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Anik Micro-finance Institution Looking For Potential Investor

MFI NBFC is like a small bank with the same challenges and capital needs confronting any expanding small venture but with the added responsibility of serving economically-marginalized populations.

Business Name (Available after interaction) | Aurangabad Maharashtra India |Profile Listed By: Owner
  • Seeking Investment 4 Crores
  • |
  • Annual Sales/Turnover N/A
  • |
  • Gross Income N/A
Overview
Summary

Microfinance institution is an organization that offers financial services to low income people. Almost all give loans to their members, and many offer insurance, deposit and other services. We are regulated by the Reserve Bank of India (RBI)

Facilities

ANIK Financial Services Pvt. Ltd. is a Non Banking finance Company–Micro Finance Institution ( NBFC-MFI ) registered under Companies Act 1956 on 7th March 1991. It has its registered office at Latur and Head Office at Aurangabad. Economically and socially backward women are 100% shareholders of the company which is the unique feature of the company. The women have organized through Self Help Groups which have been federated to form five Community-based organizations in the name of Savitribai Phule Mutual Benefit Trust (SPMBT) in five districts. SPMBTs are a basically Federation of SHG in the respective districts registered as Mutual Benefit Trust under the Indian Trust Act and working in the micro-finance business for the last five years. The members of the SHGs federated in the MBTs (Mutual Benefit Trust) are mainly economically and socially backward community members especially Dalits. The main objective of the company is to extend the financial services to the so-far excluded community. Therefore, this is an attempt of a local organization to ensure financial inclusion of the community through an institution with local (community) governance and monitoring with the support of professionals.

Director/CEO Information
Available after Interaction
Management Information
Available after Interaction
Business Documents
Available after Interaction
Details
Establishment Year1992
Employees50-100
Entity TypePrivate Limited Company
Business Sector -
Business TypeB2C
Website
Available after interaction
Social Media Links Available after Interaction
Financial
Annual Sales N/A
EBITDAUndisclosed
EBITDA MarginUndisclosed
Inventory Value Undisclosed
Rentals Undisclosed
Gross Income N/A
Business Requirement
One-line Business Pitch
Requirement
Looking For Investment
Amount 40000000
Reason Expansion of the Business

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