Sunday, March 16, 2014

Microfinance industry reviving fast

Signs of Revival

  • 30% Industry gross loan portfolio growth in Q2 FY14 over Q2 FY13
  • 54% Portfolio growth of MFIs other than CDR MFIs
  • 300% Growth of funding to the industry in Q2 FY14 over Q1 FY14
  • 50% Rise in total loan disbursal compared to Q2 FY12
  • Lending rises significantly in states such as Uttarakhand, Rajasthan, Punjab and UP

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