Overview

Jacinth Finvest Limited (Jacinth or Company) is a Public Limited Company registered with Reserve Bank of India as non-deposit taking Non-Banking Financial Company serving the Micro and Small businesses segment since 2007. The prime objective of the company is to ensure adequate and timely credit to MSEs (Micro and Small Enterprises) who traditionally lack access to finance and banking services to scale up and grow their business.

The company has secured license from the Reserve Bank of India under section 45 IA of the Reserve Bank of India for carrying financial services and is classified as an Investment and a Loan Company.

Jacinth offers secured and unsecured lending product under the brand name of “SRUJAN Loans”. Jacinth has established an effective Centralized Loan Approval Mechanism (CLAM) with technical assistance from World Women Bank & Deutsche Bank. Further, Jacinth has developed an Indigenous credit score card to assess and appraise the business and analyze entrepreneurs’ ability and willingness to repay the loan. Jacinth strive to achieve quick delivery of the loan to the clients and maintain a good performing portfolio with timely recoveries.

Vision

To create an impact by providing value added financial and support services to the Micro and Small entrepreneurs. To become a viable financial institution by developing sustainable communities.

Mission

To nurture people with diverse talents, ideas and create strong relationships within communities by providing financial and support services for viable, productive and income generating enterprises which are traditionally excluded from the formal credit system.

To achieve financial inclusion by increasing the outreach of banking and financial services thereby providing access to various financial services, which is a requisite to employment, economic growth and poverty reduction.

Values

Jacinth adopted TICK value approach while engaging with the stakeholders, these values are ingrained in all our systems and processes. These are core to our organization.

  • Transparent: Will be transparent in all our dealing with customers, employees, lenders and other stakeholders.
  • Inclusive: We include customer at every step to support and facilitate in selecting the most appropriate products and services.
  • Customer Centric: Jacinth will focus on building customer centric products and processes that enable customer satisfaction.
  • Knowledge: We strongly believe that to build excellence, an organization needs to continuously build knowledge. We at Jacinth learn from our stakeholders and try to make necessary changes in the organization to stay relevant.