MISSION
Organize the poor and providing financial and non-financial services, in a sustainable and convenient manner to enable a better quality of life.
VISION
To be a valued service provider of the financially weaker section those who have limited access to mainstream organizations including Bank.
OBJECTIVES
To carry on the business of marketing of all types of banking products and services of public and private sector banks, and other financial institutions.
CLIENT CASE STUDY
HARIPRIYA MEHER
Haripriya Meher, a resident of Ambadula village of Bhawanipatna decided to start her own business to support her family. Her husband worked as a mechanic in a garage. They had two school going children and her in-laws in their family. Giving good education to her children was the only motto of Haripriya.
After getting to know about microfinance companies, how they are providing with small loans for 12-24 months to women so that they can get engaged in some income generating activities, she applied for a loan from Samparna Business Correspondence Pvt. Ltd. After getting the loan amount, she started her paper plate making business. She purchased a semi-automatic plate making machine, good quality scrap papers, polythene sheets & paper cutter. She started the business in her home and sold the plates in the market earning a profit of Rs.10 per packet of plates. Overall, she earned around Rs.5000 a month initially and was comfortable in repaying her loan.
OPERATIONAL STRATEGY
METHODOLOGY
Samparna will follow the credit methodology as decided by the BC partner mostly Joint Liability Group/Self Help Group lending wherein the loans are disbursed to the members of the group after ensuring joint liability...Read More
AREA SURVEY & BRANCH FORMATION
We had done the area survey and Branch area selection using a scientific tool wherein we review the Credit Bureau data, number of MFIs working in the area, source of income of the households, ...Read More
ORIGINATION AND SOURCING
Our Field staff and Branch Manager do common meetings in the villages and slums wherein the do share the vision, mission and goal, eligibility criteria of the member and various products of BC ...Read More
AT A GLANCE
States
Branches
Employees
Active Clients
Portfolio Outstanding