Overview
- About Finvesco
Finvesco is driven by a core purpose that reflects a commitment to fostering financial inclusivity and supporting specific sections of society that, while creditworthy, encounter difficulties in securing credit through traditional banking channels. The focus is on extending a helping hand to individuals or groups who may be overlooked or underserved by conventional financial institutions.
In the pursuit of this purpose, Finvesco recognizes the existence of barriers that certain sections of society face when attempting to access credit. These barriers could be attributed to factors such as the absence of traditional collateral, unconventional income sources, or other circumstances that might lead mainstream financial institutions to perceive these individuals or sectors as less economically lucrative.
The essence of Finvesco’s mission lies in overcoming these barriers and providing financial support to creditworthy individuals and sectors that may not align with the typical profiles considered by traditional banks. By doing so, Finvesco actively contributes to the broader goal of promoting financial inclusion, ensuring that a more extensive spectrum of the population has access to essential financial services.
Furthermore, the core purpose of Finvesco is deeply rooted in the belief that these seemingly less economically lucrative sectors are, in fact, indispensable for the overall development and growth of India’s economy. While they may not attract mainstream attention due to their unconventional nature, they play a vital role in the socio-economic fabric of the country. Through its commitment to providing access to adequate credit, Finvesco becomes a catalyst for the sustained development of these sectors, thereby contributing to economic growth at a grassroots level.
In essence, Finvesco’s core purpose goes beyond the conventional role of a financial service provider. It positions itself as a partner, offering not just financial support but also a guiding hand to those who, despite their creditworthiness, find themselves excluded from the formal financial and banking systems. This approach reflects a commitment to inclusive growth and development, recognizing the value of every section of society in the broader economic landscape.