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Wednesday / February 8. 2023

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HomeCompany NewsSLCM’s agri-financing NBFC arm Kissandhan disburses Rs 413.40 Mn in loans to 9600 women beneficiaries

SLCM’s agri-financing NBFC arm Kissandhan disburses Rs 413.40 Mn in loans to 9600 women beneficiaries

Kissandhan aims to impact the livelihood of small farm holders and their families

Kissandhan, India’s leading Multi Asset Agri Finance NBFC and a subsidiary of the SLCM Group, on-boards more than 9600+ women loan beneficiaries through its Business Correspondent (BC) Partnership Lending Programme and disbursed more than Rs 413.40 Million of loan to them.

Sandeep Sabharwal, CEO, SLCM Groupsaid, “Throughout our journey, we have always felt the scarcity and need for women in agriculture. Kissandhan aims to impact the livelihood of small farm holders and their families. The loan benefits to women is our next step in the process. We feel delighted and proud that our programme has crossed the mark of 9,600 women loan beneficiaries, and we wish to double this number in the coming year.”

“Kissandhan is an initiative that intends to minimise this disparity and recognise women and their significant role in livelihood generation and thus give them the desired access to capital to improve their social and economic standing”. Till date, Kissandhan has disbursed loan of Rs 25 billion and impacted about half a million farmers, Agri traders, Agri Processors etc.

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