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Get to know Society for Advancement of Village Economy (The SAVE)

Established in 2009, the Society for Advancement of Village Economy (SAVE) is a microfinance institution dedicated to the socio-economic empowerment of the rural and semi-urban poor, with a particular focus on women. Initially started as a society, it transformed into a Non-Banking Finance Company - Microfinance Institution (NBFC-MFI) registered with the Reserve Bank of India. SAVE's core mission is to provide access to credit and other financial services to those who are typically excluded from the formal banking system, thereby fostering entrepreneurship, generating income, and promoting economic self-sufficiency at the grassroots level.

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Society for Advancement of Village Economy (The SAVE)

India

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.