Muthoottu Mini

Muthoottu Mini, Stone Housepet Circle, nellore Gold Loan and Micro Finance Branch in Stone Housepet Circle, nellore, andhra pradesh

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No 3/37/1, First Floor, Narayana Junior College Road, Lakshmipuram Thadikala Bazar Stone Housepet Circle, nellore 524002

No 3/37/1, First Floor, Narayana Junior College Road, Lakshmipuram Thadikala Bazar, Nearby Sri Varasiddi Vinayaka Swami Vari Alayam Temple, Stone Housepet Circle, nellore, andhra pradesh - 524002

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08612335966
Open Now Closes at 6:00 PM
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Muthoottu Mini Products in Stone Housepet Circle, nellore

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Gold Loan
Micro Finance

Micro Finance

79c029fb-092b-4ec8-8f14-84d7a770d8e0 Micro Finance
4.5 106
The Microfinance division was launched by Muthoott...
The Microfinance division was launched by Muthoottu Mini in 2016 with the aim of empowering women by providing financial independence. Using the Joint Liability Group (JLG) model, where members guarantee one another’s loans, we offer loans to support women’s entrepreneurial activity. In microfinance, individuals and small businesses that lack access to conventional banking and other services are targeted. Microfinance services are designed to reach excluded customers, usually lower segments of the population, possibly socially marginalized, or geographically more isolated, so that they can become self-sufficient. Microfinance aims to help individuals, low income households, small businesses and start-ups prosper as well as rebuild during times of crisis. People from economically backward communities can benefit from microfinance since it is easy to use and can make a positive difference in their lives. There are currently 86 branches all over Kerala with Assets Under Management (AUM) over 150 crores with 40,000 live clients. So far more than 1,00,000 loans were distributed to the women entrepreneurs since inception. Fix 0