SHARE, one of the largest microfinance institutions in India, started its operations for the poor in 1989 as a not-for-profit society. It is the first microfinance institution (MFI) in India to obtain a Non Banking Financial Company (Non Deposit) licence. Since its inception, SHARE has nurtured a vision to provide financial services to people in the low income communities
SHARE has adopted a for-profit approach to create social returns by channelling funds from development institutions and commercial banks as collateral-free loans to Joint Liability Groups (JLGs).
To improve the quality of life of the poor by providing access to financial and support services and to be a viable financial institution developing sustainable communities.
To mobilise resources in order to provide financial and support services to the poor, particularly women, for viable productive income-generating enterprises enabling them to reduce their poverty.
• To provide financial services predominantly for poor women.
• To create self employment opportunities for the underprivileged.
• To train the rural poor in simple skills and enable them to utilise all available resources and contribute to employment and income generation.