AMIL releases its 2022 Annual Report showing strong recovery post-COVID

December 2022

Agora Microfinance India Limited shows a strong recovery in its Annual Report for 2022. Despite the challenges of Covid seen in 2020 and 2021, the team has successfully put its operations on a growth path alongside close cost controls, resulting in very encouraging results for the year. 

During 2023, AMIL expects to show a complete turnaround in its operations and amongst other things will be busy upgrading to new innovative ways of doing business, such as risk-based product pricing, a fully digitized remote client officer model,  and identifying new market segments beyond its current operations in Mumbai and Nashik.  Please stay tuned for more on our India story!