Navachetana Microfin Services

Navachetana Microfin Services is a non-banking finance company based in India, providing micro-loans to underprivileged women who are excluded from traditional banking services. Founded in 1999, the company operates Fourteen branches throughout Haveri, Dharwad, Shimoga, Gadag, and Davangere districts. Loans are distributed to individuals on a group-guaranteed basis, with each Joint-Liability Group (JLG) composed of five women. This approach ensures that all individual loans are repaid in weekly installments, fostering a financially sustainable model. The loans not only impact the livelihoods of borrowers but also have positive ripple effects on their families. The ultimate vision of Navachetana Microfin Services is to create an environment of financial inclusion, where all individuals have access to income-generating opportunities and the ability to provide for their families. The company's slogan, "Sparking Hope, Building Prosperity," aligns with this vision. For more information, visit http://navachetana.in.