Comments
Kolkata-based Arogya Finance, a non-banking financial corporation, that provides medical loans to those at the bottom-of-the-pyramid, has extended its collateral free loan care facility to the city.
The start-up was formed to provide a new interface between healthcare providers and those who cannot afford these services. It also aims to combat problems faced by the needy.
Arogya offers loans to those who are outside the formal sector and lack documents like a proof of salary. It is currently active in nine states and is working with over 50 hospitals.
“Over the last two and a half years, Arogya Finance has lent almost $ 800,000 to over 350 patients, with a repayment rate exceeding 97 per cent….. We are extremely glad to extend our services to Kolkata and hope we can reach out to as much in need as possible,” Peter Jose, CEO, Arogya Finance, was quoted according to a release by the company.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.