Company profile
Spandana Sphoorty Financial Limited
- Industry
- Financial Services
- Employees
- 4,814
- Headquarters
- Hyderabad, Telangana
- Founded
- 1998
- LinkedIn followers
- 58,940
- Office locations
- 1
Spandana Sphoorty Financial Limited company summary
Spandana Sphoorty Financial Limited is a company in the Financial Services industry, headquartered in Hyderabad, Telangana, founded in 1998. On LinkedIn the company has around 4,814 employees and 58,940 followers.
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About Spandana Sphoorty Financial Limited
Spandana Sphoorty Financial Limited (SSFL) has been operating as a Non-Banking Finance Company (NBFC) incorporated under the Companies Act, 1956 and licensed by the Reserve Bank of India under the Reserve Bank of India Act, 1934 to carry on the business of a Non-Banking Financial Institution without accepting public deposits. With the release of NBFC- Micro Finance Institution (NBFC-MFI) as a new category of NBFCs, the company has been reclassified as NBFC-MFI effective April 13, 2015. The micro-credit program of Spandana started in 1998 when Spandana operated as a Society (Spandana Urban and Rural Development Organisation – SURDO). Later, it formalized itself into an NBFC (SSFL). Spandana’s lending program is committed to strengthening the socio-economic status of low-income households – particularly women – in rural and urban areas by providing financial services continually to improve livelihoods, establish identity and enhance self-esteem. Spandana follows both the group-based and the individual micro-credit lending model wherein in both models, the loans are given to individuals based on their household economics. Besides micro-credit, it has other products – like – Farm Equipment, loans against Gold jewellery, etc. For more information, please visit us at www.spandanasphoorty.com
Where is Spandana Sphoorty Financial Limited located?
Spandana Sphoorty Financial Limited lists 1 location.
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| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
Spandana Sphoorty Financial Limited spandanasphoorty.com | Financial Services | 4,814 | 1998 | Hyderabad, Telangana |
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Frequently asked questions about Spandana Sphoorty Financial Limited
What does Spandana Sphoorty Financial Limited do?
Spandana Sphoorty Financial Limited (SSFL) has been operating as a Non-Banking Finance Company (NBFC) incorporated under the Companies Act, 1956 and licensed by the Reserve Bank of India under the Reserve Bank of India Act, 1934 to carry on the business of a Non-Banking Financial Institution without accepting public deposits. With the release of NBFC- Micro Finance Institution (NBFC-MFI) as a new category of NBFCs, the company has been reclassified as NBFC-MFI effective April 13, 2015. The micro-credit program of Spandana started in 1998 when Spandana operated as a Society (Spandana Urban and Rural Development Organisation – SURDO). Later, it formalized itself into an NBFC (SSFL). Spandana’s lending program is committed to strengthening the socio-economic status of low-income households – particularly women – in rural and urban areas by providing financial services continually to improve livelihoods, establish identity and enhance self-esteem. Spandana follows both the group-based and the individual micro-credit lending model wherein in both models, the loans are given to individuals based on their household economics. Besides micro-credit, it has other products – like – Farm Equipment, loans against Gold jewellery, etc. For more information, please visit us at www.spandanasphoorty.com
How many employees does Spandana Sphoorty Financial Limited have?
Spandana Sphoorty Financial Limited has around 4,814 employees on LinkedIn.
Where is Spandana Sphoorty Financial Limited headquartered?
Spandana Sphoorty Financial Limited is headquartered in Hyderabad, Telangana.
When was Spandana Sphoorty Financial Limited founded?
Spandana Sphoorty Financial Limited was founded in 1998.
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