MoneymintMoneymint
    • About
    • Bank
    • Blog
    • Business
    • Money
      • Credit Cards
      • Crypto
      • Investments
      • Tips
      • Review
    • Net Worth
    • Disclosure
      • DMCA
      • Terms and Conditions
      • Privacy Policy
    Subscribe
    MoneymintMoneymint
    Home»Microfinance

    Arohan Financial Services

    Sushma SinghBy Sushma SinghNovember 10, 2022 Microfinance
    Facebook Twitter LinkedIn Email
    Arohan Financial Services
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Arohan, a Kolkata-based company, began its microfinance programme in 2006. It was later acquired by IntelleCash Microfinance Network Company Pvt Ltd (IntelleCash) in September 2012 which holds a 56 per cent stake in Arohan. IntelleCash is a subsidiary of investment banking services and advisory firm, Intellectual Capital Advisory Services Pvt Ltd. Post-acquisition, the microfinance portfolio of IntelleCash was consolidated with Arohan.
    Arohan Financial Services

    AROHAN FINANCIAL SERVICES

    Arohan predominantly operates in West Bengal and Bihar, extending microfinance loans using the joint liability group model with monthly and weekly repayment options.

    The company had 63 branches with a loan portfolio outstanding of Rs.137 crore as on September 30, 2013.Performance on key parameters

    • Loan portfolio grew by 69 percent in 2012-13, after a brief period of consolidation post the Andhra
    • Pradesh crisis; most of the growth has happened following the takeover by IntelleCash in September 2012
    • 30+ dpd has declined sharply over the past 12 months and was nearly 1 percent as on April 30, 2013; this follows a sustained period of high delinquencies immediately after the Andhra Pradesh crisis
    • Has relationships with over 10 lenders comprising banks, NBFCs, and financial institutions for funding; also raises funds through securitization
    • Capitalization comfortable for medium-term growth plans; raised Rs.22 crore as capital in September 2013 after the first round of capital infusions by IntelleCash
    • Profitability remains modest, despite improvement. Ability to improve profitability as operations expand into low-income states like Uttar Pradesh, Jharkhand, Odisha, Chhattisgarh, and Madhya Pradesh will be critical

    Arohan Financial Indicators

    arohan-portfolio

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    sushma
    Sushma Singh

      Sushma is a seasoned business writer and content creator with over 7 years of experience in the field. She has a talent for taking complex topics and breaking them down into easily understandable language that engages and educates her readers. Her expertise allows her to cover a wide range of topics relevant to the B2B industry, providing business owners with the knowledge they need to make informed decisions and drive growth.

      Keep Reading
      micro-crisil

      Top 50 Microfinance Institutions in India

      mfi-savings

      Savings in Microfinance Institutions – Legal Framework

      disha-microfinance

      Disha Microfinance

      Latest Articles


      Personal Loan Pro Review
      October 4, 2023
      Pulkit Samrat Net Worth
      September 30, 2023
      Mohit Raina Net Worth
      September 30, 2023
      16 Best Ways of Global Investment from India
      September 29, 2023
      Mrunal Thakur Net Worth
      September 28, 2023
      Karanvir Bohra Net Worth
      September 28, 2023
      Recurring Transfer Meaning, Benefits and Set-up Guide
      September 27, 2023
      Sanjeev Kapoor Net Worth
      September 26, 2023
      Ishan Kishan Net Worth
      September 25, 2023
      Mohammed Siraj Net Worth
      September 26, 2023
      Moneymint
      Welcome to Moneymint.com, your go-to destination for navigating the intersection of business and money. Our platform offers insights, resources, and tools to help entrepreneurs and business owners navigate the financial landscape and achieve success.

      Our team is dedicated to providing you with proven advice and ideas from the best in the industry.
      Categories
      • Bank
      • Business
      • Credit Cards
      • Crypto
      • Loan
      • Money
      • Net Worth
      DISCLAIMER

      The information provided on this page is for informational purposes only. We encourage you to conduct your own research and due diligence on any entities named in this article. We are not affiliated with, endorsed by, or sponsored by any products, corporations, or their affiliates or subsidiaries. References to the mentioned apps/websites are dynamic in nature, and we shall strive to keep these updated. The numbers stated may differ from the actual numbers.

      © 2023 Framed Media
      • About
      • Contact us
      • DMCA
      • Terms
      • Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.