Friends Capital Services Limited

Friends Capital Services Limited was founded as a Non-Banking Finance Company and was officially registered by the Reserve Bank of India. Its main focus is on micro-finance businesses, with a special emphasis on providing loans to women-run self-help groups in rural areas of India. The company operates in multiple districts, including Varanasi, Jaunpur, Chandauli, and Mirzapur, all located in the state of Uttar Pradesh. Currently, FCSL serves a total of 8,000 clients, all of whom have benefited greatly from their services. The idea for FCSL was born when a group of friends noticed the lack of financial support available to women in rural communities. They saw the potential for these women to become self-sufficient and contribute to the growth of their communities, but they lacked the nec... Read More

Friends Capital Services Limited was founded as a Non-Banking Finance Company and was officially registered by the Reserve Bank of India. Its main focus is on micro-finance businesses, with a special emphasis on providing loans to women-run self-help groups in rural areas of India. The company operates in multiple districts, including Varanasi, Jaunpur, Chandauli, and Mirzapur, all located in the state of Uttar Pradesh. Currently, FCSL serves a total of 8,000 clients, all of whom have benefited greatly from their services. The idea for FCSL was born when a group of friends noticed the lack of financial support available to women in rural communities. They saw the potential for these women to become self-sufficient and contribute to the growth of their communities, but they lacked the necessary resources. This inspired the founders to establish a company that would provide micro-loans to these women, allowing them to start their own businesses and improve their standard of living. After obtaining the necessary approvals from the Reserve Bank of India, FCSL began its operations. The company's mission is to empower women and promote financial inclusion in rural India.Read Less

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