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.