-
10 Most Promising Microfinance Companies - 2023
Microfinance: Investing in Hope, Cultivating Success Microfinance companies play a pivotal role in fostering financial inclusion by providing small-scale loans to individuals who lack access to traditional banking. These institutions empower entrepreneurs in underserved communities, particularly women, enabling them to start or expand micro-businesses. By offering financial services tailored to the needs of the economically disadvantaged, microfinance bridges the gap, fostering self-sufficiency and community development. This inclusive approach not only alleviates poverty but also cultivates a spirit of entrepreneurship, stimulating local economies. Through microfinance, individuals gain the means to break the cycle of poverty, creating a ripple effect of positive social and...
-
10 Most Promising Microfinance Companies - 2023
Propose your Nomination
Our subscribers play a decisive role in finalization of our annual list of Top Microfinance Companies - 2023 by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
Cover
| Company Logo | Company Name | Company Management | Company Description |
|---|---|---|---|
|
ATD Finance | Dr. Manoranjan Mohanty,Chairman | A finance company providing microfinancing as per RBI’s digital lending guidelines, with expertise in personal loan, gold loan, LAP, micro finance |
| Company Logo | Company Name | Company Management | Company Description |
|---|---|---|---|
|
Asirvad Microfinance | Srinivas Pattadakall , Cluster Business Manager | The company provides microfinance loans to women from poor and low-income household, and have completed many securitization deals with Banks |
|
Chaitanya India Fin Credit | Abhik Sarkar , Chief Financial Officer | A financial service firm offering digital personal loans, home loans, mutual funds, health insurance and micro-loans |
|
CreditAccess Grameen | Udaya Kumar Hebbar , Managing Director | A microfinance institution focused on providing micro-loans to women customers predominantly in rural areas across India |
|
Fusion Micro Finance | Devesh Sachdev , MD & CEO | The firm with the core idea to create opportunities at the bottom of the pyramid by providing financial services to the underserved and unserved women entrepreneurs in rural areas |
|
Janalakshmi Financial Services | Gopalakrishnan S , CFO | A digitized bank serving all customer segments and communities, also with an aim to remain service oriented, fully compliant and committed to good governance and practices |
|
Madura Micro Finance | Narayanan Muthiah , President | A group loan (microcredit) to women self-help groups (SHGs) for the purpose of small business support, also dedicated to bringing financial products to the underserved rural population |
|
Navachetana Microfin Services | Unnikrishnan Janardnan , CEO | A non-banking finance company that extends micro-loans to poor women who are excluded from mainstream banking services |
|
Samasta Microfinance | Naveen Kumar Mallik , COO | A financial institution providing innovative and affordable financial products to women from unbanked sections in society in both rural and semi-urban area |
|
Share India Fincap | Rajesh Gupta , Managing Director | A distinguishedRBI registered non-banking financial firm providing small and micro enterprise loans and loans against securities |