ML
Midland Microfin Limited
Non-Banking Financial Company (NBFC)
Issuer Summary
Rated A-
By ARRL
2540+ cr
of AUM
Key highlights
Women-Centric Microfinance: Primarily empowers women through Joint Liability Group (JLG) loans, fostering self-reliance and entrepreneurship in underserved communities. Rated for Financial Resilience: Holds an Acuite A-, reflecting adequate capital and diversified funding despite some asset quality challenges. Strategic Capitalization and Funding Diversity: The company has consistently strengthened its capital base through regular infusions from promoters and investors like Kitara Capital and ICICI Bank, maintaining a diversified funding profile from over 40 lenders despite moderating gearing
Key Leaders and Motto
AS
Amardeep Singh Samra
Managing Director & CEO
Vision: To be a leading microfinance institution fostering financial inclusion and socio-economic development across India. Mission: To empower underserved communities, particularly women, by providing accessible and affordable financial products and services, promoting self-reliance and entrepreneurship.
Contact and other details
Pan
Cin
U65921PB1988PLC008430
Email
info@midlandmicrofin.com
Address
THE AXIS, PLOT NO.1, G.T ROAD, JALANDHAR PUNJAB 144001
Founded In
2011