MFIs in India | Microfinance India

Microfinance in India: Country Profile

Loans: 4.3 billion (USD, 2011)

Active borrowers: 26.0 million (2011)

Deposits
Total value of all deposit accounts
Deposits: 135.9 million (USD, 2011)

Depositors: 2.2 million (2011)

Cross Market Analysis
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MFIs (190)

Name	Date	Diamonds	Gross Loan Portfolio Gross Loan Portfolio Gross Loan Portfolio	Number of active borrowers Number of active borrowers Number of borrowers with loans outstanding
ABASSS	2011	4	305,533	1,850
ABCRDM	2009	3	—	118,639
ADARSHA	2006	1	276,335	1,860
Adhikar	2013-03-31	4	2,994,326	42,345
AID	2007	1	149,440	7,661
AID India	2007	1	156,327	7,015
AIR	2006	1	57,340	2,289
Ajiwika	2011	4	1,009,710	10,160
AML	2013-03-31	4	204,845,799	1,027,763
AMMACTS	2010	4	2,731,207	8,646
AMPL	2013-03-31	4	142,277	2,643
AMS	2006	1	48,514	1,239
Anisha Microfin	2006	1	415,595	7,489
Annapurna Mahila Credit Co-op Society	2013-03-31	4	4,616,052	27,016
APGSS	2006	1	26,382	165
Arman Financial services Pvt Ltd	2013-03-31	4	6,114,278	45,888
Arohan	2013-03-31	4	16,603,887	112,651
Arth	2011	4	1,826,151	12,826
ASA India	2013-03-31	4	11,443,531	125,358
Asirvad	2013-03-31	4	18,872,911	113,512
Asomi	2011	4	6,273,377	85,329
ASP	2005	1	1,836,752	15,742
ASSIST	2005	1	190,815	2,556
Awareness	2006	1	12,501,705	313,055
AWS	2009	1	3,064,137	18,930
Bandhan	2013-03-31	5	814,457,856	4,433,885
Bandhu	2006	1	193,938	7,865
BASIX	2013-03-31	4	46,868,765	377,421
Bazaari Global Finance	2008	1	1,045,221	3,331
BES	2000	1	50,271	525
Bhoomika	2006	1	513,283	5,328
BIRDS	2004	1	570,995	8,432
BISWA	2013-03-31	5	59,244,099	411,838
BJS	2011	4	1,069,611	9,305
BMVS	2011	4	336,224	2,276
Bodhana	2004	1	222,822	11,065
BSA	2006	1	902,836	14,400
BSS	2011	4	24,629,730	138,346
BWDA	2011-12-31	1	15,361,855	159,681
BWDA Finance	2011	4	15,473,541	152,682
BWDC	2011	4	1,345,309	12,053
Cashpor MC	2013-03-31	4	86,286,942	548,934
CCFID	2011	4	821,702	9,098
CDC	2006	1	1,353,987	7,355
CDOT	2011	4	1,379,812	10,089
Chaitanya	2013-03-31	5	5,859,739	27,001
CJWS	2006	1	60	1,195
CMM	2011	4	541,516	5,406
CMML	2012-12-31	4	1,272,787	4,431
CPSW	2006	1	330,042	6,400
CREED	2006	1	4,201	14,356
CReSA	2010	3	5,003,847	32,503
CSF	2006	1	704,931	6
Disha	2013-03-31	4	13,994,573	69,053
Disha Microfin	2011	4	7,992,049	43,926
EFSL	2006	1	1,666	5,876
Equitas	2013-03-31	5	209,037,400	1,344,349
ESAF	2013-03-31	4	77,339,427	406,998
FFSL	2013-03-31	4	37,612,697	179,620
Fusion Microfinance	2013-03-31	4	10,466,195	66,992
GFSPL	2013-03-31	4	96,517,876	346,519
GLOW	2011	4	684,692	4,296
GMSSS	2011	4	945,646	1,547
GOF	2012-09-30	4	4,577,823	38,256
Grama Siri	2006	1	1,575,531	22,604
Grama Vidiyal Microfinance Ltd.	2013-03-31	4	99,694,073	738,218
Grameen Sahara	2013-03-31	4	3,193,000	17,838
GSGSK	2009	1	4,118,754	34,833
GTFS	2009	1	288,873	1,825
GU	2011	4	7,418,588	48,578
GUARDIAN	2013-03-31	5	1,527,744	15,962
Guide	2004	1	364,853	7,382
HiH	2011	4	7,487,437	68,517
HMFIPL	2011	4	8,106,077	—
Humana India	2011	4	1,195,333	7,760
IASC	2006	1	4,326,887	14,813
ICNW	2013-03-31	4	2,560,041	208,372
IDF Financial Services	2011	4	10,690,186	143,470
IFMR Rural Channels	2012-09-30	3	9,901,908	37,647
IMED	2000	1	112,627	2,846
IMPACT	2011	4	1,185,778	6,926
India's Capital Trust Ltd	2010	4	3,824,930	36,934
Indur MACS	2011	4	3,099,592	13,903
IRCED	2013-03-31	4	521,324	2,075
IWB	2006	1	1,739,985	12,900
Jagaran MF	2011	1	6,681,182	64,863
Janodaya	2010	3	1,243,070	8,255
JFSL	2009	1	7,792,279	93,036
JFSPL	2013-03-31	4	175,619,316	695,974
KBSLAB	2013-03-31	4	17,651,076	57,061
KCIPL	2012-12-31	4	2,279,963	19,036
KMUCBL	2011	4	285,332	572
KOPSA	2009	1	206,022	1,284
Kotalipara	2011	4	5,511,273	58,626
KRUSHI	2008	1	4,892,976	33,158
L&T Finance	2012-12-31	3	67,751,670	622,775
LBT	2013-03-31	4	555,441	4,667
LEAD	2006	1	375,286	8,425
Mahasemam	2011	4	9,745,233	93,220
Mahashakti	2013-03-31	4	883,215	4,401
MCM	2011	4	696,858	4,051
Mimo Finance	2012-12-31	4	2,147,159	16,642
MMFL	2013-03-31	4	27,919,047	175,545
MSPS	2006	1	78,655	496
Muthoot	2013-03-31	4	60,226,730	405,697
Nano	2010	4	3,002,388	—
NBJK	2012-12-31	4	1,476,678	8,395
NCS	2012-12-31	4	103,791	1,602
NDFS	2007	1	2,333,814	13,012
NEED	2011	4	3,453,978	26,781
Need To India	2003	1	2,422	367
Nidan	2009	1	217,895	1,660
Nightingale	2012-12-31	4	2,174,088	17,375
Nirmaan Bharati	2007	1	6,384,973	45,317
ODC	2006	1	129,617	2,744
PADACU	2007	1	40,036	198
PF	2006	1	355,357	5,426
PMS Indore	2006	1	121,817	1,096
PRAYAS	2013-03-31	5	2,085,859	14,812
PSS	2006	1	3,992,432	22,121
Pustikar	2011	4	19,645,169	8,376
PWMACS	2011	4	3,793,491	12,388
RASS	2010	4	12,179,135	59,936
Repco Bank	2011	3	34,004,148	11,310
RGVN(NE)	2012-12-31	4	19,314,897	153,476
RISE	2011	4	237,073	1,673
RORES	2010	4	30,528	41
RORS	2011	4	1,425,929	5,821
RSN	2006	1	345,098	3,272
Saadhana	2010	3	11,824,324	72,722
Sahara Utsarga	2012-12-31	4	9,241,445	75,309
Sahayata	2012-12-31	4	5,637,683	81,109
Saija	2013-03-31	4	4,528,712	30,489
Samasta	2013-03-31	4	8,666,012	51,351
Samrudhi MicroFin	2006	1	28,645	380
Sanchetna	2011	4	467,734	3,876
Sangamam	2007	1	1,145,488	17,384
Sanghamithra	2011	4	18,132,374	120,994
Sanghatitha	2006	1	362,468	12,600
Sanginee	2006	1	268,410	4,179
Sarala	2013-03-31	5	5,878,058	76,755
Sarvodaya Nano Finance	2013-03-31	4	7,007,271	115,645
SCDS	2013-03-31	4	6,026,936	45,552
SCNL	2013-03-31	4	106,857,930	487,639
Seba Rahara	2011	4	1,160,403	9,763
SEIL	2012-09-30	4	154,153,264	162,272
SEVA Microfoundation	2004	1	131,934	11,612
SEWA Bank	2011	4	11,052,235	23,362
SEWA MACTS	2010	1	2,297,749	—
SHARE	2012-12-31	4	548,370,536	1,929,421
Share MACTS	2010	1	2,367,666	—
SIFFS	2006	1	513,891	—
SKDRDP	2013-03-31	4	383,576,928	2,314,075
SKS	2013-03-31	4	434,599,326	4,308,301
SMGBK	2011	4	2,125,336	19,244
SMILE	2013-03-31	4	55,584,782	360,271
SMPL	2012-12-31	4	2,560,043	—
SMS	2006	1	3,752,671	39,577
SMSS	2011	4	3,689,833	25,201
Sonata	2013-03-31	4	33,482,177	191,594
Spandana	2013-03-31	4	529,253,898	3,404,032
SPED	2006	1	6,281	1,400
SSD	2011	4	634,432	3,583
SSK	2009	1	824,207	8,385
SU	2011	4	3,362,170	37,075
Suryoday	2013-03-31	4	28,071,647	156,204
SVCL	2013-03-31	4	18,441,191	118,217
SVSDF	2010	4	2,630,165	16,626
Swabhimaan	2008	1	60,452	867
Swadhaar	2013-03-31	4	21,220,081	96,600
SWAWS	2013-03-31	4	14,561,424	109,977
Swayamshree Micro Credit Services	2012-12-31	4	5,095,836	3,172
SWC	2001	1	271,094	2,331
TBF	2012-12-31	1	576,053	8,387
TCT	2004	1	931,712	9,623
TMS	2011	3	82,878	2,485
Trident Microfinance	2013-03-31	4	—	193,972
UFSPL	2011	5	1,400,196	16,673
Ujjivan	2013-03-31	5	—	1,006,052
Utkarsh	2013-03-31	5	—	198,181
VCCL	2006	1	2,611,436	6,208
VFPL	2011-06-30	4	1,058,344	10,591
VFS	2013-03-31	4	20,243,546	165,479
Vikas Samiti	2006	1	14,360	152
VSS	2005	1	217,577	11,071
VSSU	2012-03-31	1	789,942	4,683
WSDS	2013-03-31	4	611,874	2,913
WSE	2011	4	5,036,747	44,527
YFS	2013-03-31	4	482,153	2,919
YMF	2013-03-31	4	2,131,566	9,186

Funders

Funders (28)

Name	Website	# of Related MFIs	Related MFIs
Aavishkaar Goodwell	www.aavishkaargoodwell.com	1	SHARE
BASIX-Holding Company		1	BASIX
Bellwether	www.bellwetherfund.com	1	Arohan
Citi Foundation	www.citifoundation.com	1	FWWBI
Consorzio Etimos	www.etimos.it	1	AID India
CORDAID	www.cordaid.nl	6	ASP BWDA BWDA Finance Bandhan FWWBI NDFS
Dignity Fund, L.P.	www.dignityfund.com	2	Adhikar Grama Vidiyal Microfinance Ltd.
Elevar Equity II	www.elevarequity.com	1	Ujjivan
Hivos	www.hivos.nl	1	GFSPL
Hivos-Triodos Fund	www.triodos.com/...	1	BASIX
Incofin - Impulse	www.incofin.be	1	GFSPL
Incofin - Rural Impulse Fund	www.incofin.be/...	1	Asomi
Legatum Ventures	www.legatum.com	1	SHARE
Lok Capital	www.lokcapital.com	5	Arohan Asirvad SCNL Spandana Ujjivan
MicroVentures Italy	www.micro-ventures.eu	2	Equitas Sahayata
MicroVest I	www.microvestfund.com	1	Swadhaar
NABARD	www.nabard.org	2	Mahashakti YSSS
Oikocredit	www.oikocredit.org	29	ADARSHA ASA India Adhikar Anisha Microfin BISWA Bandhan CReSA ESAF Equitas FFSL GLOW GOF GU Mahashakti Mimo Finance NEED SEVA Microfoundation SHARE SMILE SMSS SWAWS Saadhana Sahara Utsarga Sarala Shalom Spandana Sulaxmi Trident Microfinance Ujjivan
Oxfam Novib Fund	www.triplejump.eu	1	BISWA
Rabobank Foundation	www.rabobankfoundation.nl	1	FWWBI
Rural Impulse Fund II		2	Fusion Microfinance HMFIPL
Sequoia Capital	www.sequoiacapital.com	1	Ujjivan
ShoreCap Intl.	www.shorecap.net	2	BASIX SCNL
SIDBI	www.sidbi.in	118	AML Adhikar Ajiwika Annapurna Mahila Credit Co-op Society Arman Financial services Pvt Ltd Arohan Asirvad Asomi BASIX BJS BMC BMVS BSS BWDA Finance Bandhan CCEDCS CCFID CDOT CMM CMML Cashpor MC Community Development Centre Disha EFL Equitas FFSL FWWBI GFSPL GLOW GMSSS GOF GSGSK Grama Siri Gramin HDC HMFIPL HiH Humana India IDF IRCED Indur MACS Ishara JFSPL Janodaya KBSLAB KMUCBL LBT LHWRF MASFSL MCM MDS MFSL MITR MMFL Mahashakti Mimo Finance NBJK NCS NDFS NEED NERFS Nano Navchetna Nightingale Nirmaan Bharati PJAC PMACCMF PRAYAS PREDS PWMACS Pahal Pustikar RASS RGVN(NE) RORES RORS Rashtriya GVN Repco Bank SCDS SCNL SEIL SEWA SHARE SIFFS SKDRDP SKS SMGBK SMILE SMPL SMSS SMVP SSD SSK SU Sahara Utsarga Sahayata Saija Sanghamithra Sanginee Sarala Seba Rahara Sevashram Shalom Share MACTS Sonata Spandana Sulaxmi Swayamshree Micro Credit Services TMN TMS TMVMACTSL Trident Microfinance Ujjivan VFS VSSU WSDS WTP YMF
Triodos Fair Share Fund	www.triodos.com/...	1	BASIX
Triodos Microfinance Fund	www.triodos.com/...	1	BASIX
Unitus Equity Fund I	www.elevarequity.com	4	Grama Vidiyal Microfinance Ltd. SKS Swadhaar Ujjivan
Vision Fund	www.visionfundinternational.org	1	IMPACT

Networks

Networks (15)

Name	Website	Headquarter Country	# of Related MFIs	Related MFIs
ACCESS Development		India	4	CCFID Mahashakti SMGBK YSSS
ACCION	www.accion.org	United States	1	Saija
AKMI	akmi.in	India	2	GFSPL Ujjivan
CASHPOR	www.cashpor.org (under construction)	Malaysia	1	Cashpor MC
Freedom from Hunger	www.ffhtechnical.org	United States	1	Bandhan
Grameen Foundation	www.grameenfoundation.org	United States	7	Asomi Cashpor MC ESAF GFSPL SHARE SKS Sonata
MFIN	www.mfinindia.org	India	48	AML AMPL ASA India Arman Financial services Pvt Ltd Arohan Asirvad Asomi BASIX Bandhan Belstar CReSA Chaitanya Disha Microfin ESAF Equitas FFSL Fusion Microfinance GFSPL GOF Grama Vidiyal Microfinance Ltd. JFSPL KCIPL L&T Finance M-power MMFL Mimo Finance Muthoot Nano SCNL SHARE SKS SMILE SVCL SWAWS Sahayata Saija Samasta Sarvodaya Nano Finance Shalom Sonata Spandana Suryoday Swadhaar Trident Microfinance Ujjivan Utkarsh VFS
MFN	www.mfnetwork.org	United States	2	SHARE SKS
Opportunity International	www.opportunity.org	United States	2	GOF TBF
SA-DHAN	www.sa-dhan.net	India	49	AAMBA ADARSA AID AML AMMACTS Arohan BIRDS BISWA BSS BWDA BWDA Finance Bandhan Bodhana CReSA Cashpor MC GFSPL GU Grama Siri Grama Vidiyal Microfinance Ltd. Guide IASC Janodaya Kotalipara LEAD Mahasemam Mahashakti Mimo Finance NEED PSS PWMACS Pustikar RGVN(NE) SCNL SEVA Microfoundation SHARE SKS SMGBK SMSS SVSDF SWAWS Saadhana Samrudhi MicroFin Sanghamithra Sarvodaya Nano Finance Spandana TCT Trident Microfinance Ujjivan VFS
SAMN	www.samn.eu	India	1	Mahashakti
SEEP	www.seepnetwork.org	United States	1	Asomi
Unitus	www.unitus.com	United States	11	Adhikar Ajiwika BSS Bandhan Equitas GFSPL Grama Vidiyal Microfinance Ltd. Mimo Finance SKS Swadhaar Ujjivan
Vision Fund	www.visionfundinternational.org	United States	1	IMPACT
WWB	www.swwb.org	United States	4	SEWA Bank SHARE Spandana Ujjivan

Service Providers

Service Providers (21)

Name	Website	Institution Type	# of Related MFIs	Related MFIs
Ananya	ananyafinance.com	Private Corporation	3	Mahashakti SMGBK YSSS
Apt Source	www.aptsource.in	Private Corporation	2	HiH Sarvodaya Nano Finance
CARE	www.care.org	NGO	2	BWDC CCFID
CORDAID	www.cordaid.nl	NGO	6	ASP BWDA BWDA Finance Bandhan FWWBI NDFS
Craft Silicon	www.craftsilicon.com	Technology Provider	6	AML JFSL Shalom Sonata Swadhaar Ujjivan
Crisil	www.crisil.com	Rater	27	AML AWS Arohan BASIX BISWA BSS Bandhan CReSA Cashpor MC Equitas GFSPL GU Grama Vidiyal Microfinance Ltd. IASC Mahashakti NEED PF RASS SHARE SKDRDP SMGBK SWC Samasta Spandana Ujjivan VFS WSE
Crystal Clear Software, Ltd.	www.loanperformer.com	Technology Provider	2	Annapurna Mahila Credit Co-op Society Swabhimaan
FAO-GTZ MicroBanking System	www.mbwin.net	Technology Provider	1	AML
Gradatim	gradatim.co.in	Technology Provider	4	Arman Financial services Pvt Ltd Bazaari Global Finance CReSA VCCL
Kredits	www.kredits.com	Technology Provider	1	BSS
M-CRIL	www.m-cril.com	Rater	57	ABCRDM ADARSA AID AML AMMACTS ASP ASSIST Arohan BIRDS BISWA BSS BWDA BWDA Finance Bandhan Bazaari Global Finance Bodhana CReSA Cashpor MC Disha GFSPL GU Grama Siri Grama Vidiyal Microfinance Ltd. JFSPL KOPSA Kotalipara LEAD MMFL Mahasemam Mimo Finance NBJK NDFS NEED Nidan Nirmaan Bharati PWMACS Pustikar RASS RGVN(NE) SEVA Microfoundation SEWA Bank SHARE SKS SMS SMSS SU SWAWS Saadhana Sanghamithra Sarvodaya Nano Finance Share MACTS Sonata Spandana TCT VCD VFS VSS
MicroSave	www.microsave.org	Private Corporation	2	BMC Mimo Finance
Mifos	www.mifos.org	Technology Provider	5	Adhikar Asomi GFSPL NCS RISE
Octopus Microfinance	www.octopusnetwork.org	Technology Provider	1	BWDC
Planet Rating	www.planetrating.com	Rater	2	MDMSB SWC
PlaNIS	www.planis.org	Fund Manager	1	Mimo Finance
Sathguru	www.sathguru.com	Technology Provider	2	BASIX Sarvodaya Nano Finance
Sigma Data & Computers	www.sigmadc.com	Technology Provider	4	ASSIST AWS Arth NEED
Smart Campaign	www.smartcampaign.org	NGO	5	Arohan BWDA Finance GLOW Suryoday UFSPL
Snowwood Infocom Technologies Pvt Ltd.	www.snowwood.com	Technology Provider	4	Asirvad HiH Janodaya Samasta
Swadhaar FinAccess	www.swadhaar.com/...	Academic / Research	1	Swadhaar