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Community Organizations Swarna Pragati
Swarna Pragati
Swarna Pragati
Acronym
SPHM
Private sector
Phone number
91 712 258 5800

Location

142 Golcha House, New Colony, Byramji Town
Nagpur
Maharashtra
India
Working languages
inglés

Swarna Pragati Housing Microfinance Private Limited is a Financial Services Company Based in Delhi

Members:

Resources

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Swarna Pragati

General

Swarna Pragati is India’s first affordable rural housing microfinance company and aspires to build a society where everyone has a house in which to live with dignity. The organization aims to be the preferred provider of innovative financial solutions for housing in India, particularly to low-income households and women in rural and semi-urban areas. Swarna Pragati understands that low-income households, particularly those in rural areas, seldom have clear legal land titles and may lack a traditional financial and credit history. Swarna Pragati makes financing more accessible to individuals in these areas by not requiring a title to guarantee a loan and by assessing the borrower’s creditworthiness using a unique, non-traditional methodology.