Jalandhar, India
Midland Microfin Ltd (MML) is a pioneering microfinance institution headquartered in Jalandhar, Punjab, India, founded in 2011. MML stands out for its dedication to the financial and social empowerment of women, positioning itself as the first Punjab-based MFI registered as an 'NBFC – MFI' with the Reserve Bank of India (RBI). Operating as a Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC-ND-SI), MML has firmly adhered to all regulatory and legal requirements, establishing integrity as a core value.
MML's vision revolves around being a role model and techno-savvy microfinance institution committed to uplifting the progressive poor. Over the past decade, it has expanded its geographic footprint to encompass 405 branches across 12 States and 2 Union Territories. The institution has been dedicated to extending small business loans, fostering entrepreneurship, and reshaping destinies, contributing to the eradication of poverty.
Recognized for its remarkable dedication to its workforce, MML has earned the distinguished "Great Place to Work" accreditation for four consecutive years. Its most recent milestone includes a $3.10M Venture Round investment on 05 May 2020 from the Aviator Emerging Market Fund.
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