IIFL Samasta Finance Limited

Founded in 2008 and acquired by the IIFL Group in 2017, IIFL Samasta Finance Limited is a systemically important NBFC-MFI registered with the Reserve Bank of India. The company's core mission is to promote financial inclusion and empower women from economically weaker sections of society by providing them with access to credit. It operates on a joint liability group (JLG) model, offering micro-loans for income-generating activities, as well as other financial products like consumer durable loans and micro-insurance, primarily to women in rural and semi-urban areas across India.