Business Correspondent for lenders

We are a authorised Business Correspondent (BC) engaged by banks and NBFCs to offer microfinance solutions to women borrowers organised as joint liability groups (JLGs) or Self Help Groups (SHGs).

We enable our lending partners to expand their outreach, and achieve financial inclusion strategy at low cost, as setting up a brick-and-mortar branch in villages and small towns may not be viable for them. As agents of our lenders, we ensure thorough compliance, due diligence and requisite safeguards to maintain high credit standards.

We take great pride in forming women JLGs/SHGs in a responsible manner. This begins with adequate training on financial literacy and credit discipline before credit is extended to them. This has helped us to deliver collateral free micro loans while maintaining near zero default rates. You will notice from the adjoining process map, that lending with multiple objectives of financial inclusion, livelihood creation, collateral free loans and excellent asset quality is indeed exhaustive!