Oikocredit International

Sindhuja Microcredit Pvt Ltd is a digital and rural-focused microfinance institution based in Patna, India, established in 2017. The company specializes in providing credit products, particularly microfinance and micro-enterprise loans, aimed at supporting self-employed women entrepreneurs at the bottom of the economic pyramid. Sindhuja Microcredit serves a diverse clientele across rural, semi-urban, and urban areas, offering financial services that facilitate liquidity assistance for entrepreneurs and small businesses. In addition to its core offerings, the company plans to expand its services through third-party partnerships to include insurance, pension, and other financial products, further enhancing the support available to its customers.

YoFio specializes in financial solutions aimed at facilitating business growth through credit. The company has developed a microcredit application that allows customers to make purchases at informal corner stores. This app enables users to scan QR codes for product details and authorizes purchases while notifying the store. By partnering with these corner stores, YoFio provides credit facilities and establishes credit lines for store customers, allowing them to buy products or services on credit and pay in installments. This innovative approach helps enhance purchasing power for consumers while supporting local businesses.

MyCredit is a non-banking financial institution based in Nairobi, Kenya, that specializes in providing a range of financial services. The company offers various types of loans, including business and salary loans, as well as guarantees such as bid bonds and performance bonds. Additionally, MyCredit provides leasing services and a comprehensive suite of insurance products. These insurance offerings encompass motor insurance, personal accident coverage, burglary insurance, liability insurance, fidelity guarantee, money insurance, agriculture insurance, and domestic package insurance, as well as travel insurance. By catering to diverse financial needs, MyCredit aims to support individuals and businesses in managing their financial risks and enhancing their economic opportunities.

Yellow is a fintech company dedicated to delivering impactful products and services to rural households through a wide-reaching sales network. The company specializes in the last mile distribution of affordable pay-as-you-go solar home systems, targeting low-income communities. By offering accessible energy solutions, Yellow aims to improve the quality of life for these households, promoting both financial inclusion and sustainable energy use in underserved areas.

Tienda Pago is a merchant support platform designed to facilitate weekly merchandise purchases for small merchants in emerging markets. By offering a mobile cashless payment system, it enables traders to finance consumer goods and manage inventory more effectively. The platform operates on a closed-loop payment mechanism that leverages mobile technology, allowing merchants to transact without cash and incentivizing them to purchase high-demand products on credit. This approach not only enhances sales and profit margins for traders but also fosters a collaborative ecosystem among distributors and merchants. Tienda Pago aims to reduce transaction inefficiencies and costs, ultimately benefiting all participants involved in the supply chain.

BizCapital provides loans to SMEs without access to large banks through an evaluation machine that analyzes and ranks each request in a few seconds, analyzing the variables digitally, enabling customers to get loans to operate business through an online lending platform.

Aashiyaan Housing and Development Finance Pvt. Ltd. is a housing finance company based in Kolkata, India, established in 2016. It specializes in providing micro housing finance solutions to individuals in the informal sector, including low-income groups such as grocery shop owners, taxi drivers, and small entrepreneurs. The company offers a range of financial products, including loans for self-construction, home purchases, repairs and extensions, as well as loans against property. By focusing on the underserved population in semi-urban and rural areas of eastern India, Aashiyaan Housing aims to facilitate affordable housing ownership and improve living conditions for its clients.

Tienda Pago is a merchant support platform designed to facilitate weekly merchandise purchases for small merchants in emerging markets. By offering a mobile cashless payment system, it enables traders to finance consumer goods and manage inventory more effectively. The platform operates on a closed-loop payment mechanism that leverages mobile technology, allowing merchants to transact without cash and incentivizing them to purchase high-demand products on credit. This approach not only enhances sales and profit margins for traders but also fosters a collaborative ecosystem among distributors and merchants. Tienda Pago aims to reduce transaction inefficiencies and costs, ultimately benefiting all participants involved in the supply chain.

Sulaxmi Finance Private Limited (SFPL) [previously known as Heathrow Investments Private Limited (HIPL)] is a non-deposit taking NBFC, duly regulated by the Reserve Bank of India (RBI). SFPL operates under the brand name of “Sulaxmi”, which translates to “well-intentioned wealth” in Hindi. Presently, SFPL is solely dedicated to urban microfinance, chiefly in Northern India. The chief promoter of SFPL is Dr. Sunita Sharma, a social worker, teacher and writer of national fame, who has been felicitated by the President of India.