Mimo Finance is the brand name under which M/s Shah Sandhu Finance Co. Pvt. Ltd. (NBFC), conducts its microfinance operations. Our value proposition is to provide sustainable access to microfinance, particularly to women, that allows individuals to generate income, create hobs, enable families to obtain health care, and empower them to make choices that best serve their needs.
Our operational area is urban and peri-urban areas along the major highways and towns in selected parts of Uttarakhand and Western U.P., with operations also extending into Himachal Pradesh.
As of May 31, 2008, we have 20,151 registered clients and have disbursed 21,028 loans in total. Currently, our outstanding loan portfolio is Rs. 71.785 million with a repayment rate of 99.26%. Mimo Finance has established relationships with Friends of Women's World Banking (FWWB), HDFC Bank, Axis Bank, Deutsche Bank, ABN-AMRO, Maanaveeya Holdings, SIDBI, and Indian Bank.
By 2015, we plan to reach over one million clients. We invite you to explore our site and learn more about how we are empowering women and changing lives.
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