Credit Access Grameen Limited IPO

Credit Access Gramen Ltd (CAGL) is a leading Indian micro-finance institution headquartered in Bangalore, focused on providing micro-loans to women customers predominantly in Rural Areas in India. Its wide range of lending products addresses the critical needs of its Customers throughout their life cycle and includes income generation, family welfare, home improvement and emergency loans. CAGL’s customer-centric business model, wide range of product offerings, as well as its well-designed product delivery and collection systems, has enabled to achieve high customer retention rates and low credit costs. It focus predominantly on Customers in Rural Areas in India, who largely lack access to the formal banking sector and present a latent opportunity for offering micro-loans.