Microfinance

Directory Of Microfinance Companies 2017-2018

The last few years have seen the microfinance industry in India grow by extraordinary leaps and bounds. Microfinance Companies has seen their outreach, impact and sustainability grow exponentially. The Finance Ministry and the Reserve Bank of India have recognized the important role played by MFI’s in the economy by granting them banking licenses. MFI’s are today leading the financial inclusion drive in the country. MUDRA loan financing now makes it easy for microfinance companies to access funds.

With a large number of policy makers and regulators focused on the sector, it is important to determine who are the real micro finance companies operating in India. Nowadays anybody can claim to be a microfinance company to get benefits from the government and fool the public. There have been numerous instances where fraudulent companies have charged a commission to process loans , only to disappear overnight after collecting the fee.

To overcome these problems, Sa-Dhan the apex organizations of MFI’s and NGO’s in India has come up with a self reported MFI directory. The directory is in it’s second edition and contains the complete list of microfinance companies having operations in India. The information is verified and vetted by industry veterans. The data has also been cross-checked with internal and government databases.

The directory also provides the full contact information including name of organizational contact person, email address, office address and telephone number. The directory also carries information about the number and name of the states that MFI’s are operating in, different products and services provided, client outreach, managed portfolio, BC portfolio and gross loan portfolio. So whether you are a researcher or a marketeer you will the directory below useful.

Validity Of Information 

The below directory was released in November 2016 and can be considered to be valid throughout 2017 until November 2018 when the next updated version will be released. If you require a hard copy of the below document you can get it from the Sa-Dhan Offices located across India.

Download Full List Of Microfinance Companies

at the link below

Directory-mfi-india.pdf

directory cover

List Of 100 Microfinance Companies in India ( Taken from above directory)

No Name of the MFIs
1 ADARSA
2 Adhikar
3 Agradut Polly Unnayan Samity
4 Ajiwika Society
5 AMBA
6 AMMACTS (Future Financial Services Ltd)
7 ANG Resources Ltd
8 ASA Gram Vidiyal
9 Bal Mahila Vikas Samiti (VAMA)
10 Bandhan Financial Services Pvt Ltd
11 Bandhan Konnagar
12 Bharat Integrated Social Welfare Agency
13 Bharat Sevak Samaj
14 Bharatha Swamukti Samsthe
15 Bhartiya Samruddhi Finance Ltd (BASIX)
16 Bhoruka Charitable Trust
17 BWDA Finance Limited (BFL)
18 CASHPOR Micro Credit
19 CHINYARD
20 Community Development Centre
21 Community Service Trust
22 Confederation of Voluntary Associations (COVA)
23 Cooperation Development Council
24 Darbar Sahitya Sansad ( DSS)
25 Deepalaya
26 DISHA
27 Disha Social Organization
28 Ecumenical Church Loan Fund of India
29 Evangelical Social Action Forum
30 Glow
31 Gram Utthan
32 Grameen Koota
33 Gramin Vikas Mandal, Bansarola
34 GUIDE
35 Hindusthan Cooperative Credit Society Limited
36 Hope Foundation
37 Hope Integrated Rural Development Society
38 Indian Institute of Rural Development
39 Initiatives For Development Foundation
40 Institute of Integrated Resource Management
41 Ishara Foundation for Finance and Rural Development
42 Kalighat Society for Development facilitation
43 Khandagiri Madyamika Mahila Samabya Sangh Ltd.
44 Kotalipara Development Society
45 Krishna Bhima Samruddhi Local Area Bank Ltd.
46 KRUSHI
47 League for Education and Development (LEAD)
48 Liberal Association for Movement of People (LAMP)
49 Mahasemam Trust
50 Mahashakti Foundation
51 Mahila Arthik Vikas Mahamandal
52 Mahila Kalyan Samiti, Dhori
53 Mahila Vikas Prathamika Sanchaya Samabaya Limited
54 Manab Sewa Sangha
55 Margadarshak Development Services Pvt Ltd
56 Mari-Sanghatitha Mahila Macs Federation Ltd
57 Mimo Finance (Shah Sandhu Finance Company Pvt Ltd)
58 Nav Bharat Jagriti Kendra
59 Navachetana Foundation
60 New Life
61 NIDAN
62 Nirantara Community Services
63 Nirman Bharti Samajik & Arthik Vikas
64 Opportunity Microfinance India Ltd.
65 Organization for Rural Survival
66 Orissa Rural Infrastructure Development Association (ORIDA)
67 Outreach
68 People’s Action for National Integration (PANI)
69 Peoples Action for Transformation
70 Pikepara Kamala Seva Samity
71 Planned Social Concern (PSC)
72 Pragati Seva Samiti
73 PRAYAS (Organization for Sustainable Develpoment)
74 Priyasakhi Mahila Sangh, Indore
75 Prochesta
76 Pustikar Laghu Vyaparik Pratisthan Bachat Evam Sakh Sahakari Samiti Ltd
77 PWMACs
78 Raghunath Pathagar (RNP)
79 Rajapur Seva Niketan
80 Rashtriya Gramin Vikas Nidhi
81 Rashtriya Seva Samithi
82 S E Investments Ltd
83 Saadhana Microfin Society
84 Saath Charitable Trust (Ekta)
85 Saath Charitable Trust (Sakhi)
86 Sahabhagi Vikash Abhiyan
87 Samarthan Weakling Development Foundation
88 Sampada Trust
89 Samuha
90 Sangamam Women’s Multipurpose Thrift and Credit Co-operative Society Ltd
91 Sanghamithra Rural Financial Services
92 Sarala Women Welfare Society
93 Sarvodaya Nano Finance Limited
94 Satin Credit Care Network Limited
95 SEARCH-Kopsa
96 Serve-Sewa
97 Sewa Bank
98 Shalom Trust
99 Share Microfin Limited
100 Sonata Finance Pvt Ltd
Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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