Key Quantitative Figures
- Crossed ₹10 crore in cumulative Renewable Energy (Solar) Loan disbursements
- Targets 10% of Assets Under Management (AUM) to comprise Renewable Energy Loans by the end of FY27
- Offers business loans ranging from ₹1 lakh to ₹25 lakh
Strategic Partnerships
The achievement was realized through:
- Strategic partnership with a leading solar OEM (Original Equipment Manufacturer) enabling seamless access to high-quality solar solutions for customers
- Partnership with a leading global climate foundation helping de-risk green lending and unlock greater capital for climate-positive investments
Business Impact and Rationale
The solar loan initiative aims to:
- Make clean energy affordable and accessible for underserved MSMEs and rural entrepreneurs
- Enable customers to reduce energy costs, improve business productivity, enhance energy security, and lower carbon emissions
- Support India's renewable energy and net-zero aspirations while promoting inclusive economic growth
Company Background
Moneyboxx Finance Limited is a listed, non-deposit taking, Base-Layer NBFC engaged in providing business loans to small and micro enterprises with focus on semi-urban and rural India. The company has:
- Network of over 150 branches spread across 12 states (Rajasthan, Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Chhattisgarh, Bihar, Gujarat, Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu)
- Focus on essential segments including livestock, kirana, retail traders, micro and small manufacturers
- Offers both secured and unsecured business loans
Forward-looking Statements
The document contains forward-looking statements regarding the company's expectations and targets for its green finance portfolio, with appropriate disclaimers about risks and uncertainties that may cause actual results to differ.