Satin Creditcare Network Limited is a non-deposit accepting non-banking financial company. The Company is engaged primarily in providing micro-finance services to women in the rural areas of India who are enrolled as members and organized as joint liability groups (JLG). It offers a diversified portfolio of financial products and services to the financially disadvantaged through its operations across India. Its microfinance services include income generation loan (IGL) and water, sanitation and hygiene loan (WASH). Its micro, small and medium enterprises (MSME) loans are focused on lending to merchants, retailers, service providers, salaried and self-employed professionals, and lending to corporate institutions. It is engaged in financing third party products, such as solar lamps, bicycles, consumer durables, including home appliances, mobile phones, and others. The Company, through its subsidiary, Taraashna Financial Services Limited, is engaged in the business correspondent activity.
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