Effective and efficient business model developed by Suryoday Micro Finance

The micro-financing industry is something of a crux in the finance market. For most people, that is unable to secure loans they could get that from the micro-finance industry. However, one needs to get themselves to a wonderful micro-finance company that does not have any sort of scam associated with a name. Herein, enters Suryoday Micro Finance, a wonderful company that has been in business for a long time. They have a certain business model, and they always operate to make sure that they can distribute loans to the customers that would reside within 10 km radius of their operating branch. They need an effective carpet coverage area within the first 5 km radius, as well as an extended coverage that would span to the next 5 km radius.

They would like to build a presence in such a town or city that would be able to meet the specific criteria that they require. Some of them have been mentioned below.
1.    Very pleasant and safe operating environment
2.    A wonderful law and order situation
3.    Social issues to be taken up by the active NGOs in the local environment.
4.    Tremendous opportunity for talent to be attracted within that particular radius.
5.    Excellent healthcare facilities in the nearby area.
6.    Government agencies that is supportive.
7.    A very effective makes of Urban/ semirural/ rural locations in the area.
8.    A cost of living that is reasonable.

Suryoday Micro Finance has already begun its operations in Pune, and continues to be looking to expand its operations to some other selective markets. Building footprints and creating new branches to serve people has always been the mainstay of Suryoday Micro Finance, and they would aim at doing so. They currently have operations in states of Maharashtra, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, Orissa and Tamil Nadu.