ABOUT US
What we do?
Midland Microfin Ltd. plays a pivotal role in leveraging microfinance as a powerful instrument for alleviating poverty and promoting economic empowerment. Our organisation empowers rural women entrepreneurs through tailored financial solutions, fostering business growth and sustainability. We offer a comprehensive array of financial and non-financial services to support their micro-enterprises and enhance their quality of life.
Following a model akin to the ‘Grameen Model’, we utilise Joint Liability Groups (JLGs) for borrowers, ensuring accountability and mutual support among group members.
Midland Microfin stands out as a technology-driven microfinance institution, operating within a fully tech-enabled environment since its inception. This integration of technology enhances efficiency and effectiveness in serving our customers, significantly contributing to our impact in the microfinance sector.
Our Philosophy
At Midland Microfin Ltd., we are committed to empowering women entrepreneurs through tailored financing solutions and comprehensive microcredit programmes.
Our mission is to cultivate a nurturing environment where women-led enterprises can flourish, driving both economic growth and community development. By focusing on specialised financial services, our business model not only promotes economic empowerment but also fosters sustainable development, ensuring that women are at the forefront of economic progress. Through our dedicated support, we aim to transform aspirations into achievements, fostering a legacy of empowered and thriving communities.
The JLG Model
Midland Microfin adopts the ‘Grameen Model,’ using Joint Liability Groups (JLGs) of 3-7 women each for mutual support and timely loan repayments. Our technology-driven approach ensures efficient operations and robust monitoring, empowering women borrowers for responsible financial management.
Facilitated by Centre Officers, JLGs leverage peer pressure and social bonds for credit discipline, enabling risk-free lending. Our collateral-free model and focus on women borrowers drive economic empowerment and community upliftment, setting a benchmark for impact and efficiency in the Indian financial inclusion space.
Individual Loan
Midland Microfin Limited provides unsecured individual loans to its graduated and lateral microfinance borrowers to fulfil their needs related to working capital, replenishing inventory, expanding operational capabilities, boosting dairy farming business and other business-enhancing initiatives. Borrowers must have stable cash flow to ensure the timely repayment of the loan amount.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.
Financial Literacy Trainings
We offer training sessions on financial literacy to help customers develop effective money management skills.
Disbursement
Disbursing funds to
support the operation of their businesses.
Group Formation
Forming customer
groups of 5-10 women by
our field officers.
Group Appraisal
Following a detailed
application process to
shortlist potential
customers.
Repayments
Post disbursement,
following a robust
monitoring mechanism
to offer timely guidance
and ensure collection of
EMIs.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.
Identification
Conducting village/area surveys to identify eligible rural women customers who can benefit from loans.