the word Swadhaar means
and is the reflection of the company’s mission to make available responsible and efficient financial services to economically vulnerable and underserved urban households, enabling them to attain financial security and meet their aspirations.
|Launched in 2008, Swadhaar FinServe Pvt. Ltd. (“Swadhaar”) is a Non-Banking Finance Company* engaging in urban microfinance. Headquartered in Mumbai, Swadhaar is among the earliest initiatives aimed at providing financial services to India’s economically active urban poor.
Prior to launching Swadhaar FinServe, Swadhaar’s promoters established a non-profit entity, Swadhaar FinAccess (SFA), in 2005. Although Swadhaar’s founders began microcredit activities under SFA, the organisation transferred its lending portfolio to Swadhaar FinServe in 2008. SFA now focuses solely on credit-plus products and services, including financial education, insurance and savings facilitation.
*An application for deregistration of the Company as Non Banking Financial Institution has been submitted with Reserve Bank of India (Department of Non Banking Supervision) on October 21, 2015.
For more information on SFA, please visit www.swadhaar.org