There are a lot of people residing in this world who opt for taking a loan whether it’s an educational loan or any other type of loan. But loans are not approved easily, also a lot of people still are not covered by the formal banking system. To resolve this issue microfinance came into existence, it is a type of banking service that is provided to unemployed or low-income groups and individuals especially to people who have no access to credit in the official Banking System. Here in this article, we will be discussing such platforms, one of them is Satin. To know more about this platform, you can refer to Satin Login.
Satin Creditcare Network Limited
Satin Creditcare Network Limited is a Non-Banking Finance Company, Licensed by The RBI. The company offers financial requirements for excluded households at the bottom of the pyramid. It is a renowned online platform for learning and loan management and offers a straightforward login process. It is a microfinance Institution in the country. Satin LMS login can be accessible from anywhere with an internet connection thereby fostering a global learning community, making it an ideal choice for both individuals seeking skill development and organizations aiming to enhance their staff capabilities. It also provides a wide range of courses and flexible learning options.
Pahal Financial Services
Pahal is a Non-Banking Financial Corporation based out of Ahmedabad. This organization offers micro credit services to vulnerable women living in rural areas.
This platform provides different services to poor women which are as follows:
- Group Loan
- Individual Loan
- Two-Wheeler Loans
- Cattle Loans
Pahal Financial Services is basically for the purpose of micro business units, low-cost house building, setting up irrigation systems etc.
Muthoot Microfin Ltd
Muthoot Microfin Limited is one of the leading and fast-growing microfinance institutions in India. This company is focussed on providing micro-loans to women entrepreneurs with a focus on rural regions of India. This platform provides financial services to unprivileged and disadvantaged people, living in the rural sectors of the Indian society at affordable terms.
Conclusion
Providing loans to the rural sectors of the society is one of the major steps. There are a lot of platforms like the satin creditcare that provides the facility of providing loans to the needy people of India who easily can’t open a bank account. The microfinance provides services of loan to the economically weaker sections of the society.
