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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...

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ESAF celebrates ‘Gloria 2015’ ESAF celebrates ‘Gloria 2015’ ESAF group celebrated ‘Gloria 2015’ on December 22, 2015 at Vimalanatha Church Parish Hall, Paravattani, Thrissur. More than 700 people (ESAF staff and their family members) participated in the function. K. Paul Thomas, Chairman, ESAF Group presided over the function. Mar Raphael Thattil Auxiliary Bishop of Syro- Malabar Catholic Archdiocese of Thrissur delivered the Christmas message. ESAF Choir rendered traditional and contemporary carols followed by cultural programs performed by the staff from different entities of ESAF group. Jacob Samuel, Social Advisor, ESAF Microfinance and George Thom... Read more
ESAF produces album on ‘Women and Safety’ ESAF produces album on ‘Women and Safety’ ‘Kanamarayathu’ a video album conveying the message of women’s safety was released by Oommen Chandy, Hon’ble Chief Minister of Kerala by handing over a copy to K. Paul Thomas, Chairman and Managing Director, ESAF Microfinance. The songs in the album were penned by Manju Vinod Elanthoor and composed by Kaithapram Damodharan Namboodiri. Playback singer Chandralekha was the singer. The album was directed by Joby Chuvannamannu. ESAF Creations, the visual media wing of ESAF has produced the album. Watch Video on YouTube Read more
ESAF gets rating upgrade ESAF gets rating upgrade Brickwork Ratings India (P) Ltd, a SEBI approved Credit Rating Agency, has upgraded the Credit Rating of NCDs issued by the Company to BWR A-(Brickwork Ratings A Minus). The outlook on the rating is stable. Commenting on the development K. Paul Thomas, Chairman & Managing Director, ESAF Microfinance said that credit rating upgrade would help the Company to seek limit enhancement and interest rate reduction from existing and prospective lenders and it would also help to explore funding possibilities from diversified sources including mutual funds. Earlier, CARE Ratings, another Credit Ratin... Read more
ESAF honors Local Body election winners ESAF honors Local Body election winners ESAF honors councillors who won the local body elections from the Ollukara zone. K. Paul Thomas, Chairman and Managing Director, ESAF Microfinance presided over the function held at Ollukara Society Hall. Ajitha Jayarjan, Mayor, Thrissur, inaugurated the program. Varghese Kandamkulathy, Deputy Mayor, E.D. Johny, Anoop Karippal, Sateesh Chandran, M.R. Rosili, Beena Bharatan, Adv. A.S. Ramadasan, Beena Murali, and M.L. Rosi (winning Councillors) also participated in the function.  Christudas K.V., General Manager, Livelihoods & Environment, ESAF Microfinance, Dr. M. Usman Sahib, President, L... Read more
ESAF opens State Office in Madhya Pradesh ESAF opens State Office in Madhya Pradesh ESAF state office in Madhya Pradesh was dedicated on December 03, 2015, at 5pm, by George Thomas, Executive Director, ESAF Microfinance. Rev. Dr. Joby Mathew, St. Thomas Evangelical Church, led the dedication prayer.  Pastor C. P. Mathew, Sr. pastor, IPC, Bhopal, Pastor Mathew Yohanan, Manohar & Family, EU. and George K John, General Manager, Operations, ESAF Microfinance also participated in  the function.   Read more
ESAF observes International Day of Persons with Disabilities ESAF observes International Day of Persons with Disabilities ESAF Microfinance observed International Day of Persons with Disabilities on Dec 03, 2015 by organizing several informative programs. Altogether 211 disabled persons along with 113 relatives of them participated in the event that covered skill training programs, focus group discussions to understand the challenges faced by people with disabilities, awareness programs on the rights of the people with disabilities, awareness programs on the schemes available and how to access the same etc.  The Regional Managers, Area Managers and Branch Managers of the concerned regions were specially appreciat... Read more
ESAF Microfinance gets rating upgrade ESAF Microfinance gets rating upgrade Brickwork Ratings India (P) Ltd, a SEBI approved Credit Rating Agency, has upgraded the Credit Rating of NCDs issued by the Company to BWR A-(Brickwork Ratings A Minus). The outlook on the rating is stable. Commenting on the development K. Paul Thomas, Chairman & Managing Director, ESAF Microfinance said that credit rating upgrade would help the Company to seek limit enhancement and interest rate reduction from existing and prospective lenders and it would also help to explore funding possibilities from diversified sources including mutual funds. Earlier, CARE Ratings, another Credit Rati... Read more
Symbiotics invests in ESAF Microfinance Symbiotics invests in ESAF Microfinance ESAF Microfinance raised INR Rs 59 crore through the issue of Non-Convertible Debentures (NCDs) to Symbiotics, an investment company Headquartered in Geneva. Symbiotics is specialized in emerging, sustainable and inclusive finance. The foreign company has invested over USD 2.4 billion in more than 275 microfinance institutions in 50 emerging countries. The NCD which is rated A- by Brickwork Ratings will be listed in the Bombay Stock Exchange. Read more
ESAF Swasraya Multistate Co-operative Credit Society observes National Co- operative Week ESAF Swasraya Multistate Co-operative Credit Society observes National Co- operative Week ESAF Swasraya Multistate Co-operative Credit Society observed 62nd National Co-operative Week, at the Head Office on 16th November 2015. K. Paul Thomas, Chairman, ESAF hoisted the Co-operative Flag and delivered a speech on co-operative movement. In his speech, Paul Thomas said that ESAF Co-operative is committed to the Make in India theme, through cooperatives, popularised by the incumbent Government. Read more
Children's Day Celebration 2015 Children's Day Celebration 2015 ESAF celebrated Children’s Day – 2015, under the auspices of Livable Cities, CTH and Humara Bachpan projects of ESAF. About 60 children gathered in the Panchayath Hall, Olari at 4 P.M. on 14th November 2015 for the celebration. Anoop Davis, Division councillor, Elathuruthu, Thrissur Corporation was the Chief Guest for the day. The celebration was inaugurated by Advocate Arun Rao who shared his own life experiences to inspire the children. George M. P., Programme Officer delivered a felicitation speech on behalf of ESAF. Children happily involved in the group games led by Noel Benno, Jr. Progra... Read more
ESAF receives Walk 21 award ESAF receives Walk 21 award ‘The Ollukkara Children’s Cultural village project’ of Livable City team was selected for 'Walking Visionary Award' from Walk 21 which is an international platform that inspires and shares the knowledge and experience of making cities walkable and livable. Ms. Manju George, Bangalore who represented ESAF at Walk 21 conference held at Vienna in Oct 2015 received the award. It was indeed a proud moment for ESAF as the team competed with 208 submissions from 47 countries for this award. Read more
ESAF launches housing loan in association with Microbuild India Habitat ESAF launches housing loan in association with Microbuild India Habitat ESAF Microfinance launched a housing loan named Griha Nirman scheme in association with the housing finance company Microbuild India Habitat. The first loan was disbursed to Sheeba Murali of Chithira Sangam, Thrissur Branch on 31st July 2015 at Thalore. Read more
K. Paul Thomas receives Leadership Excellence Award K. Paul Thomas receives Leadership Excellence Award K. Paul Thomas, Founder, Chairman and Managing Director - ESAF Microfinance received the Leadership Excellence Award instituted by College of Cooperation, Banking and Management (CCBM), Kerala Agricultural University, Mannuthy. Dr. A. Kowsigan, IAS, District Collector, Thrissur gave away the award in a colorful function held on 7th October 2015. Read more
ESAF receives Appreciation Certificate from Sa-Dhan ESAF receives Appreciation Certificate from Sa-Dhan In recognition to its achievements in the field of Financial Inclusion, ESAF was felicitated by Sa-dhan during the National Financial Inclusion Conference held in New Delhi on Oct 08, 2015. George Thomas, Executive Director, ESAF Microfinance received the appreciation certificate. During his reply speech, George Thomas expressed his gratitude on behalf of the Organization and opined that the vision of the Founder Chairman & Managing Director was the guiding light of the Organization. He also appreciated the committed team leaders who actively contributed in the growth of the Organization. Read more
ESAF observes World Car Free Day ESAF observes World Car Free Day ESAF observed World Car-free Day on October 4, 2015 at Ramanilayam Road, Thrissur in partnership with Livable Cities Network, NATPAC (National Transportation Planning & Research Centre), Kerala State Pollution Control Board and HealthBridge Foundation. Adv. Therambil Ramakrishnan, MLA - Thrissur, inaugurated the event and K. Paul Thomas, Chairman - ESAF Group presided over the function. M. P. Vincent, MLA - Ollur Constituency, Siva Vikram G. IPS – Asst Commissioner of Police, Thrissur, T. V. Satheesh , Consultant - NATPAC, Dr. M. Usman Sahib, Standing Committee Chairman - Thrissur Corporat... Read more

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Stitching dreams step by step Stitching dreams step by step Stitching dreams step by stepRadhamani, Tamil NaduAt the age of 26, when most women prefer to relax on the shoulders of their better halves, fate had left Radhamani without  any ... Read more
Steely resolve… Steely resolve… Steely resolve…Archana, MaharashtraArchana is a business woman running a utensils shop in Nagpur. Few years back she decided to join ESAF as she was finding it difficult to bring u... Read more
Fanciful life, fierce determination Fanciful life, fierce determination Fanciful life, fierce determinationRajamani, Tamil NaduRajamani from Sengalipalayam has been with ESAF for more than five years. She decided to join ESAF, when she realized that re... Read more
Tailoring her way to success Tailoring her way to success Tailoring her way to successGurmeet, MaharashtraGurmeet, an 8th standard drop out is now a successful entrepreneur. She is leading a happy life with her husband and two children. S... Read more
The bamboo artist... The bamboo artist... The bamboo artist...Sitamuni Hembrom, JharkhandSitamuni Hembrom and her family were living in abject poverty and were struggling to survive. She belonged to the traditional Bamboo ... Read more
Cups and saucers bring her cup of tea Cups and saucers bring her cup of tea Cups and saucers bring her cup of teaMeena Maruti Gaykoad, Madhya PradeshMeena Maruti Gaykoad aged 35 engages in the business of selling cup and saucers. She is well supported by h... Read more
Dreaming from a food cart Dreaming from a food cart Dreaming from a food cart  Shyby Subash, KeralaShyby Subash runs a food cart adjacent to her home. Her husband Subash, who is a mason, also supports her during his free time. They ... Read more
Small toys... Big dreams... Small toys... Big dreams... Small toys... Big dreams... Sindhya, Tamil Nadu34 year old Sindya is always fond of children. For someone who lived a community life from childhood, 'being a child' always holds a ... Read more
Crispy success story Crispy success story Crispy success storyParashakthi, KeralaParashakthi aged 37 engages in the business of preparing crispy tapioca chips and selling it to bakeries in and around Thrissur.  She is well... Read more
Enjoying the sweetness of 'pappadam'... Enjoying the sweetness of 'pappadam'... It's been 5 years since Usha Pampavan enrolled as a client of ESAF Microfinance. The 43 year old lady has been engaged in the business of making pappadams for the past 25 years. Sh... Read more
Water doesn’t force Shalu to meet her waterloo Water doesn’t force Shalu to meet her waterloo ShaluTirpude resides in Silli near Bhandara. For this poor lady, collecting water for daily use was an uphill task as she couldn't afford owning a water tap connection at home. She... Read more
Vimala  a winner in a man's world Vimala a winner in a man's world Manufacturing and dealing with nuts and bolts is no more the fiefdom of men. That's what Vimala Ramdas from Perinjanam, Thrissur, exemplifies. The 45 year old lady is silently putt... Read more
'Sevai' means life for Sujatha 'Sevai' means life for Sujatha Sujata Shewre owns an enterprise which specializes in producing Sevai (vermicelli). The sweetness of her smile is now sweeter than her product as her business is now known in the n... Read more
Her 'mirror' reflects her dreams...  Her 'mirror' reflects her dreams... Her 'mirror' reflects her dreams... Like any other teenager, Severina George, too found it difficult to come to terms with the untimely demise of her father. Hailing from Mulaya... Read more
She loves the breakfast lovers... She loves the breakfast lovers... Premambikai, owns an ‘instant mix’ rice flour producing unit in Pollachi-Tamil Nadu, and is making it big among the micro-entrepreneurs. As a healthy breakfast supplement her produ... Read more
Umbrellas prove an umbrella to Sulochana's life… Umbrellas prove an umbrella to Sulochana's life… 19 years back Sulochana Ramakrishnan came to Laloor along with her husband Ramakrishnan and two children, Nisha and Neethu. Ramakrishnan was a daily wage earner and Sulochana used ... Read more
For Shalini ESAF water loans proved a blessing… For Shalini ESAF water loans proved a blessing… The story of Shalini Yashwant Wagde (aged 34) illustrates the positive impact, microfinance can make on improving the quality of life of slumdwellers. Shalini, along with her husba... Read more
For Zeenath Sincerity is the Secret of Success For Zeenath Sincerity is the Secret of Success 40 year old Zeenath Sidhik’s life is an example of how perseverance pays off in one’s life. She proves that attitude is the key to success and believes that success doesn... Read more
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