https://belstar.in/
Sector: | Finance |
Entry year: | 2018 |
Fund: | Maj Invest Financial Inclusion Fund II K/S |
Ownership: | 11% |
Other shareholders: | Companies and capital funds |
CEO: | Dr. Kalpana Sankar |
Chairman: | Dr. Kalpana Sankar |
Maj Invest contact: | David Paradiso |
Revenue: | USD 53.2m |
EBITDA: | |
Employees: | 2876 |
Business model
Belstar is an Indian Non Banking Financial Company – Microfinance Institution (NBFC-MFI), founded in January 1988, and dedicated to provide group loans to women. Belstar is fully regulated by the Reserve Bank of India (RBI), is non-deposit taking, and primarily provides agricultural loans via Self-Help-Groups (SHG) or Joint Liability Groups (JLG) products.