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Showing posts from June, 2019

Satin Creditcare Network Limited disbursed ~1 lakh Water & Sanitation Loans in Bihar covering 7,000 villages

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Satin Creditcare Network Limited (“SCNL”), one of the largest microfinance company in the country, financed 1 lakh water and sanitation loans in Bihar. Water.org, (an international NGO working on safe water and sanitation) is the knowledge partner of SCNL for water and sanitation financing.
Present in 22 states, Satin Creditcare is empowering 3.5 million women by providing microcredit facilities to economically active women in both rural and semi-urban areas, who otherwise have limited access to mainstream financial service providers.
Talking about the achievement, Mr. Dev Verma- Chief Operating Officer, Satin Creditcare Network Limited said, “We would like to congratulate the teams of both the organizations for making this initiative a success. One of the major barriers to safe water and sanitation is affordable financing. Through this partnership, we have been trying to address this problem. Our partnership with water.org started in FY16 and since then, the organization has supported…

Sanfort expands its wings in Assam, opens new branch at Duliajan

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Satin Creditcare Network Limited supports FANI victims with relief measures to restore normalcy

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Seeing the aftermath of severe cyclone “FANI”, the management of Satin Creditcare Network Limited (SCNL) organized relief camps in the districts of Puri and Cuttack which is operated from Bhubaneswar region and adjoining areas of Puri-Ganjam which is operated from Berhampur region. SCNL distributed relief materials which included food materials, milk powder and medicines.
SCNL team covered around 2000 households immediately after the cyclone in the villages bordering of Chilika Lake in Rambha and reached out to 86 severely affected center covering 1300 villagers around Puri. Dev Verma, COO, Satin Creditcare Network Limited said, “The management team at SCNLdeeply empathizes with the people of Odisha who have suffered great losses, financially and emotionally, due to cyclone “Fani”. Our relief camps across Odisha are further to our commitment of helping the society at large and offering relief to last mile. ” “Our centers in the affected regions have resumed operations and are functional…

Seig Hall

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