Press Releases from Spandana Spoorthy (1 total)
Spandana reduces 3% interest on agri-family loans
Hyderabad, October 07, 2010: Spandana, one of the largest microfinance companies in India, has scaled up its Agri-family loans (titled Dharani, these loans are given to small, marginal and tenant farmers for agriculture purpose). It has disbursed over Rs.500 crore to small and marginal farmers till September 30, 2010, after successfully completing a three-year pilot run in Andhra Pradesh.
In the last one-year, the company has reduced the interest rates charged…
