Midland Microfin Limited

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Why Midland Microfin Limited is a Great Place To Work

Midland Microfin Limited (MML) is a pioneering Punjab-based Microfinance Institution (MFI) headquartered in Jalandhar, Punjab. Since its establishment in January 2011, MML, registered as an NBFC MFI with the Reserve Bank of India, has focused on empowering women through Small Business Loans, operating in 12 states and 2 Union Territories. As of September 30, 2023, MML boasts 417 branches and regional offices strategically located for operational efficiency.MML promotes female entrepreneurship by providing working capital loans to economically active women at the grassroots level. These loans support diverse micro-enterprises, such as kiryana stores, repair shops, beauty parlors, and more. The institution utilizes a Joint Liability Group (JLG) lending model, forming groups of five women who mutually guarantee timely loan repayment, fostering credit discipline and efficient recovery mechanisms.

COMPANY SIZE

4109 India - based Employees

INDUSTRY

Financial Services & Insurance

HQ LOCATION

Jalandhar

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