Asirvad Microfinance

 Asirvad Microfinance

About Asirvad Microfinance

About Asirvad Microfinance
Founded in
2007 (17 yrs old) Ownership
Private
India Employee count
10k-50k Global Employee count Suggest Headquarters Chennai,Tamil Nadu, India Office Locations
Chennai
CEO Suggest Founders
S V Raja Vaidyanathan Type of Company
Corporate
Nature of Business
B2C
Company Email ID Suggest Company Contact no. Suggest Social Media Presence Suggest Website
asirvadmicrofinance.co.in
Asirvad Microfinance Limited is an NBFc promoted by an IIT & IIM alumni Shri. S.V. Raja Vaidyanathan and his family members in the year 2007. It provides microfinance loans to women from poor and low-income household through its network of branches across 22 States in India.In February 2015, Manappuram acquired majority stakes and Asirvad is now a subsidiary company of the Gold Loan Company Manappuram Finance Ltd. The company has raised funds through term loans from Banks and leading NBFCs, listed NCDs and completed many securitization deals with Banks. Mission: “To organize groups of committed poor women and provide innovative financial services in a sustainable manner with a view to Alleviate poverty through viable income generation activities”
Vision: “To empower the members at the bottom of the pyramid by providing financial assistance”

Primary Industry

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its maximum revenue.

NBFC

(Financial Services)
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