Pioneering microfinance institution, focused on urban poor with presence across 23 states and union territories.
Headquartered in Bengaluru, it was set up in 2005 by Samit Ghosh, an ex-banker with over three decades of banking experience at the helm of Citibank and Bank of Muscat.
Has integrated a social development dynamic into its business model through its Social Development Programs, started in 2010. Under this program, a portion of the company’s profits is allocated to all mature branches (operating for more than 1 year) for initiatives in the areas of Child Welfare and Development, Infrastructure, Healthcare and Disaster Relief.
In FY 2013-14, 225 social development programs primarily in the areas of Community Infrastructure, Water Hygiene and Sanitation, and Healthcare, touching over 3.4 lakh lives.