Product Offerings:
Group and individual loans. Loan products: general, seasonal, housing, supplementary, special (group) and microenterprise (individual). Products are customized, based on clients’ needs and in consultation with clients. Repayment periods vary for each loan product and are based on the repayment capability of the client
Network Member Since:
1999
Legal Status:
NBFC (community-owned, for profit Non-Banking Financial Company registered under the Companies Act, 1956 and supervised by the Reserve Bank of India)
Area of Operations:
Andhra Pradesh, Chattisgarh, Karnataka, Madhya Pradesh and Maharshtra, India (with expansion plans to three new states)
Client Base:
Poor and predominantly rural women
| Data | 2009 | 2008 | 2007 |
| Active Clients
| 2,130,809 | 1,590,857 | 1,040,718 |
| Borrowers
| 1,987,883 | 1,502,418 | 989,641 |
| Savers
| 0 | 0 | 0 |
| Portfolio Outstanding (USD 000)
| 353,160 | 220,078 | 112,704 |
| Average Loan (US$)
| 219 | 211 | 115 |
| Percentage of Female Clients | 100% | 100% | 100% |
Note: N/A means we don't currently have numbers for that year in that category.