Some of the states where microfinance companies are active are:
- Orissa
- Maharashtra
- Kerala
- Gujarat
- West Bengal
- Jharkhand
- Andhra Pradesh
Dec
3
Microfinance and Field Partners
Most microfinance companies have field partners who manage the actual disbursal of the loan and collection of the repayments from the borrowers.
Since the loan amounts are small (usually between Rs 3000 – Rs 10000), the expenses involved in being in touch with the borrowers on a regular basis can be significant and add to the overheads.