CreditAccess Grameen Ltd. (CREDITACC)

Overview

CreditAccess Grameen Limited is a non-banking financial company focused on providing microfinance services to women from poor and low-income households across India. Initially established as Grameen Koota Financial Services Private Limited, the company underwent a name change to CreditAccess Grameen Limited in January 2018, marking a significant milestone in its growth and expansion strategy. Since its incorporation in 1991, CreditAccess Grameen has been dedicated to empowering women by offering financial solutions that support their livelihoods, improve living conditions, and ensure their welfare and security. With its headquarters in Bengaluru, India, CreditAccess Grameen operates as a subsidiary of CreditAccess India BV, highlighting its strong backing and international connectivity.

Products and Services

• Microcredit Loans:

  These are primarily aimed at income generation activities. CreditAccess Grameen offers various microcredit products tailored for home improvement, handling emergencies, family welfare, and the specialized Grameen Unnati program.

• Grameen Suraksha:

  This is a tailored life insurance product offered to clients, providing them and their families financial security in unforeseen circumstances.

• National Pension Schemes:

  Aiming to ensure long-term financial stability, the company provides access to national pension schemes, allowing clients to plan for their retirement efficiently.

• Retail Finance Loans:

  CreditAccess Grameen extends its financial services to include retail loans such as Grameen Vikas and Gruha Vikas for business and home expansion, Grameen two-wheeler loans for mobility needs, and Grameen Swarna for gold-related financing.

• Digital Lending Products:

  Understanding the need for quick and accessible financing, the company offers Pragathi digital and multi-purpose digital loans, embracing technological advancements to streamline lending processes.