Shikhar empowers communities by providing financial services and livelihood opportunities to the underprivileged segments of our society. We extend microcredit and other financial services to families, providing them greater economic stability and contributing to the overall socio-economic development of communities. Our core service is income-generation microfinance loans ranging from INR 15,000 up to 80,000 rupees, repaid over a period of 12-36 months. Our borrowers are empowered to move beyond subsistence living; they are redeemed from debt traps; they begin saving and are able to provide safe shelter for their families and send their children to school. Families and communities are strengthened through supportive collaboration with each other and our staff.
Shikhar Microfinance Pvt. Ltd. (SMPL) is a non-deposit taking non-banking finance company (NBFC-MFI) regulated by the Reserve Bank of India.
Boards of Directors
Mr. Satyavir Chakrapani
Mr. Vinoy Thomas
Mr. Vijay Pandey
Locations
Shikhar is headquartered at New Delhi and currently manages its portfolio through its banking correspondent partners. It currently operates in 24 branches based out from New Delhi [NCR], Western Uttar Pradesh and Haryana.
Portfolio and Clients
At December of 2022, Shikhar Microfinance manages a portfolio of more than 115 crores and has more than 54,000 clients.