Satya Microcapital Ltd.

New Delhi, Delhi-NCR

Company details

Banking/Financial Services
Number of workers:

Company Description

Satya MicroCapital Limited (SATYA) is a Delhi based “NBFC” which is in the Process of deriving its status from NBFC to NBFC-MFI. The current Board of SATYA consist of four members including Managing Director - Mr. Vivek Tiwari (a seasoned Microfinance Professional). SATYA started its microfinance operations by adopting the “Joint Liability Group (JLG) Model” with adequate use of technology and new adaptations. The entire model is strengthened with High Touch and High Technology. The Company has started its microfinance operation from Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done on 1st November, 2016. Today, SATYA is ready to expand its wings in 7 States and 30 Branches through cashless collections and disbursements. In Microfinance Industry, SATYA is a new hope which is driven by maximum digitization and cashless transactions. SATYA is trying to provide the solutions and way forward for the Microfinance Industry through its different operational approach. SATYA believes that the operational model of the Company will be one of the most efficient and client centric model having capacity to change the dynamics of Microfinance Industry. During FY 2017-2018 its going to establish 30 branches in 30 Districts in 7 States i.e. Punjab, Haryana, Rajasthan, Uttar Pradesh, Uttarakhand, Chhattisgarh and Bihar.

Satya Microcapital Ltd.

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