Incorporated in 1996. Reinvented for the women who borrow.
Give a woman a small loan, trust her group to stand behind it, and stay long enough to lend again. Three decades on the register, that premise is what Anjali runs on.
Incorporated in Kolkata as MCS Tradefin Private Limited, registered at ROC Kolkata.
Board reconstituted as the company pivots toward microfinance; Manish Agarwal joins as Director.
Renamed Anjali Microfin Private Limited as the lending focus took hold.
Current board completed with Kuntal Chatterjee's appointment; paid-up capital ₹9.63 Cr.
The group is the collateral. Trust is the security.
Four to ten women who know each other form a group and guarantee one another's loans. No land, no gold, no male guarantor — the group's joint-and-several responsibility is what makes the loan possible.
It works because the women choose each other carefully, complete Compulsory Group Training, and pass a Group Recognition Test before the first rupee is sanctioned. Several groups form a centre that meets at a fixed place and time — where repayments are collected, at the doorstep.
To be the most trusted financial partner for aspiring low-income households in India — helping women entrepreneurs build sustainable livelihoods with fair, transparent and responsibly-priced credit.
- Extend collateral-free, affordably-priced credit to households outside the formal banking net.
- Put the borrower first — transparent pricing, no hidden charges, dignified recovery conduct.
- Lend responsibly, underwriting to affordability so credit builds households rather than over-burdening them.
- Graduate borrowers up a product ladder as their businesses grow, cycle after cycle.
Dignity
Every borrower is treated with respect; recovery is never coercive.
Transparency
A one-page Key Fact Statement before every loan; only three permitted charges.
Responsibility
Strict adherence to the 50%-income and indebtedness caps; no over-lending, ever.
Empowerment
Women-centred lending that funds enterprise, not consumption traps.
Discipline
Standardised products and rigorous field operations keep credit affordable.
Operates under the RBI (Regulatory Framework for Microfinance Loans) Directions, 2022. CIN U51109WB1996PTC080809 · ROC Kolkata.
Repayments capped at 50% of household income · total indebtedness ≤ ₹2 lakh · maximum 3 lenders per borrower.
Key Fact Statement before every sanction · only three permitted charges · no prepayment penalty, ever.
Loans reported to all RBI-approved Credit Information Companies, with assessed household income.