MoneyWorks4Me

Satin Creditcare Network, Hero Cycles disburse 87,000 bicycles to women in India

20 Jul 2021 Evaluate

Satin Creditcare Network (SCNL) was successful in disbursing 87,000 bicycles to women in association with Hero Cycles. Satin undertook this strategic initiative with an aim to enhance the mobility and livelihood of these women as well as to promote gender equality. The provision of cycles with the help of Satin’s bicycle loan opens various avenues for these women as they can have better access to education, healthcare, and employment.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

Peers
Company Name CMP
Power Finance Corpn. 328.00
REC 300.00
NHIT 168.00
Satin Creditcare Net 223.65
IFCI 67.34
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