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ESAF Microfinance is one of the leading Microfinance NBFC in India. ESAF had a humble beginning in 1992 with a small office in Thrissur, Kerala, by a group of like minded social entrepreneurs. The inception of ESAF has been a response to the growing unemployment among the educated youth. Inspired by the success of Grameen Bank, initiated by Nobel Peace Laureate Professor Muhammad Yunus, the founders of ESAF ventured into micro-financing and creation of self sustainable groups to address the concerns of poverty alleviation and employment generation... |
ESAF celebrates 20th Anniversary
ESAF celebrated 20 years of service on March 24, 2012 in Thrissur. The 6-month long celebrations were inaugurated by C.N. Balakrishnan, Co-operative Minister. During his inaugural address the Minister commended ESAF’s focus on social development. I.P Paul, Mayor, Thrissur presided over the function.Livable cities project jointly promoted by ESAF and Health Bridge, Canada was inaugurated by the Mayor. The project is aimed at creating a safe city for children and pedestrians. Therambil Ramakrishnan, MLA, Thrissur distributed the best ESAF Entrepreneurs Award. The Agricultural Technology Manageme...
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ESAF observes World Women’s Day
ESAF observed World Women’s Day on March 08, 2012. K. Paul Thomas, Executive Director, ESAF inaugurated the function and the program was presided over by Mereena Paul, Chair Person, Grievance Cell. The key note address for the day was delivered by Advocate Subi Babu, Deputy Mayor, Thrissur Corporation. M.L. Rosy, Standing Committee Chair Person, Public Works, K.A. Usha, Sub Inspector, Thrissur Women Cell, Geethu Ramdas, Student Counsillor, George Thomas, Director Operations, ESAF Microfinance and Jacob Samuel, Director ESAF Healthcare also spoke on the occasion.
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ESAF participates in Fair Trade Alliance Building Meet
ESAF participated in the Fair Trade Alliance Building Meet on April 24, 2012. The invitees participated represented a cross section of the population covering consumer activists, environmentalists, FTF members, academicians, students, award winning farmers, planters, FLO executives and NGO leaders. K. Paul Thomas, Managing Director, ESAF Microfinance delivered the keynote address and Sridharan Nair, Vice Chair, FTF India presided over the function.
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ESAF launches livable cities project in Thrissur
ESAF has launched the ‘Livable Cities’ project for Thrissur on Mar 23, 2012. Earlier ESAF had successfully completed similar kind of initiatives in the cities of Bangalore and Nagpur. The main goal behind the endeavor is to make the city friendly to children, pedestrians and cycle riders. Shahul Hameed, Asst. Commisioner, Thrissur inaugurated the discussion. K. Paul Thomas, Managing Director, ESAF Microfinance, presided over the function held at Hotel Ashoka Inn. Representatives from various walks of life including politics, schools, clubs, and resident associations participated in the program...
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ESAF Organizes Fair Trade Exhibition
As part of the 20th anniversary celebrations, ESAF has organized a Fair Trade Exhibition on March 24, 2012 at Town Hall, Thrissur. International Resources for Fair Trade (IRFT) supported ESAF in organizing the event. The exhibition was inaugurated by C.N. Balakrishnan, Minister for Co-operation. 25 stalls were set up for the exhibition. There were exclusive stalls for ESAF Dumka Products, Prerana and Kudumbashree. Other stalls covered products like Terracraft, Anikar, Poultry, Dairy etc. On the first day, the exhibition recorded a footfall of 4,000 (from 10.00 AM - 03.00 PM).
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“To be a sustainable, professionally managed and transparent institution, providing financial services, with emphasis on economic development and empowerment of the poor and the marginalized segments of the society.”
“To positively impact the lives of the neglected class across India, by offering them exclusive financial services along with livelihood development services, healthcare, education, housing and training for skill development.”
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Zeenath Siddique, Kerala
40 year old Zeenath Siddique's life is a typical example on how hard work pays off with the right support. She proves that attitude is the key for success and believes that success doesn't come easily...
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Shalini Yashwant, Maharashtra
The life of Shalini Yashwant Wagde (aged 34) is another example that illustrates the positive impact microfinance can create to build a new India...
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Premambikai, Tamil Nadu
Premambikai, owns an 'Instant Mix' rice flour producing in Pollachi, Tamil Nadu, and is making it big among micro-entreprenaurs. As a healthy break-fast...
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