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    Home»Microfinance

    Madura Microfinance

    ADITYABy ADITYAJune 8, 2023 Microfinance
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    Incorporated in 2006, Madura Micro Finance Ltd (Madura) commenced its microfinance business in late 2006 by extending loans to self-help groups promoted by Micro Credit Foundation of India.

    Madura Microfinance

    The company operates in the rural areas of Tamil Nadu and Puducherry; Madura had nearly 2 lakh borrowers and a loan portfolio of Rs.175 crore as on September 30, 2013.

    Madura Microfinance

    Performance on key parameters

    • Loan portfolio grew to Rs.151 crore as on March 31, 2013, from Rs.106 crore as on March 31, 2012, a year-on-year growth of around 42 percent, after a brief period of consolidation. The company’s ability to maintain growth rate and market share over the medium term will be critical
    • 30+ dpd has stabilized at less than 1 percent after increasing following the Andhra Pradesh crisis
    • Has relationships with more than 15 lenders as on March 31, 2013; also raises funds through securitization on a regular basis
    • Adequately capitalized for the current and planned scale of operations, with a net worth of Rs.61 crore and gearing of 1.9 times as on March 31, 2013
    • Profitability is above the industry average, with a return on managed assets of 3.5 percent during 2012-13. Profitability is supported by low operating expense

    MADURA MICROFINANCE DATA

    Capitalization, Profitability, Portfolio size and growth of Madura Microfinance over the last three years.

    Madura Microfinance

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    ADITYA

      Aditya is a talented content writer with a passion for crafting engaging and informative content that resonates with readers. With 10 years of experience in the industry, he has honed his writing skills to produce high-quality content across a wide range of topics.

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