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SHIKHAR MICROFINANCE PRIVATE LIMITED
True to our vision we have been empowering lives through our initiatives. The Micro-finance arm has impacted over 150,000 households with over INR 500Cr ($62M) in disbursements since 2009. Our clients are the livelihood entrepreneurs in the urban and peri-urban slums of Delhi and neighbouring states of UP, Rajasthan, Haryana and Uttarakhand.
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BUSINESS CORRESPONDENT MODEL
Partnerships with leading NBFCs and Financial Institutions have enabled us to empower livelihoods through the agency model. The success of the model enables us to partner with more FIs and enter new markets.
Micro lending to the urban and rural poor for business enhancement purposes alleviates the hardships the target segment is challenged everyday. Keeping them away from the informal money lending at high interest to providing adequate credit at crucial times helps the micro-business owner to tide the difficult times.
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