List of Top Microfinance Companies in India

 
Following are the top 10 Microfinance companies in India:

SKS Microfinance Ltd (SKSMPL)

Name	SKS Microfinance Ltd
Headquarter	Secunderabad, Andhra Pradesh
Legal Status	Pvt. Ltd. Company (NBFC)
Lending Model	JLG
Number of Branches	1,413
Loan Outstanding (` Mn) (As on September 30, 2008)	18,227
Borrowers (As on September 30, 2008)	2,590,950
Net Worth (` Mn) (As on September 30, 2008)	2,395
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	23.40
OSS (%)(Apr 1-Sep 30, 2008)	126.49
Current Portfolio (%) (As on September 30, 2008)	99.14
Debt to Net Worth (Times) (As on September 30, 2008)	7.37

Spandana Sphoorty Financial Ltd (SSFL)

Name	Spandana Sphoorty Financial Ltd
Headquarter	Hyderabad, Andhra Pradesh
Legal Status	Public Ltd. Company (NBFC)
Lending Model	JLG, Individual
Number of Branches	696
Loan Outstanding (` Mn) (As on September 30, 2008)	11,987
Borrowers (As on September 30, 2008)	1,668,807
Net Worth (` Mn) (As on September 30, 2008)	1,225
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	27.43
OSS (%)(Apr 1-Sep 30, 2008)	132.02
Current Portfolio (%) (As on September 30, 2008)	98.88
Debt to Net Worth (Times) (As on September 30, 2008)	7.04

Share Microfin Limited (SML)

Name	Share Microfin Limited
Headquarter	Hyderabad, Andhra Pradesh
Legal Status	Public Ltd. Company (NBFC)
Lending Model	JLG, Individual
Number of Branches	666
Loan Outstanding (` Mn) (As on September 30, 2008)	8,568
Borrowers (As on September 30, 2008)	1,231,556
Net Worth (` Mn) (As on September 30, 2008)	1,448
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	27.49
OSS (%)(Apr 1-Sep 30, 2008)	152.45
Current Portfolio (%) (As on September 30, 2008)	99.32
Debt to Net Worth (Times) (As on September 30, 2008)	5.03

Asmitha Microfin Ltd (AML)

Name	Asmitha Microfin Ltd
Headquarter	Hyderabad, Andhra Pradesh
Legal Status	Public Ltd. Company (NBFC)
Lending Model	JLG
Number of Branches	363
Loan Outstanding (` Mn) (As on September 30, 2008)	4,944
Borrowers (As on September 30, 2008)	694,350
Net Worth (` Mn) (As on September 30, 2008)	475
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	17.43
OSS (%)(Apr 1-Sep 30, 2008)	121.04
Current Portfolio (%) (As on September 30, 2008)	99.80
Debt to Net Worth (Times) (As on September 30, 2008)	9.92

Shri Kshetra Dharmasthala Rural Development Project (SKDRDP)

Name	Shri Kshetra Dharmasthala Rural Development Project
Headquarter	Dharmasthala, Karnataka
Legal Status	Trust
Lending Model	SHG
Number of Branches	22
Loan Outstanding (` Mn) (As on September 30, 2008)	4,060
Borrowers (As on September 30, 2008)	612,482
Net Worth (` Mn) (As on September 30, 2008)	157
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	12.02
OSS (%)(Apr 1-Sep 30, 2008)	100.46
Current Portfolio (%) (As on September 30, 2008)	99.68
Debt to Net Worth (Times) (As on September 30, 2008)	29.81

Bhartiya Samruddhi Finance Limited (BSFL)

Name	Bhartiya Samruddhi Finance Limited
Headquarter	Hyderabad, Andhra Pradesh
Legal Status	Public Ltd. Company, (NBFC)
Lending Model	Diversified
Number of Branches	87
Loan Outstanding (` Mn) (As on September 30, 2008)	3,882
Borrowers (As on September 30, 2008)	457,668
Net Worth (` Mn) (As on September 30, 2008)	317
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	17.89
OSS (%)(Apr 1-Sep 30, 2008)	108.97
Current Portfolio (%) (As on September 30, 2008)	99.00
Debt to Net Worth (Times) (As on September 30, 2008)	11.59

Bandhan

Name	Bandhan
Headquarter	Kolkata, West Bengal
Legal Status	Society
Lending Model	JLG
Number of Branches	385
Loan Outstanding (` Mn) (As on September 30, 2008)	3,389
Borrowers (As on September 30, 2008)	851,713
Net Worth (` Mn) (As on September 30, 2008)	435
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	26.32
OSS (%)(Apr 1-Sep 30, 2008)	175.40
Current Portfolio (%) (As on September 30, 2008)	99.92
Debt to Net Worth (Times) (As on September 30, 2008)	7.07

Cashpor Micro Credit (CMC)

Name	Cashpor Micro Credit
Headquarter	Varanasi, Uttar Pradesh
Legal Status	Section 25 Company
Lending Model	JLG
Number of Branches	247
Loan Outstanding (` Mn) (As on September 30, 2008)	1,431
Borrowers (As on September 30, 2008)	303,935
Net Worth (` Mn) (As on September 30, 2008)	93
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	28.78
OSS (%)(Apr 1-Sep 30, 2008)	109.71
Current Portfolio (%) (As on September 30, 2008)	98.00
Debt to Net Worth (Times) (As on September 30, 2008)	14.72

Grama Vidiyal Micro Finance Pvt Ltd (GVMFL)

Name	Grama Vidiyal Micro Finance Pvt Ltd
Headquarter	Tiruchirappalli, Tamil Nadu
Legal Status	Pvt. Ltd. Company (NBFC)
Lending Model	JLG
Number of Branches	126
Loan Outstanding (` Mn) (As on September 30, 2008)	1,316
Borrowers (As on September 30, 2008)	288,311
Net Worth (` Mn) (As on September 30, 2008)	231
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	32.46
OSS (%)(Apr 1-Sep 30, 2008)	141.53
Current Portfolio (%) (As on September 30, 2008)	99.54
Debt to Net Worth (Times) (As on September 30, 2008)	4.95

Grameen Financial Services Pvt Ltd (GFSPL)

Name	Grameen Financial Services Pvt Ltd
Headquarter	Bangalore, Karnataka
Legal Status	Pvt. Ltd. Company (NBFC)
Lending Model	JLG
Number of Branches	62
Loan Outstanding (` Mn) (As on September 30, 2008)	1,287
Borrowers (As on September 30, 2008)	153,453
Net Worth (` Mn) (As on September 30, 2008)	127
Portfolio Yield (%) (Apr 1-Sep 30, 2008)	18.77
OSS (%)(Apr 1-Sep 30, 2008)	106.41
Current Portfolio (%) (As on September 30, 2008)	99.98
Debt to Net Worth (Times) (As on September 30, 2008)	10.51