Flash Report October 2016
  • SHG

  • Gross Loan Portfolio(Rs.Cr): 415.23
  • Active Groups: 23,017
  • Active Borrowers: 2,14,740
  • Branches: 96
  • JLG

  • Gross Loan Portfolio(Rs.Cr): 14.96
  • Active Groups: 2,121
  • Active Borrowers: 10,995
  • Branches: 7

Belstar signs agreement with WaterCredit Investment Fund 1, LLC USA: Belstar has signed an Agreement with WaterCredit Investment Fund 1, LLC USA in May 2016 in the form of External Commercial Borrowings to facilitate microloans to low income individuals and micro-entrepreneurs for the purpose of water and sanitation improvements.

About Belstar Investment and Finance Private Limited

BELSTAR INVESTMENT AND FINANCE PRIVATE LIMITED is a highly developmental and socially oriented NBFC-MFI working closely with Hand-in-Hand India (HiH) in achieving its vision of alleviating poverty through job creation and integrated community development.

Belstar is a Non Deposit taking NBFC acquired by the Hand in Hand group in September 2008 to provide scalable microfinance services to entrepreneurs nurtured by Hand in Hand India's Self-Help Group (SHG) Programme. Belstar has successfully transitioned to a profitable and high-potential MFI (Microfinance Institution) with low credit risk.

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