PREFACE



Satin was formed in 1990 as a Non-Banking Finance Company (NBFC) with the simple concept of providing individual loans to urban shopkeepers to purchase generators for their businesses. Since that time, the company has expanded and evolved into one of the leading microfinance institutions in North India. Satin provides loans to both the urban and rural poor to meet their productive requirements in starting new businesses or growing existing ones. The company’s microfinance operation is based on the individual and group liability models. The company currently serves clients throughout Bihar, Chandigarh, Delhi, Haryana, Jammu ,Madhya Pradesh, Punjab, Rajasthan,Uttar Pradesh and Uttrakhand . Satin is listed on Delhi, Jaipur and Ludhiana (All India) stock exchanges.

FOOTPRINTS ! NEWS MAGAZINE

icon Satin Creditcare Network Ltd. crosses Rs.1,000 crore for the FY 2013-2014
icon NMI Fund III KS invests Rs. 28.44 crore in Satin Creditcare Network Ltd.
icon CARE rated BBB- (Triple B minus) Cumulative Non-Convertible Compulsory Redemable Prefrence Shares (CNCRPS) issue aggregated to Rs. 7.50 Crore to Satin Creditcare Network Ltd.
icon CARE has reaffirmed the rating of CARE BBB (Triple B) assigned to Satin Creditcare Network Ltd. for long-term bank facilities enhanced from RS.600 crore to Rs.800 crore in the month of February, 2014
icon Satin Creditcare Network Ltd is now REGISTERED NBFC MFI w.e.f 6th November 2013
icon Satin Creditcare Network Ltd. Has been endowed with MFTransparency seal of Pricing Transparency by mftransparency.org
icon Satin Creditcare Network Ltd. celebrates 5,00,000 Members!
icon CARE has upgraded the grading from MFI 2 to MFI 2+ in the month of July 2013.
icon CARE has upgraded Basel II Rating CARE BBB- (Triple B minus) to CARE BBB (Triple B) in the month of June 2013
icon Satin Creditcare Network Ltd. Has been awarded with Silver MFI Award by MIX Market Silver MFI Award
icon Satin Creditcare Network Ltd. is on MIX
icon IFMR Securitization Press Release :
icon Satin Creditcare Network Ltd. organized Blood Donation Camp- "Rakt Daan- Jeevwan Daan" Blood Donation Camp 24th December 2010 Blood Donation Camp Photo Gallery
icon A Campaign organized by Satin on Global Hand Wash Day Hand Wash Day
icon Satin Creditcare Network Ltd. organized lends helping hands to the Flood affected in UP Helping hand to Flood affected
icon Satin Creditcare Network Ltd. Has been nominated as a finalist for Emerging MFI Award at the 2009 Srijan Microfinance forum
icon Keya Sarkar: Two credit firms show the way
icon 9 Small is big for Smart Satin’ - Civil Society
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