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Reading: SAVE Microfinance Educates Over 150 Ladies on Accountable Borrowing and Digital Security
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StockWaves > Business > SAVE Microfinance Educates Over 150 Ladies on Accountable Borrowing and Digital Security
Business

SAVE Microfinance Educates Over 150 Ladies on Accountable Borrowing and Digital Security

StockWaves By StockWaves Last updated: May 30, 2025 5 Min Read
SAVE Microfinance Educates Over 150 Ladies on Accountable Borrowing and Digital Security
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Gaya, Bihar, thirtieth Could, 2025 – A Microfinance Consciousness Program was organized right this moment by SAVE Microfinance (an NBFC-MFI acknowledged by the Reserve Financial institution of India) on the auditorium of SAVE Tower, Asha Singh Mod, Gaya. The occasion aimed to unfold consciousness about accountable borrowing and the significance of economic literacy amongst ladies.

The Chief Visitor, Ms. Nikita Kumari, Senior Deputy Collector (Banking), Gaya, emphasised the significance of constructing a powerful credit score historical past by repaying loans on time.

She said that well timed repayments allow debtors to proceed receiving monetary assist sooner or later, which contributes considerably to bettering their financial and social well-being.

She additionally shared particulars about varied authorities schemes and appreciated the efforts of MFIN and microfinance establishments. Ms. Kumari urged ladies to take loans strictly based mostly on their wants and reimbursement capability.

Mr. Dinesh Bahadur Singh, Station Home Officer of Rampur Police Station, Gaya, was additionally current as a visitor and educated the attendees on the way to defend themselves from digital fraud.

Mr. Ajeet Kumar Singh, Co-founder and Managing Director of SAVE Group, expressed gratitude to all members and dignitaries. He remarked, “At SAVE Microfinance, we’re dedicated to empowering rural ladies by connecting them with income-generating alternatives and sustainable livelihoods.”

Mr. Sanjay Kumar, Regional Head of MFIN (Microfinance Establishments Community), knowledgeable the viewers that 31 RBI-regulated microfinance corporations are at the moment working in Gaya district. He mentioned, “Monetary literacy is an important a part of each particular person’s life. Via such initiatives, we goal to assist folks obtain their monetary targets.”

He additionally warned the viewers about unauthorized brokers spreading deceptive info in latest instances and urged them to be cautious. In case of any grievances, prospects had been suggested to contact the client grievance quantity talked about on their mortgage card.

This system witnessed the enthusiastic participation of over 150 ladies from varied blocks of Gaya district, together with representatives from totally different monetary establishments.

This occasion was a significant step towards creating financially empowered and knowledgeable ladies in rural communities.

About SAVE Microfinance

SAVE Microfinance Non-public Restricted (SMPL) is a Non-Banking Finance Firm-Micro Finance Establishment registered with Reserve Financial institution of India. SMPL is primarily centered to offer microfinance to the Ladies Entrepreneurs of Joint Legal responsibility Teams in rural India.

It’s privileged to have a extremely skilled Board of Administrators having hand-on expertise at ground-root degree. SMPL has its 360+ branches in Uttar Pradesh, Bihar, Chhattisgarh, Rajasthan, Jharkhand, Punjab, Uttarakhand, Karnataka, Tamil Nadu, Orisa,

West Bengal, Kerala, Puducherry, Madhya Pradesh, and Haryana unfold over 100+ districts. It additional leverages on the vast community of CSPs & Department community of SSPL, its holding firm, to offer companies and each cash-in & cash-out on the door step of those ladies micro-entrepreneurs.

SMPL is a fast-growing MFI and has achieved steep trajectory development in a brief span of 4.50 years. It’s quick increasing its geographical base.

Disclaimer:- This story has not been edited by SugerMint employees and offered by the company. SugerMint won’t be accountable in any method for the content material of this story.



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