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MUTHOOT MICROFIN LTD.
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Muthoot Microfin Limited is a prominent, publicly-listed microfinance institution and a part of the Muthoot Pappachan Group. Founded in 1992 and commencing its microfinance operations in 2010, the company focuses on empowering women in rural and semi-urban areas by providing them with micro-loans for income-generating activities. Its mission is to offer financial services to the unbanked and underserved segments of society, thereby promoting financial inclusion and socio-economic development at the grassroots level. The company operates through a joint liability group model, encouraging mutual support among borrowers.
India
Industry
Financial