is to promote a large number of sustainable livelihoods,
including for the rural poor and women, through the
provision of financial services and technical assistance
in an integrated manner. BASIX will strive to yield
a competitive rate of return to its investors so as
to be able to access mainstream capital and human
resources on a continuous basis.
In pursuit of its complex mission, BASIX has had to
experiment and innovate constantly. This complexity
is reflected in the corporate structure of BASIX,
which comprises a range of companies to address a
diverse set of tasks :
Samruddhi Investments and Consulting Services Ltd
(BASICS Ltd), the holding company, through which equity
and debt investments are made in the group companies:
Samruddhi Finance Ltd (Samruddhi), an RBI registered
NBFC, owned by major financial institutions and engaged
in micro-credit and retailing insurance and providing
technical assistance services to some of its borrowers.
Bhima Samruddhi Local Area Bank Ltd, an RBI licensed
bank providing micro-credit and savings services in
Indian Grameen Services (IGS), a section 25, not-for-profit
company engaged in research and development and training
related to livelihoods.
Nano Finance Ltd (Sarvodaya), an RBI registered NBFC,
owned by womens self-help groups, and managed
by BASICS Ltd.
Unit Office :: B/41 Somnath
Jaipur, Agra Road,
Dausa-303303 Tel : 01427-223199