Belstar Investment and Finance Private Limited
Belstar, founded in January 1988, is an Indian Microfinance Institution. It provides agricultural loans to women through Self-Help Groups or Joint Liability Groups. Regulated by the Reserve Bank of India, it is non-deposit taking.
Investment rationale
Belstar has a strong management team and likeminded shareholders ready to tap into the Indian financial inclusion market.
The Indian economy is expected to maintain strong growth. In both rural and urban India, over 164 million households lack access to credit, with an estimated microcredit demand of USD 37 billion.
Country: India
Website: https://belstar.in/
Responsible partner: David Paradiso
Fund: Maj Invest Financial Inclusion Fund II K/S