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...
Kochi: Mr. K. Paul Thomas, Chairman & Managing Director of ESAF Microfinance was selected as the 'Emerging Entrepreneur of the year' of TiE Kerala. This is indeed a great honor to the organization that our CMD received such a prestigious award. The award ceremony was held at Hotel Le Meridian, Kochi on 5th December 2014. The Indus Entrepreneurs (TiE) is a global not-for-profit organization focused on promoting entrepreneurship.