NeoGrowth releases its Social Impact Report for FY 2016


The best way to find yourself is to lose yourself in the service of others

– Mahatma Gandhi.

NeoGrowth’s Social Impact Report 2016 demonstrates our long term vision of supporting entrepreneurs financially across various domains and verticals. The report is compiled basis individual case studies and surveys which highlights the social impact created by our initiatives and reaffirms our commitment towards building a robust ecosystem for the SME sector in India.

images_x2NeoGrowth strongly believes that the loans we give should create a positive impact and help in solving the needs of our customers. We have remained committed to a result oriented approach and this reflects positively on our customer relationships.
In FY 2016 we have helped more than 1970 merchants and retailers and are looking forward to serving more customers and create a difference in their lives.

NeoGrowth evaluated the Social Impact caused by its lending activity by conducting customer surveys and interviews. This activity is done through a third party agency who conducts an independent survey on a random sample basis, chosen by them.
The report also captures varied impacts of NeoGrowth in terms of job creation and retention, women empowerment as well as the key factor of financial inclusion. The fact that our merchants were able to improve their credit profile after availing financial assistance from NeoGrowth, is a matter of great pride for us.

Another key satisfying factor for us is the customer growth stories that have been shared in the Social impact report, The voice of our customer is resounding with comfort that they have with NeoGrowth and how our loans have actually helped them grow their business.

images_x3The fact that merchants could move ahead in life and grow their business , improve their credit worthiness as well as employ the best in class services and manpower for their businesses , with the help of NeoGrowth’s financial assistance, gives us the confidence on our ideologies and strength to carry on our initiative with much more vigour & energy.

Click here to download the entire report