Arohan Financial Services eyes 20 pc growth in outstanding loan portfolio

Microfinance institution (MFI) Arohan Financial Services is eyeing a growth of 20 per cent in its outstanding loan portfolio during the current financial year, its MD Manoj Nambiar said.

The MFI closed the 2024-25 fiscal with its outstanding loan portfolio at Rs 6,100 crore, he said.

"The microfinance sector is clearly showing green shoots on collection and portfolio quality with guard rails in place. We closed last year with an outstanding portfolio of Rs 6,100 crore. We aspire to grow by about 20 per cent this fiscal," he told PTI.

Arohan operates through 1,102 branches, serving around 21 lakh customers.

"In a very difficult year, 2024-25, Arohan had reported a profit with gross NPA at 2.85 per cent and net NPA at 0.53 per cent," Nambiar said.