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SATYA Micro Capital has secured ₹1000 million from Mizuho Bank to support women entrepreneurs.

Banking & Finance | Dated: 09 Oct 2024

New Delhi-based SATYA Micro Capital Limited, a Non-Banking Financial Company-Microfinance Institution (NBFC-MFI), has successfully raised ₹1000 million from Mizuho Bank Limited, a subsidiary of Mizuho Financial Group, Inc., based in Tokyo, Japan.

🎯 Key Highlights:

  • - This marks the first collaboration between SATYA and Mizuho Bank, enhancing its lender network.
  • - With a network of more than 550 branches spanning over 55,000 villages across 25 states, SATYA is harnessing technology as a catalyst for inducing progressive change in the lives of its clients, where it has consistently integrated cutting-edge innovations into its operations.

💡 Other Important Facts:

  • (i) SATYA focuses on enhancing financial capacity and self-sufficiency, driven by a dedicated taskforce of over 7,000 employees contributing to its growth.

📚 Test Your Knowledge:

What amount has Recently SATYA Micro Capital secured from Mizuho Bank to support women entrepreneurs?

Correct Answer: ₹1000 million

🚀 Quick Recap: