From a tractor salesman to running a multi-crore AUM NBFC—Jitendra Tanwar’s journey in impact lending

Quick Summary:

Namdev Finvest empowers entrepreneurs and rural communities through specialised loans for MSMEs, e-rickshaws, and solar panels.

These products are currently available in four states—Uttar Pradesh, Delhi, Rajasthan, and Gujarat—where Namdev Finvest has financed around 5,000 e-rickshaw customers.

Today, Namdev Finvest has over Rs 1,300 crore in assets under management, most of which is distributed to NBFCs from eight states—Rajasthan, Gujarat, Madhya Pradesh, Haryana, Delhi, and Uttarakhand.

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Article Details

Author / Journalist: Sayan Sen

Category: StartupsEconomyBusiness

Markets: India

Topics: Small Nbfcs Tanwar Company Solar Loans Loan Started Lending Namdev Finvest

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 03:00:51 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1043 words

Reading Time: 6 minutes read

Sentences: 48 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23542528

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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