Satin Creditcare Network has received a senior loan facility of $5 million from Oesterreichische Entwicklungsbank - OeEB, Austria through External Commercial Borrowing channel. Earlier in November 2019, the company also signed a $15 million bilateral credit facility agreement with OeEB to finance income-generating and income-increasing activities of female small-scale and subsistence entrepreneurs in India.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.