Grameen Koota is a regulated non-banking financial company, headquartered in Bangalore, India. The institution is primarily active in the southern state of Karnataka. Grameen Koota’s core business is the provision of income generating group loans to women. Grameen Koota also offers loans for health care, education and recently started offering housings loans.
Triodos Microfinance Fund and Triodos Fair Share Fund have provided a lon to Grameen Koota. This fits their ambition to be involved players in India’s growing microfinance sector, which is an important medium to promote rural entrepreneurship and women empowerment.
KEY INDICATORS as of 31 December 2015:
- number of loan clients: 1,029,271
- percentage female clients: 100%
- percentage rural clients: 71%
- average loan amount: EUR 244
- number of savings clients: -