SATYA MicroCapital Limited, a leading microfinance institution in India, is driving financial inclusion for rural women in Assam through its collateral-free loan model. The company has supported over 1.6 million women across rural and semi-urban India, enabling them to start small businesses and achieve financial independence.
In Biswanath, Sumitra Devi, once a homemaker, became an entrepreneur with a ₹40,000 loan from SATYA. Unable to access formal credit due to lack of collateral, Sumitra launched a tailoring business from her home. With steady repayments, she qualified for higher loans, expanded her inventory, and now earns about ₹1,100 per day. She has also built savings and financial management skills.
The impact of such microenterprises is also visible in Guwahati. As demand for fabrics and tailoring materials grows, women entrepreneurs like Sumitra are increasingly sourcing supplies from the city’s wholesale hubs. This has led to a noticeable uptick in local trade activity, especially in textile and sewing-related sectors. SATYA MicroCapital’s initiative highlights the growing role of microfinance in promoting grassroots entrepreneurship and strengthening local economies by bridging the credit gap for women often overlooked by traditional financial institutions.
