Muthoot Pappachan group (MPG) is a diversified business conglomerate in India . With interests in financial services, hospitality, IT Infrastructure, Automotive and Alternate energy . It embarked on its microfinance operation in the year 2010 .
Muthoot Mahila Mitra is the microfinance arm of Muthoot Fincorp. With focus on inclusive growth, the microfinance business of MPG, under its financial services flagship company Muthoot Fincorp Ltd, aims to serve the section of society that is at the bottom of the pyramid . It aspires to provide customised financial services solutions to the needy and unserved who have limited access to regular financial institutions and banks. MPG & Muthoot Fincorp with its 3500+ branch network has endeavoured to further the financial inclusion agenda of the Government of India by providing financial services in areas and to people who have limited access to such services .
Muthoot Mahila Mitra is an innovative product of Muthoot Fincorp aimed at facilitating financial inclusion of masses. The product is based on the Grameen model of lending; it is designed to promote entrepreneurship among female clients and to promote inclusive growth of clients who are at the bottom of the pyramid. This product provides financial assistance through small loans to its female clients engaged in small income generating activities. It also facilitate entrepreneurship development and harnesses entrepreneurship skills through training and skill development workshops for its clients .
To be among the top three companies in field of microfinance in India by 2020, managing the best portfolio with presence in every possible corner of India.
To be the most successful microfinance company providing need based financial services to the needy and the un- served, and to contribute to the society and serve all stakeholders alike .
Meet our dedicated team of front runners, the people who make it happen. Read more...