About Us - Mpower Micro

Who We Are

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.

The Company is founded by Late Mr. K M Vishwanathan and Mr. K V Balaji, seasoned bankers with over three decades of experience in various financial services and lending sectors with large reputed banks. Late Mr. K M Vishwanathan is having experience of more than 35 years in Banking and financial services. Mr. K V Balaji has more than 30 years of experience in lending and is responsible for sales strategy, team building and management and human resources.

SIGNIFICANCE OF THE LOGO

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.

COMPANY BACKGROUND AND STRENGTHS

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..

What We Do

M Power Micro Finance Private Limited (M Power) a Non-Banking Finance Company – Micro Finance Institution (NBFC-MFI) headquartered at Mumbai, registered with Reserve Bank of India, incorporated in November 2009 under the provisions of the Companies Act, 1956 by Late Mr. K.M. Vishwanathan and Mr. K.V. Balaji, seasoned bankers with over three decades of experience in the financial services and commercial lending. The Management is persistent with strong experience and strategies to be implemented to achieve the desired vision. A Tag line “NURTURE DREAMS, TRANSFORM LIVES” states to trust the dream of people that live under the bottom of pyramid by providing financial assistance with credence among women borrowers in the group to transform their livelihood.

M Power Micro Finance Private limited is in line of business of inclusive financing of micro lending to the women borrowers in the semi-urban and rural area under Joint Liability Group (JLG Model) with total presence having branches across 3 states namely Gujarat, Maharashtra, Rajasthan. The model entrusted with group guarantee mechanism which brings great discipline among borrower that put place an industry with source of mitigating the risk and reliable investment return.

Our Business

Stand Out From The Rest

Our 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.

Our Core Values

Integrity
Customer Centric Approach
Commitment
Accountability
Teamwork
Transparency

Our 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.

Evaluation of

Our Company & Partners

Company Started

Expound the actual teachings of the great explorer the truth the masters builder of human happiness one rejects.

1998

New Milestone

No one rejects dislikes or avoids pleasures itself because it is pleasures, but because those who pursue pleasure rationally.

2000

First Award

Undertakes laborious physical exercise except to obtain some advantage from it pursue pleasure rationally.

2001

100 Employees

Expound the actual teachings of the great explorer the truth the masters builder of human happiness one rejects.

2004