Hindusthan Microfinance Pvt. Ltd. (HMPL), based in Mumbai, is a Non Banking Financial Company (NBFC) Microfinance Institution (MFI), which aims at offering credit and other financial products to the urban poor with its presence in Mumbai, Thane, Palghar, Pune & Nagpur, etc. While the NBFC is relatively new, the microfinance work in Mumbai is not new for the promoters, who have a good understanding of the needs of the poor and have been reaching out to them, albeit in a smaller scale.
|Indicator||April 2015||May 2015||June 2015|
|No of Borrower (Active Client)||15322||16947||17966|
|No of Client Disbursement||1820||1883||1649|
|Monthly Loan Disbursed||577,10,000.00||550,10,000.00||430,80,000.00|
|Loan O/S - Total Portfolio||2435,84,375.00||2714,91,693.00||2887,09,446.00|
|Average Loan Size||15,898.00||16,020.00||16,070.00|
|No of Staff||110||127||130|