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CreditAccess Grameen's collection improves to 94% in Jan-March quarter


CreditAccess Grameen’s collection improves to 94% in Jan-March quarter
April 14, 2021
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Number of women customers fully paying their loan instalments has risen to 92.4% in the quarter
CreditAccess Grameen, a NBFC-MFI, said its collection efficiency (loan EMIs collected from women borrowers) as also its year-on-year (YoY) and quarter-on-quarter (QoQ) loan disbursement (microfinance loans given to women borrowers) has improved during the January to March 2021 quarter.
The company in a release said it YoY and also QoQ consolidated disbursement has risen by 42 per cent and 3 per cent to ₹4,726 crore, respectively in January to March 2021 quarter. The collection efficiency for CAGL, too, has risen from 91 per cent in December 2020 to 94 per cent in March 2021 and for its subsidiary Madura Microfinance, collection efficiency increased from 86 per cent in December 2020 to 90 per cent in March 2021. ....

Creditaccess Grameen , Madura Microfinance , Gross Loan Portfolio , Creditacces Grameen , Micro Finance , Women Customers , Loan Portfolio , மதுரா நுண்நிதி , மொத்த கடன் போர்ட்‌ஃபோலீயோ , மைக்ரோ நிதி , பெண்கள் வாடிக்கையாளர்கள் , கடன் போர்ட்‌ஃபோலீயோ ,