About Us
M Power Micro Finance Pvt Ltd

M Power Microfinance Private Limited, headquartered in Mumbai, is a Pvt. Ltd. Company incorporated in November 2009 under the provisions of the Companies Act, 1956 and registered as Non-Banking Finance Company – Micro Finance Institution (NBFC-MFI) with Reserve Bank of India. A Tag line “NURTURE DREAMS, TRASFORM LIVES” exemplifies the company’s objective to trust the dreams of people who at the bottom of the financial inclusion pyramid by providing financial assistance with singular focus on women borrowers in the group to transform their lives and gain some sort of financial independence.

Mission

True to the tagline “NURTURE DREAMS, TRANSFORM LIVES”, M Power Micro finance would strive to Nurture the many dreams of the Bottom of Pyramid (BOP) segment and try and address the challenges to transform the lives of the poor at large.

Vision

“M Power Micro Finance would strive to become the country’s best managed Micro finance companies in terms of scale, quality and transparency”. The Company has the requisite Management Bandwidth in terms of experience and track record to enable that this Vision is achieved sooner than later.

Current Outreach as on 30th September 2024
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Success Stories
Customer reviews
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Jubedaben Salimbhai Vora

Dairy business
Jubedaben Salimbhai Vora used to collect milk from the locals and supply it to co-op dairy at her village. She wanted to do something on her own. So they decided to keep the milk themselves which they collected from the village and then purchase a machine which separates fat from milk. From the fat she wanted to make Ghee, Paneer and sell the same along with milk, buttermilk, curd etc in the market. The family decided that she will take care of milk collections and making ghee. Her husband would sell the milk and other products in Chaklasi (village they live) and her Mother in Law will go to Nadiad and sell milk and other products.

She approached M Power along with few other women and explained the proposal to the Centre Manager. Looking at her profile and business the loan was sanctioned and she bought the machine and other things required for her business. The total cost of the machine was Rs25000/- M Power sanctioned a loan of Rs12000/- and balance amount she contributed.
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Kapuben Ashwinbhai

Tailoring
Kapuben was very poor. She & her husband used to generate income by stitching clothes. They both wanted to expand their business. She heard about M Power Micro Finance Pvt Ltd through her friends. She got a loan of Rs12000/- With this amount she purchased a sewing machine, with which she could stitch clothes, bags etc quickly. Her income has grown 3 times. Her child goes to private school and she wants him to be a graduate.

She has again taken a 2nd cycle loan from our company & purchased a new sewing machine. Now tailoring has become her family business & they thank M Power for all the support & help they have given.
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Kuvarben

Kiran Shop
Kuvarben runs a kirana shop at Kuber Nagar. She was earning Rs 80 – Rs100 a day. She wanted some money to invest in her business so that she can increase her earnings.

She approached M Power Micro Finance Pvt Ltd and got a loan of Rs12000/-. With that amount she improved her business by purchasing more products for her kirana shop. She is very happy now.
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Kamla Ben

Tea Shop
Kamla Ben and her husband run a tea shop outside the bus stand of Padra. They were operating business from the footpath. They wanted to expand their business and purchase a Hand Cart but had no money. Our CM during his routine promotion, met Kamla Ben and told her about M Power and its finance schemes which helps needy. She along with few other women availed the income generation loan from M Power for Rs12000/- After availing the samruddhi loan she opened the tea shop outside the bus stand of Padra. Both Kamla ben & her husband are managing the tea shop. Once the existing loan gets over she wish to take another loan and open a juice shop.
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