Svatantra Microfin: A next-gen microfinance entity

A next-gen microfinance entity offering differential banking solutions in Assam, Svatantra Microfin has provided extensive support to its women borrowers lead a stable life.

A resident of Gohpur village in Assam, Phulmoni Gour Sahu determined to improve their financial condition. Phulmoni became a member of Svatantra Microfin and received her first loan. She bought cows with that money and started selling milk. When she started making profits, she repaid her first loan amount. As she had a desire to restart their eatery stall, Phulmoni intends to borrow more money to expand her eatery stall. A single parent living at Satboinay village in Assam, Khinna Marak improved her life with a little support from Svatantra Microfin. She became a member of Svatantra Microfin and utilized the amount to start her fruit stall in the Agia market near her village. She is content with her earnings and the flexibility that her business offers her. Her earnings have improved significantly. Now she can support the education of her children without any worries.

Thus, the Microfinance industry including Svatantra Microfin has been playing a vital role in transforming the lives of many aspiring women in Assam by helping them become financially independent.

By editor

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