SATIN CREDITCARE NETWORK
Satin Creditcare Network provides financial assistance to households, excluded from the ambit of mainstream financial service providers. The company offers financial products in the Non-MFI segment, a housing finance subsidiary, and business correspondent services, and similar services to other financial Institutions through Taraashna Services Limited, a business correspondent company and a subsidiary of Satin Creditcare Network. The company also incorporated a housing finance subsidiary which i... s Satin Housing Finance Limited or SHFL for providing loans to the affordable housing segment. This extension is to provide financial products that cater to the undeserved segments of the market. The company's operations is based on the Joint Liability Group model, which enables people to deliver collateral-free, microcredit facilities to economically active women in rural and semi-urban areas, who have limited access to mainstream financial service providers. It also offers loans to individual businesses and MSMEs, product financing for the purchase of solar lamps, as well as loans for the development of water connections, and sanitation facilities. Satin Creditcare Network focuses on rural and semi-urban areas, securing that its services reach those regions that usually face low or at best, moderate rates of penetration by other microfinance institutions. Satin Creditcare Network was founded in 1990 and is headquartered in Gurugram, Haryana, India.
SATIN CREDITCARE NETWORK
Industry:
Banking Finance Financial Services
Founded:
1990-01-01
Address:
Gurgaon, Haryana, India
Country:
India
Website Url:
http://www.satincreditcare.com
Total Employee:
5001+
Status:
Active
Contact:
0124-4715400
Email Addresses:
[email protected]
Total Funding:
135.3 M USD
Technology used in webpage:
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Current Advisors List
Current Employees Featured
Founder
Stock Details
Acquisitions List
Date | Company | Article | Price |
---|---|---|---|
2017-07-29 | Taraashna Services | Taraashna Services acquired by Satin Creditcare Network | N/A |
Investors List
BlueOrchard Finance S A
BlueOrchard Finance S A investment in Post-IPO Debt - Satin Creditcare Network
Microfinance Initiative for Asia Debt Fund SA
Microfinance Initiative for Asia Debt Fund SA investment in Post-IPO Debt - Satin Creditcare Network
Japan ASEAN Women Empowerment Fund
Japan ASEAN Women Empowerment Fund investment in Post-IPO Debt - Satin Creditcare Network
UTI International
UTI International investment in Post-IPO Debt - Satin Creditcare Network
Development Bank of Austria
Development Bank of Austria investment in Post-IPO Debt - Satin Creditcare Network
responsAbility
responsAbility investment in Post-IPO Debt - Satin Creditcare Network
FMO
FMO investment in Post-IPO Debt - Satin Creditcare Network
Asian Development Bank
Asian Development Bank investment in Post-IPO Equity - Satin Creditcare Network
SBI Ven Capital
SBI Ven Capital investment in Private Equity Round - Satin Creditcare Network
Frontline Strategy
Frontline Strategy investment in Private Equity Round - Satin Creditcare Network
Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2021-12-13 | Rupyo | Satin Creditcare Network investment in Corporate Round - Rupyo | N/A |
Official Site Inspections
http://www.satincreditcare.com Semrush global rank: 8.39 M Semrush visits lastest month: 319
- Host name: 219.90.67.20
- IP address: 219.90.67.20
- Location: India
- Latitude: 20.0063
- Longitude: 77.006
- Timezone: Asia/Kolkata