Mimo Finance

Mimo Finance

Mimo aims to provide financial services to ...

Investment Fund Manager | Asia | Access to Financial Services

 

Overview

Mimo aims to provide financial services to the poor of Uttaranchal and other states in North India. Their operational area during the first year (pilot stage) will be along the Vikasnagar-Dehradun-Haridwar rural-urban continuum in Uttaranchal. It aims to impact over 7000 clients in the first year, rising to over 200,000 clients by year 2010. It will cater to the retail credit needs of self-help groups, tiny and micro-enterprises, and individuals, using Self-help Group, Modified Grameen, and commercial microfinance model in lending.

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