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Crossed the milestone of serving over one million members with loan portfolio of Rs.707 crore, recording a growth of over 100% in the last fiscal year.
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Blue Orchard Private Equity closed its first direct equity investment in India taking a minority stake in Asmitha
CRISIL has awarded
‘mfR2’
grading for Asmitha in Nov-2008
Ranked 29th best among top 50 MFIs in the World by Forbes magazine
Launched VLE loans for setting up common service centers in collaboration with Reliance Capital & Reliance Communications LTD
Completed Portfolio buyout transactions with ICICI, HDFC & DCB Banks
Expansion of operations to Bihar, Gujarath, Goa, Jharkhand,West Bengal,Uttar Pradesh,Madhya Pradesh,Tamilnadu & Rajasthan
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Email:aml@asmithamicrofin.com