Latest News: 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

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Brand Identity

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Products

Our services are as per the convenience of the 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 A "œAspiration". This loan is designed for economically active low-income households who have

Micro Enterprise Loan (Pragathi) Pragathi stands for A "œProgress". This product is offered to those microfinance clients who have slightly higher

Shree Loan (SR) Shree stands for A "Good Beginning". This loan is offered in AP and Telangana after a gap of three years post AP Crisis.

Gold Loans (Keertana) Gold Loans are given against mortgage of Jewelry. Loan size range from Rs.2,000 to Rs.10,00,000.

Phinix These Loans helps women to set up and expand income generating activities,smoothen household cashflows and acquire productive assets.

Board of Directors
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Mrs. G. Padmaja Reddy

( Whole time Director )

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Ms. Abanti Mitra

(Independent Director)

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Mr. P.Madhava Rao

(Independent Director)

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Mr. Perur Seshappa Prasad

(Independent Director)

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Mr. Gopala Reddy Annapureddy

(Independent Director)

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Mr. Sundaram Ramakrishnan

( Nominee Directors )

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Natarajan ranganathan

( Nominee Directors )

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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-07 Mar-09 Mar-10 Sep-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16
Gross Loan Portfolio (Rs. in mn) 3,983 18,683 35,405 44,216 34,359 27,045 22,232 21,072 22,462 20,186
Cum. Disbursements (Rs. in mn) 17,814 59,890 117,998 158,159 170,932 185,309 201,107 217,780 237,673 255,606
No. of Clients (in `000) 972 2,543 4,164 5,157 5,152 4,641 3,443 3,416 3,324 2,012
No. of Borrowers (in `000) 916 2,432 3,663 4,506 4,177 3,444 2,472 2,252 2,042 1,777
No. of Branches (#) 295 944 1,533 1,856 1,731 1,674 1,144 1,063 787 523
No. of States 4 10 12 12 12 12 11 11 12 12
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
customer since 2015
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
customer since 2015
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
customer since 2015
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
customer since 2015
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
customer since 2015
Impressive experience. Courageous organization with an enormous impact o 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
customer since 2015
Impressive experience. Courageous organization with an enormous impact o 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
customer since 2015
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
customer since 2015
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
customer since 2015
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 gives them the monetary support to convert their dreams into reality. Dreams varies from person to person so does the loan requirement and we cater to all our customer needs.