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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...

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Latest News & Events

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ESAF organizes Gloria 2011 ESAF organizes Gloria 2011 At the Head Office Christmas program was celebrated on Dec 22, 2011 at Parish Hall, St Antony's Church, Mannuthy. Cultural programs including Kids Programs were organized as part of the function. K. Paul Thomas, Managing Director, ESAF Microfinance presided over the function. P.M. Francis, District Collector, Thrissur, delivered the keynote address. George Thomas, Director Operations and Jacob Samuel, Program Director also spoke on the occasion. ESAF branches across the nation cheerfully celebrated Christmas from Dec 17 -20, 2011 at all Area levels. Chief Guests of the programs cut the Christm... Read more
ESAF - IRFT organizes joint Fair Trade Program   ESAF - IRFT organizes joint Fair Trade Program ESAF and International Resources for Fairer Trade (IRFT) jointly organized a Fair Trade Program - Pro-sustain, at Thrissur (Mannuthy) on Dec 21 – 24, 2011. K. Paul Thomas, Managing Director, ESAF Microfinance inaugurated the program. Gaynor Peas, CEO IRFT visited the venue on December 22, 2011. The program was funded by European Union and other social-oriented agencies like Hivos, FTF-India & Shop for Change gave outside support to the program. The theme of the program was 'building environmentally sustainable production and consumption practices'. The program was an opportunity to inform ... Read more
ESAF participates in Microfinance India Summit 2011 ESAF participates in Microfinance India Summit 2011 ESAF Microfinance participated in the All India Microfinance Summit held in New Delhi on Dec 12 -13, 2011. The 8th Microfinance Summit was organized by Access Development Services at Hotel Ashok in New Delhi. Y.C. Nanda, Chairman, Microfinance India Advisory Group, welcomed the gathering. The 'State of the sector report 2011' authored by N. Srinivasan was released during the inaugural session. The theme of the conference was 'bridging the hiatus, building trust'. K. Paul Thomas, Managing Director, ESAF Microfinance was a panel member for the session- Health Plus Microfinance held on Dec 13, 20... Read more
ESAF commemorates World AIDS Day  ESAF commemorates World AIDS Day ESAF branches across the country commemorated World AIDS day on Dec 01, 2011. The program was held under the aegis of ESAF SHG Federations in all the states in which ESAF had presence. In Thrissur district, the program at Puthiyapalam was inaugurated by Sri Therambil Ramakrishnan, MLA. K. Paul Thomas Managing Director, ESAF Microfinance presided over the function. C.D. Sunny, Area Manager, Thrissur welcomed the gathering. Rajan Nair, Scientific Assistant, Medical College, Thrissur delivered a lecture on AIDS awareness. ESAF Blood Donation Forum conducted a blood donation camp after the program... Read more
ESAF organizes stakeholder consultation meeting for Micro Energy Program ESAF organized a stakeholder consultation meeting on Dec 16, 2011 at Thrissur, related to the Micro Energy Program initiated with Micro Energy Credits, USA. More than 100 sangam members participated. The objective of the program was to understand the buying approach, attitude and behavior analysis on the demand and utility of energy saving products among the clients. As per the program, ESAF is planning to distribute solar lighting systems, water purifiers, and efficient cook stoves to its current and potential members. The clients were enthusiastic in their response and clarified their doubts... Read more
ESAF organizes Sweater distribution As part of Christmas celebrations, ESAF organized a sweater distribution program for poor children at ESAF Child Care Centre in Jharkhand. Coupons were distributed to all the departments and branches across the board. Amount collected from the initiative was used to purchase the sweaters. In the program held on Dec 19, 21 and 22, 650 sweaters were distributed to the children from 14 child care centers of ESAF. Read more
ESAF organizes rally at Karnal Bagh ESAF Central India, organized a rally at Karnal Bagh, Nagpur as part of the Livable Cities Project to demand more functional parks for the children. ESAF has identified two non functional parks and a Park Council was formed as part of the project to ensure its functionality. Read more
ESAF joins hands with MicroEnergy Credits ESAF joins hands with MicroEnergy Credits ESAF Microfinance formally launched its association with MicroEnergy Credits Corporation USA, on Nov 09, 2011. MicroEnergy Credit is a financial intermediary, which links Microfinance institutions to the carbon markets when they lend for clean energy. K. Paul Thomas, Managing Director, ESAF Microfinance inaugurated the program held at ESAF Head Office, Thrissur. Christudas K.V., Director, Natural Resources Management, ESAF, welcomed the gathering. Jennifer Tam, Fellow, Microenergy Credits made a presentation which described the benefits of the program to all stakeholders.  Jennifer Tam ... Read more
ESAF launches fair trade India Brand ESAF launches fair trade India Brand Prerana handicrafts under ESAF Swasraya Producers Company, has launched Fair Trade India Brand in the City Centre shop at Thrissur on Nov 21, 2011. George Thomas, Director Operations, ESAF Microfinance, inaugurated the program. Last year Fair Trade Forum-India (FTF – India) launched Fair Trade India brand to popularize the concept of fair trade in India. Fair Trade India products will be sold through 100 shops across India, which have Fair Trade Forum membership. Read more
ESAF Organizes Essay Competition ESAF Organizes Essay Competition ESAF organized essay competition for school going children on Nov 12, 2011. A preliminary test was conducted on the topic 'Primary education and children in India' and 10 best essays were selected for the final competition held at ESAF Head Office, Thrissur. The topics for the finals were Child Labour, Right to Education Act and Role of Missionaries in Promoting Education in India. Mereena Paul, Chairperson, Grievance Cell and Jacob Samuel, Director, ESAF Healthcare distributed Certificates and Mementos to the participants.  Jubili Sherine George, Manager - ESAF Society, welcomed the part... Read more
ESAF conducting impact study on WATSAN programs  ESAF conducting impact study on WATSAN programs ESAF Research and Development team has started the process of measuring the impact of Water and Sanitation initiatives launched by the Company through Water Loans and also through programs organized in collaboration with Local Self Governments. ESAF was part of the Jalanidhi (water and sanitation) and Jeevadhara (water connection) projects launched by the State Government.  ESAF has successfully implemented community oriented water and sanitation programs in the states of Kerala and Maharashtra. K. Paul Thomas, Managing Director, ESAF Microfinance said that 'remaining true to our goals' w... Read more
Livable Cities project gaining ground ESAF Livable Cities project is gaining ground in the cities of Nagpur and Bangalore. The project goals are aimed at encouraging playing activities among girl children, as they don't have enough playing parks compared to boys.  ESAF team has organized various outdoor playing facilities for them including cycling and skating with the support of their parents. Also the girls could visit the parks, which are now made functional as a result of the organization's interaction with the Nagpur Municipal Corporation. Read more
ESAF Launches Online Appraisal Software ESAF Corporate HR has introduced the online appraisal software- EAS on Oct 01, 2011, that allows the employees to do their appraisal online. The state-of-the art software was launched by K. Paul Thomas, Managing Director, ESAF Microfinance, by entering the user name and password. The software provides efficient pooling of appraisal data along with vernacular language support to the field staff. Read more
ESAF Organizes NPS training programs at the branch level ESAF was selected as an implementing partner, earlier this year, for the Swalambhan Yojana, National Pension Scheme promoted by the GOI. For that matter, ESAF has taken steps to educate employees across the board, on the product, through training. In November, NPS training was organized at Perumbavoor branch on Nov 10, 2011, at Poomala and Kodungallur branches on Nov 11, 2011, at Punnakkad branch on Nov 14, 2011 and at Nellimattom branch on Nov 17, 2011. Read more
ESAF Central India Organizes NPS Workshop ESAF Central India, organized a workshop on National Pension Scheme on Nov 15, 2011, as part of educating Area Managers about the benefits of the product and on the various operational aspects of the scheme. Akik Desai, Asst. Manager, NSDL and Vinod Vyas, Executive, NSDL were the Chief Resource Persons who shared their knowledge on the product with their participants. 25 members of staff from Central India participated in the program organized at ESAF Training Centre, Nagpur.  The program covered topics like introduction to NPS, product features and operational aspects. Read more

visionhead

“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.”

missionhead

“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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