What is it ?

It is a Non-Banking Financial Company (NBFC) registered under the companies Act, 1956-non deposit taking company. It is a company promoted by microfinance professional.

Nimisha

Nimisha

Nimisha

How it started ?

The company was acquired during the year 2009-10. Its registered office is in Lucknow. The company has provided financial services to poor rural/semi urban families to enable them to augment income-generating activities. It also provides insurance products by collaborating insurance companies to assist in asset development, as well as a complementary loan product for special emergencies.

Operations

The company has operations, even though limited in districts of Uttar Pradesh.


Grievance Redressal

A grievances redress cell is set up within the staff and also, the company follows fair practices code generously.

Financial Requirement

The company takes care of financing requirement of middle class urban families through medium & small loans for one/two year duration.

KYC

The company adopts Know Your Customer (KYC) norms.