Credit provider to entrepreneurial women in India
DSC_1124

Annapurna Microfinance

Investment

Annapurna Microfinance provides credit and insurance to entrepreneurial women in Eastern and Central India.

Annapurna Microfinance uses the group lending model which encourages women to partake in joint liability, not only holding each other accountable to the loan repayment but also to generating success within their individual businesses.

By providing financial and non-financial services, such as guidance to running a business in addition to credit support, women are given the opportunity to improve their socio-economic well-being.

Impact figures 2016

Number of loan clients

822,479

Percentage female clients

100%

Percentage rural clients

86%

Average loan amount

EUR 186

The financing from Triodos Microfinance Fund and Triodos Fair Share Fund aims to grow Annapurna’s agricultural activities and to assist the institution in developing the agricultural product offering.

Related articles