services Micro Credit, Health & Sanitation
Offered
Client Outreach
(in Lakh) as of 1.34
March 2013
Gross Loan
Portfolio (Rs
188.18
in Crore) as of
March 2013

96 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the
Organization IDF Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. Vivekanand N Salimath
Institution & No.147 1st Floor, 11th 'C'
Contact Details Cross, 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
TIER II MFI

1
No. of State(s)
Name of the
Operating Karnataka
State(s)
No. of
14
Branch(es)
No. of Staff 180
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.73
March 2014
Gross Loan
Portfolio (Rs
59.65
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 97


Karnataka

Name of the
Samasta Microfinance Ltd.
Organization

Legal Form NBFC

State Head
Karnataka
Quarter

Head of the Mr. N. Venkatesh


Institution & 418, 1/2A, 4th Cross, 6th Main,
Contact Details Wilson Garden,Bangalore - 560027.
Ph: 080-42913500
E-mail: venkateshn@samasta.co.in

Year of
2008
Establishment

Operating in
2
No. of State(s)
TIER II MFI

Name of the
Operating Karnataka, Tamil Nadu
State(s)

No. of
28
Branch(es)

No. of Staff 174

Products
& Services Micro Credit
Offered

Client Outreach
(in Lakh) as of 0.53
March 2013

Gross Loan
Portfolio (Rs
49.13
in Crore) as of
March 2013

98 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the
Organization Chaitanya India Fin Credit Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. Anand Rao
Institution & Chaitanya India Fin Credit Pvt. Ltd.
Contact Details 169, 1st Floor, 5th Main,
Chamrajpet, Bangalore - 560018
Ph: 91-80-26677690
E-mail: rakesh@chaitanyaindia.in
Year of
2009
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Karnataka
State(s)
No. of
24
Branch(es)
No. of Staff 156
Products
Micro Credit, Micro Insurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.46
March 2014
Gross Loan
Portfolio (Rs
47.68
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 99


Karnataka

Name of the
Kaveri Credits (India) Pvt. Ltd.
Organization

Legal Form NBFC

State Head
Karnataka
Quarter

Head of the Mr. F. Stephen


Institution & 219/26, 6th Main, 4th Block,
Contact Details Jayanagar, Bangalore-560011
Ph: 080-26540956
E-mail:f.stephen@vsnl.com

Year of
2009
Establishment

Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu, Karnataka
State(s)

No. of
14
Branch(es)

No. of Staff 60

Products
& Services Micro Credit
Offered

Client Outreach
(in Lakh) as of 0.37
March 2013

Gross Loan
Portfolio (Rs
10.26
in Crore) as of
March 2013

100 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the Navachetana Microfin Services Pvt.
Organization Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. Nagendra V Mali
Institution & Hetaishi Shirur Building, P.B.Road
Contact Details Haveri-581110
Ph: 08375-235859
E-mail: malinagendra73@gmail.com
nagendra.mali@navachetana.in
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Karnataka
State(s)
No. of
14
Branch(es)
No. of Staff 75
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.26
March 2014
Gross Loan
Portfolio (Rs
28.69
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 101


Karnataka

Name of the
Organization Opportunity Microfinance India Ltd.

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)
TIER III MFI

Name of the
Operating Karnataka
State(s)
No. of
5
Branch(es)
No. of Staff 14
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.12
March 2013
Gross Loan
Portfolio (Rs
4.18
in Crore) as of
March 2013

102 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the Swathi Jyoti Mahila Vividodhesha
Organization Souharda Shakari Niyamita

Legal Form Cooperative


State Head
Karnataka
Quarter
Head of the Mr. Balakrishnan S
Institution & No 52, 4th Main, Postal Colony
Contact Details Sanjay Nagar, Bangalore – 560094
Karnataka
Ph: 91-80-23413736
E -mail:swathijyoti@gmail.com
bala@vrutti.org
Year of
2007
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Karnataka
State(s)
No. of
5
Branch(es)
No. of Staff 15
Products
& Services Micro Credit, Thrift & Microsaving
Offered
Client Outreach
(in Lakh) as of 0.08
March 2013
Gross Loan
Portfolio (Rs
2.82
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 103


Karnataka

Name of the
Organization Rors Finance Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. P. Sathyanarayana Reddy
Institution & 65, Ramakrishna Extension,
Contact Details Srinivasapura - 563135,
Kolar District,
Karnataka
Ph: 08157 246278
E-mail: info@rors.in
Year of
2005
Establishment
Operating in
2
TIER III MFI

No. of State(s)
Name of the
Operating Karnataka, Tamil Nadu
State(s)
No. of
11
Branch(es)
No. of Staff 49
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
7.21
in Crore) as of
March 2014

104 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the
Organization Kashi Vishwanatha Vidya Samsthe

Legal Form Society


State Head
Karnataka
Quarter
Head of the Mr. Anoj Viswanathan
Institution & SJM Nagar, Kondaji Road, 1st Main,
Contact Details 2nd Cross, Davangere, Karnataka
Ph: 8880340333
E-mail: feedback@milaap.org
partner@milaap.org
Year of
2003
Establishment
Operating in
12
No. of State(s)
TIER III MFI

Name of the Andhra Pradesh, Bihar, Karnataka,


Operating Kerala, Maharashtra, Mizoram,
State(s) Odisha, Rajasthan, Tamil Nadu, Uttar
Pradesh, West Bengal
No. of
2
Branch(es)
No. of Staff 8
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2013
Gross Loan
Portfolio (Rs
3.16
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 105


Karnataka

Name of the
Organization Nirantara Community Services

Legal Form Society


State Head
Karnataka
Quarter
Head of the Mr. Niranjan Sheelavant ​
Institution & No. 8/19, 2nd Floor, 1st Main,
Contact Details 8th Cross, Ganesha Block, Near
Mahalakshmi Layout Bus Stand,
Mahalakshmi Layout, Nandini Layout
Post, Bangalore 560096, Karnataka
Ph: 80 23 575 288
E-mail: info@nirantara.org,
niranjan@nirantara.org
Year of
2006
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Karnataka
State(s)
No. of
5
Branch(es)
No. of Staff 20
Products
Micro Credit, Micro Insurance
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.05
March 2013
Gross Loan
Portfolio (Rs
2.96
in Crore) as of
March 2013

106 Directory of Microfinance Institutions (MFIs) in India


Karnataka
Name of the
Organization Samrudhi

Legal Form Society


State Head
Karnataka
Quarter
Head of the Mr. Sanju Kumar
Institution & H.No.1-866/120/A/105,
Contact Details Khedkar Layout, Behind Bus Stand,
M.S.K Mill Road, Gulbarga-585102,
Karnataka State, India
Ph: 08472 273698
E-mail: sanju@samrudhi-india.org
Year of
2007
Establishment
Operating in
TIER III MFI
1
No. of State(s)
Name of the
Operating Karnataka
State(s)
No. of
4
Branch(es)
No. of Staff 25
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.04
March 2013
Gross Loan
Portfolio (Rs
2.30
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 107


Karnataka

Name of the
Organization Shri Shiv Gayatri Infin Pvt. Ltd.

Legal Form NBFC


State Head
Karnataka
Quarter
Head of the Mr. Niranjan Sheelavant ​
Institution & No. 8/19, 2nd Floor, 1st Main,
Contact Details 8th Cross, Ganesha Block, Near
Mahalakshmi Layout Bus Stand,
Mahalakshmi Layout, Nandini Layout
Post, Bangalore 560096, Karnataka
Ph: 080-23575288
E-mail: niranjan@nirantara.org
Year of
1997
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Karnataka
State(s)
No. of
1
Branch(es)
No. of Staff 5
Products
Micro Credit, Micro Insurance,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.15
in Crore) as of
March 2013

108 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the
Organization Muthoot Fincorp Ltd.

Legal Form NBFC


State Head
Kerala
Quarter
Head of the Mr. Sadaf Sayeed,
Institution & Muthoot Mahila Mitra
Contact Details 5th Floor, Muthoot Towers
Ernakulam, Kerala – 682035
Ph: 0484 4161678
E-mail: sadaf.sayeed@muthoot.com
Year of
2010
Establishment
Operating in
8
No. of State(s)
TIER I MFI

Name of the Maharashtra, Karnataka, Gujarat,


Operating Tamil Nadu, Kerala, Goa, Pondicherry,
State(s) Odisha
No. of
255
Branch(es)
No. of Staff 2549
Products Micro Credit, Insurance, Remittance,
& Services Water & Sanitation, Animal
Offered Husbandary
Client Outreach
(in Lakh) as of 8.53
March 2014
Gross Loan
Portfolio (Rs
925
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 109


Kerala

Name of the ESAF Microfinance and Investments


Organization Pvt. Ltd.

Legal Form NBFC


State Head
Kerala
Quarter
Head of the Mr. K. Paul Thomas
Institution & 2nd Floor Hepzibah Complex,
Contact Details Mannuthy, Thrissur
Kerala- 680651
Ph: 0487-2373813
E-mail: paul@esafmicrofin.com
Year of
1995
Establishment
Operating in
5
No. of State(s)
TIER I MFI

Name of the
Kerala, Tamil Nadu, Maharashtra,
Operating
Chhattisgarh, Madhya Pradesh
State(s)
No. of
148
Branch(es)
No. of Staff 1429
Products
Micro Credit, Micro Insurance,
& Services
Livelihood Promotion.
Offered
Client Outreach
(in Lakh) as of 4.47
March 2014
Gross Loan
Portfolio (Rs
603.72
in Crore) as of
March 2014

110 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the Hope Microcredit Finance (India) Pvt.
Organization Ltd.

Legal Form NBFC


State Head
Kerala
Quarter
Head of the Mr. Raju Kuriachan
Institution & Sree Sakthi Complex,
Contact Details Coimbatore Road, Kalmandapam
Palakkad - 678 001, Kerala
Ph: 0491- 2544011/2544018
E -mail : humandc@gmail.com.
Year of
2010
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Kerala
State(s)
No. of
46
Branch(es)
No. of Staff 414
Products
& Services Micro Credit, Health & Sanitation
Offered
Client Outreach
(in Lakh) as of 1.81
March 2013
Gross Loan
Portfolio (Rs
55.01
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 111


Kerala

Name of the
Organization Bharat Sevak Samaj (BSS)

Legal Form Society


State Head
Kerala
Quarter
Head of the Mr. B. S. Balachandran
Institution & Sadbhavana Bhavan,
Contact Details Brahmins Colony, Kowdiar P.O.
Thiruvananthapuram - 695003, Kerala
Ph: 0471-2433845, 2434301
E-mail: nfo@bharatsevaksamaj.org
bss.headoffice@gmail.com
Year of
1998
Establishment
Operating in
1
TIER II MFI

No. of State(s)
Name of the
Operating Kerala
State(s)
No. of
4
Branch(es)
No. of Staff 295
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.78
March 2013
Gross Loan
Portfolio (Rs
42.44
in Crore) as of
March 2013

112 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the
Organization DORA Trust

Legal Form Trust


State Head
Kerala
Quarter
Head of the Mr. Abraham P. John
Institution & C/O Believers Church,
Contact Details St: Thomas Nagar, Kuttappuzha
P O. Thiruvalla, Pathanamthitta
Kerala-689103
Ph: 0469-2630813
E-mail: abrahampjohn@bcasia.org
Year of
2010
Establishment
Operating in
5
TIER II MFI

No. of State(s)
Name of the
Kerala, Tamil Nadu, Delhi, Haryana,
Operating
Uttar Pradesh
State(s)
No. of
30
Branch(es)
No. of Staff 277
Products Micro Credit, Micro Insurance,
& Services Health & Sanitation, Women and Child
Offered Empowerment
Client Outreach
(in Lakh) as of 0.73
March 2013
Gross Loan
Portfolio (Rs
49.88
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 113


Kerala

Name of the
Organization Shalom Microfinance Ltd.

Legal Form NBFC


State Head
Kerala
Quarter
Head of the Mr. Jayson Joy M.J
Institution & Bldg.No-59, Shalom Bhavan, Devi
Contact Details Nagar, Nurani P.O., Palakkad - 678004,
Kerala
Ph: 491- 2504115/6/7
E-mail: shalomtrust@gmail.com,
jaysonjoy@gmail.com
Year of
2004
Establishment
Operating in
2
TIER III MFI

No. of State(s)
Name of the
Operating Kerala, Tamil Nadu
State(s)
No. of
26
Branch(es)
No. of Staff 175
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.41
March 2013
Gross Loan
Portfolio (Rs
44.44
in Crore) as of
March 2013

114 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the
Organization Welfare Services Ernakulam

Legal Form Society


State Head
Kerala
Quarter
Head of the Fr. Paul Cherupilly
Institution & Ponnurunni, Vyttila P.O. Kochi,
Contact Details Kerala-682 019
Ph:484-2344243, 484-2535858
E-mail: wescocredit@gmail.com
wseekm@gmail.com
Year of
1965
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Kerala
State(s)
No. of
6
Branch(es)
No. of Staff 36
Products
Micro Credit, Micro Finance, Micro
& Services
Insurance
Offered
Client Outreach
(in Lakh) as of 0.39
March 2014
Gross Loan
Portfolio (Rs
35.35
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 115


Kerala

Name of the Chemmanur Credits and Investments


Organization Ltd.

Legal Form NBFC


State Head
Kerala
Quarter
Head of the Mr. V. Krishna Chandran
Institution & Round South, Thrissur
Contact Details Kerala-680001.
Ph: 0487 3041200 ,0487 2424010
Email: mail@chemmanurcredits.com
Year of
2011
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Kerala
State(s)
No. of
10
Branch(es)
No. of Staff 45
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.20
March 2013
Gross Loan
Portfolio (Rs
20.00
in Crore) as of
March 2013

116 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the
Organization Vision India Charitable Trust

Legal Form Trust


State Head
Kerala
Quarter
Head of the Dr. Vionopaul
Institution & 13/635(3), Keerthy House, Mankavu
Contact Details Palakkad-678001, Kerala, India
Ph: 0491-2548020,90
E-mail: visionindia.in@gmail.com
contact@visionindia.asia
vinopaul@hotmail.com
Year of
2007
Establishment
Operating in
2
TIER III MFI

No. of State(s)
Name of the
Operating Kerala, Tamil Nadu
State(s)
No. of
10
Branch(es)
No. of Staff 46
Products
Micro Credit, Micro Insurance,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.13
March 2013
Gross Loan
Portfolio (Rs
9.56
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 117


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-686001, Kerala
Contact Details Ph: 0477-2241281
E-mail: alpfreed@gmail.com
Year of
1994
Establishment
Operating in
1
No. of State(s)
Name of the
Operating Kerala
TIER III MFI

State(s)
No. of
2
Branch(es)
No. of Staff 27
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.07
March 2014
Gross Loan
Portfolio (Rs
6.09
in Crore) as of
March 2014

118 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the
Organization Jeevankiran

Legal Form Society


State Head
Kerala
Quarter
Head of the Mr. Benny. K .Joseph
Institution & Sreekrishna Temple Road,Kolazhy
Contact Details P.O, Thrissur Dt.,Kerala - 680 010.
Ph: 0487-2201787, 9446072787
E-mail: gregoryim@rediffmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Kerala
State(s)
No. of
5
Branch(es)
No. of Staff 25
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
3.09
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 119


Kerala

Name of the
Organization Integrated Development Centre (IDC)

Legal Form Society


State Head
Kerala
Quarter
Head of the Mr. K.K.M.Haneef
Institution & Near Police Station,
Contact Details Thamarassery.P.O.
Kozhikode, Kerala -673 573
Ph: 0495 2220300
E-mail: idcthamarassery@gmail.com
idcthamarassery@yahoo.com
Year of
2000
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Kerala
State(s)
No. of
1
Branch(es)
No. of Staff 14
Products
Micro Credit, Micro Insurance (Life,
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.16
March 2013
Gross Loan
Portfolio (Rs
2.35
in Crore) as of
March 2013

120 Directory of Microfinance Institutions (MFIs) in India


Kerala
Name of the
Organization Janashree MicroFin Ltd.

Legal Form NBFC


State Head
Kerala
Quarter
Head of the Mr. M . M. Hassan
Institution & Janashree Bhavan
Contact Details Edappazhinji
Thiruvananthapuram
Kerala
Ph: 0471 2332899
E-mail: janashreemicrofin@gmail.com
Year of
2010
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Kerala
State(s)
No. of
14
Branch(es)
No. of Staff 72
Products
Micro Credit, Capacity Building &
& Services
Training
Offered
Client Outreach
(in Lakh) as of 0.31
March 2013
Gross Loan
Portfolio (Rs
5.20
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 121


Madhya Pradesh

Name of the
Organization Sahayog Microfinance Ltd.

Legal Form NBFC


State Head
Madhya Pradesh
Quarter
Head of the Mr. Amul Urdhwareshe
Institution & E-7/88, Lala Lajpat Rai Society, Arera
Contact Details Colony, Bhopal - 462016
Madhya Pradesh
Ph: 755 4246330
E- mail: ankitpawar01@gmail.com
Year of
2009
Establishment
Operating in
2
No. of State(s)
TIER II MFI

Name of the
Operating Madhya Pradesh, Maharashtra
State(s)
No. of
61
Branch(es)
No. of Staff 363
Products
& Services Micro credit
Offered
Client Outreach
(in Lakh) as of 0.72
March 2013
Gross Loan
Portfolio (Rs
103.61
in Crore) as of
March 2013

122 Directory of Microfinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Samhita Community Development
Organization Services

Legal Form Sec 25 Company


State Head
Madhya Pradesh
Quarter
Head of the Ms. Praseeda Kunam
Institution & G-2/258, Gulmohar Colony,
Contact Details Bawadia Kala, Shahpura,
Bhopal, Madhya Pradesh-462039
Ph: 0755-4278606
E-mail: accounts@samhita.co.in
Year of
2007
Establishment
Operating in
3
No. of State(s)
TIER II MFI

Name of the
Madhya Pradesh, Uttar Pradesh,
Operating
Chhattisgarh
State(s)
No. of
46
Branch(es)
No. of Staff 248
Products Micro Credit, Micro Pension, Micro
& Services Insurance, Education, Capacity
Offered Building & Training
Client Outreach
(in Lakh) as of 0.58
March 2014
Gross Loan
Portfolio (Rs
20.97
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 123


Madhya Pradesh

Name of the
Organization Priyasakhi Mahila Sangh

Legal Form Society


State Head
Madhya Pradesh
Quarter
Head of the Ms. Arti Kushwah
Institution & 23-26, Rajabag Colony, Near Kushwah
Contact Details Nagar, Sanwer Road
Indore (M.P.) - 452015
Ph. 0731-2430456, 2425310, 2420310
E-mail: pmsindore@yahoo.co.in
Year of
2001
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Madhya Pradesh
State(s)
No. of
12
Branch(es)
No. of Staff 90
Products
Micro Saving, Micro Credit and Micro
& Services
Insurance
Offered
Client Outreach
(in Lakh) as of 0.17
March 2013
Gross Loan
Portfolio (Rs
5.43
in Crore) as of
March 2013

124 Directory of Microfinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Aprajita Mahila Sakh Sahkarita
Organization Maryadit

Legal Form Cooperative


State Head
Madhya Pradesh
Quarter
Head of the Ms. Rekha Ramje
Institution & 121, Aadarsh Bijasan Nagar, Behind
Contact Details Choukse Darmshala, Pardeshipura,
Indore - 452003, Madhya Pradesh
Ph: 0731-4053202, 2903587
E-mail: aprajitaceo@gmail.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Madhya Pradesh
State(s)
No. of
1
Branch(es)
No. of Staff 16
Products
Micro Credit, Thrift & Microsaving,
& Services
Micro Insurance (Non-Health)
Offered
Client Outreach
(in Lakh) as of 0.06
March 2013
Gross Loan
Portfolio (Rs
1.53
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 125


Madhya Pradesh

Name of the
Organization Sambhav Social Service Organization

Legal Form Society


State Head
Madhya Pradesh
Quarter
Head of the Dr.S.K.Singh
Institution & Lincoln House
Contact Details 19, New Vivekanand Colony,
Balwant Nagar Ext.
Gandhi Road,
Gwalior- 474002, Madhya Pradesh
Ph: 0751-2341995,4011191
E-mail: sambhavngo@gmail.com
Year of
2007
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Madhya Pradesh
State(s)
No. of
10
Branch(es)
No. of Staff 31
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2013
Gross Loan
Portfolio (Rs
2.70
in Crore) as of
March 2013

126 Directory of Microfinance Institutions (MFIs) in India


Madhya Pradesh
Name of the
Organization Yukti Samaj Sewa Society

Legal Form Society


State Head
Madhya Pradesh
Quarter
Head of the Mr. Sanjay Tiwari
Institution & Near Meenakshi Chowk,
Contact Details I.T.I. Road, Hoshangabad,
Madhya Pradesh-461001
Ph: 919993183229
E-mail: st_tiwari1977@yahoo.com
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Madhya Pradesh
State(s)
No. of
1
Branch(es)
No. of Staff 8
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.05
March 2013
Gross Loan
Portfolio (Rs
0.34
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 127


Madhya Pradesh

Name of the
Organization Lok Biradari Trust

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
TIER III MFI

Operating Madhya Pradesh


State(s)
No. of
5
Branch(es)
No. of Staff 17
Products
Micro Credit, Microinsurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
3.45
in Crore) as of
March 2014

128 Directory of Microfinance Institutions (MFIs) in India


Madhya Pradesh
Name of the Swashrayee Mahila Sakha Sahakarita
Organization Maryadit

Legal Form 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: 0731-2484865
E-mail: smssmcoop@gmail.com
Year of
1989
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Madhya Pradesh


State(s)
No. of
2
Branch(es)
No. of Staff 28
Products
Micro Credit, Thrift & Microsaving,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
5.35
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 129


Madhya Pradesh

Name of the
Organization Anupama Education Society

Legal Form Sec 25 Company


State Head
Madhya Pradesh
Quarter
Head of the Ms. Shaila Tiwari
Institution & Anupama Education Society, HIG- 57,
Contact Details Bharut Nagar, Satna
Madhya Pradesh
Ph: 07672 - 409022
E-mail: aesmfin@yahoo.co.in
Year of
2010
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Madhya Pradesh
State(s)
No. of
2
Branch(es)
No. of Staff 3
Products Micro Credit, Health & Sanitation,
& Services Micro insurance (Non-Health) ,
Offered Remittance, Pension
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.46
in Crore) as of
March 2013

130 Directory of Microfinance Institutions (MFIs) in India


Madhya Pradesh
Name of the
Organization Bal Mahila Vikas Samiti (VAMA)

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: 0751-2457438
E-mail: bmvs1988@yahoo.co.in
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Madhya Pradesh
State(s)
No. of
1
Branch(es)
No. of Staff 13
Products
Micro Credit, Health & Sanitation,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.77
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 131


Maharashtra

Name of the
Organization L & T Finance Ltd.

Legal Form NBFC


State Head
Maharashtra
Quarter
Head of the Mr. R. Sathyanarayanan
Institution & L & T Houses, N.M Marg, Ballard
Contact Details Estate, Mumbai, Maharashtra.
Ph: 022-67525656
E-mail: TahavarKhan@ltfinance.com,
rsathya@ltfinance.com
Year of
2008
Establishment
Operating in
8
No. of State(s)
TIER I MFI

Name of the Maharashtra, Odisha, Andhra Pradesh,


Operating West Bengal, Karnataka, Gujarat, Tamil
State(s) Nadu, Madhya Pradesh
No. of
190
Branch(es)
No. of Staff 1017
Products
& Services Micro Credit - JLG & Individual
Offered
Client Outreach
(in Lakh) as of 5.59
March 2014
Gross Loan
Portfolio (Rs
414.10
in Crore) as of
March 2014

132 Directory of Microfinance Institutions (MFIs) in India


Maharashtra
Name of the
Organization Suryoday Microfinance Pvt. Ltd.

Legal Form NBFC


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: 022-41227210
E-mail: bgshiva@suryodaymf.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
TIER I MFI

Name of the
Operating Maharashtra
State(s)
No. of
46
Branch(es)
No. of Staff 402
Products Micro Credit, Health & Sanitation,
& Services Education, Capacity Building &
Offered Training
Client Outreach
(in Lakh) as of 2.74
March 2014
Gross Loan
Portfolio (Rs
326.75
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 133


Maharashtra

Name of the
Organization Swadhaar FinServe Pvt. Ltd.

Legal Form NBFC


State Head
Maharashtra
Quarter
Head of the Ms. Veena Mankar
Institution & Tenement 1/3 & 1/4,Old MHB Colony,
Contact Details Anand Nagar, Santacruz (E)
Mumbai-400 055
Ph: 022-6137 8700
Email: vmankar@gmail.com
Year of
2008
Establishment
Operating in
2
No. of State(s)
TIER II MFI

Name of the
Operating Maharashtra, Gujarat
State(s)
No. of
25
Branch(es)
No. of Staff 369
Products
& Services Micro Credit, Education
Offered
Client Outreach
(in Lakh) as of 1.57
March 2014
Gross Loan
Portfolio (Rs
204.00
in Crore) as of
March 2014

134 Directory of Microfinance Institutions (MFIs) in India


Maharashtra
Name of the Annapurna Mahila Co op Credit
Organization Society Ltd.

Legal Form Cooperative


State Head
Maharashtra
Quarter
Head of the Dr.Medha Samant
Institution & "C" Wing, Shubham Heights, Off
Contact Details Mumbai-Bangalore Highway, Service
Road, Next to Runwal Project, Warje,
Pune - 411 058
Ph: 08888863458
Email : secretary@annapurnapariwar.org
Year of
1993
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Maharashtra
State(s)
No. of
15
Branch(es)
No. of Staff 138
Products Micro Credit, Thrift & Microsaving,
& Services Pension, Health & Life Insurance,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.45
March 2014
Gross Loan
Portfolio (Rs
40.27
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 135


Maharashtra

Name of the
Organization Intrepid Finance and Leasing Pvt. Ltd.

Legal Form NBFC


State Head
Maharashtra
Quarter
Head of the Mr. Vipr Bhardawaj
Institution & Plot 38/39, Tarun Bharat, Sector-30,
Contact Details 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)
TIER III MFI

Name of the
Maharashtra, Madhya Pradesh, Uttar
Operating
Pradesh, Bihar, Karnataka
State(s)
No. of
23
Branch(es)
No. of Staff 101
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.44
March 2014
Gross Loan
Portfolio (Rs
40.58
in Crore) as of
March 2014

136 Directory of Microfinance Institutions (MFIs) in India


Maharashtra
Name of the
Organization Svasti Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Maharashtra
Quarter
Head of the P. Arun Kumar
Institution & 346/348, 2nd Floor, Dreams The Mall,
Contact Details LBS Marg, Near Bhandup Station,
Bhandup West, Mumbai-400 078
Ph: 022- 42666700
Email : info@svasti.in
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Maharashtra
State(s)
No. of
10
Branch(es)
No. of Staff 148
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.31
March 2013
Gross Loan
Portfolio (Rs
42.00
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 137


Maharashtra

Name of the
Organization Sampada Trust

Legal Form Trust


State Head
Maharashtra
Quarter
Head of the Mr. Crispino Lobo
Institution & Behind Market Yard,
Contact Details Ahmednagar-414 001
Ph: 241 2451311, 2450188
E-mail: info@sampada.org
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Maharashtra
State(s)
No. of
10
Branch(es)
No. of Staff 60
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health &
Offered Sanitation, Education, Capacity
Building & Training
Client Outreach
(in Lakh) as of 0.09
March 2014
Gross Loan
Portfolio (Rs
3.20
in Crore) as of
March 2014

138 Directory of Microfinance Institutions (MFIs) in India


Maharashtra
Name of the
Organization Hindusthan Microfinance Pvt. Ltd.

Legal Form NBFC


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: 022-28520410
E-mail: hindusthan.anil@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Maharashtra
State(s)
No. of
3
Branch(es)
No. of Staff 36
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.07
March 2014
Gross Loan
Portfolio (Rs
7.72
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 139


Maharashtra

Name of the
Organization Sakhi Samudaya Kosh

Legal Form Sec 25 Company


State Head
Maharashtra
Quarter
Head of the Mr. Rajesh Badakh
Institution & Plot No. 56 B, Behind
Contact Details Lokhandwala Vihar, Hotgi Road,
Solapur, Maharashra - 413003
Ph:0217-2602907
E-mail: sskmfsolapur@gmail.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Maharashtra
State(s)
No. of
5
Branch(es)
No. of Staff 47
Products
Micro Credit, Micro Insurance,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.06
March 2013
Gross Loan
Portfolio (Rs
9.87
in Crore) as of
March 2013

140 Directory of Microfinance Institutions (MFIs) in India


Maharashtra
Name of the
Organization Jagdhan Finance and Investment Ltd.

Legal Form NBFC


State Head
Maharashtra
Quarter
Head of the Meenal Patole
Institution & 15/3 & 15/4, Second Floor,
Contact Details Chandrodhay CHS, Near Swastik Park,
S.G. Barve Marg, Chembur,
Mumbai-400071, Maharashtra
Ph: 91-22-25271551
E-mail: info@amil.co.in
Year of
2011
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Maharashtra
State(s)
No. of
5
Branch(es)
No. of Staff 35
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.05
March 2013
Gross Loan
Portfolio (Rs
5.00
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 141


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,
Contact Details Kunte Mala, Mahavir Colony,
Sangli - 416 416
Ph: 0233-2321190
E-mail: irced2007@yahoo.co.in
Year of
2005
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Maharashtra
State(s)
No. of
2
Branch(es)
No. of Staff 22
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.04
March 2014
Gross Loan
Portfolio (Rs
4.57
in Crore) as of
March 2014

142 Directory of Microfinance Institutions (MFIs) in India


Maharashtra
Name of the
Organization dMatrix Development Foundation

Legal Form Sec 25 Company


State Head
Maharashtra
Quarter
Head of the Mr. Pravin Mankar
Institution & P.O. Dattapur, Tal & Dist. Wardha
Contact Details PIN - 442001 (Maharashtra)
Ph: 9423889145
E-mail: pravin.wda@gmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Maharashtra
State(s)
No. of
1
Branch(es)
No. of Staff 5
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
1.06
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 143


Maharashtra

Name of the Samruddhi Welfare Development


Organization Foundation

Legal Form Sec 25 Company


State Head
Maharashtra
Quarter
Head of the Mrs. H. Bedi
Institution & Flat No.2, Pooja Heritage,
Contact Details Plot No.46, Anand Park, Lane No.3,
Aundh, Pune - 411 007
Maharashtra
Ph. No. 0091 20 25887524
E- mail: samruddhiwdf@gmail.com
Year of
2009
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Maharashtra
State(s)
No. of
1
Branch(es)
No. of Staff 7
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.46
in Crore) as of
March 2014

144 Directory of Microfinance Institutions (MFIs) in India


Manipur
Name of the
Organization North East Region Finservices Ltd.

Legal Form NBFC


State Head
Manipur
Quarter
Head of the Mr. K. James Lalrongbawl
Institution & Block, Plot No 2, Jim Plaza, LSC,
Contact Details Vikaspuri, New Delhi - 110085
Ph: 011-25534448
E-mail: vedprakash1949@gmail.com
Year of
2002
Establishment
Operating in
13
No. of State(s)
Name of the Arunachal Pradesh, Assam,
TIER II MFI

Operating Chandigarh, Delhi,Himachal


State(s) Pradesh, Haryana,Karnataka,
Manipur,Meghalaya, Mizoram,
Nagaland, Panjab, Uttarakhand
No. of
125
Branch(es)
No. of Staff 947
Products
& Services Micro Credit, Livelihood Promotion
Offered
Client Outreach
(in Lakh) as of 1.28
March 2014
Gross Loan
Portfolio (Rs
385.04
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 145


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
1989
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Manipur, Mizoram
State(s)
No. of
7
Branch(es)
No. of Staff 27
Products
& Services Micro Credit, Housing & Energy
Offered
Client Outreach
(in Lakh) as of 0.15
March 2013
Gross Loan
Portfolio (Rs
4.10
in Crore) as of
March 2013

146 Directory of Microfinance Institutions (MFIs) in India


Manipur
Name of the
Organization YVU Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Manipur
Quarter
Head of the Mr. Bikendrajit Singh Akoijam
Institution & Waiview Bhavan, Thoubal Wangmataba,
Contact Details Thoubal District, PIN-795138
Manipur
Ph: 0385 2442931
E-mail: akbikendrajit29@gmail.com,
yvufinancial@gmail.com,
contact@yvu.co.in
Year of
1993
Establishment TIER III MFI

Operating in
3
No. of State(s)
Name of the
Operating Manipur, Assam, Delhi
State(s)
No. of
7
Branch(es)
No. of Staff 43
Products
& Services Micro Credit, Education
Offered
Client Outreach
(in Lakh) as of 0.14
March 2013
Gross Loan
Portfolio (Rs
7.40
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 147


Manipur

Name of the
Organization Organisation for Rural Improvement

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)
TIER III MFI

Name of the
Operating Manipur
State(s)
No. of
5
Branch(es)
No. of Staff 33
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.11
March 2013
Gross Loan
Portfolio (Rs
2.03
in Crore) as of
March 2013

148 Directory of Microfinance Institutions (MFIs) in India


Manipur
Name of the
Organization Youth Volunteers Union

Legal Form Society


State Head
Manipur
Quarter
Head of the Mr. K. Jayanta Sharma
Institution & Waiview Bhawan, Thoubal
Contact Details Wangmataba, Thoubal
PIN - 795 138, Manipur
Ph: 9856192835
E-mail: yvu.microfin@gmail.com,
jayanta@yvu.co.in
Year of
2006
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Manipur
State(s)
No. of
7
Branch(es)
No. of Staff 80
Products Micro Credit, Livelihood Promotion,
& Services Health & Sanitation, Capacity Building
Offered & Training
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
8.55
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 149


Manipur

Name of the
Organization YVU Microfin

Legal Form Trust


State Head
Manipur
Quarter
Head of the Mr. A.K. Tikendrajit Singh
Institution & Waiview Bhavan, Thoubal Wangmataba,
Contact Details Thoubal, PIN - 795138, Manipur
Ph: 0385 2442931
E-mail: tikendrajit@gmail.com, yvu.
microfin@gmail.com, akbikendrajit@
gmail.com
Year of
1996
Establishment
Operating in
TIER III MFI

1
No. of State(s)
Name of the
Operating Manipur
State(s)
No. of
5
Branch(es)
No. of Staff 51
Products
& Services Micro Credit, Education
Offered
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
8.55
in Crore) as of
March 2014

150 Directory of Microfinance Institutions (MFIs) in India


Manipur
Name of the
Organization Chanura Microfin Manipur

Legal Form Society


State Head
Manipur
Quarter
Head of the Mr. P K. Khuman
Institution & Hodam Leirak Machin, Airport
Contact Details Road, Opp. Tiddim Oil Service,
Imphal West , PIN: 795001, Manipur.
Ph: 0385 - 2445799
E-mail: chanura_microfin@yahoo.
co.in, info@chanura.com
Year of
2007
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Manipur
State(s)
No. of
5
Branch(es)
No. of Staff 40
Products
Micro Credit, Micro Insurance, Housing
& Services
& Energy
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
3.44
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 151


Manipur

Name of the
Organization Volunteers for Village Development

Legal Form Society


State Head
Manipur
Quarter
Head of the Mr. Tennyson Kazingmei
Institution & Wild wood Training Centre,
Contact Details Khararshongzan, Hungpung
Ukhrul Dist.Manipur-795142
Ph: 09612566192
E-mail: vvdmf@yahoo.in
Year of
1982
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Manipur
State(s)
No. of
2
Branch(es)
No. of Staff 23
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
3.12
in Crore) as of
March 2014

152 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Bharat Integrated Social Welfare
Organization Agency (BISWA)

Legal Form Society


State Head
Odisha
Quarter
Head of the Dr. Khirod Chandra Malick
Institution & At - Danipali, P.O. - Budharaja
Contact Details Sambalpur, Dist - Sambalpur
PIN - 768004
Ph: 0663-2533597
E-mail: office@biswa.org
Year of
1994
Establishment
Operating in
8
No. of State(s)
TIER I MFI

Name of the Odisha, Chhattisgarh, Madhya


Operating Pradesh, Bihar, Jharkhand, Karnataka,
State(s) Uttar Pradesh, West Bengal
No. of
511
Branch(es)
No. of Staff 6492
Products
& Services Micro Credit, Remittance
Offered
Client Outreach
(in Lakh) as of 4.34
March 2014
Gross Loan
Portfolio (Rs
298.49
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 153


Odisha

Name of the ODISHA (Organisation for


Organization Development of Integrated Social and
Health Action)
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)
TIER I MFI

Name of the
Operating Odisha
State(s)
No. of
1155
Branch(es)
No. of Staff 1225
Products
Micro Credit, Insurance, Business
& Services
Correspondent
Offered
Client Outreach
(in Lakh) as of 3.00
March 2013
Gross Loan
Portfolio (Rs
11.00
in Crore) as of
March 2013

154 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Annapurna Microfinance Pvt. Ltd

Legal Form NBFC


State Head
Odisha
Quarter
Head of the Mr. Gobinda Ch. Pattanaik
Institution & HIG-97 Dharma Vihar, Khandagir,
Contact Details Bhubaneswar, Khurda ,Odisha- 751030
Ph : 0674-2350570
E-mail :info@ampl.net.in
Year of
1986
Establishment
Operating in
2
No. of State(s)
Name of the
TIER II MFI

Operating Odisha, Chhattisgarh


State(s)
No. of
48
Branch(es)
No. of Staff 353
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 1.59
March 2014
Gross Loan
Portfolio (Rs
98.19
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 155


Odisha

Name of the
Organization Credible Microfinance Ltd.

Legal Form NBFC


State Head
Odisha
Quarter
Head of the Mr. Khirod Chandra Malick
Institution & Danipali, Budharaja
Contact Details Sambalpur, Odisha - 768004
Ph: 0663-2533597
E-mail: kc_malick@yahoo.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
Name of the
TIER II MFI

Operating Odisha
State(s)
No. of
23
Branch(es)
No. of Staff 9
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.57
March 2013
Gross Loan
Portfolio (Rs
37.80
in Crore) as of
March 2013

156 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Swayamshree Micro Credit Services

Legal Form Sec 25 Company


State Head
Odisha
Quarter
Head of the Mr. Parashuram Nayak
Institution & M-75, Samanta Bihar
Contact Details Opposite RMRC
Bhubaneswar-751017 (Odisha)
Ph: 0674-2302646, 0674-6552646
E-mail: smcs2003@gmail.com
Year of
2003
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
16
Branch(es)
No. of Staff 127
Products Micro Credit, Micro Insurance, Housing
& Services & Energy, Water & Sanitation, Micro
Offered Insurance, Micro Pension, Business
Correspondent, Capacity Building &
Training , Livelihood Promotion
Client Outreach
(in Lakh) as of 0.31
March 2014
Gross Loan
Portfolio (Rs
32.84
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 157


Odisha

Name of the
Organization Adhikar Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Odisha
Quarter
Head of the Mohammad N. Amin
Institution & Plot No -77/180/970, Subudhipur,
Contact Details Tamando, Bhubaneswar-752054
Ph-0674-2475173
E-mail : adhikar@satyam.net.in
Year of
2004
Establishment
Operating in
2
No. of State(s)
Name of the
TIER III MFI

Operating Odisha, Gujarat


State(s)
No. of
41
Branch(es)
No. of Staff 277
Products
Micro Credit, Water & Sanitation,
& Services
Pension, Housing & Energy
Offered
Client Outreach
(in Lakh) as of 0.28
March 2014
Gross Loan
Portfolio (Rs
10.98
in Crore) as of
March 2014

158 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Gram Utthan

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Govind Chandra Dash
Institution & At/P.O- Pimpudi, Via- Rajkanika,
Contact Details Dist- Kendrapara, Odisha-754220
Ph: 06729-278899
E-mail: gramutthanngo@rediffmail.
com
Year of
1990
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
18
Branch(es)
No. of Staff 266
Products
Micro Credit, Housing & Energy ,Water
& Services
& Sanitation
Offered
Client Outreach
(in Lakh) as of 0.27
March 2014
Gross Loan
Portfolio (Rs
14.57
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 159


Odisha

Name of the
Organization People's Forum

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Gobinda Chandra Pattanaik
Institution & HIG-97, Dharmavihar, Khandagiri
Contact Details Bhubaneswar, Khordha,
PIN- 751030, Odisha
Ph: 0674-235176 ,9238484100
E-mail: bandita@peoplesforum.in
Year of
1989
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
32
Branch(es)
No. of Staff 142
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.26
March 2014
Gross Loan
Portfolio (Rs
30.61
in Crore) as of
March 2014

160 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Sambandh Finserve Pvt. Ltd.

Legal Form NBFC


State Head
Odisha
Quarter
Head of the Mr. Deepak Kindo
Institution & No. i 4/38, Area 7 & 8, Civil
Contact Details Township, Roukela - 769004, Odisha
Ph: 0661 2664108
E-mail: contactus@sambandhfin.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
5
Branch(es)
No. of Staff 67
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.21
March 2014
Gross Loan
Portfolio (Rs
19.65
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 161


Odisha

Name of the
Organization Swayanshree Mahila Samabaya Ltd.

Legal Form Cooperative


State Head
Odisha
Quarter
Head of the Ms. Nayana Mohanty
Institution & Swayanshree Mahila Samabaya Ltd.
Contact Details At: Palamandap, Badambadi,
Near Special Primary School, PO:
Arunodaya Market, District : Cuttack
Ph: 0671-2334077
E-mail: swayanshree_ctc@yahoo.com
Year of
2006
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Odisha
State(s)
No. of
3
Branch(es)
No. of Staff 55
Products
Micro Credit, Thrift & Microsaving,
& Services
Insurance, Pension
Offered
Client Outreach
(in Lakh) as of 0.16
March 2014
Gross Loan
Portfolio (Rs
16.87
in Crore) as of
March 2014

162 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Mahashakti Foundation

Legal Form Trust


State Head
Odisha
Quarter
Head of the Mr. Jugal Kishore Pattnaik
Institution & Sanchay Shakti Bhawan, Madanpur
Contact Details Rampur-766102
Kalahandi, Odisha
Ph: 0-6676-250507,
E-mail: mahashakti@mahashaktiindia.org
mfoundation@rediffmail.com
Year of
2004
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Odisha
State(s)
No. of
11
Branch(es)
No. of Staff 38
Products Micro Credit, Education, Housing &
& Services Energy, Life Insurance, Micro Health &
Offered Sanitation, Livelihood Promotation.
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
5.69
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 163


Odisha

Name of the
Organization Biswa Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Odisha
Quarter
Head of the Dr. Khirod Ch. Malick
Institution & Biswa Complex, At-Danipali,
Contact Details Post -Budharaja
Dist -Sambalpur, PIN-768004
Ph: 7381063084
E-mail: kcm@biswa.org
shyamamani.dora@biswa.in
Year of
2008
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Odisha
State(s)
No. of
72
Branch(es)
No. of Staff 7
Products
& Services Micro Credit, Housing
Offered
Client Outreach
(in Lakh) as of 0.07
March 2013
Gross Loan
Portfolio (Rs
4.97
in Crore) as of
March 2013

164 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Youth Council for Development
Organization Alternatives (YCDA)

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Rajendra Meher
Institution & At/Po- Baunsuni,Tikirapara Road
Contact Details Dist- Boudh, Odisha-762015,
Ph:06841 228377, 228455
E-mail: ycdaboudh@yahoo.co.in,
sectretary@ycda.in
Year of
2003
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 7
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
0.25
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 165


Odisha

Name of the
Organization G U Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Odisha
Quarter
Head of the Mr.Govind Chandra Dash
Institution & Plot No. 4709/5012, Gajapati
Contact Details Nagar, P.O. Sainik School,
Bhubaneswar, Odisha- 751005
Ph: 0674-2300298
E-mail: npradhan@gufinance.com
csnpradhan@gmail.com
Year of
2009
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Odisha
State(s)
No. of
4
Branch(es)
No. of Staff 25
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
5.88
in Crore) as of
March 2014

166 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Mahila ViKas Prathamika Sanchaya
Organization Samabaya Ltd.

Legal Form Cooperative


State Head
Odisha
Quarter
Head of the Mr. Pabitra Mohan Bal
Institution & Kantabad, Janla,
Contact Details Khurda - 752054, Odisha
Ph: 9337671895
E-mail: mvpssltd@yahoo.com
Year of
2003
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 8
Products
Micro Credit, Thrift & Microsaving,
& Services
Insurance, Training
Offered
Client Outreach
(in Lakh) as of 0.002
March 2013
Gross Loan
Portfolio (Rs
0.23
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 167


Odisha

Name of the Social Welfare Agency & Training


Organization Institute (SWATI)

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Hari Sankar Rout
Institution & At/Po- Paburia
Contact Details Dist-Kandhamal, Odisha-762112
Ph: 06847-260386
E-mail: swati_pab@yahoo.co.in
Year of
1999
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
5
Branch(es)
No. of Staff 15
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
0.38
in Crore) as of
March 2014

168 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Khandagiri Madhyamika Mahila
Organization Samabaya Sangha

Legal Form 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)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
2
Branch(es)
No. of Staff 6
Products Micro Credit, Thrift & Microsaving,
& Services Livelihood Promotion, Housing &
Offered Energy, Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
0.80
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 169


Odisha

Name of the
Organization Adhikar

Legal Form Society


State Head
Odisha
Quarter
Head of the Mohammad N. Amin
Institution & 113/2524, Khandagiri Vihar,
Contact Details Khandagiri, Bhubaneswar-751 030
Odisha
Ph: 0674-2384542
E-mail: adhikar@satyam.net.in
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
12
Branch(es)
No. of Staff 55
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
1.47
in Crore) as of
March 2014

170 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Bright Association for Noble & Decent
Organization Human Understanding

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Ajit Kumar Dash
Institution & At : Madhuban, 3rd Lane,
Contact Details PO : Puri - 2, Dist : Puri
Ph: (06752 ) 225576
E-mail : bandhuorissa@rediffmail.com
Year of
2004
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
6
Branch(es)
No. of Staff 32
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
0.98
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 171


Odisha

Name of the
Organization Adarsa

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Pradeep Kumar Behera
Institution & At-Gourpara (Farm Road),
Contact Details P. O. Modipara, Dist. Sambalpur,
PIN: 768 002 Odisha
Ph: 663-2403896, 2546479
E-mail: adarsa_org_sbp@yahoo.co.in
Year of
1999
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
2
Branch(es)
No. of Staff 12
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
0.08
in Crore) as of
March 2014

172 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization AIR Credit Cooperative

Legal Form Cooperative


State Head
Odisha
Quarter
Head of the Mrs. Urmila Sahoo
Institution & Balia, Bhagabatpur,
Contact Details Kendrapada, Odisha
Ph: 9439437797
E-mail: airngo@rediffmail.com
Year of
2004
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 13
Products
Micro Credit, Thrift & Microsaving, Life
& Services
Insurance
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
1.14
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 173


Odisha

Name of the
Organization Darabar Sahitya Sansad

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Kedeshwar Chaudhary
Institution & Vikash Bhawan, At Dodhua,
Contact Details PO 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)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 11
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.28
in Crore) as of
March 2014

174 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Pragati

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Basant Kumar Jena
Institution & Pragati Complex, College Square,
Contact Details Duttatota Puri-752001, Odisha
Ph: 06752-227702, 654188
E-mail: pragati_ngo@yahoo.com,
basanta64u@yahoo.co.in
Year of
1999
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
4
Branch(es)
No. of Staff 29
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.19
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 175


Odisha

Name of the Social Action for Rural Community


Organization (SARC)

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Ashok Kumar Panigrahi
Institution & Budulapali,
Contact Details PO: Puruapani
VIA: Kuchinda
District: Sambalpur - 768222
Odisha
Ph: 0663 - 2412263
E-mail : sarc6607@rediffmail.com
Year of
1996
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Odisha
State(s)
No. of
2
Branch(es)
No. of Staff 3
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.07
in Crore) as of
March 2014

176 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Orissa Rural Infrastructure
Organization Development Association (ORIDA)

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Prakash Chandra Sahoo
Institution & At:-Durgabazar colony
Contact Details PO:-Daspalla
Dist:- Nayagarh
PIN:-752084
Odisha
Ph: 06757-220216
E-mail: orida.nayagarh@gmail.com
Year of
1998
Establishment TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 3
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.08
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 177


Odisha

Name of the
Organization Prasad Foundation

Legal Form Trust


State Head
Odisha
Quarter
Head of the Mr.Babula Kumar Prasad
Institution & At- C. T. Road, Nua Sahi, Puri-752002,
Contact Details Odisha,
Ph: 9040604409
E-mail: prasadfoundation@yahoo.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
5
Branch(es)
No. of Staff 20
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.02
in Crore) as of
March 2014

178 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the
Organization Upkar

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Baman Charan Mohanty
Institution & Nimapara, Canal Road, District: Puri,
Contact Details Odisha - 752106
Ph: 9937368816
E-mail: upkar_orissa@yahoo.co.in
Year of
Establishment 2004

Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 5
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.06
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 179


Odisha

Name of the Banki Anchalika Dibasi Harijan


Organization Kalyana Parishad

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Keshab Behera
Institution & AT/PO - Banki, Dist - Cuttack -754008
Contact Details Odisha
Ph: 91-6723-240748
E-mail: baahkp6@rediffmail.
com,bankiaahkp@yahoo.co.in
Year of
1996
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 15
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.02
in Crore) as of
March 2014

180 Directory of Microfinance Institutions (MFIs) in India


Odisha
Name of the Centre for Action and Rural Re-
Organization construction

Legal Form Society


State Head
Odisha
Quarter
Head of the Mr. Dasarathi Senapati
Institution & CARR, At/Po- Gopapur, Baramba,
Contact Details Cuttack, Odisha-754031
Ph: 9777093147
E-mail: manmohanmallik@gmail.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Odisha
State(s)
No. of
1
Branch(es)
No. of Staff 5
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.001
March 2014
Gross Loan
Portfolio (Rs
0.05
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 181


Punjab

Name of the
Organization Midland Microfin Ltd.

Legal Form NBFC


State Head
Punjab
Quarter
Head of the Mr. Amardeep Singh Samra
Institution & 2nd Floor, Gobind Niwas,
Contact Details 36 G.T. Road, Jalandhar - 144 001
Punjab Ph: 0181 222 5175
Email:amardeep@midlandmicrofin.
com
Year of
1988
Establishment
Operating in
3
No. of State(s)
TIER III MFI

Name of the
Operating Punjab, Haryana, Rajasthan
State(s)
No. of
21
Branch(es)
No. of Staff 201
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.47
March 2014
Gross Loan
Portfolio (Rs
33.38
in Crore) as of
March 2014

182 Directory of Microfinance Institutions (MFIs) in India


Rajasthan
Name of the
Organization Arth Micro Finance Pvt. Ltd.

Legal Form NBFC


State Head
Rajasthan
Quarter
Head of the Mr. Pramod K Paliwal
Institution & A-11, Mahaveer Udyan Path
Contact Details Bajaj Nagar, Jaipur 302015
Rajasthan, India
Ph: 141-2712294
E-mail: arth@arthfinance.com
pramod.paliwal@arthfinance.com
Year of
1996
Establishment
Operating in
3
TIER III MFI

No. of State(s)
Name of the
Rajasthan, Madhya Pradesh,
Operating
Gujarat
State(s)
No. of
10
Branch(es)
No. of Staff 42
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.20
March 2014
Gross Loan
Portfolio (Rs
17.63
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 183


Rajasthan

Name of the
Organization Borukha Charitable Trust

Legal Form Trust


State Head
Rajasthan
Quarter
Head of the Mr. Amitava Banerjee
Institution & 1, Prabhu Dayal Marg, Near Sanganer
Contact Details Airport,
Jaipur-302029, Rajasthan, India.
Ph: 141-3924700
E-mail: bct@bctngo.org/
bct@iihmr.org / bct.jpr@bctngo.org
Year of
2005
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Rajasthan
State(s)
No. of
1
Branch(es)
No. of Staff 10
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
1.09
in Crore) as of
March 2014

184 Directory of Microfinance Institutions (MFIs) in India


Rajasthan
Name of the
Organization Planned Social Concern

Legal Form Sec 25 Company


State Head
Rajasthan
Quarter
Head of the Mr. Ravi Gupta
Institution & G-76, Harshpath, Shyam
Contact Details Nager, Jaipur.(Raj)
Ph: 011-46058888 / 26187754
E-mail: ravi@pciindia.org,
ravi@pscindia.org,
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Rajasthan
State(s)
No. of
3
Branch(es)
No. of Staff 30
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
5.33
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 185


Rajasthan

Name of the
Organization Hanuman Van Vikas Samiti

Legal Form Society


State Head
Rajasthan
Quarter
Head of the Mr. Rajkaran Yadav
Institution & Village/post - Sakroda,
Contact Details Vai - Zinc Smelter
Udaipur - 313024, Rajasthan
Ph: 0294-2802283
E-mail:hvvs@rediffmail.com
Year of
1986
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Rajasthan
State(s)
No. of
8
Branch(es)
No. of Staff 17
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2013
Gross Loan
Portfolio (Rs
3.80
in Crore) as of
March 2013

186 Directory of Microfinance Institutions (MFIs) in India


Rajasthan
Name of the
Organization Matashree Gomati Devi Jan Seva Nidhi

Legal Form Trust


State Head
Rajasthan
Quarter
Head of the Mr. Ved Prakash Sharma
Institution & Matashree Gomati Devi Jan
Contact Details Seva Nidhi, 68 Panchwati,
Scheme No. 07, Alwar, Rajasthan
Ph: 144 - 2702232
E-mail: msgdppc@rediffmail.com
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Rajasthan
State(s)
No. of
8
Branch(es)
No. of Staff 23
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
0.49
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 187


Rajasthan

Name of the
Organization Dar Credit & Capital Ltd.

Legal Form NBFC


State Head
Rajasthan
Quarter
Head of the Mr Ramesh Kumar Vijay
Institution & 212-213 , Shri Gopal Tower
Contact Details Ashok Marg , C - Scheme
Jaipur - 302 001, Rajasthan
Ph:0141-2366778/ 3206198/4033778
E-mail: info@darcredit.com
Year of
1994
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Rajasthan
State(s)
No. of
3
Branch(es)
No. of Staff 30
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
11.53
in Crore) as of
March 2013

188 Directory of Microfinance Institutions (MFIs) in India


Rajasthan
Name of the Surbhi Women Multipurpose
Organization Cooperative Society

Legal Form Cooperative


State Head
Rajasthan
Quarter
Head of the Mrs. Sudha Pandey
Institution & H.No:8, Opposite Ganesh Dairy,
Contact Details New 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)
TIER III MFI

Name of the
Operating Rajasthan
State(s)
No. of
2
Branch(es)
No. of Staff 8
Products
& Services Micro Credit, Thrift & Microsaving
Offered
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
0.03
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 189


Rajasthan

Name of the
Organization Jan Chetna Sansthan

Legal Form Society


State Head
Rajasthan
Quarter
Head of the Ms. Richa Audichya
Institution & 1-C, 40 Housing Board Colony, Akra
Contact Details Bhatta, Via – Abu Road
PIN: 307 026
Dist. Sirohi, Rajasthan, India
Ph: 2974 – 223782/ 220727
E-mail: janchetnasanstha@yahoo.com
Year of
2004
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Rajasthan
State(s)
No. of
4
Branch(es)
No. of Staff 36
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
1.14
in Crore) as of
March 2014

190 Directory of Microfinance Institutions (MFIs) in India


Rajasthan
Name of the
Organization Pustikar Sakh Sahakari Samiti Ltd.

Legal Form Cooperative


State Head
Rajasthan
Quarter
Head of the Mr. Amar Chand Purohit
Institution & 10/9 Chopasani Housing Board ,
Contact Details Jodhpur.(Rajasthan)
Ph: 0291-2760596
E-mail: pustikar@yahoo.com
Year of
1996
Establishment
Operating in
3
No. of State(s)
Name of the
TIER III MFI

Rajasthan, Maharashtra, Andhra


Operating
Pradesh
State(s)
No. of
9
Branch(es)
No. of Staff 63
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
4.61
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 191


Tamil Nadu

Name of the
Organization Equitas Micro Finance Pvt. Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr.P.N.Vasudevan
Institution & 4th Floor, Temple Tower,
Contact Details 672,Anna Salai, Nandanam
Chennai-600 035
Ph: 044-4299 5000
E-mail: corporate@equitas.in
Year of
2007
Establishment
Operating in
7
No. of State(s)
TIER I MFI

Name of the Gujarat, Karnataka, Maharashtra,


Operating Madhya Pradesh, Rajasthan, Tamil
State(s) Nadu, Pondicherry
No. of
312
Branch(es)
No. of Staff 2641
Products
Micro Credit, Micro Insurance,
& Services
Livelihood Promotion
Offered
Client Outreach
(in Lakh) as of 18.21
March 2014
Gross Loan
Portfolio (Rs
1503.00
in Crore) as of
March 2014

192 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Grama Vidiyal Microfinance Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr.S.Devaraj
Institution & No.09 , Paripoorna Towers,
Contact Details Manoranjitham Street
Annamalai Nagar, Triuchirapalli
Tamil Nadu-620018
Ph: 0431-3240802
E-mail: arjun.m@gvmfl.com
contact@gvmfl.com
Year of
2003
Establishment
Operating in
TIER I MFI

4
No. of State(s)
Name of the
Tamil Nadu, Maharashtra, Madhya
Operating
Pradesh, Pondicherry
State(s)
No. of
285
Branch(es)
No. of Staff 2440
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 6.52
March 2014
Gross Loan
Portfolio (Rs
725.53
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 193


Tamil Nadu

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

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. R. Raghavender Anand
Institution & 4, Dr.Natesan Road,
Contact Details Ashok Nagar, Chennai-600083
Ph: 044 23718588
E-mail: smileconfident@yahoo.co.in
tamilarason@smileltd.in
Year of
2004
Establishment
Operating in
2
No. of State(s)
TIER I MFI

Name of the
Operating Tamil Nadu, Pondicherry
State(s)
No. of
151
Branch(es)
No. of Staff 1050
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 4.31
March 2013
Gross Loan
Portfolio (Rs
312.00
in Crore) as of
March 2013

194 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Asirvad Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. S.V.Raja Vaidyanathan
Institution & 2/11, Habbibullah Road, T
Contact Details Nagar, Chennai - 60017 Near
Nadigar Sangam Building
Ph : 044 - 4351 0081
E-mail: info@asirvad.org
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
64
Branch(es)
No. of Staff 280
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 2.11
March 2014
Gross Loan
Portfolio (Rs
188.80
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 195


Tamil Nadu

Name of the
Organization Madura Micro Finance Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. M. Naryanan
Institution & No. 36, 2nd Main Road,
Contact Details Kasturba Nagar, Adyar,
Chennai - 600 020.
Ph: 044 42054369
E-mail: paul@mmfl.in
Year of
2005
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
194
Branch(es)
No. of Staff 916
Products
Micro Credit, Education,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 1.73
March 2013
Gross Loan
Portfolio (Rs
151.63
in Crore) as of
March 2013

196 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Belstar Investment Finance Pvt. Ltd

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Dr. N Jeyaseelan
Institution & 11C, Rathinammal Street,
Contact Details Kodambakkam, Chennai - 600 024
Ph: 44 4554 4026
E-mail: jeyaseelan.n@hihindia.org
Year of
2009
Establishment
Operating in
4
No. of State(s)
Name of the
TIER II MFI

Tamil Nadu, Puducherry, Karnataka,


Operating
Madhya Pradesh
State(s)
No. of
64
Branch(es)
No. of Staff 468
Products
Micro Credit, Health & Sanitation,
& Services
Education
Offered
Client Outreach
(in Lakh) as of 1.14
March 2014
Gross Loan
Portfolio (Rs
124.00
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 197


Tamil Nadu

Name of the
Organization Mahasemam Trust

Legal Form Trust


State Head
Tamil Nadu
Quarter
Head of the Mr. H. Sivanandhan
Institution & No.9, Kundalakesi Street, Vannarpettai
Contact Details Tirunelveli - 627 003
Ph: 0462- 2501890
E-mail: ssasindia@yahoo.com
semamnellai@yahoo.co.in
Year of
1999
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
35
Branch(es)
No. of Staff 237
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy
Offered Health & Sanitation,
Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 1.09
March 2014
Gross Loan
Portfolio (Rs
69.00
in Crore) as of
March 2014

198 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization BWDA Finance Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Dr. C.Joslin Thambi
Institution & PB No.23, No.858, East
Contact Details Pondy Road, Villupuram
Ph: 04146-240683/243861
E-mail: mdbwda@gmail.com
Year of
1999
Establishment
Operating in
3
No. of State(s)
Name of the
TIER II MFI

Tamil Nadu, Pondicherry,


Operating
Andaman Nicobar Islands
State(s)
No. of
35
Branch(es)
No. of Staff 355
Products Micro Credit , Micro Insurance,
& Services Pension, Remittance, Capacity
Offered Building & Training,
Health, Water & Sanitation, Family
Counseling & Child Welfare, Education,
Animal Husbandary
Client Outreach
(in Lakh) as of 0.97
March 2014
Gross Loan
Portfolio (Rs
48.57
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 199


Tamil Nadu

Name of the
Organization Repco Micro Finance Ltd.

Legal Form NBFC


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
Year of
2010
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
25
Branch(es)
No. of Staff 15

Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.69
March 2014
Gross Loan
Portfolio (Rs
146.72
in Crore) as of
March 2014

200 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Sarvodaya Nano Finance Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. R. Asok Kumar
Institution & 279, Avai Shanmugam Salai,
Contact Details Royapettai, Chennai - 600014
Tamil Nadu
Ph: 044-28131880
E-mail: selvanathan@sarvoadyanano.org
Year of
1996
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
91
Branch(es)
No. of Staff 630
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.56
March 2014
Gross Loan
Portfolio (Rs
37.31
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 201


Tamil Nadu

Name of the
Organization Hand in Hand India

Legal Form Trust


State Head
Tamil Nadu
Quarter
Head of the Dr. N Jeyaseelan
Institution & No.12/26, Coats Road, Southern
Contact Details Foundation, 3rd Floor, T Nagar
Chennai - 600 017
Ph: 44 - 4341 3200
E-mail: jeyaseelan.n@hihindia.org
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
80
Branch(es)
No. of Staff 570
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation,
Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.53
March 2014
Gross Loan
Portfolio (Rs
33.45
in Crore) as of
March 2014

202 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the Growing Opportunity Finance (India)
Organization Pvt. Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. Samuel Chandar
Institution & No. 73, 1st Floor, 'Y' Block, 6th Street
Contact Details Anna Nagar, Chennai - 600040
Ph: 8754427240 / 42
E-mail: schandar@gopportunity.net/
info@gopportunity.net
Year of
2006
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu, Chhattisgarh
State(s)
No. of
15
Branch(es)
No. of Staff 136
Products Micro Credit, Livelihood Promotion,
& Services Housing & Ener gy
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.32
March 2014
Gross Loan
Portfolio (Rs
36.31
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 203


Tamil Nadu

Name of the Namathu Deepam Micro Finance


Organization Services

Legal Form Sec 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: 04365-2488998
E- mail: avvaikk@hotmail.com,
avvaikk@me.com
Year of
2007
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu, Pondicherry
State(s)
No. of
7
Branch(es)
No. of Staff 28
Products
Micro Credit, Micro Insurance, Micro
& Services
Pension
Offered
Client Outreach
(in Lakh) as of 0.29
March 2013
Gross Loan
Portfolio (Rs
2.50
in Crore) as of
March 2013

204 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization New Life

Legal Form Society


State Head
Tamil Nadu
Quarter
Head of the Mr. C. Peter Rex Charly
Institution & 1/12, Naadaar Street,
Contact Details Naadaar Chathiram,
Somarasampettai (VIA),
Trichy - 620102.
Ph: 919952415496
E-mail:ceo@newlifemfi.org
Year of
1993
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
1
Branch(es)
No. of Staff 7
Products
Micro Credit, Livelihood Promotion,
& Services
Capacity Building & Training.
Offered
Client Outreach
(in Lakh) as of 0.29
March 2013
Gross Loan
Portfolio (Rs
0.41
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 205


Tamil Nadu

Name of the
Organization Guardian

Legal Form Sec 25 Company


State Head
Tamil Nadu
Quarter
Head of the Mr. D. Paul Sathianathan
Institution & 7/1, Star Avenue, Karur By Pass Road,
Contact Details Behind Taj Marriage Hall, Trichy
PIN-620 002, Tamil Nadu.
Ph: 9443188305
E-mail: paulsondavid06@gmail.com
Year of
2007
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
9
Branch(es)
No. of Staff 63
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.22
March 2014
Gross Loan
Portfolio (Rs
11.32
in Crore) as of
March 2014

206 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization CDC Microfinance Pvt. Ltd.

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
TIER III MFI

No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
7
Branch(es)
No. of Staff 36
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.21
March 2013
Gross Loan
Portfolio (Rs
10.29
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 207


Tamil Nadu

Name of the Nanayasurabhi Development Financial


Organization Services (NDFS)

Legal Form Sec 25 Company


State Head
Tamil Nadu
Quarter
Head of the Mr. N. Peter Palanisamy
Institution & 69 Officers Colony, Puthur,
Contact Details Trichy, Tamil Nadu-620017
Ph: 0413-2780648 &2782220
E-mail : ndfs.india@ gmail. com
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
10
Branch(es)
No. of Staff 35
Products
Micro Credit, Housing & Energy,
& Services
Education, Livelihood Promotion.
Offered
Client Outreach
(in Lakh) as of 0.17
March 2013
Gross Loan
Portfolio (Rs
0.65
in Crore) as of
March 2013

208 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Varam Capital Pvt. Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Hemalatha Rajan
Institution & 3rd Floor, Amble Side, Old No.8
Contact Details New No.30, Khader Nawaz Khan Road,
Nungambakkam,
Chennai, Tamil Nadu
Ph: 44 65150015
Email : contactus@varam.in
Year of
2010
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
3
Branch(es)
No. of Staff 17
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.12
March 2013
Gross Loan
Portfolio (Rs
10.00
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 209


Tamil Nadu

Name of the Innovative Microfinance for


Organization Poverty Alleviation and Community
Transformation
Legal Form Sec 25 Company
State Head
Tamil Nadu
Quarter
Head of the S. Suvisedagan Aruliah
Institution & 16, V.O.C. Main Road,
Contact Details Kodambakkam, Chennai-600024
Ph: 044-24807235
E-mail:suvi_aruliah@wvi.org
Year of
2004
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu, Kerala
State(s)
No. of
7
Branch(es)
No. of Staff 33
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
9.56
in Crore) as of
March 2014

210 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the People's Action for Transformation
Organization (PAT)

Legal Form Trust


State Head
Tamil Nadu
Quarter
Head of the Mr. K. Hirudayasami
Institution & No. 4, A-Block, St.Paul's Complex,
Contact Details Bharathiar Salai, Cantonment,
Trichy-620001, Tamil Nadu
Ph: 0431-2413434
E-mail: pat_trichy@yahoo.com
Year of
1997
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
10
Branch(es)
No. of Staff 65
Products
Micro Credit, Micro Insurance, Micro
& Services
Pension
Offered
Client Outreach
(in Lakh) as of 0.09
March 2013
Gross Loan
Portfolio (Rs
5.31
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 211


Tamil Nadu

Name of the Karpaga Ganapthi Investments Pvt.


Organization Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. Joel SGR Bhose
Institution & No : 80, Solai Street,
Contact Details Ayanavaram , Chennai - 600 023
Ph: 9843266591
E-mail : joelg26@gmail.com
Year of
2011
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
6
Branch(es)
No. of Staff 26
Products
Micro Credit, Microinsurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.07
March 2013
Gross Loan
Portfolio (Rs
2.73
in Crore) as of
March 2013

212 Directory of Microfinance Institutions (MFIs) in India


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 - 614 616
Contact Details Pudukkottai (dt),
Tamil Nadu, South India
Ph: 04371 270361, 270128
E-mail: oazoane@yahoo.co.in
Year of
2003
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Tamil Nadu, Andaman & Nicobar
Operating
Islands
State(s)
No. of
7
Branch(es)
No. of Staff 46
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.07
March 2013
Gross Loan
Portfolio (Rs
5.10
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 213


Tamil Nadu

Name of the Ecumenical Church Loan Fund of India


Organization (ECOLOF)

Legal Form Sec 25 Company


State Head
Tamil Nadu
Quarter
Head of the Mr. David Solomon
Institution & 29, Poonamallee High Road, Periamet,
Contact Details Chennai - 600 013
Ph: 44-25611656,
25612556, 25610996
E-mail: finance@eclofindia.com
Year of
2001
Establishment
Operating in
3
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu, Maharashtra, Nagaland
State(s)
No. of
10
Branch(es)
No. of Staff 25
Products
& Services Micro Credit, Livelihood Promotion
Offered
Client Outreach
(in Lakh) as of 0.06
March 2014
Gross Loan
Portfolio (Rs
5.13
in Crore) as of
March 2014

214 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Apex Abishek Finance Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Mr. Muthukumar
Institution & B-27 Hudco Colony (Near PSG Hospital),
Contact Details Peelamedu
Coimbatore - 641 004
Tamil Nadu
Ph: 0422-4518475
E-mail: info@apexabishek.com,
muthukumar@hotmail.com
Year of
2010
Establishment TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
2
Branch(es)
No. of Staff 12
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.05
March 2013
Gross Loan
Portfolio (Rs
3.86
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 215


Tamil Nadu

Name of the
Organization Virutcham Microfinance Ltd.

Legal Form NBFC


State Head
Tamil Nadu
Quarter
Head of the Dr. M. Arumai Raj
Institution & Dr Ambedkar Cultural Academy,
Contact Details Mandela Nagar,
Madurai, Tamil Nadu - 625022
Ph: 0452-2690909
E-mail:md@virutcham.org
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
6
Branch(es)
No. of Staff 17
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
5.84
in Crore) as of
March 2014

216 Directory of Microfinance 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,
Contact Details Nagercoil - 629001
Tamil Nadu
Ph: 04652 233230, 235682
E-mail: mariadhass@gmail.com
Year of
1984
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
1
Branch(es)
No. of Staff 17
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
5.57
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 217


Tamil Nadu

Name of the Nagai District Fishermen Sangams


Organization Federation

Legal Form Society


State Head
Tamil Nadu
Quarter
Head of the Mr. K.Vijai
Institution & 30, Cooks Nagar, ADM College Road
Contact Details Velipallayam, Nagapattinam,
Tamil Nadu-611001
Ph: 04365 - 248787
E-mail: nagaifederation@gmail.com
vijai.siffs@gmail.com
Year of
2010
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
0
Branch(es)
No. of Staff 13
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
2.05
in Crore) as of
March 2013

218 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the Rural Education and Action
Organization Development (READ)

Legal Form Society


State Head
Tamil Nadu
Quarter
Head of the D. Selvam
Institution & 1926, Sakthivinayagar Street
Contact Details Vilandai - Andimadam Post
Ariyalur District
Tamil Nadu - 621801
Ph: 04331-242583
E-mail: readselvam@gmail.com
Year of
1994
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
4
Branch(es)
No. of Staff 20
Products
Micro Credit, Education,
& Services
Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
1.01
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 219


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 K A. Ananthan
Institution & 121/2, Kalaramani, Modachur Post,
Contact Details Gobichettipalayam
Ph: 04285 228376
E-mail: reedmas@yahoo.com
Year of
1998
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
1
Branch(es)
No. of Staff 33
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
1.00
in Crore) as of
March 2013

220 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Saadow

Legal Form Society


State Head
Tamil Nadu
Quarter
Head of the Mr. P.Sonaimuthu
Institution & 1/275, Behind Central Theatre, Natham,
Contact Details Dindigul District, Tamil Nadu-624401
Ph: 9443078948
E-mail: saadows@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Tamil Nadu


State(s)
No. of
1
Branch(es)
No. of Staff 7
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy,
Offered Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.16
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 221


Tamil Nadu

Name of the
Organization Arasan Rural Development Society

Legal Form Society


State Head
Tamil Nadu
Quarter
Head of the Mr. T.Kingsly Moses
Institution & 129-D, Annasalai
Contact Details Kalakad - 627 501
Tirunelveli District, Tamil Nadu
Ph: 04635 – 260966, 262443
E-mail:arasankalakad@yahoo.com
Year of
2003
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
2
Branch(es)
No. of Staff 65
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.75
in Crore) as of
March 2013

222 Directory of Microfinance Institutions (MFIs) in India


Tamil Nadu
Name of the
Organization Mahatejjas Trust

Legal Form Trust


State Head
Tamil Nadu
Quarter
Head of the Mrs. Maya Mukund
Institution & 8/2, Sungam By Pass Road,
Contact Details Ramanathapuram,
Coimbatore - 641045
Ph: 9361920900
E-mail: mahatejjas@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Tamil Nadu
State(s)
No. of
1
Branch(es)
No. of Staff 5
Products
Micro Credit, Microinsurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.63
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 223


Tamil Nadu

Name of the Association for Rural Community


Organization Development

Legal Form Society


State Head
Tamil Nadu
Quarter
Head of the V.R. Keshavraj
Institution & 4/637, Krishnagiri Road,
Contact Details Rayakottai - 635 116
Krishnagiri District
Tamil Nadu
Ph: 04348 - 232451
E- mail: arcod@rediffmail.com
Year of
1988
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Tamil Nadu
State(s)
No. of
1
Branch(es)
No. of Staff 2
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.001
March 2013
Gross Loan
Portfolio (Rs
0.17
in Crore) as of
March 2013

224 Directory of Microfinance Institutions (MFIs) in India


Telangana
Name of the
Organization SKS Microfinance Ltd.

Legal Form NBFC


State Head
Quarter Telangana

Head of the M. R. Rao


Institution & 3rd Floor, My Home Tycoon
Contact Details Block A, 6-3-1192, Kundanbagh,
Begumpet, Hyderabad - 500 016
Telangana Ph: 040 44526000
E-mail: ritesh.chatterjee@sksindia.com
Year of
2003
Establishment
Operating in
17
No. of State(s)
Name of the Andhra Pradesh, Telangana,Bihar,
TIER I MFI

Operating Chattisgarh, Delhi, Haryana,


State(s) Jharkhand, Karnataka, Kerala, Madhya
Pradesh, Maharashtra, Odisha, Punjab,
Rajasthan, Uttar Pradesh, Uttaranchal,
West Bengal
No. of
1261
Branch(es)
No. of Staff 10809
Products
Micro Credit, Housing &
& Services
Energy,Insurance
Offered
Client Outreach
(in Lakh) as of 49.63
March 2014
Gross Loan
Portfolio (Rs
1720.65
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 225


Telangana

Name of the
Organization Spandana Sphoorty Financial Ltd.

Legal Form NBFC


State Head
Telangana
Quarter
Head of the Ms. Padmaja Gangireddy
Institution & Plot No.79. Vinayak Nagar,
Contact Details Care Crystal, Gachibowli,
Hyderabad-500032, Telangana
Ph: 040-44386648
E-mail: contact@spandanaindia.com,
padmaja.reddy@spandanaindia.com
Year of
2003
Establishment
Operating in
12
TIER I MFI

No. of State(s)
Name of the Andhra Pradesh, Telangana,Karnataka,
Operating Maharashtra, Odisha, Chhattisgarh,
State(s) Madhya Pradesh, Jharkhand, Goa,
Gujarat, Kerala, Uttar Pradesh
No. of
1080
Branch(es)
No. of Staff 4385
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 22.41
March 2014
Gross Loan
Portfolio (Rs
2107.21
in Crore) as of
March 2014

226 Directory of Microfinance Institutions (MFIs) in India


Telangana
Name of the
Organization Share Microfin Ltd.

Legal Form NBFC


State Head
Quarter Telangana

Head of the Mr. M.Uday Kumar


Institution & D.No.1-8-437, 7th Floor, Opp. Begumpet
Contact Details Police Station HUDA Road, Begumpet,
Hyderabad - 500 016, Telangana
Ph: 40-4464 8380
E-mail: planning@sharemicrofin.in
Year of
1999
Establishment
Operating in
18
No. of State(s)
Name of the Andhra Pradesh, Telangana, Assam,
TIER I MFI

Operating Bihar, Chhattisgarh, Delhi, Gujarat,


State(s) Haryana, Jharkhand ,Karnataka ,
Kerela, Madhya Pradesh, Maharashtra,
Rajasthan, Tamil Nadu, Uttar
Pradesh,Uttrakhand,West Bengal
No. of
841
Branch(es)
No. of Staff 3696
Products Micro Credit, Health & Sanitation,
& Services Education, Capacity Building &
Offered Training
Client Outreach
(in Lakh) as of 20.36
March 2014
Gross Loan
Portfolio (Rs
1766.59
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 227


Telangana

Name of the
Organization Asmitha Microfin Ltd.

Legal Form NBFC


State Head
Telangana
Quarter
Head of the Dr. Vidya Sravanthi
Institution & 7th Floor, Splendid Towers, Huda Road
Contact Details Begumpet, Hyderabad-500 016
Telangana
Ph: 040-4464 8222
E-mail: aml@asmithamicrofin.com
Year of
2002
Establishment
Operating in
13
No. of State(s)
Name of the Andhra Pradesh, Bihar, Goa,Gujarat,
TIER I MFI

Operating Jharkhand, Karnataka, Madhya


State(s) Pradesh, Odisha, Rajasthan,Tamil
Nadu, Uttar Pradesh, West Bengal,
Maharashtra
No. of
460
Branch(es)
No. of Staff 2160
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 8.62
March 2014
Gross Loan
Portfolio (Rs
947.12
in Crore) as of
March 2014

228 Directory of Microfinance Institutions (MFIs) in India


Telangana
Name of the Bhartiya Samruddhi Finance
Organization Ltd(Basix)
Legal Form NBFC
State Head
Quarter Telangana

Head of the Mr. Vijay Mahajan


Institution & Basix, III, Floor, Surabhi Arcade, Troop
Contact Details Bazar, Bank Street, Koti
Hyderabad - 500001
Ph: 40-66585800
E-mail:info@basixindia.com
Year of
1996
Establishment
Operating in
16
No. of State(s)
Name of the Andhra Pradesh, Telangana, Bihar,
TIER I MFI

Operating Chhattisgarh, Delhi, Jharkhand,


State(s) Karnataka, Madhya Pradesh,
Meghalya, Orissa, Rajasthan, Sikkim,
Tripura, Uttarakhand, Uttar Pradesh,
West Bengal
No. of
209
Branch(es)
No. of Staff 1689
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 3.27
March 2014
Gross Loan
Portfolio (Rs
222.99
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 229


Telangana

Name of the Swaws Credit Corporation India Pvt.


Organization Ltd.

Legal Form NBFC


State Head
Telangana
Quarter
Head of the Ms.R.Girija
Institution & C2, Second Floor, Pooja Plaza,
Contact Details Vikrampuri, Karkhana Road,
Secunderabad-500 009
Telangana
Ph: 040-42407309.
E-mail: srmsharada@gmail.com
vignesh.ramamurthy@gmail.com
Year of
1999
Establishment
TIER II MFI

Operating in
5
No. of State(s)
Name of the
Andhra Pradesh, Telangana, Odisha,
Operating
Tamil Nadu, Maharashtra.
State(s)
No. of
95
Branch(es)
No. of Staff 130
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 1.10
March 2014
Gross Loan
Portfolio (Rs
79.04
in Crore) as of
March 2014

230 Directory of Microfinance Institutions (MFIs) in India


Telangana
Name of the
Organization Aware Macs Ltd.

Legal Form Cooperative


State Head
Telangana
Quarter
Head of the Mr. P.K.S.Madhvan
Institution & H.No. 5-9-24/78, Pragathi Bhavan
Contact Details Lake Hill Road, Adarsh Nagar
Hyderabad - 500063
Telangana
Ph: 040-23223412
E-mail:amlagm@aware-group.com
Year of
2008
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating Telangana
State(s)
No. of
3
Branch(es)
No. of Staff 15
Products Micro Credit, Livelihood, Thrift &
& Services Microsaving, Promotion, Housing &
Offered Energy, Health & Sanitation, Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.42
March 2013
Gross Loan
Portfolio (Rs
33.75
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 231


Telangana

Name of the Pragathi Seva Samithi Macs


Organization Federation

Legal Form Cooperative


State Head
Telangana
Quarter
Head of the Mr. John Gaddala
Institution & 2-6-45/2, Sri Shanthinagar
Contact Details Colony, Road No.2, Circuit
House Road, Hanamkonda,
Warangal-506001, Telangana
Ph: 0870-2540851, 2550659
E-mail: info@pragathisevasamithi.org
john@pragathisevasamithi.org"
Year of
2006
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating Telangana
State(s)
No. of
38
Branch(es)
No. of Staff 94
Products Micro Credit, Thrift & Microsaving,
& Services Micro Insurance, Education, Health &
Offered Sanitation.
Client Outreach
(in Lakh) as of 0.40
March 2013
Gross Loan
Portfolio (Rs
22
in Crore) as of
March 2013

232 Directory of Microfinance Institutions (MFIs) in India


Telangana
Name of the
Organization Indur Intideepam Macs Federation Ltd.

Legal Form Cooperative


State Head
Telangana
Quarter
Head of the Mr. Samson
Institution & H.No.5-67, Dharmaram(B)
Contact Details Mandal: Dichpally
District: Nizamabad- 503 230
Ph: 08461-245025 08461-245725
E-mail:indmacsfed@yahoo.com
Year of
2002
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Telangana
State(s)
No. of
19
Branch(es)
No. of Staff 70
Products
Micro Credit, Thrift & Microsaving,
& Services
Micro Insurance, Micro Pension
Offered
Client Outreach
(in Lakh) as of 0.13
March 2013
Gross Loan
Portfolio (Rs
15.30
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 233


Telangana

Name of the
Organization Trident Microfin Pvt. Ltd.

Legal Form NBFC


State Head
Telangana
Quarter
Head of the Mr. Kishore Kumar Puli
Institution & 11-8-15, MIG 33 Shree Sai Arcade,
Contact Details Saroornagar, Hyderabad-35
Telangana
Ph: 040-23443211/212
E-mail: kishorepuli@tridentmicrofin.com
ramakrishna@tridentmicrofin.com
Year of
2007
Establishment
Operating in
4
TIER III MFI

No. of State(s)
Name of the
Telangana, Andhra Pradesh,
Operating
Maharashtra, Madhya Pradesh
State(s)
No. of
32
Branch(es)
No. of Staff 146
Products
& Services Micro Credit, Education
Offered
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
8.04
in Crore) as of
March 2014

234 Directory of Microfinance Institutions (MFIs) in India


Telangana
Name of the Development Organization for Village
Organization Environment (DOVE)

Legal Form Society


State Head
Telangana
Quarter
Head of the Mr. C. Mohan Naidu
Institution & 1-92/2/A, Prabhatnagar Colony,
Contact Details Chaitanyapuri, Dilsukhnagar, Hyderabad-
500 060, Telangana
Ph: 040 24057624 / 24058163
E-mail: doveorg_ap@yahoo.com
Year of
1993
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Telangana
State(s)
No. of
3
Branch(es)
No. of Staff 2
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.08
March 2013
Gross Loan
Portfolio (Rs
6.01
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 235


Uttar Pradesh

Name of the
Organization CASHPOR Micro Credit

Legal Form Sec 25 Company


State Head
Uttar Pradesh
Quarter
Head of the Mr. Mukul Jaiswal
Institution & S 8/108, B-4, D.I.G. Colony, Maqbool
Contact Details Alam Road, Varanasi-221002
Ph: 91-542-2505590-91-92
E-mail: bs@cashpor.in
Year of
2002
Establishment
Operating in
2
No. of State(s)
Name of the
TIER I MFI

Operating Uttar Pradesh, Bihar


State(s)
No. of
264
Branch(es)
No. of Staff 1566
Products Micro Credit, Livelihood Promotion,
& Services Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 6.56
March 2014
Gross Loan
Portfolio (Rs
454.75
in Crore) as of
March 2014

236 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Utkarsh Micro Finance Pvt. Ltd.

Legal Form NBFC


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 (UP)
Ph. No. - 0542-2282002
E-mail: communications@utkarshmfi.com
Year of
2009
Establishment
Operating in
6
No. of State(s)
Name of the
TIER I MFI

Uttar Pradesh, Bihar, Maharashtra,


Operating
Madhya Pradesh, Uttarkhand, Haryana
State(s)
No. of
177
Branch(es)
No. of Staff 1032
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 3.20
March 2014
Gross Loan
Portfolio (Rs
356.00
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 237


Uttar Pradesh

Name of the
Organization Sonata Finance Pvt. Ltd.

Legal Form NBFC


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, (UP)
Ph: 532 -2467985
E-mail: info@sonataindia.com
Year of
2006
Establishment
Operating in
4
No. of State(s)
TIER I MFI

Name of the
Uttar Pradesh, Madhya Pradesh,
Operating
Uttrakhand, Haryana
State(s)
No. of
130
Branch(es)
No. of Staff 884
Products
Micro Credit, Micro Insurance (Non-
& Services
Health), Remittance
Offered
Client Outreach
(in Lakh) as of 2.80
March 2014
Gross Loan
Portfolio (Rs
346.00
in Crore) as of
March 2014

238 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Fusion Microfinance Pvt. Ltd.

Legal Form NBFC


State Head
Uttar Pradesh
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
5
No. of State(s)
Name of the
TIER II MFI

Uttar Pradesh, Madhya Pradesh,


Operating
Uttarakhand, Haryana, Delhi
State(s)
No. of
41
Branch(es)
No. of Staff 338
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 1.28
March 2014
Gross Loan
Portfolio (Rs
138.00
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 239


Uttar Pradesh

Name of the
Organization S . E. Investments Ltd.

Legal Form NBFC


State Head
Uttar Pradesh
Quarter
Head of the Mr. Sunil Agarwal
Institution & Block -54 Sanjay Place, Agra-282002
Contact Details Uttar Pradesh
Ph: 0562-4028820/21/88
E- mail:sunil@seil.in
harish@seil.in
Year of
1992
Establishment
Operating in
9
No. of State(s)
TIER II MFI

Name of the Andhra Pradesh, Delhi,Gujarat,


Operating Maharashtra, Madhya Pradesh,
State(s) Rajasthan, Tamil Nadu, Uttar Pradesh,
West Bengal
No. of
9
Branch(es)
No. of Staff 672
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.66
March 2014
Gross Loan
Portfolio (Rs
871.41
in Crore) as of
March 2014

240 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Bharatiya Micro Credit

Legal Form Sec 25 Company


State Head
Uttar Pradesh
Quarter
Head of the Mr. Vijay Pandey
Institution & 645/A/57, Plot - 15, Sector - I,
Contact Details Janki Vihar, Janki Puram,
Lucknow - 226021
Ph: 8795834401 ,9794096000
E- mail: bmclko@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Uttar Pradesh
State(s)
No. of
16
Branch(es)
No. of Staff 99
Products
& Services Micro Credit, Remittance
Offered
Client Outreach
(in Lakh) as of 0.43
March 2014
Gross Loan
Portfolio (Rs
47.13
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 241


Uttar Pradesh

Name of the
Organization Margdarshak Financial Services Ltd

Legal Form NBFC


State Head
Uttar Pradesh
Quarter
Head of the Mr. Rahul J. Mittra
Institution & B-905, CID Colony, Mahanagar,
Contact Details Lucknow-226006, Uttar Pradesh
Ph: 0522-4925444
E-mail: margdarshak.lko@gmail.com
Year of
2007
Establishment
Operating in
2
No. of State(s)
Name of the
TIER III MFI

Operating Uttar Pradesh, Bihar


State(s)
No. of
29
Branch(es)
No. of Staff 142
Products Micro Credit, Micro Insurance, Micro
& Services Pension, Livelihood Promotion,
Offered Housing & Energy, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.41
March 2014
Gross Loan
Portfolio (Rs
37.40
in Crore) as of
March 2014

242 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Disha India Micro Credit

Legal Form Sec 25 Company


State Head
Uttar Pradesh
Quarter
Head of the Mr. K.N.Tiwari
Institution & Moh.Mandir ji, Sultanpur-Chilkana,
Contact Details Saharanpur (U.P) - 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)
TIER III MFI

Name of the
Operating Uttar Pradesh, Uttrakhand
State(s)
No. of
7
Branch(es)
No. of Staff 40
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.11
March 2013
Gross Loan
Portfolio (Rs
0.87
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 243


Uttar Pradesh

Name of the
Organization Drishtee Foundation

Legal Form Society


State Head
Uttar Pradesh
Quarter
Head of the Ms. Mamta Mishra
Institution & Knowledge Boulevard ,Tower-B,8th
Contact Details Floor,Plot No.-A-8A,Sector-62,
Noida(U.P.) -201301
Ph: 120-4661000
E-mail: vipul.k@drishtee.in
Year of
2007
Establishment
Operating in
2
No. of State(s)
TIER III MFI

Name of the
Operating Assam, Uttar Pradesh
State(s)
No. of
75
Branch(es)
No. of Staff 25
Products
& Services Micro Credit, Business Correspondent.
Offered
Client Outreach
(in Lakh) as of 0.21
March 2013
Gross Loan
Portfolio (Rs
6.07
in Crore) as of
March 2013

244 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Yuva Chetna Kendra

Legal Form Society


State Head
Uttar Pradesh
Quarter
Head of the Mr. Paras Nath Singh
Institution & Gayatripuram, Kasia Road,
Contact Details Deoria - 274001
Uttar Pradesh
Ph: 9450680721
E-mail: yckendra@gmail.com
Year of
1984
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Uttar Pradesh
State(s)
No. of
4
Branch(es)
No. of Staff 24
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.20
March 2013
Gross Loan
Portfolio (Rs
1.75
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 245


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 Kr. Singh
Institution & 39, Nil Vihar, 14-Sector Power
Contact Details House, Indira Nagar, Lucknow,
Uttar Pradesh -226 016
Ph: 522-2712671, 2712311
E-mail: info@indianeedlko.org,
need@sify.com
Year of
2005
Establishment
Operating in
2
TIER III MFI

No. of State(s)
Name of the
Operating Uttar Pradesh, Bihar
State(s)
No. of
8
Branch(es)
No. of Staff 110
Products
Micro Credit, Microinsurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.14
March 2013
Gross Loan
Portfolio (Rs
12.37
in Crore) as of
March 2013

246 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Sanchetna Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
Uttar Pradesh
Quarter
Head of the Mr. Lokesh Kumar Singh
Institution & 5/82 Vipul Khand, Gomtinagar, Lucknow,
Contact Details Uttar Pradesh
Ph: 0522-4076350
E-mail: lokesh.singh@sanchetnaindia.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating Uttar Pradesh


State(s)
No. of
7
Branch(es)
No. of Staff 20
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.07
March 2013
Gross Loan
Portfolio (Rs
4.57
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 247


Uttar Pradesh

Name of the
Organization Rise Microfin

Legal Form Sec 25 Company


State Head
Uttar Pradesh
Quarter
Head of the Mr. Rupaal Singh
Institution & 533 Sector 12 Vasundhara,
Contact Details Ghaziabad-201012 (UP. India)
Ph: 0120-4133867
E-mail: rupaalsingh@risemicrofin.com
Year of
2008
Establishment
Operating in
3
No. of State(s)
Name of the
TIER III MFI

Operating Uttar Pradesh, Uttarakhand, Delhi


State(s)
No. of
3
Branch(es)
No. of Staff 40
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
1.96
in Crore) as of
March 2014

248 Directory of Microfinance Institutions (MFIs) in India


Uttar Pradesh
Name of the
Organization Gramotthan Micro Finance Company

Legal Form Sec 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
E-mail: gmfc.kushinagar@gmail.com
Year of
2013
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Uttar Pradesh
State(s)
No. of
2
Branch(es)
No. of Staff 14
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
2.26
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 249


Uttarakhand

Name of the Pahal Institute of Community


Organization Empowerment and Micro Finance

Legal Form Society


State Head
Uttarakhand
Quarter
Head of the Mr. Islam Hussain
Institution & Village- Khera Sultannagri,
Contact Details Gola Barrage Raod Kathgodam,
Nainital- 263126 Uttrakhand
Ph: 05946 - 266209, 05946 - 266216
E-mail: naipahal@yahoo.co.uk,
contact@pahalnainital.org,
islam.pahal@gmail.com
Year of
1988
Establishment
TIER III MFI

Operating in
2
No. of State(s)
Name of the
Operating Uttrakhand, Uttar Pradesh
State(s)
No. of
7
Branch(es)
No. of Staff 27
Products
& Services Micro Credit, Housing & Energy
Offered
Client Outreach
(in Lakh) as of 0.07
March 2013
Gross Loan
Portfolio (Rs
1.94
in Crore) as of
March 2013

250 Directory of Microfinance Institutions (MFIs) in India


Uttarakhand
Name of the
Organization Balajee Sewa Sansthan

Legal Form Society


State Head
Uttarakhand
Quarter
Head of the Mr. Awadhesh Kumar
Institution & Balajee Sewa Sansthan
Contact Details Lane C-18, Turner Road, Clement
Town, Dehradun, Uttrakhand-248002
Ph: 0135-3257779
E-mail: awadh.kpal@gmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating Uttarakhand
State(s)
No. of
3
Branch(es)
No. of Staff 8
Products Micro Credit, Livelihood Promotion,
& Services Health & Sanitation, Education,
Offered Capacity Building & Training
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.41
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 251


West Bengal

Name of the
Organization Bandhan Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. Chandra Shekhar Ghosh
Institution & DN - 32, Salt Lake City, Sector - V,
Contact Details Kolkata - 700091
Ph: 033 - 66090909
E-mail: info@bandhanmf.com
Year of
2001
Establishment
Operating in
22
No. of State(s)
Name of the Assam, Bihar, Chhattisgarh, Dadra
Operating and Nagar Haveli, Delhi, Gujarat,
TIER I MFI

State(s) Haryana, Jharkhand, Madhya Pradesh,


Maharashtra, Meghalaya, Odisha,
Rajasthan, Sikkim, Tripura, Uttar
Pradesh, Uttarakhand, West Bengal,
Manipur, Mizoram, Himachal Pradesh,
Punjab
No. of
1803
Branch(es)
No. of Staff 11450
Products Micro Credit, Remittance, Micro
& Services Insurance, Education, Hard core poor
Offered upliftment.
Client Outreach
(in Lakh) as of 54.10
March 2014
Gross Loan
Portfolio (Rs
6107.00
in Crore) as of
March 2014

252 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Arohan Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. Manoj Kumar Nambiar
Institution & Prafulla, 195/1, Rajdanga,
Contact Details Chakrabortypara, Kasba,
Kolkata, - 700107
Ph: (033) 40156000
E-mail: shubhankar.sengupta@arohan.in
Year of
2006
Establishment
Operating in
3
No. of State(s)
TIER II MFI

Name of the
Operating Assam, Bihar, West Bengal
State(s)
No. of
65
Branch(es)
No. of Staff 443
Products
& Services Micro Credit, Micro Pension, Insurance
Offered
Client Outreach
(in Lakh) as of 2.20
March 2014
Gross Loan
Portfolio (Rs
154.62
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 253


West Bengal

Name of the
Organization Village Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. Kuldip Maity
Institution & Village Tower; F-15, Geetanjali Park,
Contact Details 18/3A, Kumud Ghoshal Road
Kolkata - 700057
Ph: 033 2564 6545, 033 2564 5786
E-mail:contact@village.net.in
Year of
2006
Establishment
Operating in
2
No. of State(s)
TIER II MFI

Name of the
Operating West Bengal, Bihar
State(s)
No. of
101
Branch(es)
No. of Staff 743
Products
Micro Credit, Insurance, Capacity
& Services
Building & Training
Offered
Client Outreach
(in Lakh) as of 1.36
March 2014
Gross Loan
Portfolio (Rs
89.72
in Crore) as of
March 2014

254 Directory of Microfinance Institutions (MFIs) in India


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 Das Gupta
Institution & GC-8, Sector - III, Salt Lake City,
Contact Details Kolkata- 700106, West Bengal
Ph: 033-40046142
E-mail: shubhashis.paul@asa-
international.in
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating West Bengal
State(s)
No. of
140
Branch(es)
No. of Staff 652
Products
Micro Credit, Capacity Building &
& Services
Training
Offered
Client Outreach
(in Lakh) as of 0.84
March 2014
Gross Loan
Portfolio (Rs
48.29
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 255


West Bengal

Name of the
Organization Jagaran Microfin Pvt. Ltd.

Legal Form NBFC


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: 700014
Ph: (033) 40606407
E-mail: alok.biswas@jagaranmf.com
Year of
2010
Establishment
Operating in
1
No. of State(s)
Name of the
TIER II MFI

Operating West Bengal


State(s)
No. of
42
Branch(es)
No. of Staff 252
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.83
March 2014
Gross Loan
Portfolio (Rs
51.04
in Crore) as of
March 2014

256 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Sarala Women Welfare Society

Legal Form Sec 25 Company


State Head
West Bengal
Quarter
Head of the Mr. Pranab Rakshit
Institution & 4/2/3, Dino Master Lane
Contact Details Shibpur, Howrah - 711103
Ph: 033 2678 8390
E-mail: pranab.rakshit@sarala.co.in
Year of
2006
Establishment
Operating in
1
No. of State(s)
Name of the
TIER II MFI

Operating West Bengal


State(s)
No. of
53
Branch(es)
No. of Staff 271
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.64
March 2014
Gross Loan
Portfolio (Rs
26.76
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 257


West Bengal

Name of the
Organization Sahara Utsarga Welfare Society

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Sudipta Banerjee
Institution & 10/9 Chinar Park, New Town,
Contact Details Kolkata-700157
Ph: 033 66076500
E-mail: sahara.utsarga@gmail.com
Year of
1993
Establishment
Operating in
1
No. of State(s)
Name of the
TIER II MFI

Operating West Bengal


State(s)
No. of
96
Branch(es)
No. of Staff 584
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.61
March 2014
Gross Loan
Portfolio (Rs
45.10
in Crore) as of
March 2014

258 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Kotalipara Development Society

Legal Form Society


State Head
West Bengal
Quarter
Head of the Dr. G. C. Baidya
Institution & Santa NIR, Arabindapally,
Contact Details Noapara, Barasat , Kolkata
Ph: 033 - 2524 1414
E-mail: kotaliparads@yahoo.co.in,
info@kdsmfi.org
Year of
1997
Establishment
Operating in
1
No. of State(s)
TIER II MFI

Name of the
Operating West Bengal
State(s)
No. of
100
Branch(es)
No. of Staff 556
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.61
March 2014
Gross Loan
Portfolio (Rs
32.07
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 259


West Bengal

Name of the Liberal Association for Movement of


Organization People

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Malay Dewanji
Institution & 28/1B/1, Bose Pukur Road,
Contact Details Kolkata-700042
Ph: (033) 22418496
E-mail: mfldplamp@yahoo.com
Year of
1978
Establishment
Operating in
6
No. of State(s)
TIER III MFI

Name of the
West Bengal, Jharkhand, Odisha, Tamil
Operating
Nadu, Karnataka, Delhi
State(s)
No. of
48
Branch(es)
No. of Staff 117
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.33
March 2012
Gross Loan
Portfolio (Rs
9.68
in Crore) as of
March 2012

260 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Sreema Mahila Samity

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
Ph: 9732776039
E-mail: mohua.wb@gmail.com
Year of
2000
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
23
Branch(es)
No. of Staff 143
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.37
March 2014
Gross Loan
Portfolio (Rs
23.84
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 261


West Bengal

Name of the
Organization Uttrayan Financial Services Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. Kartick Biswas
Institution & Sahara Banerjeepara (1st Sarani)
Contact Details P.O- Michael Nagar, Kolkata- 700 133
West Bengal
Ph: 033-2567-0024
E-mail: uttrayanfinancial@gmail.com
Year of
2001
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
68
Branch(es)
No. of Staff 313
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.31
March 2014
Gross Loan
Portfolio (Rs
19.27
in Crore) as of
March 2014

262 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Unnati Trade & Fincon Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. Sandip Kumar Sinha
Institution & 4/2/3, Dino Master Lane, Shibpur,
Contact Details Howrah - 7110103, West Bengal
Ph:033 2678 8390/5925
E-mail:pranabrakshit@yahoo.co.in
Year of
1992
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal


State(s)
No. of
6
Branch(es)
No. of Staff 37
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.19
March 2014
Gross Loan
Portfolio (Rs
8.42
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 263


West Bengal

Name of the
Organization Society for Model Gram Bikash Kendra

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Ganesh Chandra Modak
Institution & 107, Jodhpur Park, Ground Floor
Contact Details Kolkata-700068
Ph: 033-65268141
E-mail: info@grambikash.org
Year of
2005
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
10
Branch(es)
No. of Staff 92
Products
Micro Credit, Education, Health &
& Services
Sanitation, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.17
March 2014
Gross Loan
Portfolio (Rs
15.84
in Crore) as of
March 2014

264 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Seba Rahara

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Subrata Ghosh
Institution & H/O Khagen Bhowal,
Contact Details Dakshinpalli Canal Side Road,
PS. Khardah, Kolkata- 700118
Ph: 033 65486901
E-mail: seba_rahara@yahoo.co.in
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
9
Branch(es)
No. of Staff 52
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.13
March 2014
Gross Loan
Portfolio (Rs
8.26
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 265


West Bengal

Name of the
Organization Belghoria Janakalyan Samity

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: 3.340077635
E-mail: info@bjsmfindia.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
10
Branch(es)
No. of Staff 42
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
7.70
in Crore) as of
March 2014

266 Directory of Microfinance 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 Haldar Road, Kalighat
Contact Details Kolkotta, W.B - 700026
Ph: 03190114
E-mail: ksdf_mm@yahoo.co.in
Year of
1997
Establishment
Operating in
2
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal,Odisha


State(s)
No. of
12
Branch(es)
No. of Staff 200
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.11
March 2014
Gross Loan
Portfolio (Rs
6.28
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 267


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 & Village & Post- Dakshin Barasat,
Contact Details Dist-South 24 Pgs, PIN-743372,WB
Ph: 03218-223 642
E-mail: dcbsmi@gmail.com,
animesh.naiyer@gmail.com
Year of
2003
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
6
Branch(es)
No. of Staff 42
Products
Micro Credit, Micro Insurance, Housing
& Services
& Energy, Health & Sanitation
Offered
Client Outreach
(in Lakh) as of 0.10
March 2014
Gross Loan
Portfolio (Rs
6.24
in Crore) as of
March 2014

268 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Parama Mohila Samittee

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-741501
Ph: 03473-326339, 9732208400
E-mail: paramamahila@gmail.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 43
Products
Micro Credit, Micro Insurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.10
March 2013
Gross Loan
Portfolio (Rs
6.01
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 269


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
Contact Details Ground Floor, Kalighat,
Kolkata -700026
West Bengal
Ph: 08582941003/09433334230
E-mail: dbis.sathi@yahoo.co.in
dbis.prasanta@gmail.com
Year of
2006
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
4
Branch(es)
No. of Staff 25
Products
Micro Credit, Micro Insurance,
& Services
Capacity Building & Training
Offered
Client Outreach
(in Lakh) as of 0.09
March 2014
Gross Loan
Portfolio (Rs
4.16
in Crore) as of
March 2014

270 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Destiny Finco Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. Sudipta Banerjee
Institution & 10/9 Chinar Park, 1st Floor
Contact Details New Town, PO: Hatiara
Kolkata-700 157, WB
Ph: 9007877298
E-mail:destiny.finco@gmail.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
24
Branch(es)
No. of Staff 134
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education,
Capacity Building & Training
Client Outreach
(in Lakh) as of 0.08
March 2014
Gross Loan
Portfolio (Rs
5.82
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 271


West Bengal

Name of the
Organization Anjali Microfin Pvt. Ltd.

Legal Form NBFC


State Head
West Bengal
Quarter
Head of the Mr. John Mayne
Institution & C-521 Lake Gardens, 3rd Floor,
Contact Details Kolkata- 700045
Ph : 033-40644167
E-Mail:johnm@anjalimfi.com,
Year of
2010
Establishment
Operating in
4
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal, Tripura, Assam, Bihar
State(s)
No. of
16
Branch(es)
No. of Staff 131
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.08
March 2013
Gross Loan
Portfolio (Rs
4.50
in Crore) as of
March 2013

272 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Human Development Centre

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Kartick Ch. Midday
Institution & Vill.Mastikari, P.O. : Dakshin Barasat,
Contact Details Dist. : South 24-Parganas, West Bengal
PIN: 743372
Ph: 03218-222778
E-mail: humandc@gmail.com,humandc@
bsnl.in
Year of
2001
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
8
Branch(es)
No. of Staff 30
Products
Micro Credit, Livelihood Promotion,
& Services
Health & Sanitation
Offered
Client Outreach
(in Lakh) as of 0.08
March 2013
Gross Loan
Portfolio (Rs
6.46
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 273


West Bengal

Name of the
Organization Seba Bikash Kendra Financial Services

Legal Form Sec 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)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 23
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.06
March 2013
Gross Loan
Portfolio (Rs
13.00
in Crore) as of
March 2013

274 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the Sripur Swami Vivekananda Welfare
Organization Society

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Manab Ghosh
Institution & Vill- Sripur, PO-Kashimpur, PS-
Contact Details Joynagar, Dist -24 Parganas(South),
West Bengal PIN: 743372
Ph: 9933960347
E-mail: ssvws.bengal@gmail.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
4
Branch(es)
No. of Staff 21
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.05
March 2013
Gross Loan
Portfolio (Rs
2.71
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 275


West Bengal

Name of the
Organization Barasat Sampark

Legal Form Society


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

Name of the
Operating West Bengal
State(s)
No. of
4
Branch(es)
No. of Staff 21
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.05
March 2014
Gross Loan
Portfolio (Rs
2.25
in Crore) as of
March 2014

276 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Swayamsampurna

Legal Form Trust


State Head
West Bengal
Quarter
Head of the Ms. Dolon Ganguly
Institution & C/O- Jeevika Development Society,
Contact Details 1/A South End View Building,
D.H.Road, Joka,
Kolkata - 700104
Ph: 033 2467 3060 , 033 2453 3843
E-mail: dolonganguly@gmail.com
sushantabanerjee9@gmail.com
Year of
2009
Establishment TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
1
Branch(es)
No. of Staff 21
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.04
March 2014
Gross Loan
Portfolio (Rs
2.13
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 277


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 & PO: Ramlochan Pur, S 24 Pgs
Contact Details West Bengal-743336
Ph: 3174277451, 277986
E-mail: vssu.in@gmail.com
Year of
1994
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
11
Branch(es)
No. of Staff 42
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.04
March 2014
Gross Loan
Portfolio (Rs
3.01
in Crore) as of
March 2014

278 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Dibakar

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Jayanta Dutta
Institution & Village & P. O. Dewanhat,
Contact Details Cooch Behar, West Bengal
Ph: 9851374527/9735015234
E-mail: dibakar_social_welfare@
yahoo.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 12
Products Micro Credit, Livelihood Promotion,
& Services Housing & Energy, Health & Sanitation,
Offered Education, Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.04
March 2013
Gross Loan
Portfolio (Rs
2.01
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 279


West Bengal

Name of the
Organization Agradut Polly Unnayan Samity

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
Ph: 03214-200070
E-mail: agradut_org@yahoo.co.in
Year of
1984
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
8
Branch(es)
No. of Staff 89
Products
& Services Micro Credit, Micro Insurance
Offered
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
2.06
in Crore) as of
March 2014

280 Directory of Microfinance 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 - Diamond
Contact Details Harbour, District - South 24 Parganas,
West Bengal, 743332
Ph: 03174 215032
E-mail:bswi.india@gmail.com
bswi_india@yahoo.co.in
Year of
1976
Establishment
Operating in
1
TIER III MFI
No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 30
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.03
March 2013
Gross Loan
Portfolio (Rs
0.35
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 281


West Bengal

Name of the
Organization Boys' Recreation Club

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Gokul Sarkar
Institution & Vill + P.O - Bhangni - I
Contact Details Saheb Ganj Road,
P.S.- Dinhata, Dist: Cooch Behar,
PIN - 736135,West Bengal
Ph: 03581- 256855
E-mail: boys_rclub@yahoo.co.in
brcdinhata.org@rediffmail.com
Year of
1965
Establishment
TIER III MFI

Operating in
1
No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
1
Branch(es)
No. of Staff 8
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.03
March 2013
Gross Loan
Portfolio (Rs
1.22
in Crore) as of
March 2013

282 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the Duttapukur Institute for Social
Organization Advancement
Legal Form Society
State Head
Quarter West Bengal

Head of the Mr. Ashis Kr. Sen


Institution & Chandrapur
Contact Details (Near Chandrapur Mitali Sangha),
P.O. - Digha ( VIA - Duttapukur ) ,
District. - North 24 Parganas ,
PIN - 743248 West Bengal
Ph: 09883760015
E-mail: disaduttapukur@yahoo.com
Year of
2007
Establishment
Operating in
TIER III MFI
1
No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
2
Branch(es)
No. of Staff 13
Products Micro Credit, Livelihood Promotion
& Services Housing & Energy, Health & Sanitation,
Offered Education and Capacity Building &
Training
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
1.72
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 283


West Bengal

Name of the
Organization Barasat Grameen Society

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Gouranga Kr. Sarkar
Institution & Gouranga Kr. Sarkar Basundhara
Contact Details Noapara, Barasat
Kolkata-700125
E-mail: uroy_consultant@yahoo.com
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
2
Branch(es)
No. of Staff 13
Products
Micro Credit, Health & Sanitation,
& Services
Water & Energy
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
0.87
in Crore) as of
March 2013

284 Directory of Microfinance 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, PS- Kulpi, Dist- South
Contact Details 24 Parganas, West Bengal- 743332
Ph: 03174-256595
E-mail:brwaswb@gmail.com
Year of
1990
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal


State(s)
No. of
1
Branch(es)
No. of Staff 11
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.03
March 2014
Gross Loan
Portfolio (Rs
0.62
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 285


West Bengal

Name of the
Organization Bengal Women Welfare Association

Legal Form Sec 25 Company


State Head
West Bengal
Quarter
Head of the Mr. Bimalendu Kayal
Institution & 1/1Q, Prince Golam Md
Contact Details Shah Road, Kolkata-700095
Ph: 033-24174083/40013077
E-mail: kayalbwwa@gmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
6
Branch(es)
No. of Staff 16
Products
Micro Credit, Micro
& Services
Insurance,Remittance
Offered
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
1.12
in Crore) as of
March 2014

286 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Ullon Social Welfare Society

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Chinmoy Khaskel
Institution & Vill.-Ullon, P.O.-Ramlochanpur,
Contact Details 24-Parganas (S) West Bengal
Ph: 9153144355
E-mail: ullon_social_welfare@yahoo.com
Year of
2007
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal


State(s)
No. of
1
Branch(es)
No. of Staff 20
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
1.20
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 287


West Bengal

Name of the
Organization Coochbehar Khagrabari Relief Service

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Pulak Kumar Dey
Institution & Village - Khagrabari
Contact Details Post & Dist- Coochbehar
West Bengal
PIN- 736101
Ph: 0358-2250581
E-mail: krs.bengal@gmail.com
Year of
2002
Establishment
Operating in
1
TIER III MFI

No. of State(s)
Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 17
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
1.25
in Crore) as of
March 2013

288 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Barasat Unnayan Prostuti

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Ranjit Kumar Datta
Institution & Basundhara, P. O. Noapara, Barasat
Contact Details Kolkata-700125, West Bengal
Ph: 033-25421334
E-mail:reachbup@yahoo.co.in
Year of
1993
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal


State(s)
No. of
2
Branch(es)
No. of Staff 8
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
0.83
in Crore) as of
March 2014

Directory of Microfinance Institutions (MFIs) in India 289


West Bengal

Name of the
Organization Barasat Anweshan

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)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 17
Products
Micro Credit, Micro Insurance (Non-
& Services
Health)
Offered
Client Outreach
(in Lakh) as of 0.02
March 2014
Gross Loan
Portfolio (Rs
1.18
in Crore) as of
March 2014

290 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Swanirvar

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr Subash Gyan
Institution & Vill & P.O- Andharmanik, P.S- Baduria,North
Contact Details 24 Parganas
West Bengal-743401
Ph: 03217-237446
E-mail: swanirvar446@gmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
1
Branch(es)
No. of Staff 9
Products
& Services Micro Credit, Education
Offered
Client Outreach
(in Lakh) as of 0.02
March 2013
Gross Loan
Portfolio (Rs
0.70
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 291


West Bengal

Name of the
Organization Purba Barasat Prerana

Legal Form Society


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

Name of the
Operating West Bengal
State(s)
No. of
1
Branch(es)
No. of Staff 8
Products Micro Credit, Health & sanitation,
& Services Education, Capacity Building &
Offered Training
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.95
in Crore) as of
March 2014

292 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Ulkunda Tarun Seva Sangha

Legal Form Society


State Head
West Bengal
Quarter
Head of the Sk. Hasibur Rahaman
Institution & Saswati Bhawan, Talpukurdhar 3rd Lane,
Contact Details Chandannagar,
Hooghly - 712136
Ph: 9732043935
E-mail: utsevasangha@yahoo.co.in
Year of
2008
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
4
Branch(es)
No. of Staff 18
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
1.71
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 293


West Bengal

Name of the
Organization BURS

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Himangshu Debnath
Institution & B-5, Lake View Park, Baranagar,
Contact Details Bonhooghly, Kolkata,
Ph: 033-25778968,9830154583
E-mail:burskolkata@gmail.com
Year of
2006
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
2
Branch(es)
No. of Staff 14
Products Micro Credit, Health & Sanitation,
& Services Micro Insurance (Non-Health),
Offered Remittance ,Pension
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
1.21
in Crore) as of
March 2014

294 Directory of Microfinance Institutions (MFIs) in India


West Bengal
Name of the
Organization Micromax Charitable Trust

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: 03216-248642
E-mail:micromaxct@gmail.com
Year of
2009
Establishment
Operating in
1
No. of State(s)
Name of the
TIER III MFI

Operating West Bengal


State(s)
No. of
2
Branch(es)
No. of Staff 7
Products
& Services Micro Credit
Offered
Client Outreach
(in Lakh) as of 0.01
March 2013
Gross Loan
Portfolio (Rs
0.73
in Crore) as of
March 2013

Directory of Microfinance Institutions (MFIs) in India 295


West Bengal

Name of the Jamalpur Panchyajanya Gram Vikash


Organization Samity

Legal Form Society


State Head
West Bengal
Quarter
Head of the Mr. Susanta Chakraborty
Institution & 190, Palashpur, Tribeni, Hooghly,
Contact Details West Bengal.
Ph: 9339615797
E-mail: jpgvs.d@gmail.com
Year of
2004
Establishment
Operating in
1
No. of State(s)
TIER III MFI

Name of the
Operating West Bengal
State(s)
No. of
3
Branch(es)
No. of Staff 6
Products Micro Credit, Education, Women
& Services Empowerment, Health & Sanitation,
Offered other credit plus activities
Client Outreach
(in Lakh) as of 0.01
March 2014
Gross Loan
Portfolio (Rs
0.17
in Crore) as of
March 2014

296 Directory of Microfinance Institutions (MFIs) in India


Directory Team
K. Natarajan
Harihara Mohapatra
Ardhendu Nandi
P.M.Kamalesh
Abu Afzal Tauheed
Habib Shaik
Susanta K. Behera
Sandeep Rewari
Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
Institutions (MFIs) in India
Directory of Microfinance
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Directory of Microfinance
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Directory of Microfinance
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Directory of Microfinance
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Institutions (MFIs) in India
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12 & 13, MPTCD Building
Institutions (MFIs) in India
2nd Floor, Special Institutional Area
Shaheed Jeet Singh Marg
New Delhi-110 067, India
Tel: +91-11-47174400 Fax: +91-11-47174405
Directory of Microfinance
E-mail: info@sa-dhan.org
Website: www.sa-dhan.net

Institutions (MFIs) in India