Satin Creditcare Network Limited

Satin Creditcare Network Limited (SCNL) is a prominent microfinance institution in India established in 1990. With a strong foothold in 26 states & union territories and around 86,000 villages, SCNL's mission is to serve the financially under-served community with a comprehensive range of products and services. Their commitment to gender empowerment is evident in their strategic partnerships and innovative use of technology. In April 2017, SCNL expanded its services by incorporating a wholly-owned housing finance subsidiary - Satin Housing Finance Limited (SHFL), aimed at providing loans in the affordable housing segment. Additionally, in January 2019, SCNL received a separate NBFC license to commence MSME business through Satin Finserv Limited. The company's last investment of INR750.00MPost-IPO Debt investment at 08 March 2022 attracted investments from notable entities including BlueOrchard Finance S A, Microfinance Initiative for Asia Debt Fund SA, Japan ASEAN Women Empowerment Fund. As of March 2022, SCNL operated 1,393 branches and boasted a headcount of 12,896, serving around 34.7 lakh clients. With a strong track record and a clear vision for growth and impact, SCNL presents an intriguing investment opportunity in the finance, financial services, and banking industries.