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Top 10 Microfinance Institutions - 2024

Microfinance plays a vital role in driving socio-economic transformation, especially in low-income and underserved communities, by offering financial services such as credit, savings, insurance, and payment systems to individuals typically excluded from formal financial institutions. This access to financial resources enables individuals to move away from the vicious cycle of poverty and significantly better their lives. Through microfinance, individuals can establish self-sustaining ventures crafted around income generation that goes beyond access to critical services with regard to education, health and housing, just to mention a few.

Credit is essential for the impoverished to continue earning income and covering their expenses. It is also vital for activities such as investing in small-scale self-employment ventures, including education-related loans. However, due to...

Top 10 Microfinance Institutions - 2024

Annapurna Finance
Sanjay Pattanaik, Chief Operating Officer

Offers MSME Business Loan, Housing Loan, Dairy development Loan, Rooftop Solar Loan, to name a few

Buldana Urban
Suvrat Shirish Deshpande, Director

Offers services which include digital inclusion, SME and enterprise loans

GDF Home
Sarat Chandra Das, Managing Director

Offers JLG loans for working capital needs and income generation, and individual loans for working capital and asset creation

Jfinserv
Dilip Kumar, CEO & Founder

Offers services to a vast network of trusted financial partners, allowing them to offer a comprehensive selection of loan options

Maanaveeya
Gouri Sankar Gollapudi, Managing Director

Provides loans instead of grants to offer more effective for achieving economic productivity

Ojas Micro Finance
Rimanshu Ghiya, Director

Offers financial services targeting individuals and small businesses who lack access to conventional banking and related services

Paras Finserv
P. Veraraghavan, Director

Offers service to customer segment solutions to their funding needs by devising financial products and infusing equity capital

Primal Finance
Jairam Sridharan, Managing Director

Offers corporate financing, business loans, housing loans, among others.

Sitbefinance
Goutam Bhowmik, Managing Director

Offers services for the business of a non-banking financial organization

Sfi Financial Service
V. Kalyanakrishnan, Director

Offers services to make availing credit easy to the financial segment