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Cashpor Micro credit is a company that does NOT operate in the most backward districts of ____________________.
Question

Cashpor Micro credit is a company that does NOT operate in the most backward districts of ____________________.

A.

Bihar

B.

Chhattisgarh

C.

Telangana

D.

Jharkhand

Correct option is C

Cashpor Microcredit focuses its operations in the backward districts of BiharChhattisgarhUttar Pradesh, and Jharkhand to provide microcredit services to underprivileged rural women. These states have high poverty rates and limited access to financial services, aligning with Cashpor's mission of poverty alleviation.

Telangana is not part of Cashpor Microcredit's operational geography, as the organization primarily works in North and Central India.

Additional Information:

Cashpor is a non-banking financial company (NBFC) focused on microfinance. It facilitates loans for rural women to engage in income-generating activities, aiming to improve the standard of living in the poorest regions of India. The company's strategy is to address the needs of economically disadvantaged households in states with significant development challenges.

Other Options:

  • Bihar – Cashpor has a robust presence in Bihar, one of India's poorest states.
  • Chhattisgarh – The organization operates in backward districts here to support rural livelihoods.
  • Jharkhand – It serves several underdeveloped areas in Jharkhand.

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