NEW DELHI: Hero Cycles has entered into a strategic partnership with Satin Creditcare Network Limited (SCNL), a leading microfinance companies to provide bicycles to lower income households in Uttar Pradesh.
Through this partnership, SCNL’s 560,000 clients across 28 districts in Western Uttar Pradesh will have access to affordable mobility through Hero cycles. Separate bicycle models have been made available for women, men, youth & children.
Dev Verma, COO, Satin Creditcare Network Limited said,“We are extremely delighted to tie-up with world’s largest manufacturer of bicycles. Together we aim to empower our clients with access to mobility. SCNL has been fostering a spirit of entrepreneurship by providing timely credit to more than 3.5 million women across India and with this partnership we are enabling clients to earn their livelihood.”
He further added, “With this initiative we aim to empower our clients and especially for whom affording a bicycle continues to remain a dream. We aim to finance men, women and kids bicycles to ensure we meet all the family members’ requirement.”
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