| Microfinance Loans | Small unsecured personal loans to low-income clientele primarily in rural and semi-urban India | Extensive rural footprint, deep borrower relationships, strong risk management, diversified funding base, regulatory compliance | Primarily B2C serving low-income women and households in 19 states across India | Core microfinance lending with high repayment rates; secured loan products via Criss Financial | 2355 | 100 | Interest income on loan disbursements, fees, and loan servicing charges | Interest rate-based on loan amount and tenure, standard NBFC-MFI pricing with regulatory caps | Rising demand for affordable credit, expanded branch network, improved collections, and increased disbursement velocity | Spandana Microfinance Loan Products, Criss Financial Loan Products |
