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The 10 Most Trusted Non-Banking Financial Companies to Watch in 2019_compressed

Insights Success introduces "The 10 Most Trusted Non-Banking Financial Companies to Watch in 2019", in order to assist the business to choose the right companies.

Insights Success introduces "The 10 Most Trusted Non-Banking Financial Companies to Watch in 2019", in order to assist the business to choose the right companies.

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asic requirements of the poor and<br />

underprivileged communities for the<br />

expansion of their respective bus<strong>in</strong>ess<br />

and generates more <strong>in</strong>come. <strong>The</strong><br />

company provides MSME Loan <strong>to</strong><br />

small entrepreneurs or small bus<strong>in</strong>ess<br />

owners for their various f<strong>in</strong>ancial<br />

needs. Over the year 199 clients are<br />

benefited through this loan.<br />

Low-Cost Hous<strong>in</strong>g Loan- Adhikar<br />

addresses the hous<strong>in</strong>g f<strong>in</strong>ance need of<br />

the poor and underprivileged and offers<br />

low-cost hous<strong>in</strong>g loan/house<br />

improvement loan with an easy<br />

repayment provision.<br />

Micro-<strong>in</strong>surance- Though poor are<br />

vulnerable <strong>to</strong> workplace <strong>in</strong>juries, only<br />

a few of them are covered under<br />

formal <strong>in</strong>surance. <strong>The</strong> company’s all<br />

of the cus<strong>to</strong>mer are covered under<br />

credit l<strong>in</strong>e <strong>in</strong>surance with jo<strong>in</strong>t life<br />

cover<br />

Mak<strong>in</strong>g a World a Better place<br />

Adhikar strives for the betterment of<br />

society through its exceptional<br />

non-f<strong>in</strong>ancial services.<br />

<strong>F<strong>in</strong>ancial</strong> Literacy- Access <strong>to</strong> formal<br />

credit along with f<strong>in</strong>ancial education is<br />

the key <strong>to</strong> f<strong>in</strong>ancial <strong>in</strong>clusion of the<br />

poor and unprivileged. Adhikar is<br />

striv<strong>in</strong>g <strong>to</strong>wards render<strong>in</strong>g f<strong>in</strong>ancial<br />

literacy <strong>to</strong> educate its cus<strong>to</strong>mers on<br />

various f<strong>in</strong>ancial services and risk<br />

management.<br />

Cloth for Work (CFW) -Cloth<strong>in</strong>g is one<br />

of the most important aspects of human<br />

life and Adhikar makes it available for<br />

the needy while keep<strong>in</strong>g their dignity<br />

<strong>in</strong>tact.<br />

Skill Tra<strong>in</strong><strong>in</strong>g for Entrepreneurship-<br />

Adhikar strongly believes <strong>in</strong> the idea of<br />

“Entrepreneurship” as the driv<strong>in</strong>g force<br />

beh<strong>in</strong>d susta<strong>in</strong>able and large scale<br />

development of the marg<strong>in</strong>alized and<br />

deprived communities. It envisioned <strong>to</strong><br />

scale-up the capacity of the youths for<br />

employment and entrepreneurship by<br />

impart<strong>in</strong>g skill.<br />

Prioritiz<strong>in</strong>g Client Needs<br />

Adhikar Microf<strong>in</strong>ance is always ready<br />

<strong>to</strong> walk an extra mile for its cus<strong>to</strong>mers.<br />

<strong>The</strong> company is creat<strong>in</strong>g best-<strong>in</strong>-class<br />

<strong>in</strong>come generation activities for low<strong>in</strong>come<br />

<strong>in</strong>dividuals <strong>to</strong> improve their<br />

quality of liv<strong>in</strong>g. With better access <strong>to</strong><br />

f<strong>in</strong>ancial services, health, hygiene and<br />

susta<strong>in</strong>able green energy, the company<br />

is ensur<strong>in</strong>g utmost cus<strong>to</strong>mer<br />

satisfaction.<br />

With the use of <strong>in</strong>novative <strong>in</strong>formation<br />

communication technology, Adhikar is<br />

serv<strong>in</strong>g a large number of cus<strong>to</strong>mers <strong>in</strong><br />

a faster, transparent, secure ways. <strong>The</strong><br />

company supports a robust and<br />

resilient service <strong>to</strong> the beneficiaries.<br />

Moreover, bus<strong>in</strong>ess processes are most<br />

efficient with the use of technology.<br />

Future Roadmap<br />

Adhikar has become the preferred<br />

lender and a partner of the cus<strong>to</strong>mers<br />

<strong>in</strong> transform<strong>in</strong>g their social and<br />

economic life. Focus on robust digital<br />

technology <strong>to</strong> reach out <strong>to</strong> more<br />

underprivileged cus<strong>to</strong>mers <strong>in</strong> remote<br />

locations with digital f<strong>in</strong>ancial services<br />

and meet<strong>in</strong>g the current needs like<br />

MSME loans, hous<strong>in</strong>g loans,<br />

au<strong>to</strong>mobile loans etc. <strong>The</strong> company is<br />

look<strong>in</strong>g forward <strong>to</strong> spread out <strong>to</strong> 6<br />

states <strong>in</strong> India. Adhikar is the only MFI<br />

<strong>in</strong> Eastern India <strong>to</strong> reach the most<br />

disadvantaged people <strong>in</strong> remote<br />

locations. We cherish this idea and<br />

further strengthen it <strong>to</strong> achieve the<br />

f<strong>in</strong>ancial <strong>in</strong>clusion <strong>in</strong><strong>to</strong> a reality. It<br />

wants <strong>to</strong> be the lead<strong>in</strong>g MFI <strong>in</strong> Eastern<br />

India work<strong>in</strong>g <strong>in</strong> most difficult<br />

locations <strong>in</strong>clud<strong>in</strong>g the conflict zones.<br />

We are<br />

‘’<br />

transform<strong>in</strong>g<br />

the lives<br />

of socially and<br />

economically<br />

backward<br />

people<br />

|August <strong>2019</strong> 23

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