Grameen Koota is a regulated non-banking financial company, headquartered in Bangalore, India. The institution is primarily active in the southern state of Karnataka. Grameen Koota’s core business is the provision of income generating group loans to women. Grameen Koota also offers loans for health care, education and recently started offering housings loans.
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a lon to Grameen Koota. This fits their ambition to be involved players in India’s growing microfinance sector, which is an important medium to promote rural entrepreneurship and women empowerment.
KEY INDICATORS as of 31 December 2016:
- number of loan clients: 1,398,928
- percentage female clients: 100%
- percentage rural clients: 76%
- average loan amount: EUR 300
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.