Credit Access Grameen

About the company

CreditAccess Grameen Limited is a Bengaluru-based microfinance institution offering financial products and services primarily to women in rural India. The company provides microloans through Joint Liability Groups, along with other financial products such as unsecured business loans, mortgage-backed business loans, two-wheeler loans, gold loans, and affordable housing loans. As of March 31, 2023, it operated 1,786 branches across 352 districts in nine states and one union territory. The company's product range includes emergency loans, family welfare loans, home improvement loans, income generation loans, and various retail finance options. CreditAccess Grameen also offers digital lending services and distributor products like life insurance and national pension schemes. Originally incorporated in 1991, the company has undergone several name changes and acquisitions, including the merger with Madura Micro Finance Limited in 2023. It is promoted by CreditAccess Asia N.V. and became publicly listed in 2018.