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CreditAccess Grameen Ltd. (India)

Main Activities: Other Nondepository Credit Intermediation
Full name: CreditAccess Grameen Ltd. Profile Updated: November 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

CreditAccess Grameen Ltd. is a microfinance institution based in Bangalore, India. The company focuses on providing micro-loans to women customers, primarily in rural areas across the country. It operates in 353 districts in 14 states and one union territory in India through 1,826 branches. The company's promoter is CreditAccess India B.V., a multinational company specializing in micro and small enterprise financing. The company offers various products, including microfinance group lending, microfinance individual lending, retail finance, and distributor products. It has a strong presence in the micro-lending sector in India, with over a decade of experience. The company is commonly referred to as "Grameen Koota" by its customers, which means "rural group" in Kannada.

Legal Address
New No.49 (Old No 725),, , 46th Cross, 8th Block
Bangalore; Karnataka; Postal Code: 560071

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Website: http://www.creditaccessgrameen.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 12, 1991
Key Executives
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Chief Executive
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Vice President
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Vice President
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Director
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Director
Ownership Details
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66.54%
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12.84%
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10.76%
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6.71%
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2.03%
Company Performance
Financial values in the chart are available after CreditAccess Grameen Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
29.23%
Total operating revenue
29.23%
Operating profit (EBIT)
22.65%
EBITDA
22.6%
Net Profit (Loss) for the Period
14.12%
Total equity
0.3%
Operating Profit Margin (ROS)
-3.7%
Net Profit Margin
-3.48%
Return on Equity (ROE)
30.21%

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