Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN’s guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin’s overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached ₹175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding into new territories.
Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN’s guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin’s overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached ₹175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding into new territories.
