Micro Finance

Posted on Dec 07, 2016 | Hits: 20 | Stock No: #9856
Country:   India
Region:   Karnataka
City:   Bangalore
Pin / Zip:   560019

Dhaksha Rachana Charitable Trust (DRC
Trust) is the only MFI (Micro Finance Institution) to be based in the
state of Karnataka, which works on NOT FOR PROFIT with NO INTEREST on loan given to the borrowers, its located in Bangalore.

DRC Trust was formed with a focus on
providing microfinance services to urban and rural unemployed youths and
unfunded enterprises micro and small businessmen, in the reserved
geographies of Southern India, at Karnataka.

There are thousands of profitable small
and micro businesses across India which is locked out of the financial
system. Though these micro enterprises employ hundreds of people, their
biggest barrier to growth is lack of access to capital. We came together
because we believed we could overcome this financing challenge and
unlock a massive business opportunity. We have harnessed technology to
keep our transaction costs low and designed smart processes to
efficiently screen the applicants. Managed by bankers from large
multinational and private banks and some of the best micro finance
organizations in India, we bring the best of both the worlds – sound
business practices from around the world and deep understanding of micro
enterprises in India

Contact Info
Contact Name: B R Prasad
Address: #114,1st Floor,Hayavadana Road,Gavipuram Extn,Near ramakrishna Ashrama,Bangaluru-560019
Phone: 08026620019
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