The company is registered with RBI as a Non-deposit taking Non-banking finance company.
M Power Micro Finance Pvt Ltd., is a MFI and was incorporated on 19th November 2009 with registered office situated in the state of Maharashtra.
Promoted by experienced team of Banking & financial services professionals having diversified exposure and encompassing across business segments and functions.
The promoters have had a long standing track record in highly reputed Banks and have handled Senior Management positions..
The Logo has been created with the letter “M” being depicted to impart a protective arm engulfing a symbolic group of women. The company would be focusing on Microfinance activities to women groups and would strive to be a protective force for these groups. The colour combination has stemmed from the thought that :
Green is the colour of nature. It symbolizes growth, harmony, freshness and fertility.
Blue is the colour of creativity. It is the “overwhelming” favourite colour, while it is seen as trustworthy, dependable and committed.
Red is the colour of love and compassion. It acts as a stimulant giving enthusiasm and energy while encouraging action and confidence.
Black is the colour of authority, power and steadfastness in approach.
Each of the above colours depict the very thought behind M Power Micro and its activities to eM Power the masses.
Shivaji Bade is a Post-Graduate in Agri. Business Management from Mumbai University. He has more than 8 years of rich experience in Financial Inclusion space, having worked in leading MFIs like Janalakshmi Financial Services, Grameen Financial Services & Spandana Spoorthy Financial Services. With a Go-getter attitude, his strenghts are in Business Development, Organization Expansion, People Management & Team Building. Apart from being responsible for Business development, he is also entrusted the task of managing the Business Correspondents, Agriculture & Agri Allied vertical at M Power.