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The major examples of Microfinance in India demonstrating its major impact in India:-

• SEWA Bank, based in Ahmedabad, Gujarat is one of the oldest and largest microfinance institutions in India. A range of savings, credit, insurance, and pension services are provided to over 1.5 million low-income, self-employed women associated with SEWA.

• BASIX, headquartered in Hyderabad, provides livelihood promotion loans in rural areas for dairy, poultry, small farming, etc.
• Grameen Koota, based in Bangalore has used the joint liability group model to provide income-generating loans to over 3 million women across Karnataka and neighboring states since 1999.
• Hand in Hand, an NGO provides training and credit services to self-help groups across 10 states. A women’s self-help group in Tamil Nadu used microcredit to set up a sanitary napkin production unit in their village.
• Annapurna Pariwar, a Mini Ratna MFI operating across 14 states has cumulatively disbursed over 20 billion rupees to 1.6 million women borrowers.
• Ujjivan Small Finance Bank, a prominent microfinance company in South India assisted a street hawker Rajesh Kumar in Bangalore in buying a handcart and expanding his fruit vending business.
• Shri Mahila Sewa Sahakari Bank, a cooperative bank in Gujarat has enabled over 200,000 women in rural areas to access financial services.
• ESAF Microfinance has reached over 3 million women across 16 states in India.
• Satin Creditcare Network operates in over 20 states providing microloans primarily in rural areas.
• Asirvad Microfinance enabled Saraswati Devi in Jharkhand to take a loan to buy a sugarcane juicing machine.
• Suryoday Small Finance Bank helped finance a Kirana grocery store in Maharashtra allowing the owner to increase his inventory. The working capital loan helped grow his profits by 20-25%.
• An MFI called Cashpor enabled a woman in Varanasi to take a loan to set up a flower stall near the temple. She manages the stall alongside her daughters, earning more through daily flower sales.
• A 12,000 rupee microloan from the NGO Micrograam helped a woman in Karnataka buy materials and equipment to make incense sticks at home. She now sells to local stores, increasing her income.

It indicates the importance of microfinance institutions in India and their capability of using small loans to enable low-income entrepreneurs to grow and start new businesses, empowering females independently to handle the situations and manage the livelihoods in rural and urban areas.

It shows how successful the schemes were and it enabled micro-entrepreneurs to grow their livelihoods in rural as well as urban Indian societies.