Anilkumar SG. Founder & CEO | Samunnati
Samunnati ended up being the overwhelming range of the jury into the social enterprise category for the sheer scale and complexity regarding the challenges that the nonbanking finance business (NBFC) is trying to tackle in agricultural finance through its distinctive market-linkage model.
The fintech loan provider, which runs into the niche intersection of agri technology and finance, has disbursed loans well well well worth over Rs 4,200 crore, serving 4 million little farmers across 112 districts in the united states since its inception in 2014.
“It is difficult to not ever acknowledge the scale of Samunnati versus the other people right right here. It is simply running at a tremendously various scale,вЂќ said an associate for the jury. The panel acknowledged not merely just just exactly what it’s accomplished, but in addition the prospective for development.
The business’s social objectives in bridging the credit space through efficient utilization of technology additionally aligns with all the government’s economic addition mandate through various schemes of Digital Asia.
Founder and CEO Anil Kumar, a veteran banker with more than 27 several years of experience, stated the NBFC has followed a growth-oriented approach to enable the agriculture community.
“If this recognition for Samunnati inspires a generation of young entrepreneurs to go into the company of farming finance, that might be the best acknowledgment he said, adding that the market for growth and creating meaningful social impact is limitless for us.