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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.

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generat<strong>in</strong>g <strong>in</strong>come activities for<br />

low-<strong>in</strong>come households. His<br />

ethics helps him <strong>to</strong> make a good<br />

relationship with officials of the<br />

banks and f<strong>in</strong>ancial <strong>in</strong>stitutes. This<br />

help <strong>in</strong> rais<strong>in</strong>g fund from numerous<br />

f<strong>in</strong>ancial <strong>in</strong>stitutes and banks. He<br />

has been moni<strong>to</strong>r<strong>in</strong>g the activities<br />

and complied with guidel<strong>in</strong>es of<br />

regula<strong>to</strong>ry authorities.<br />

Mak<strong>in</strong>g a Mark<br />

On account of his ability and<br />

knowledge, the Manag<strong>in</strong>g Direc<strong>to</strong>r<br />

of the company was nom<strong>in</strong>ated by<br />

SIDBI for undergo<strong>in</strong>g tra<strong>in</strong><strong>in</strong>g on<br />

Strategic Response <strong>to</strong> Risk <strong>in</strong><br />

Microf<strong>in</strong>ance Markets at Boulder<br />

Institute of Microf<strong>in</strong>ance at<br />

Wash<strong>in</strong>g<strong>to</strong>n DC . <strong>The</strong> activities of<br />

Night<strong>in</strong>gale Charitable Society were<br />

acknowledged by the North Eastern<br />

Development F<strong>in</strong>ance Corporation<br />

Ltd.<br />

<strong>The</strong> society is awarded with a<br />

certificate of excellence <strong>in</strong> 20<strong>10</strong><br />

excellence <strong>in</strong> Enterprise creation<br />

and contribution <strong>to</strong> the growth of<br />

the economy <strong>in</strong> the N.E Region.<br />

<strong>The</strong> company has bagged award as<br />

the best microcredit f<strong>in</strong>ance<br />

company <strong>in</strong> Assam. <strong>The</strong> company<br />

also awarded as Best NBFC <strong>in</strong><br />

North Eastern Region by MSME<br />

<strong>Bank<strong>in</strong>g</strong> Excellence Award. In this<br />

connection the Government of<br />

India, Department of Home Affairs<br />

telecasted a documentary <strong>in</strong><br />

Doordarshan Titled # Purbottar ke<br />

Sitare # (Star of the Northeast)<br />

for half an hour highlight<strong>in</strong>g all<br />

our activities for the society <strong>in</strong> the<br />

northeast as a mark of their<br />

recognition.<br />

Mak<strong>in</strong>g the world a better place<br />

<strong>to</strong> live-<strong>in</strong><br />

Night<strong>in</strong>gale is also engaged <strong>in</strong><br />

Social activities like health<br />

check-up camps, cleanl<strong>in</strong>ess<br />

programs, AIDs awareness, benefits<br />

of forestry, etc. <strong>The</strong> microcredit<br />

activities of the Company have<br />

extended <strong>to</strong> un-served areas where<br />

other MFIs are not assessed <strong>to</strong> the<br />

areas. <strong>The</strong> company is provid<strong>in</strong>g<br />

services <strong>to</strong> areas where banks or<br />

other MFIs are not adequate <strong>to</strong><br />

provide f<strong>in</strong>ancialsupport.<br />

Night<strong>in</strong>gale is successful <strong>in</strong><br />

transform<strong>in</strong>g the lives of many<br />

unprivileged people. <strong>The</strong> company<br />

is dedicated <strong>to</strong> raise the <strong>in</strong>come of<br />

poor people and uplift their f<strong>in</strong>ancial<br />

condition. <strong>The</strong> company has<br />

<strong>in</strong>spired many poor people <strong>to</strong><br />

become an entrepreneur by<br />

provid<strong>in</strong>g f<strong>in</strong>ancial assistance,<br />

necessary tra<strong>in</strong><strong>in</strong>g and cont<strong>in</strong>uous<br />

counsel<strong>in</strong>g by our dedicated staff<br />

members.<br />

<strong>The</strong> Road Ahead<br />

Progress<strong>in</strong>g forward with a positive<br />

approach, the company’s aim is <strong>to</strong><br />

provide microcredit <strong>to</strong> 1 million<br />

families by the end of 2025. <strong>The</strong><br />

company is also expand<strong>in</strong>g its<br />

activities <strong>to</strong> entire states of N.E<br />

Region. <strong>The</strong> company is<br />

implement<strong>in</strong>g the technology of<br />

m-pose company spice money for<br />

cashless transaction. Night<strong>in</strong>gale<br />

will cont<strong>in</strong>ue <strong>to</strong> deliver best <strong>in</strong> class<br />

microcredit services <strong>to</strong><br />

underprivileged <strong>in</strong> the future s<strong>in</strong>ce it<br />

is a <strong>to</strong>ol for economic growth and<br />

poverty alleviation.<br />

We are<br />

‘’<br />

chang<strong>in</strong>g<br />

the lives of<br />

underprivileged<br />

through<br />

microcredit<br />

services<br />

|August <strong>2019</strong> 37

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