Repco Micro Finance Limited (RMFL) was incorporated in the year 2007 as Repco MSME Development & Finance Ltd and registered as NBFC with the Reserve Bank of India in the year 2010. Later it was classified as NBFC-MFI in December 2013. The company is promoted by Repatriates Cooperative Finance & Development Bank Ltd.,(Repco Bank) which is a Govt. of India Enterprise. RMFL is engaged in the activity of extending loans to economically backward women through the Women Self Help Group for income generation purposes. The main objective of the company is to assist poor women in their upliftment, promote entrepreneurship and provide micro-credit/ finance in different loan cycles at reasonable rates of interest.
2007