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Welcome to Asirvad Microfinance Private Ltd. An MFI promoted by an IIT & IIM alumni with more than 2 decades of experience in India and other countries, has set itself an ambitious target of lending to a minimum of Rs. 1 Billion by 2011 to the people of urban and rural India. Headquartered at Chennai, the company aspires to develop and make use of innovative technology to deliver its services and enrich the community at large. The company is managed by young and energetic professionals with a strong commitment to bring this vision to reality.

VISION
"To empower at least one million families by 2013 by providing financial assistance"
Download Annual Report 2008 - 2009
Download Annual Report 2009 - 2010
LENDERS
PARTNERS & INSURANCE

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Asirvad Branches
PRODUCTS

Income Generation Program Loan

Loan given to poor women JLG members for doing a income generating activity. The loan shall be for 50 weeks and shall carry interest at 12%. The loan amount ranges from Rs. 5000 to Rs. 40,000.

IGP loans of Rs.5000/Rs.7500/Rs.10000/ Rs.15000 at 12% flat interest- repayable in a period of 1 year (50 weeks) are provided to poor Women members.

CLIENT TESTIMONIALS

Kaleswari (Flower Vendor)

"Being a single mother is really tough. I feel strong when I am able to make my own living. I dream of giving my children a life better than what I had."
OPERATIONAL INFORMATION



PRESS RELEASE

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