Microfinance institutions in India
- Free
- Published date: April 9, 2024
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- New Delhi, Delhi, India
Microfinance institutions in India play a crucial role in fostering financial inclusion and empowerment, particularly among the underprivileged segments of society. These institutions offer a range of financial services, including small loans, savings accounts, insurance, and remittance facilities, catering to the diverse needs of individuals and small businesses in both rural and urban areas. With a mission to alleviate poverty and promote sustainable development, microfinance institutions leverage innovative approaches and technology to reach the unbanked and underserved populations. Through their inclusive lending practices and community-based initiatives, they empower women, enable entrepreneurship, and drive socio-economic progress at the grassroots level. Despite facing challenges such as regulatory compliance, credit risk management, and sustainability concerns, microfinance institutions continue to expand their outreach and impact, contributing significantly to India's inclusive growth agenda.
Address- 1:- H-1, C Block, Community Centre, Naraina Vihar, New Delhi – 110028
Address- 2:- Plot No. 86, Institutional Sector 32, Gurugram, Haryana – 122001
+91-124-6910500 | +91-124-6910600
customercare@fusionmicrofinance.com
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