For many households in the rural and semi urban villages of India, access to affordable financial services is a distant dream due to their remote setting. Fincare Lok bridges this distance by bringing financial products to their very doorstep, partnering in their journey to a lifetime of progress.
Fincare Lok is a management services company that acts as a channel partner to banks furthering the financial inclusion of households which are located beyond the existing network of the partner banks. Established in October 2012, the company leverages its business and operating capabilities to reach out to these financially excluded masses in rural and semi urban areas of India through a variety of select financial products. Lok's core activity is micro lending to self-employed women for income generation purposes using Self-Help Group (SHG) and Joint Liability Group (JLG) Methodology.
Currently, Fincare Lok, Partners with four leading banks and once NBFC-MFI in India, to facilitate a lifetime of progress at the base of pyramid, through affordable financial services.