The Think Tank behind the incorporation of one of the leading microfinance institution – Mr. H.P. Singh was working as a chartered accountant in Delhi in year 1988. While conducting audit at Sriram Honda (a generator set manufacturer) he came across a paanwala (a vendor selling “paan” which is preparation of betel leaf combined with areca nut and/or cured tobacco), purchasing a small television set on a rent-to-own scheme in which an individual pays Rs. 10 per day for a given period of time and then eventually takes ownership of the item. After watching more and more people participating in the scheme, Mr. Singh wondered if he could use the same concept to provide generator sets for business use, particularly low income households who were otherwise unable to make lump sum investment on capital goods. At that time, Citibank was the only traditional financial institution offering small, unsecured loans to individual entrepreneurs. Mr. Singh believed that the relatively simple generator funding idea could be replicated into a sustainable and viable business idea to cater large number of un-served and under-served population at the bottom of the pyramid (BOP). Loans provided to the low income households have lasting impact on their livelihood pattern with increased income potential, sustained and predictable cash-flow and thereby improves the societal well being of the households.

Evolution of a Social Enterprise 'SCNL'

(Click here to Zoom)

All information above is Based on Calendar Year;
(A) On consolidated basis with prior periods on standalone basis as TSPL acquisition was effective Sep 1, 2016


Gross Lending Portfolio (Rs. bn)   No. of Branches
No. of States of Operation (Standalone)   No. of Districts (Standalone)
No. of Employees   No. of Loan Officers
Total no. of Active Clients   JLG loans - Average Ticket Size (Rs.)
*Active clients refer to unique number of clients and not to number of loan accounts as on a date, since in some cases, a single client has availed more than one offering from SCNL or TSPL. The definition of Active Client base is valid for each of the entities respectively, however there could be customers who might have availed a loan from both SCNL and TSPL.

Latest News

  • Mr. HP Singh speaks to BTVI on Q3FY18 results and SCNL quarter Performance - Feb 15, 2018 (Know More)
  • Mr. HP Singh speaks to CNBC on Q3FY18 results & More - Feb 15, 2018 (Know More)
  • Satin Creditcare Network registers 30% YoY growth in gross loan portfolio- The Economic Times - Feb 14, 2018 (Know More)
  • Satin Creditcare Q3 net up 28 pc to Rs 21.6cr- Business Standard - Feb 14, 2018 (Know More)
  • Satin Creditcare comes up with stellar performance- Dalal Street Journal - Feb 14, 2018 (Know More)