To facilitate a financially empowered, independent society

WeGrow works in the financial inclusion space providing microloans & promoting entrepreneurship amongst the vulnerable section of the society.

Overview

Wegrow India is a dedicated organisation on a mission to foster financial inclusion and holistic development among the underprivileged sections of society, with a special focus on women. Our vision is to create a financially inclusive society where quality financial services and comprehensive development initiatives uplift the lives of those in need, particularly in the eastern and northeastern states of India.

Performance Highlights

(As of March, 2024)

State

2

Districts

8

Branches

31

AUM (Cr.)

91.47

Borrowers

30,959

Total Staff

192

Products & Pricing

This loan is exclusively for poor women in underserved areas who run small businesses or income-generating activities but lack the capital to do so.

Prerona

This loan is specifically designed for underprivileged women engaged in business or income generating activities with elevated financial needs.

Ananya

WeGrow created a special loan for people in poverty to help them get clean water and better sanitation.

Water & Sanitation

This product is made specifically for small businesses, start ups, and self-employed professionals to grow their businesses

MSME

WeGrow Interest Rate for Microfinance Loans for Quarter 4 (January - March 2024)

Microfinance Loan Products

Min Interest rate p.a

Max. Interest rate p.a

Average Interest rate p.a

Prerona

27%

Ananya

27%

MSME

27%

Water & Sanitation

27%

Success Stories

Sumitra Barman, a 54-year-old from Falakata, Alipurduar district, West Bengal, borrowed ₹50,000 from WeGrow Financial Services Pvt. Ltd. in 2020. This loan helped her establish a successful grocery and cosmetic shop, ensuring her family's well-being and her children's education. Despite fierce market competition, Sumitra's hard work paid off, making her financially independent. She continues to be a member of WeGrow, securing a ₹60,000 loan to expand her business and maintain her optimism for future income growth.

Sumitra Barman

News Update

Hiring For Company Secretary

We are in the process of appointing a Company Secretary to join our WeGrow team. Eligible and desirous candidates may drop his/her resume to the mentioned email ID. For any other queries call our given number. Do you have the expertise to ensure corporate governance, regulatory adherence and company law? we would like to hear from you.

Apply Now!

Global Inclusive Finance Summit
2023

WeGrow received prestigious Vijayalakshmi Das Award for Small and Emerging Microfinance organization, at Global Inclusive Finance Summit 2023, in New Delhi, on 12th December, instituted by ACCESS Development Service in partnership with HSBC.

The company has been recognised for its commitment to ethical business practices, transparency, impactful initiatives, and sustained dedication, and responsible lending, setting a benchmark for industry standards.

Vijayalakshmi Das Award

WeGrow received prestigious Vijayalakshmi Das Award for Small and Emerging Microfinance organization, at Global Inclusive Finance Summit 2023, in New Delhi, on 12th December, instituted by ACCESS Development Service in partnership with HSBC.

The company has been recognised for its commitment to ethical business practices, transparency, impactful initiatives, and sustained dedication, and responsible lending, setting a benchmark for industry standards.