Smile Microfinance
S.M.I.L.E MICROFINANCE Effective April 2011, the operating agreement between SMILE and Mahasemam Trust was terminated and the two entities now operate independently of each other. The company had a branch network of 158 branches across 23 districts in Tamil Nadu and Puducherry and had a loan portfolio of Rs.371 crore as on September 30, 2013. Performance on key parameters SMILE, a mid-sized MFI based out of Tamil Nadu, reported CAGRs of 29 and 19 percent, respectively, in the loan portfolio and borrower base in the 3 years ended March 31, 2013....