About
We understand your business beyond the numbers
Maa Pahari Mercantiles is a non-banking financial company that has been working on lending to small and mid-sized enterprises and investing capital alongside them. We lend to Mid, Small and Micro enterprises.
Two ways to put capital to work
One book extends credit to businesses that banks find hard to read. The other invests our surplus capital in equity and instruments, so money waiting to be lent is never money sitting still. The two are run together, against one view of liquidity
Unsecured by design
underwritten with care
An unsecured loan has no collateral behind it. That is not a gap in our model it is the discipline of it. Every decision rests on what we can verify a borrower’s cash flows, their history, the promoter’s own money at stake, the use the loan is put to and on judgment we have spent three decades sharpening. If we cannot see how a loan is repaid, we do not write it.
Vision
To be a respected and inspiring financial institution by all fairness, responsible approach and quality service that’ll create long-term value for all of our stakeholders.
Mission
Impact the lives of millions of Indian Micro, Small, and Medium-sized business consumers through sustainable financing solutions.
Values
To make a significant difference in the lives of millions of small businesses. MaaPahari would always maintain high standards of ethics and openness in all its dealings.
30 years of underwriting
with patience and prudence
1995
A mercantile house
Incorporated in Kolkata as a trading and mercantile company.
2003
A licensed lender
Registered with the Reserve Bank of India as a non-banking financial company, formalising the lending the house had grown into.
2003 – FY21
The patient years
Nearly two decades of lending off shareholders' own capital. By FY21 the book stood at ₹73 crore, with borrowings barely a third of net worth.
FY24
The turn
Institutional funding lines were drawn in earnest, and the loan book jumped past ₹129 crore from ₹87 crore a year before.
FY26
Where we stand
A ₹208 crore loan book on ₹263 crore of assets, and the strongest profit in six years.
