Tamil Nadu is among India’s most mature microfinance markets, with strong self-help group penetration and high participation of women borrowers, enabling low-income households-especially rural women-to build sustainable livelihoods. New Opportunity Consultancy Private Limited contributes to this ecosystem by extending responsible, livelihood-linked credit and group-based support, helping women convert small investments into stable income-generating enterprises.
Suganeswari, a resident of VP Patty village near Bommidi in Tamil Nadu, illustrates the impact of timely microfinance support. In February 2025, she received a ₹70,000 loan from the B2 Bommidi branch of New Opportunity Consultancy Private Limited, which enabled her to purchase two cows and start a small dairy business. Within weeks, the cows began yielding 10-15 litres of milk daily. As a member of the VP Patty New BR 24 group, she benefited from peer support and sold milk to local dairies and households, earning around ₹15,000 per month by mid-2025.
Despite initial challenges such as rising feed costs and access to veterinary care, regular group meetings helped her improve fodder management and productivity. By late 2025, she completed her EMI repayments ahead of schedule and reinvested her earnings to expand her operation to four cows by January 2026. Her progress inspired five other women in her group to take similar livestock loans, collectively supplying over 100 litres of milk weekly to markets in and around Bommidi.
Speaking about her journey Suganeswari said, “The loan, along with group support, gave me the confidence to start my dairy business and earn a steady income for my family. With regular guidance during group meetings and timely repayments, I was able to grow from two cows to four. Today, I feel independent and supported by a community of members engaged in similar work, and I am hopeful about expanding my business further.”
Stories like Suganeswari’s highlight how microfinance in Tamil Nadu, when combined with group support, responsible lending, and livelihood-focused financing, can create sustainable economic impact. Tamil Nadu is the second-largest microfinance market in India in terms of portfolio outstanding, with total loans outstanding of ₹41,357 crore and an average loan outstanding per account of ₹32,745 as on September 2025. While borrower protection frameworks and regulatory safeguards continue to be strengthened, the role of responsible microfinance remains critical in ensuring that women-led micro-enterprises can sustain and scale their operations. Such financing not only empowers women in rural regions but also contributes meaningfully to local livelihoods and the broader rural economy.
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