SINDHUJA

SINDHUJA | Microfinance Institution

sindhujamicrocredit.com

Sindhuja, founded in 2018, is a regulated microfinance institution (NBFC MFI) providing microfinance services to low-income women with strong rural and agricultural focus under group lending methodology.

The company operates in nine states in central India and has a network of more than 220 branches. Historically, Sindhuja has limited itself to providing loans to women’s groups using the JLG methodology, with 100% of its portfolio financing rural productive activities. It has been serving small farmers primarily in rural areas and expanding into states where agriculture is the dominant sector. Currently, it supports more than 262,000 farmers and livestock raisers, with a portfolio of 80 million EUR (95% of the CPB).

ENVIRONMENT

Sindhuja takes environmental and social risks into account and has a fully operational ESG policy and environmental and social management system. The SGAS refers to the IFC Performance Standards and the World Bank Group’s Environmental and Health and Safety Guidelines, as well as the Employee and Client Grievance Redress Mechanism.