CreditAccess Grameen Ltd. is the largest pure-play MFI in India with an AUM of USD 2.55 Bn. Its curated Classical Joint Liability Group model serves over 4.25 million women at one of the lowest lending rates in the industry. The nuanced approach of offering multiple products incorporating lifecycle needs coupled with flexible repayment options are among the unique features in the microfinance industry across the globe supported through its ~17,000 employees and 1,786 branches at the last mile.
IIFL Samasta, an IIFL Group company, is a microfinance institution committed to working towards women’s economic empowerment. Since its inception in March 2008, IIFL Samasta has been providing innovative and affordable financial products to women from unbanked sections in society in both rural and semi urban areas. Today as the organisation caters to 16 states across India, IIFL Samasta with its wide array of responsible financial products and services acts as a catalyst for sustainable and inclusive economic growth. We are leveraging innovative technology solutions to enable customers to enjoy the benefits of digitisation and we aim to create economic opportunities for all and to improve the standard of living in the communities we serve. As part of our Corporate Social Responsibility initiatives, Samasta has established financial literacy centers for customers to equip them to make smart financial decisions for a secure future for themselves and their families.
U Microfinance Bank Ltd. (U Bank) is a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL) – Etisalat Company. The bank has a network of more than 300 branches, across 210 cities and rural areas in Pakistan and offers a wide range of microfinance loans, deposit products, and branchless banking solutions. U Bank’s branchless banking offers services under the banner of U Paisa in collaboration with Ufone (Pak Telecom Mobile Limited). The service is offered at nearly 50,000 agent locations across Pakistan.
U Microfinance Bank is proud to be at the front line of fighting poverty in Pakistan and is dedicated to play its critical part in the implementation of National Financial Inclusion Strategy 2020 that aims to bring 50% of Pakistan’s adult population into banking net.
At U Microfinance Bank, we firmly believe that access to microfinance services contribute significantly towards building a more inclusive society leading to bringing the underserved population into banking net as well as help document the informal economy. Our product portfolio is designed to continuously create livelihoods for the underserved population of Pakistan and bring betterment to their lives
Muthoot Microfin Limited, the microfinance arm of Muthoot Pappachan Group is one of the leading and fast-growing microfinance institutions (NBFC-MFI) in India. Muthoot Microfin is a technologically advanced microfinance company delivering tailored financial services to masses including underprivileged and disadvantaged people, living in the rural sectors of the Indian society at affordable terms, in quick turnaround time and with hassle-free processing. The company is committed to Financial Inclusion & Women Empowerment.
Established in New Delhi on 28th October 2016, SATYA successfully caters to almost 15 lakhs active microentrepreneurs and households across 22 states in India through a network of more than 450 branches & extensive employee base of over 5500 task force. The client base of SATYA entails 100% women living in rural and semi-urban areas. The MFI is integrally focused towards extending social & financial backing to unbanked section of the population living at the bottom of the pyramid and provide affordable credit offerings for the purpose of their income generation & income growth. SATYA is not restricted merely to facilitate financial services to its clients but is also inclined towards empowering its clients by means of financial literacy, digitization, education & employment creation. Considered as one of the fastest growing and technologically advanced MFIs across India, SATYA is envisioning to serve as an impetus for the socio-economic upliftment of 5 million households by the year 2025.
In the year 2016, our journey began as we set out to empower communities and support the relentless endeavors of individuals who aspire to carve their own path to success. Our mission was a noble one: to strengthen their efforts by offering feasible microfinance solutions. We firmly believe that even in the face of financial constraints, individuals can reach the pinnacle of success if they possess the willpower and determination required to thrive. As philosophical wisdom suggests, an individual rich in effort is more productive than a millionaire who idles away their time. With the necessary financial support, a committed and driven individual possesses the determination needed to accomplish wonders. Our business ideals and values revolve around this ideology, as we partner with individuals who we believe hold the potential to make their mark in their respective industries.
Central to our ideals is the pursuit of positive social reform through the empowerment and enrichment of women. Women have always been at the forefront of social change. Their unwavering courage, steely determination, and inner strength have propelled them to become a formidable force in society. Motivated to break free from deep-rooted traditional constraints, they have proven that they possess the attributes necessary to thrive in the face of adversity. As an organization, we seek to fuel the spirited efforts of women in rural communities by offering sustainable microfinance solutions that breathe life into their flourishing dreams.
At FLI, we provide microfinance solutions and microcredit to facilitate the establishment or expansion of micro, small, or medium-sized enterprises. In addition to providing financial capital to fuel their tireless efforts, we also offer guidance and training to help individuals fully invest themselves in projects that enable personal growth. We provide the support they need to broaden their horizons and expand their businesses.
Against all odds, we dare to envision a world free from poverty, where the potential, skills, and talents of all individuals are maximized and utilized to their fullest extent. Our tireless efforts are dedicated to achieving this goal by enriching lives and building respectful and mutually beneficial relationships.
CGAP is a global partnership of more than 30 leading development organizations that works to advance the lives of people living in poverty, especially women, through financial inclusion.
CGAP works at the frontier of inclusive finance to test solutions, spark innovation, generate evidence, and share insights. Our knowledge enables public and private stakeholders to scale solutions that make financial ecosystems meet the needs of poor, vulnerable, and underserved people and of micro and small enterprises (MSEs), including through advancing women’s economic empowerment.
As a global public good, our independent research and analysis is available to all.
The SAMN is a regional network aiming at enhancing capacity, financing and regional dialogue in the microfinance sector of South Asia. SAMN governance is composed of leading Apex Institutions from the countries of the region along with the Agency for Technical Cooperation and Development (ACTED). SAMN also partners with MFIs, Investors, Banks and other key microfinance stakeholders to fulfil its objectives.