SHRIRAM FINANCE CORPORATION PVT. LTD

Creating access to financial services for micro-, small and medium enterprises

India

Shriram Finance Corporation Pvt. Ltd (SRFCPL) was founded in Chhattisgarh in 2004 and registered as a non-banking financial company (NBFC) four years later. From its headquarters in Raipur, SRFCPL manages a number of branches located in semi-urban, rural and remote areas. The company focuses on financial inclusion among lower and middle-income classes in areas with limited access to financial services.

SRFCPL has been an Oikocredit partner since 2018. The company offers a range of vehicle financing for motor bikes, cars and tractors, loans for micro-, small and medium enterprises, and micro loans. SRFCPL is the only NBFC in Chhattisgarh that offers asset financing.

In addition to its financial activities, SRFCPL is committed to ensuring that the projects it funds do not damage the environment. In order to increase its social impact, SRFCPL has set up an NGO which runs projects aimed at improving the livelihoods of local communities, such as eye check-ups for schoolchildren, visits and donations to nursing homes and tree-planting events.