Swadhaar's mission is to make available, responsible and efficient financial services to economically vulnerable and underserved urban households, enabling them to attain financial security and meet their aspirations.

Key Indicators as of September 2014
Active Borrowers: 35,154
Average Loan: $96
Amount Loaned: $16,795,000
Active Portfolio: $3,362,000


Swadhaar FinServe Private Limited (SFPL) is a Non Banking Financial Company (NBFC) that was set up in 2008 with the objective of providing the urban poor increased access to financial services.

Swadhaar began 2013 as a Systemically Important Company after crossing a balance sheet size of Rs. 1000 mn. In March of the same year, Swadhaar’s credit rating was upgraded by CRISIL to mfR “3” on a scale of 1 (highest) to 8 (lowest). Swadhaar is now one of the few MFIs in India having a mfR3 scale. To position for future growth, Swadhaar has also applied to the banking regulator, RBI, for an MFI-NBFC license.

Accion provides capacity building support and technical assistance to Swadhaar through the secondment of the Chief Executive Officer, Chief Financial Officer amd a team of technical assistance providers. Accion holds a 38% stake in Swadhaar and holds two seats on the board.


Swadhaar FinServe Private Limited
Tenement 1/3 & 1/4, Old MHB Colony, 
Anand Nagar,
Nehru Road
, Santacruz (East), 
Majarashtra, India - 400 055

Tel:  +91 22 6137 8700

Website: www.swadhaar.com