To encourage micro enterprise as source of sustainable livelihood, with special emphasis on women by providing large scale access to financial services with the help of technology.
To work for financial and social empowerment of women.
To spread the outreach on the domestic grounds to the poorest of the poor by 2014
and then to extend the services to nearby countries 2015 onwards.
Business Loan
To provide economically active women an opportunity to support their micro-enterprises. The borrowers ...
New Business Loan
To promote entrepreneurship amongst the
progressive poor and in order to support the ...
Mid Term Loan
For existing members who have completed minimum
six months of business loan/new business loan ...
▪ Sensitization ▪ Introduction Meeting
▪ Group Formation Meeting ▪ Mandatory Group Trainings
▪ Field Investigation ▪ Group Eligibility Test
▪ Sanctioning ▪ Disbursement
▪ Collection of Instalments ▪ End Use Verification (EUV)
▪ Loan Monitoring Mechanism
According to a latest report by ‘Intellecap’, an independent industry research firm ;
The Indian micro finance industry would cross 11 crore borrowers and Rs 135,000 crore
($30 billion) in loan portfolio by 2014 and will require a huge ...
Midland Group, a Punjab based group has ventured into Microfinance segment through a formal Micro Finance Institution (MFI). The group is engaged into Asset Finance Business for the last more than 30 years. Presently the group includes five Profit making Asset Finance Companies registered with RBI.
The group having established credibility in Banking and Finance in Punjab State through its various prestigious ventures, like Capital Local Area Bank Ltd. (www.capitalbank.co.in) and Real estate development business now plans to expand and invest in more socially responsible institution geared towards poverty alleviation offering an attractive risk-return profile at the same time.
Midland Microfin Ltd.
5th Floor, Midland Financial Centre
21-22, G.T. Road, Jalandhar - 144 001
Punjab, INDIA