1992

Established ESAF Society (NGO)

1995

Launched Microfinance operations

1998

Received Seed capital from Grameen Trust

2000

Funding by major banks started

2004

Received funding from SBI and ICICI

2005

Expanded operations to Tamil Nadu,

Maharashtra, and Chattisgarh

2005

Rated mfR5 by CRISIL

2006

Acquired the Company Pinnai Finance and Investments, Chennai

2006

Crossed 1, 00,000 customers

2007

Crossed 2, 00,000 customers

2007

Rated β+ by M-CRIL

2007

Attained Rs. 1000 million cumulative disbursement.

2007

Won MicroInsurance Award sponsored by ING Netherlands and Planet Finance India

2008

Ranked 14th in the world, and 4th in India – for transparency and efficiency, by MIX Market.

2008

Transferred Micro Enterprises Development operations of ESAF Society to ESAF Microfinance and Investments (P) Ltd. (EMFIL)

2009

Equity Investment by Dia Vikas Capital (P) Ltd., a wholly owned subsidiary of Opportunity International, Australia.

2009

Rated mfR4 by Crisil

2009

Selected by ILO for the project ‘Microfinance for decent work’

2010

Equity investment by Maanaveeya Holdings (P) Ltd., a wholly owned subsidiary of Oiko Credit, Netherlands.

2010

Selected by the Central Government for implementing ‘ Sanchar Sakthi’ Project

2010

Selected by the Central Government as an aggregrator for Swavalamban Yojana (NPS Lite)