Muthoot Microfin Limited is a Non-Banking Finance Company-Micro Finance Institution (NBFC-MFI) registered with the Reserve Bank of India, operational since March 2015. It is a subsidiary of Muthoot Fincorp Limited, part of the Muthoot Pappachan Group (MPG). The company provides microfinance loans primarily through the Joint-Liability Group (JLG) Model under the brand name Muthoot Mahila Mitra (MMM). As of March 31, 2025, the company operates through 1,699 branches across 19 states in India, serving primarily women customers in rural and semi-urban areas.
Q1 disbursement dip seen as temporary; Q2 growth expected with new loans : Sadaf Sayeed, Muthoot Microfin
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44 weeks ago
This is a positive trend. Among customers with less leverage—either unique to us or with us plus one other trade line—the repayment track record is almost 97-98% on time. So, the guardrails have been quite helpful for the industry’s health and have had a positive impact, says Sadaf Sayeed, CEO, Muthoot Microfin.