Field Officer
Spandana Sphoorty Financial Ltd
tadipatri
Rs.23000 - Rs.25000
About the Company
Spandana Sphoorty Financial Limited is a rural-focused Non-Banking Finance Company (NBFC) and Microfinance Lender (NBFC-MFI) in India. They primarily serve low-income households, particularly women, with a focus on income-generating loans under the Joint Liability Group (JLG) model. The company also offers other financial products like Loan Against Property (LAP) and Nano Enterprise Loans.
Key aspects of Spandana Sphoorty Financial Limited:
- Focus: Rural-focused, serving low-income households, particularly women.
- Microfinance: Provides small-value unsecured loans under the Joint Liability Group (JLG) model.
- Other Products: Offers Loan Against Property (LAP) and Nano Enterprise Loans through its subsidiary, Criss Financial Ltd.
- Growth: Initially started as an NGO in 1998 and later converted to an NBFC in 2004, becoming an NBFC-MFI in 2015.
- Geographic Presence: Operates with a large branch network across multiple states in India.
- Subsidiary: Criss Financial Ltd provides LAP and Nano Enterprise loans
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