Muthoot Microfin Limited
- Microfinance Arm of Muthoot Pappachan Group -
Muthoot Microfin Limited (MML), the microfin arm of Muthoot Pappachan Group is one of the leading and fast-growing microfin institutions (NBFC-MFI) in India. The company is focused on providing micro-loans to women entrepreneurs with a focus on rural regions of India.
Our microfin operations are designed to promote entrepreneurship among women and inclusive growth. We provide financial assistance through micro loans such as income generating loans to women engaged in small businesses. Delivering financial services to masses including underprivileged and disadvantaged people, living in the rural sectors of the Indian society at affordable terms, in quick turnaround time and with hassle-free processing is the aim of our financial inclusion drive.
We have adopted joint liability group model of microfin, which caters exclusively to women in lower income households and is premised on the fact that if such individuals are given access to credit, they will be able to identify new opportunities and supplement and grow their existing income.
We believe that the history of the Muthoot Pappachan Group in working with customers in the bottom of the economic pyramid, helps us better address the needs of our customers in rural households and design lending products to cater to their requirements. Our brand identity possesses an unwavering commitment to provide our clients with the support they need to improve their standard of living.
To be the most innovative and successful financial institution serving life cycle needs of the underserved.
To be the number one microfinance company by 2025, managing best portfolio quality, highest level of customer satisfaction and highest wallet share among our customers.