CreditAccess Grameen
CreditAccess Grameen is a microfinance company based in India that specializes in providing financial products and services primarily to women from rural and low-income households. The company offers a range of microcredit loans designed for various purposes, including income generation, family welfare, home improvement, and emergencies. In addition to lending, CreditAccess Grameen provides micro insurance services that encompass life and health insurance, as well as access to a national pension scheme. The company also emphasizes non-financial support through services such as enterprise development, financial literacy promotion, basic health and nutrition education, and training focused on women's rights and gender issues. Operating solely within India, CreditAccess Grameen serves its clients through a structure of Joint Liability Groups, fostering community support and empowerment among women.
Madura Microfinance
Acquisition in 2019
Madura Microfinance is a customer-focused microfinance institution dedicated to serving economically active rural women in Tamil Nadu and other states including Maharashtra, Karnataka, Kerala, Bihar, and Orissa. The organization specializes in providing unsecured microfinance loans to women self-help groups, as well as individual loans, to enhance financial inclusion. By offering both financial and knowledge-based services, Madura aims to increase household and small business incomes for its clients, thereby fostering economic growth in rural and semi-urban areas.
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