Operational Update
As of September 30, 2009 Satin reached 85,722 clients. However, this number is rapidly increasing due to ambitious expansion and growth plans. Currently there are 6 divisions and 36 branches in the rural operation and 50 cities and 43 branches in the urban operation. The rural business alone anticipates reaching 1.5 lakh (150,000) clients and doubling the current number of divisions and branches by the end of the financial year in March 2010. The repayment rate for the rural vertical is 100% since inception.
Satin Creditcare Network Ltd. (Branches in India)
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News and Comments
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Satin name as a finalist for Srijan 2009 Emerging MFI Award – December 2009
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Satin is conducting a Social Performance Assessment (SPA) with EDA rural systems– December 2009
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Satin has been given investment credit grading "MFI 3+ ” by CARE –March 2010.
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Satin participates in Rs 308 million IFMR securitization pool to leverage funding from capital markets..
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Satin Participates in SIDBI's 20th Foundation Day Celebration.
Corporate Office.
Satin Creditcare Network Limited,
5th Floor, Kundan Bhawan,
Azadpur Commercial Complex,
Azadpur, Delhi - 110033.
Office Number: 011 - 47545000
Fax: 91 - 11 - 27671003
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