Innovative Microfinance For Poverty Alleviation And Community Transformation

Innovative Microfinance For Poverty Alleviation And Community Transformation

Empowers women through microfinance and training, with 9 branches nationwide.
2004 | Chennai, Tamil Nadu (India) | Active

Last Updated:

June 26, 2024
HomeCompanyInnovative Microfinance For Poverty Alleviation And Community Transformation

Who are the key members and board of directors at Innovative Microfinance For Poverty Alleviation And Community Transformation?

Board Members(6)

NameDesignationAppointment DateStatus
Benita Nangia In Director 11-Mar-2021Current
Madhav Bellamkonda In Director 08-Sep-2020Current
Stanislas Rajkumar Additional Director 16-Mar-2024Current
Lisha John In Director 26-Aug-2017Current
Elyanger Aier In Director 29-Mar-2023Current
Abey Abraham Director 29-Mar-2023Current

Financial Performance and Corporate Structure Insights of Innovative Microfinance For Poverty Alleviation And Community Transformation.

Innovative Microfinance For Poverty Alleviation And Community Transformation, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.35% decrease. The company also saw a substantial fall in profitability, with a 342.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.15%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.35%
Revenue from Operations
-25.78%
Total Assets
-19.19%
Profit or Loss
-342.72%
Net Worth
-23.15%
EBITDA
-83.49%

Related Corporates (Common Directorship)

  • Odisha Forest Development Corporation Limited

    Odisha Forest Development Corporation Limited

    Active 62 years 1 month

    Elyanger Aier is a mutual person

Charges (Loans)

Open Charges Satisfied Charges

₹1.00 Cr

₹66.39 Cr

LenderAmountStatus

Others

Creation Date: 22 Apr 2016
₹1.00 CrOpen

Others

Creation Date: 07 Mar 2020
₹1.50 CrSatisfied

State Bank Of India

Creation Date: 20 Mar 2019
₹5.00 CrSatisfied

How Many Employees Work at Innovative Microfinance For Poverty Alleviation And Community Transformation?

Innovative Microfinance For Poverty Alleviation And Community Transformation has a workforce of 11 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Innovative Microfinance For Poverty Alleviation And Community Transformation

Recent activity within the organization

  • Director Appointment

    Stanislas Vivian Rajkumar was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2024 & has been associated with this company since 7 months 28 days .

    16 Mar 2024

  • Charges

    A charge registered on 07 Mar 2020 via Charge ID 100337884 with Others was fully satisfied on 17 Oct 2023.

    17 Oct 2023

  • Charges

    A charge registered on 20 Mar 2019 via Charge ID 100247620 with State Bank Of India was fully satisfied on 17 Oct 2023.

    17 Oct 2023

  • Charges

    A charge registered on 12 Mar 2019 via Charge ID 100244381 with Idbi Bank Limited was fully satisfied on 17 Oct 2023.

    17 Oct 2023

  • Charges

    A charge registered on 20 Jul 2016 via Charge ID 100043873 with Others was fully satisfied on 17 Oct 2023.

    17 Oct 2023

  • Charges

    A charge registered on 30 May 2016 via Charge ID 100034784 with State Bank Of India was fully satisfied on 17 Oct 2023.

    17 Oct 2023

Frequently asked questions

  • Innovative Microfinance For Poverty Alleviation And Community Transformation was incorporated on 15 Mar 2004.

  • The authorized share capital of Innovative Microfinance For Poverty Alleviation And Community Transformation is ₹ 0.00 and paid-up capital is ₹ 4.28 Cr.

  • Currently 6 directors are associated with Innovative Microfinance For Poverty Alleviation And Community Transformation.

    • Benita Grace Paul Nangia
    • Madhav Durga Bellamkonda
    • Stanislas Vivian Rajkumar
    • Lisha John
    • Elyanger Aier
    • Abey Abraham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Microfinance For Poverty Alleviation And Community Transformation is No.16 V.O.C. Main Road, Kodambakkam, Chennai, Tamil Nadu, India, 600024.

  • The corporate identification number (CIN) of Innovative Microfinance For Poverty Alleviation And Community Transformation is U65999TN2004NPL052754 and the company number is 052754 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovative Microfinance For Poverty Alleviation And Community Transformation is https://www.impact-mfi.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Innovative Microfinance For Poverty Alleviation And Community Transformation has fallen by -21.35%.

  • As Per 2021 financial reports, 11 employees are currently employed by Innovative Microfinance For Poverty Alleviation And Community Transformation.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Innovative Microfinance For Poverty Alleviation And Community Transformation has experienced an downturn of -23.15%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Innovative Microfinance For Poverty Alleviation And Community Transformation amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Innovative Microfinance For Poverty Alleviation And Community Transformation was filed with the ROC on 31 Mar 2023.

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