Asirvad Microfinance Limited - Official Page
Entity

  • Asirvad Microfinance Limited - Official Page

    Created in 2007
  • BETA

    Trend leader (A+)
    Existing signals make this entity one of the most dynamic startups

  • Social networks

    299 6,612

  • Entity types

    Incubators & VCs

  • Location

    Lemuir Building, Gopathi Narayanaswami Chetty Rd, Gangai Karai Puram, T. Nagar, Chennai, Tamil Nadu 600017, India

    Chennai

    India

  • Employees

    Scale: 5001-10000

    Estimated: 1,463

  • Engaged corporates

    0
    0 0

  • Added in Motherbase

    2 years, 5 months ago
Description
  • Value proposition

    Small Loans...Big Dreams...

    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.

    Microfinance

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