Asirvad Micro Finance Limited | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Asirvad Micro Finance Limited
Overview
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.
Basic Information
| Industry | financial services |
|---|---|
| Founded | 2007 |
| Revenue | 327.7M |
| Headquarters | valapad, Kerala 680567, India |
| Parent Organization | Manappuram Finance Limited |
Contact Details
- Phone: +91 44352 98100
- Website: asirvadmicrofinance.co.in
- LinkedIn: linkedin.com/company/asirvad-micro-finance-limited
Key Focus Areas & Initiatives
- Providing microfinance services to economically disadvantaged women in rural and underserved areas
- Promoting financial inclusion and entrepreneurship among low-income women
- Operating under the Joint Liability Group (JLG) model for mutual accountability
- Supporting women entrepreneurs and self-help groups across India
- Expanding outreach in 267+ districts across 19-22 states/UTs
Community
