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 shifted its focus as a microfinance institution. Satin provides loans to both the urban and rural poor to meet their productive requirements in starting new businesses or growing existing businesses. The company’s urban microfinance operation is based on the individual/mutual-liability model and serves clients throughout Delhi, Uttar Pradesh, Punjab Haryana, Rajasthan and Uttarakhand. The rural microfinance operation is based on the Nobel-prize winning Grameen Bank, Joint Liability Group (JLG) model and currently operates in the state of Uttar Pradesh, Rajasthan and Madhya Pradesh. The company is listed on the Delhi, Jaipur and Ludhiana (all Indian) stock exchanges.

Satin has proven itself to be a leading microfinance institution in Northern India. The company has

a mission to scale up its microfinance operations while remaining dedicated to the clients we are serving. We embrace the double-bottom line approach by focusing on both social and financial performance. We firmly believe that microfinance is a potent tool to alleviate poverty.