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Hope Integrated Rural Development Society

Andhra Pradesh, Kurnool

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Since: December 2008
Founder: Mr. Jayakumar

Partnership Summary:

Total No. of Loans: 470

Total amount disbursed: Rs. 2350000

Expected repayment so far: Rs. 2350000

Amount repaid: Rs. 1867900 (0.7948510638297872)

Amount delayed: Rs. 0 (0.0)

Amount defaulted: Rs. 482100 (0.20514893617021276)

Hope is a Kurnool based microfinance institution. Their mission is to reduce poverty and improve the quality life of the poor women in urban and rural areas of Andhra Pradesh through the provision of qualitative and responsive financial services in an innovative and sustainable way.

Geographical focus of Hope IRDS: The organization works with poor women of Yemmiganur and Mantralyam slums.

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