Founded in 1990, Satin Creditcare Network Limited (SCNL) is a prominent Non-Banking Financial Company - Microfinance Institution (NBFC-MFI) in India. The company's core mission is to empower underserved and unbanked populations, particularly women entrepreneurs, by providing them with microcredit and other financial products. Starting as a small operation in Delhi, SCNL has grown to become one of the largest MFIs in the country, with a significant presence across numerous states. Its business model is centered on the Joint Liability Group (JLG) lending model, which encourages financial discipline and collective responsibility among borrowers.

Founded in

India