Muthoottu Mini

Muthoottu Mini, Second Agraharam, salem Gold Loan and Micro Finance Branch in Second Agraharam, salem, tamil nadu

Muthoottu Mini Muthoottu Mini INR Muthoottu Mini
No 89/43, First Floor, Rasi Plaza Second Agraharam, salem 636001

No 89/43, First Floor, Rasi Plaza, Opposite Pattakovil Bus Stop, Second Agraharam, salem, tamil nadu - 636001

1 reviews (5) 15
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04272900420
Open Now Closes at 6:00 PM
Drive Direction Branch Locator

Muthoottu Mini Products in Second Agraharam, salem

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Gold Loan
Micro Finance

Micro Finance

79c029fb-092b-4ec8-8f14-84d7a770d8e0 Micro Finance
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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