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About Triangle
‘Triangle’ as name indicates, started the journey of being benefactor to the society in the year of 2007. Initially concentrating in Tamil Nadu where it took early leads in attending financial needs of marginalized but highly spirited working people, it gradually spread its operational wings to other states meeting the aspirations of struggling mass. Beneficiaries were women folk, with poor and low-income group but with high ambitions. Triangle nurtured it by providing them ‘Income Generating Product’ Loans so that financial stability could be achieved and the financial stability could be sustained.
In 2015, came the watershed moment in the life of ‘Triangle Micro Finance Limited’
Micro Finance Scene in India
Financial Freedom Journey
Our country has a population of 139 Crores and a population growth rate of 1.548%.As per the report published (in July 2020) by the National Population Commission, Ministry of Health and Family Welfare, India’s population in 2011 was 121 crore, comprising approximately 246 million households. The decadal growth rate during 2001-2011 stood at 17%. This is estimated to have decreased to 12% during 2011-2021 and is likely to decline further to 9% during 2021- 2031. However, with the country’s population in 2030 estimated at 1,470 million, India will continue to be a major opportunity market from a demand perspective.The share of urban population in total
News & Events
Microfinance loans in the country grew by nearly 11 per cent to Rs 71,916 crore during the second quarter of the current fiscal, industry data showed.
The stress in the microfinance sector is far from over with the sector’s bad loans ratio rising for the second consecutive quarter to 12.1% at the end of September compared with 10.5% six months prior to that.
Interest rate changed for Micro Finance and Product loans to 21.5 % | From 29th October 2024
Group Loan Branch Details
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A ONLINE GROUP LOAN
With our new online group loan facility, you can avail group loan 24×7, from anywhere in the world!
