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Ownership Pattern: As on November 11, 2017
Description No. of Shares Shareholding (%)
RBL Bank Limited 33,070,640 60.48
ACCION Africa Asia Investment Company 19,650,000 35.94
Resident Individual 1,564,273 2.86
Founder and Founder Family 3,95,000 0.72
Total 54,679,913 100.00

*This is the investment vehicle through which ACCION International has invested in Swadhaar

ACCION International is a private, not-for-profit organisation with the objective of giving people the financial tools they need - microenterprise loans, business training and other financial services - to work their way out of poverty. Since its founding in 1961 in Venezuela, ACCION has grown into one of the most widely recognised microfinance organisations in the world. ACCION brings microfinance to millions of people around the world through its partner organisations spread across Latin America, Africa, Asia and the United States. In the past decade, ACCION-affiliated organisations have disbursed over USD 17 billion to 6.5 million individuals worldwide. By providing technical assistance, equity financing, loan guarantees and governance to its partner organisations, ACCION aims to improve those partners' operational efficiency and, ultimately, their financial sustainability. ACCION has won numerous accolades and received much recognition in the field of development, including Fast Company's "Social Capitalist Award" for the past five consecutive years and Charity Navigator's coveted four-star rating for the last two consecutive years.

ACCION provides technical support to Swadhaar through a number of initiatives in lending methodology, product development, risk management and information technology. It has deputed four specialists at Swadhaar as the Chief Operating Officer, Chief Finance Officer, Chief Risk and Strategy Officer, and Chief Manager of Credit and Risk.

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