Asirvad Micro Finance Limited | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Asirvad Micro Finance Limited is a non-banking financial company based in Chennai, Tamil Nadu, India.
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Asirvad Micro Finance Limited is a non-banking financial company based in Chennai, Tamil Nadu, India. Founded in 2007, it specializes in providing microfinance services to economically disadvantaged women in rural and underserved areas. The company operates under the Joint Liability Group (JLG) model, which encourages mutual accountability among borrowers to reduce credit risk and promote community support.
It has expanded its reach across more than 267 districts in 19-22 states and union territories, focusing on financial inclusion and empowering low-income women to start or grow small businesses. As a subsidiary of Manappuram Finance Limited, the company has developed a strong loan portfolio and has observed significant growth in recent years. With over 6 lakh active members, it primarily supports women entrepreneurs and self-help groups.
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