Midland Microfin

Midland Microfin Limited is a microfinance institution dedicated to empowering women and promoting financial inclusion. Operating primarily in India, the company provides a range of financial services including microloans, savings, insurance, and money transfers. Midland Microfin targets economically disadvantaged women, helping them to start and grow micro-enterprises as a means of sustainable livelihood. The company employs a Joint Liability Group (JLG) lending model, which allows small groups of women to co-guarantee each other's loans, thereby reducing the risk for both the lender and the borrower.

Midland Microfin's business model revolves around providing low-cost financial services using advanced technology to ensure efficiency and scalability. The company generates revenue through interest on loans and fees for additional services such as insurance and money transfers. By leveraging technology, Midland Microfin aims to minimize operational costs and pass on the benefits to its clients in the form of lower interest rates and better service.

The company has received positive ratings from Brickwork Ratings, reflecting its strong institutional framework and commitment to financial and social empowerment. With a vision to become a world-class, techno-savvy international microfinance institution, Midland Microfin continues to innovate and expand its services to better serve its clients.

Keywords: microfinance, women empowerment, financial inclusion, microloans, JLG model, sustainable livelihood, advanced technology, low-cost services, India, financial services.