#1 Rated Cooperative
Our Story

Empowering Financial Dreams Since 2009

MicroFinance Cooperative Society Ltd. was founded with a simple yet powerful vision: to make quality financial services accessible to every Indian — from small farmers in rural villages to ambitious entrepreneurs in bustling cities.

What started as a small cooperative with just 50 members in Pune has grown into one of India's most trusted financial institutions, serving 22,000+ members across 15 states through 50+ branches.

As a cooperative society, every member is also an owner — sharing in the profits and having a voice in the decision-making. This unique structure keeps us grounded, transparent, and always committed to your best interest.

15+

Years of Service

22K+

Loyal Members

Our Foundation

Vision, Mission & Values

The principles that guide every decision and every interaction with our members.

Our Vision

To be India's most trusted and member-centric cooperative financial institution, empowering every household with access to secure, affordable and innovative financial services.

Our Mission

To deliver transparent financial solutions through digital innovation and 50+ physical branches, creating shared prosperity for our members, communities and employees.

Our Core Values

  • Integrity: 100% transparent in all dealings
  • Inclusion: Serving all communities equally
  • Innovation: Tech-driven convenience
  • Community: Giving back to society
Leadership

Meet Our Leadership Team

A team of seasoned banking professionals with combined experience of 150+ years.

RD

Ramesh Desai

Chairman
AK

Anita Kulkarni

Managing Director
SM

Suresh Mehta

Chief Financial Officer
KN

Kavita Nair

Chief Operations Officer
RJ

Rajesh Jain

Head of Credit
PI

Priya Iyer

Chief Technology Officer
Milestones

Our Journey of Excellence

Key achievements that shaped us into the trusted institution we are today.

2009

Foundation Laid

Registered as a Cooperative Society with 50 members and ₹5 Lakhs seed capital in Pune.

2013

First Branch Expansion

Opened 5 new branches in Maharashtra and reached 1,000 active members milestone.

2016

Digital Banking Launch

Launched mobile banking app and web portal with online account opening facilities.

2019

10,000 Members Milestone

Expanded to 25 branches across 10 states with ₹250 Crores under management.

2022

Award Winning Institution

Won Best Cooperative Society Award 2022 and achieved 98% recovery rate.

2026

22,000+ Members & Growing

Serving 22,000+ members via 50+ branches with ₹1,700+ Crores in total assets.

Our Strength

Financial Performance Overview

Strong financials with consistent growth over the past 5 financial years.

Financial Performance (₹ in Crores)

Income, Expenses & Net Profit Trend