Grassland Finance Ltd.

Grassland’s focus is to found or invest in financial services institutions in China that provide loans, credit, and other financial services to China’s vast number of micro, small, and medium sized enterprises through efficient offline and innovative mobile and online delivery channels.

Key Indicators as of December 2015
Active Borrowers: 3,011
Average Loan: $13,097
Amount Loaned: $62,821,000
Active Portfolio: $39,435,000

A Hong Kong holding company incorporated in 2011, Grassland Finance Ltd. (GFL) owns and manages two Micro Credit Companies (MCCs) in Chifeng, Inner Mongolia and Wanzhou, Chongqing, respectively. GFL’s Chifeng operation – known as Accion Microcredit China (AMC) – was launched in 2009 and represents one of the first foreign-owned MCCs in China. Following GFL’s incorporation, we transitioned the ownership of AMC to GFL, in partnership with co-investors Sagamore and DEG. In 2013, GFL secured a second MCC license in Wanzhou, Chongqing. Both companies provide loans to small and growing local entrepreneurs. In the future, GFL plans to partner with other organizations to pilot MCCs in high-growth regions throughout the country.

Grassland is deploying an integrated Shared Services Platform that allows high-level managerial resources to be utilized across a larger asset base, thus enabling GFL to leverage expertise and management across its operations. Grassland is also developing a market-leading Internet Finance platform that will form the center of the Shared Services strategy and ensure that Grassland’s operations are using the latest innovative technology and scaling rapidly.

Contact

Room 905, Office Building F, Phoenix Place

No A5 Shuguangxili,

Chaoyang District, Beijing

Louis Lim, Chief Executive Officer: Louis.Lim@grassfin.com

Website: www.grassfin.com