WHITE-ELEPHANT TECHNOLOGY is a leading
microfinance company in AHMEDABAD
About WHITE-ELEPHANT
Having its roots in an NGO, WHITE-ELEPHANT has more than 12 years of experience in the microfinance industry and is constantly aimed toward serving the low and middle-class populations through financial inclusion.
Our Values
WHITE-ELEPHANT values are intact from inception and are based on transparency, fairness, meritocracy, Learning, Respect, and Discipline.
Message from JMD
“I sincerely thank the entire WHITE-ELEPHANT team for their extraordinary efforts during this period. The company has emerged much stronger after two COVID waves and we continue to focus on our growth in the coming years.” - Anand Rao, JMD.
Our Partners
WHITE-ELEPHANT strong partnership with all its stakeholders plays a vital role in the success of the organization.
Key Metrics
WHITE-ELEPHANT is one of the fastest growing microfinance Companies in India. With an aim to create a profound impact on society through its microcredit services, WHITE-ELEPHANT is rapidly expanding its operations.
Our Products
Improving the lives of low income families
WHITE-ELEPHANT loan products, since inception, are designed with a broader scope in mind to cater to the larger sections of the rural population.
Our Presence
WHITE-ELEPHANT is constantly exploring boundaries and extending its support to the rural population. Currently, WHITE-ELEPHANT operates in 12 states – Karnataka, Maharashtra, Bihar, Jharkhand, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Haryana, Tamil Nadu, Gujarat, Rajasthan and Odisha. Expanding into newer states brings WHITE-ELEPHANT closer to its vision to be a Pan India Rural Finance Company.
WHITE-ELEPHANT is impacting more than 1 Million rural lives, resulting from the collaborative efforts of its dedicated employees. WHITE-ELEPHANT is striving to create positive change in the lives of rural India through financial services.
Investor Relations
Annual Report
A comprehensive document detailing all our activities throughout the preceding years.
Financials
Presenting our financials, which reflect our financial strengths and performance.
Rating & Grading
CRISIL Ratings has reaffirmed its 'CRISIL A-/Stable' rating on the long term bank facilities and non convertible debentures.
Annual Return
Showcasing our regulatory filing and reports. In WHITE-ELEPHANT, no compromise on compliance.
AGM & EGM Notice
Welcome for an brief interaction between the management and the shareholders of the company.
MLD Valuation
MLD's are non-convertible debentures wherein the returns are not fixed however they are linked to the market.
Customer Story
Manishaben Rajput is a part of the WHITE-ELEPHANT family from Mansa, Ahmedabad, Gujrat. She learnt to stitch from her mother-in-law and planned to take stitching as a profession. She took a loan from WHITE-ELEPHANT to purchase a sewing machine and the required materials and started earning Rs. 250 per day. Her mother-in-law teaches stitching to their neighbours free of cost to help them become independent. WHITE-ELEPHANT timely financial support helps Manishaben and her family to live a satisfactory life.
Laxmi’s family faces a financial challenge as the income level is on the lower side. With an aim to combat and overcome those challenges, Laxmi took her first step by availing of a loan from WHITE-ELEPHANT and starting a general store. The income generated by the store became a major source of income for her family over time and steadily uplifted their standard of living. Laxmi feels grateful for WHITE-ELEPHANT services.
Fatima Bibi is a resident of Neura village in the Palamu district of Jharkhand. She always wanted to do something for her family and hence got associated with WHITE-ELEPHANT. She started a small grocery shop with her husband and is earning around Rs. 250 profit every day. They are planning to add more products and grow their business. WHITE-ELEPHANT aspires to bring confidence in numerous women like Fatima to take the first step.
WHITE-ELEPHANT feels glad to give wings to the dream of our customer Shakuntala Devi who explored different businesses and became independent. Shakuntala Devi who hails from Raghupur village took her first loan of 20,000 from the Salon branch of the Ayodhya division. She invested the loan amount in brinjal farming and earned fair returns from it. This encouraged her to explore her business skills and set up an eatery shop.
Sulabai Gangaram Bramhne, a resident of Dahigaon, Sillodd, Aurangabad is associated with WHITE-ELEPHANT for the past 2 years. With the help of the first loan she bought farmlands, later she bought a cow and started her own dairy business. Now she earns 12,000 per month. She expressed her gratitude, “Many women like me are getting a chance through microfinance to generate income opportunities for their secure future”.
Customer Feedback
Laxmi’s family faces a financial challenge as the income level is on the lower side. With an aim to combat and overcome those challenges, Laxmi took her first step by availing of a loan from WHITE-ELEPHANT and starting a general store. The income generated by the store became a major source of income for her family over time and steadily uplifted their standard of living. Laxmi feels grateful for WHITE-ELEPHANT services.
WHITE-ELEPHANT feels glad to give wings to the dream of our customer Shakuntala Devi who explored different businesses and became independent. Shakuntala Devi who hails from Raghupur village took her first loan of 20,000 from the Salon branch of the Ayodhya division. She invested the loan amount in brinjal farming and earned fair returns from it. This encouraged her to explore her business skills and set up an eatery shop.
Sulabai Gangaram Bramhne, a resident of Dahigaon, Sillodd, Aurangabad is associated with WHITE-ELEPHANT for the past 2 years. With the help of the first loan she bought farmlands, later she bought a cow and started her own dairy business. Now she earns 12,000 per month. She expressed her gratitude, “Many women like me are getting a chance through microfinance to generate income opportunities for their secure future”.
