About Us

Opportunity Microfinance India Limited believes poverty is a problem that needs to be solved...

Opportunity Microfinance India Limited believes poverty is a problem that needs to be solved, and the solution must come from the poor themselves. They have the capacity and capability to come up with the solution that works best for them, through their own initiative and hard work. We can only be facilitators in the process.

 

 

Inspired by the vision of ‘an enterprise solution to poverty’ they sowed the seeds for Opportunity Microfinance India Limited. They launched the very first micro enterprise development initiative with financial assistance of $30 to two young people to start a small business.

 

We have been identifying ways in which we can help the poor find some form of economic activity according to their skills, local raw materials available and access to nearby markets so that they can earn a livelihood. We encourage and provide assistance so that they can start a small business or expand an existing venture, based on the skills and experience they possess. We select promising entrepreneurs among the poor and marginalised communities and then groom them with training, capacity building and other support activities so that they can come out of poverty. We also monitor the beneficiaries and we provide consultancy services.

 

Since its inception, we have directly assisted 106,157 families impacting the lives of more than 525,000 people and their communities in about 3,855 villages throughout South India and Orissa.

Opportunity Microfinance India Limited is a registered Non-Banking Microfinance Institution under Reserve Bank of India. It started its operations from the year 2001. Its having an authorized capital of 10 crore.

OUR VISION

Our vision is to work with the poor in their struggle to attain social justice & economic security with human dignity and self-worth

OUR MISSION

To enable the underprivileged to overcome poverty by empowering their  hard work  and spirit of entrepreneurship.

Operational Area

The states of Karnataka and
Tamil Nadu

Our Supervisory Body

Reserve Bank of India non-banking financial supervisory division

Master Direction

Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 dated October 19, 2023 (updated from time to time)

"Poverty is a problem that needs to be solved, and the solution must come from the poor themselves"