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    Home»MICROFINANCE REPORTS

    Top Microfinance Companies in India 2014 – 2015 List

    By Sushma SinghUpdated:August 8, 2020
    top-microfinance-institutions-2014
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    After a gap of more than five years, CRISIL – India’s leading agency for microfinance ratings has released it’s updated list of the top microfinance companies in India titled “India’s 25 Leading MFI’s“ for the years 2014 – 2015.

    The previous ranking of Microfinance Institutions was released in 2009 and was titled India’s Top 50 Microfinance Institutions.

    CRISIL has been associated with the Indian Microfinance Sector for more than a decade and its ratings and reports about MFI’s and the sector are highly valued by microfinance practitioners, analysts, and the general public. As of June 2014, CRISIL has ratings or gradings outstanding on more than 60 Indian MFI’s which account for more than 70% of the loans outstanding in the Indian Microfinance Sector.

    Since the last report was released, the microfinance sector in India has been turned upside down with many of the top MFI’s from the 2009 list missing from the 2014 list, these are mainly MFI’s based in the state of Andhra Pradesh who bore the brunt of the Indian Microfinance Crisis and no longer figure in the top 25.

    The publication also carries an opinion piece by CRISIL on the near to medium-term outlook for the microfinance sector in India. The report also includes an overview of the top 25 companies in Indian MFI space along with CRISIL’s analysis of the key strengths and challenges faced by the different microfinance institutions in India.

    The report ends with a list of top 25 emerging microfinance companies in India who still have a small asset base and portfolio compared to the top 25 but could scale up in the long run to join the league of big MFI’s.

    top-microfinance-institutions-2014

    TOP 25 MICROFINANCE INSTITUTIONS IN INDIA 2014

    Download the full report “India’s 25 leading MFI’s” at the link below:

    Top-microfinance-companies-india-2015.pdf

    As per the report, the top 25 Microfinance Companies in India are as follows.

    1. Annapurna Microfinance Pvt Ltd
    2. Arohan Financial Services Pvt Ltd
    3. Asirvad Microfinance Pvt Ltd
    4. Bandhan Financial Services Pvt Ltd
    5. BSS Microfinance Pvt Ltd
    6. Cashpor Micro Credit
    7. Disha Microfin Pvt Ltd
    8. Equitas Microfinance Pvt Ltd
    9. ESAF Microfinance and Investments Pvt Ltd
    10. Fusion Microfinance Pvt Ltd
    11. Grama Vidiyal Micro Finance Ltd
    12. Grameen Financial Services Pvt Ltd
    13. Janalakshmi Financial Services Pvt Ltd
    14. Madura Micro Finance Ltd
    15. RGVN (North East) Microfinance Limited
    16. Satin Creditcare Network Ltd
    17. Shree Kshetra Dharmasthala Rural Development Project
    18. SKS Microfinance Ltd
    19. S.M.I.L.E Microfinance Ltd
    20. Sonata Finance Pvt Ltd
    21. Suryoday Micro Finance Pvt Ltd
    22. SV Creditline Pvt Ltd
    23. Swadhaar FinServe Pvt Ltd
    24. Ujjivan Financial Services Pvt Ltd
    25. Utkarsh Micro Finance Pvt Ltd

    OTHER EMERGING NEW MFI’S IN INDIA

    Watch out for these MFI’s in the coming days as they go head-on with the big boys of India’s Microfinance Sector.

    1. Adhikar Microfinance Pvt Ltd
    2. ASA International India Pvt Ltd
    3. Belstar Investment & Finance Pvt Ltd
    4. Chaitanya India Fin Credit Pvt Ltd
    5. Future Financial Services Ltd
    6. Growing Opportunity Finance (India) Pvt Ltd
    7. Humana People to People India
    8. IDF Financial Services Pvt Ltd
    9. Indian Cooperative Network for Women Ltd
    10. M Power Micro Finance Pvt Ltd
    11. Mahasemam Trust
    12. Margdarshak Financial Services Ltd
    13. Pahal Financial Services Pvt Ltd
    14. Rashtriya Seva Samithi
    15. Sahara Utsarga Welfare Society
    16. Sahayog Microfinance Ltd
    17. Saija Finance Pvt Ltd
    18. Samhita Community Development Services
    19. Sanghamitra Rural Financial Services
    20. Sarala Women Welfare Society
    21. Shikhar Microfinance Pvt Ltd
    22. Uttrayan Financial Services Pvt Ltd
    23. Vedika Credit Capital Ltd
    24. Village Financial Services Pvt Ltd
    25. YVU Financial Services Pvt Ltd
    annapurna microfinance arohan financial services asirvad microfinance bandhan financial services bss microfinance cashpor micro credit disha microfin equitas microfinance esaf microfinance and investments fusion microfinance grama vidiyal micro finance grameen financial services janalakshmi financial services madura micro finance north east microfinance satin creditcare network skdrdp sks microfinance smile microfinance sonata finance suryoday micro finance sv creditline swadhaar finserve top mfi list india top microfinance companies in india 2014 top microfinance institutions top microfinance institutions india ujjivan financial services utkarsh micro finance
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    sushma
    Sushma Singh

    Sushma is a financial expert and online entrepreneur. With years of experience in personal finance and business management, she is dedicated to empowering individuals to take control of their finances and make smart investment decisions. Through Moneymint's website, she provides insightful tips, strategies and resources to help individuals grow their wealth and achieve financial stability. Join Sushma on the journey to financial freedom today!

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