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SHARE Microfin
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SHARE (Society for Helping Awakening Rural Poor through Education) Microfin Limited was established with the mission of empowering poor women in rural and semi-urban areas by providing them with access to credit and other financial services. Founded in 1999, it grew to become one of India's largest microfinance institutions, primarily using the Joint Liability Group (JLG) model to offer income-generating loans. In 2017, SHARE Microfin Limited merged with Spandana Sphoorty Financial Limited, another major player in the microfinance sector, to create a larger and more robust entity. The combined organization continues the mission of financial inclusion under the Spandana brand.
India
Industry
Financial
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