First Microfinance Institution
of the Region
04:07 PM Wednesday, 29 March 2023
1800 137 0600
Toll Free
* 9:00 AM to 5:30 PM
First Microfinance Institution of the Region
1800 137 0600 Toll Free * 9:00 AM to 5:30 PM
- Annual Report 2021-22
- MML’s Helpdesk Number 1800-137-9600
- SMERA has assigned MFI grading of ‘M1C1’ to Midland Microfin Ltd. in Dec’22
Midland Microfin Ltd. completes 11 years of operations in January’ 2022
Midland Microfin Limited has been certified with a prestigious certification – Great Place to Work
Courage
Respect
Responsibility
Commitment
Achievement
Events
9th Establishment Day Celebration - 2019-20
Chairman’s Club 2019-20 -"Malaysia, Truly Asia"
Happy Diwali - 2019
Teej Celebration - 2019
Go Green - 2019
Flood Relief Camp - 2019
Women Hygiene Camp - 2019
Managerial Effectiveness Training By LPU - 2019
Christmas Celebration - 2019
Sun king Torch Launch - 2019
Milestones
Cumulative Disbursement (As on Nov 30, 2022)
INR 62,90,59,97,177
Customer Base
6,28,870
Total Branches
326
Loan End Use Verification
100%
Events
9th Establishment Day Celebration - 2019-20
Chairman’s Club 2019-20 -"Malaysia, Truly Asia"
Happy Diwali - 2019
Teej Celebration - 2019
Go Green - 2019
Flood Relief Camp - 2019
Women Hygiene Camp - 2019
Managerial Effectiveness Training By LPU - 2019
Christmas Celebration - 2019
Sun king Torch Launch - 2019
Milestones
Cumulative Disbursement (As on Nov 30, 2022)
INR 62,90,59,97,177
Customer Base
6,28,870
Total Branches
326
Loan End Use Verification
100%
Minimum Lending Rate
25.50%
Maximum Lending Rate
28%
Average Lending Rate
25.04%
Last Quarter ending September 2022
Minimum Lending Rate
25.50%
Maximum Lending Rate
28%
Average Lending Rate
25.04%
Last Quarter ending September 2022
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CPP R & R : -
Swachta Evam Swasthya Jagrukta Abhiyaan (PAN India) : 2022 -
Indore Branch Opening : 3 Dec 22 -
Jammu & Kashmir Inaugural Ceremony : Nov 2022 -
First Disbursement at Khurda Branch – Odisha : Dec 2022 -
Diwali Celebration 2022 : -
Shri Sukhmani Sahib Path: Oct 2022 -
Credit R & R : -
9th Establishment Day Celebration – 2019-20 -
Chairman’s club 2022 – PHUKET
"Microfinance is an economic development tool whose objective is to assist the poor to work their way out of poverty. It covers a range of services, which include, in addition to the provision of credit, many other services such as savings, insurance, money transfers, counseling etc".
This definition of microfinance is given by Malegam Committee – Sub-Committee of the Central Board of Directors, Reserve Bank of India which was formed to Study Issues and Concerns in the Microfinance Sector.
"Microfinance is an economic development tool whose objective is to assist the poor to work their way out of poverty. It covers a range of services, which include, in addition to the provision of credit, many other services such as savings, insurance, money transfers, counseling etc".
This definition of microfinance is given by Malegam Committee – Sub-Committee of the Central Board of Directors, Reserve Bank of India which was formed to Study Issues and Concerns in the Microfinance Sector.
© Midland Microfin Limited
