About Us

Aasra Fincorp provide loan in a Joint Liability Group (JLG) lending model of Grameen and also the Micro Enterprise Loan (MEL) model to individuals for business purpose. Aasra Fincorp started its micro finance lending since 2017. Under JLG model our clients comprises 100% of women living in rural, urban and semi-urban areas, whereas MEL model consists all genders. Our focus is reaching out to unbanked and providing financial services to entrepreneurs in tier 3 cities, specially women belonging to the economically and socially deprived section of the society. Our responsibilities are not restricted merely to financial support but also to acquaint the clients to manage their financials by disseminating financial literacy to them. Aasra Fincorp believes in robust business practices, transparent polices expressed in our customer centric efforts towards our clientele. Our lending was started with a single branch in Allahabad and presently we have five branches across two states and a corporate office at Okhla Industrial Estate New Delhi. Aasra Fincorp has a well experienced team to run the business effectively.
In the year 2021 we diversified into BC partnership (Business Correspondence) model whereby we manage funds for larger NBFCs looking to tap markets with JLG and MEL products. As the service providers we survey and identify the regions with client potential through a well tested meticulous processes, then disburse, monitor and collect loans for these NBFC clients. We currently have BC partnership with Avanti Finance Private Limited and is in advance stage of engaging with more NBFC partnership.