ESAF Milestones
Click here to download Power Point file of Milestones
|
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) |
|
2011 |
ESAF Organized Sphere India Handbook on Disastar Management Release. |
|
2011 |
ESAF Organized 'Niravu 2011' at Thrissur. |
|
2012 |
C.N. Balakrishnan (Minister for Co-operation & Khadi, Kerala) inaugurated 20th Anniversary celebrations of ESAF. |
|
2012 |
Signed MOU with Western Union Money transfer. |
|
2012 |
In association with Hindustan Unilevar, ESAF started 'Jeevan Shudh' project. |
|
2012 |
ESAF has enterd in alliance with Micro Energy Credits, USA for providing clean energy products. |
ESAF Microfinance Fact File
|
No. of Branches |
151 |
|
No. of Districts |
33 |
|
No. of Employees |
1,436 |
|
No. of Borrowers |
5,02,430 |
CLICK HERE FOR COMPLETE PROFILE
*as on 30th November 2012.
Client Distribution Chart

*as on 31st March, 2012