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samasta microfinance limited
Information by Research TrustFinance
Founded in March 2008, Samasta Microfinance Limited is a microfinance institution with a mission to empower women from unbanked segments of society by providing them with timely and affordable micro-loans. The company primarily follows the Joint Liability Group (JLG) model, where a group of women collectively guarantee the repayment of loans. In 2017, Samasta became a subsidiary of IIFL Finance Limited, a leading diversified financial services group in India, which has significantly enhanced its operational scale and reach. The company focuses on fostering financial inclusion and supporting micro-entrepreneurship across India.
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