Muthoottu Mini,
Vincent Road, salem
Gold Loan and Micro Finance Branch in Vincent Road, salem, tamil nadu
INRhttps://branches.muthoottumini.com/muthoottu-mini/branch-in-salem/branch-in-vincent-road/muthoottu-mini-in-vincent-road-salem--89e596b4-1570-4943-bad6-df8e294ef980/products/top-financial-services-near-me-in-vincent-road-salemMuthoottu Mini
No 29/12 Srirengapalayam Main Road, VincentVincent Road,
salem636007
No 29/12 Srirengapalayam Main Road, Vincent, Nearby KGN Powers, Vincent Road, salem, tamil nadu - 636007
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.Fix0