ESAF Microfinance is one of the leading NBFC-MFIs (Microfinance Institution) in India (RBI Reg. No.: B-07-00652). ESAF had a humble beginning in 1992 with a small office in Thrissur, Kerala, launched by a group of like minded social entrepreneurs. The inception of ESAF was propelled by 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 issues of poverty alleviation and employment generation...
ESAF-No.1 NPS Aggregator
Kochi: ESAF Microfinance has emerged as the No.1 National Pension Scheme (NPS) aggregator during the financial year 2014-15. The NPS is a defined-contribution pension system operated by the Government of India. In 2004, the Government of India decided to move from a defined-benefit pension system to a defined-contribution pension system. It is an attempt towards finding a sustainable solution to the problem of providing adequate retirement income to every citizen in India.