Vision:To be a sustainable, professionally managed and transparent institution providing financial services with the emphasis on economic development and empowerment of the poor and the marginalised sections of the poor.
Mission:To positively impact the lives of more than 1 million low ... Read more
Vision:To be a sustainable, professionally managed and transparent institution providing financial services with the emphasis on economic development and empowerment of the poor and the marginalised sections of the poor.
Mission:To positively impact the lives of more than 1 million low income families by 2015 by offering them exclusive financial service along with other services like healthcare, education, housing and livelihood support. Hide
Background and Main Challenges:
ESAF extends its microfinance services to 450 thousand low income women with a current loan portfolio of Rs.2912 Million INR.Evangelical Social Action forum (ESAF) was established in 1992, by a group of professionals in Kerala with a mission to create opportunities for social and economic growth ... Read more
ESAF extends its microfinance services to 450 thousand low income women with a current loan portfolio of Rs.2912 Million INR.Evangelical Social Action forum (ESAF) was established in 1992, by a group of professionals in Kerala with a mission to create opportunities for social and economic growth of the marginalized sections of the society through the promotion of sustainable and integrated livelihood options. In 1995, ESAF started its Micro Enterprise Development program in three villages of Thrissur district, capitalizing on microfinance as an effective mean for poverty eradication and employment creation. ESAF Microfinance rapidly expanded in most districts of Kerala and in some parts of Tamil Nadu, Maharashtra, Gujarat and Chhattisgarh and Jharkhand. In August 2007 the microfinance operations were transformed into a Non-Banking Financial Company (NBFC) under ESAF Microfinance and Investments Pvt Ltd (“EMFIL”). Hide
EMFIL provides microloans to the clients for income generation purpose and consumption purpose as well. Members are also part of Social security Schemes and Business development services (offered by the Group Entities) such as training, setting up of training cum production centers and ... Read more
EMFIL provides microloans to the clients for income generation purpose and consumption purpose as well. Members are also part of Social security Schemes and Business development services (offered by the Group Entities) such as training, setting up of training cum production centers and marketing. Our Integrated business model creates opportunities to the socially and economically challenged women and men to enable them to operate their own productive economic activities.
Lending approach: group loans and individual loans
Lending model: Grameen and self help groups (SHGs) Hide
Water & sanitation loan (Nirmal Jeevandhara), energy loan for solar lights (Surya Jyothi), Vyapar Vikas Yojna (for petty traders),Clean energy solar product
Cluster leader personality development trainings,Business Development training,Health Awareness programs,Environment friendly products and services,dairy development etc
MFI Report
