Latest News: Women Leadership Award for Excellence in Banking & Finance Sector - 2017 - Presented by FEMINA - 4th World Women Leadership Congress & Awards.        Spandana Sphoorty Financial Ltd is Recognised as "The Best Employer 2016-17" by "World HRD Congress"       Founder & Managing Director Ms Padmaja Reddy has won the “Women Entrepreneurship Award, 2016” by CMO Asia, Singapore.           Spandana Sphoorty Financial Ltd is Awarded as “The Best MFI in Southern India” by “Business Leaders’ Summit 2016 in association with IBN7”  
About Spandana
Spandana story

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Mission / Brand Identity

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Awards

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Products

Our services are as per the convenience of our clients. All the terms and conditions of the loans are made known to the clients to maintain our core value of Transparency. We have no hidden charges in the name of value added services and compliance with Statutory requirements.

Income Generation Loan (Abhilasha) Abhilasha stands for “Aspiration”. This unique loan is designed especially for low-income households

Micro Enterprise Loan (Pragathi) Sometimes big ideas need small help, thus we have designed our Micro Enterprise Loan known as Pragathi.

Phinix All our products are designed for the welfare and economic upliftment of the rural population majorly women.

Shree Loan Shree stands for “Good Beginning”. Offered in the state of Andhra Pradesh,

Gold Loans (Keertana) Gold Loans are given against the mortgage of Jewellery. Indian housewives hold 11% of the world's gold.

Interim Loans We’ve introduced Interim loans to assist our borrowers who are struggling to meet short-term liquidity requirements.

Board of Directors
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Ms. G. Padmaja Reddy

( Managing Director )

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Mr. P.Madhava Rao

(Independent Director)

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Mr. Karthikeya Dhruv Kaji

(Nominee Director)

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Mr. Sunish Sharma

(Nominee Director)

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Ms. Abanti Mitra

(Independent Director)

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Mr. Ramachandra Kasargod Kamath

(Independent Director)

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Mr. Amit Sobti

(Nominee Director)

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Mr. Darius Pandole

(Nominee Director)

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Partners
Investors
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Affiliates
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Corporate Governance
News
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Careers
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Spandana Society
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Outreach

Key Outreach Indicators Mar-09 Mar-10 Sep-10 Mar-16 Mar-17 Aug-17
Gross Loan Portfolio (Rs. in mn) 18,683 35,405 44,216 12,186 12,969 20,023
Cum. Disbursements (Rs. in mn) 59,890 117,998 158,159 255,606 276,198 291,617
No. of Clients (in `000) 2,543 4,164 5,157 1,298 1,308 1,279
No. of Borrowers (in `000) 2,432 3,663 4,506 1,067 1,060 1,063
No. of Branches (#) 944 1,533 1,856 523 544 585
No. of States 10 12 12 12 13 13
Our Visitors speak

An eye opener. You have taken consumer finance to new and great heights. Thank you for the time, which to my mind is invaluable. Again, I believe your contribution cannot be measured.

Kannan, TVS Finance

It has been a truly wonderful and fantastic experience to visit Spandana. Padmaja, Congratulations to you and the team! Thank you so much for giving us the opportunity to visit and see this fantastic work in progress. We will work hard to prove worthy of the opportunity and the earnings it has made possible.

Ramesh Bellamkonda, Bharat Swamukthi Samsthe

It has been a truly wonderful and fantastic experience to visit Spandana. Padmaja, Congratulations to you and the team! Thank you so much for giving us the opportunity to visit and see this fantastic work in progress. We will work hard to prove worthy of the opportunity and the earnings it has made possible.

Ramesh Bellamkonda, Bharat Swamukthi Samsthe

Your manual MIS and transition to computerized online system is impressive and appears to be the backbone of this strong organization. Congratulations!!

Vice Chairman, Community Capital Bank, Brooklyn, NY

Your manual MIS and transition to computerized online system is impressive and appears to be the backbone of this strong organization. Congratulations!!

Vice Chairman, Community Capital Bank, Brooklyn, NY

Impressive experience. Courageous organization with an enormous impact the possibilities for the poor to develop, possibly for the whole of India. We were cordially received by Spandana and will take this wonderful experience forward in Netherlands.

Richard Paardenkooper, Postbank Groen, NV

Impressive experience. Courageous organization with an enormous impact the possibilities for the poor to develop, possibly for the whole of India. We were cordially received by Spandana and will take this wonderful experience forward in Netherlands.

Richard Paardenkooper, Postbank Groen, NV

Spandana’s growth and expanding service to clients is an inspiration to micro finance both locally and globally and proof that well planned, determined with appropriate goal and must reach scale to sustainability deliver service. An inspiring visit. More should come to understand the vision and determination necessary to make a successful MFI. Best wishes for continued success.

Blaine Stephens, MIX

Spandana is a role model to be emulated for its forward planning, innovative concepts and procedures and the enthusiasm and dedication of its staff. I feel proud to be a part of your work

Nancy Pasternak, Prosperity Rings, USA

Congratulations on the fantastic performance!! Guess it might have become way of life at Spandana. Looking forward to see you topping the top league of MFIs in India.

Bhupinderpal Singh, ICICI Bank Ltd.,

Congratulations on your splendid achievement!! What needs to be acknowledged is not just the figures, but that you have been able to touch the lives and families dependent on 50,000 women which is indeed tremendous effort of the Spandana team!!!

Muralidharan T, Economic Program Officer, HIVOS

I continue to be impressed by your commitment, progress growth. Congratulations to the entire Spandana team on achieving phenomenal efficiency productivity ratios. It was truly a pleasure to wprk with you look forward to continuing to work with you. Thank you very much for your hospitality. My visit is truly inspiring I have learned a tremendous amount from you all.

Padmaja Bommareddy, New Jersey, USA

Spandana is one of the most efficient organizations I have seen. The long hours and dedication of its staff allows it to have an amazing, unmatchable efficiency ratios such as clients/CO and administrative expense ratio. Its been a privilege to help Spandana with the task I had been given.

Neha Gupta, Yale University, Intern June – July 2004, Sponsored by ICICI Bank

An eye opener. You have taken consumer finance to new and great heights. Thank you for the time, which to my mind is invaluable. Again, I believe your contribution cannot be measured.

Kannan, TVS Finance
Success Stories

The success stories are unlimited and it actually is quite astonishing how such a simple concept of social responsibility, joint liability and micro credit had the potential to transform the face of Rural finance.

Our customers aspire to dream and strive hard to make the same dream come true, but due to their financial condition it becomes very difficult to chase the dream. Hence we at Spandana give them the monetary support to convert their dreams into reality. Dreams vary from person to person so does the loan requirement and we cater to all our customer needs.