Jija Fintech Pvt. Ltd. (Jija Gold Loan), facilitated by best Business Partner award from MagFinServ company Ltd for their tremendous performance.
In this event Mr.Nilesh Sonawane (Founder and CEO) Of Jija Fintech Pvt Ltd said that,
“The gold loan industry has seen tremendous changes in recent years. As the need for short-term industry and retail loans continues to rise, we aim to strengthen our efforts of providing customers with technologically driven quick loan disbursals”.
Jija Fintech Founded in Dec 2022 by energetic entrepreneur Nilesh Sonawane (CEO) and Narayan Pandit (COO and Head of Product development), Jija Gold provides instant disbursal of loans against gold jewelry.
Since then, Jija Gold has disbursed over Rs 5.1 crore to over 450 happy customers.
Currently, the platform also serves as financing correspondent to MAG FinServ Co. Ltd. Recently in Dec 2022 year, Jija Gold had raised debt capital and entered into a strategic co-lending agreement with MAG FinServ, a Maharashtra based non-banking finance company (NBFC).
“In the last year, the gold loan sector has expanded dramatically. The lending sector is booming right now, owing to the growing demand for short-term and instant loans. We’re thrilled to be a part of Jija Gold endeavor to achieve its objectives,” said Ananta Mohotkar, chairman of MAG FinServ Co. Ltd and MAG Multistate Co-Operative Society, Phaltan.
Jija Gold has also expanded its operations into nearby all Tahsil area in Pune District I.E. Shirur, Haveli, Daund and others.
The company now intends to be present in 15 cities by the end of financial year 2023- 2024.
