About ESAF Financial Holdings

ESAF Financial Holdings Private Limited is the Corporate Promoter of ESAF Small Finance Bank Limited and is a Non- Deposit taking Systemically Important Core Investment Company registered with the Reserve Bank of India.

ESAF started it’s journey as an NGO during the year 1992, with a larger vision of sustainable and holistic transformation of the poor and the marginalized. The success of Grameen Bank in Bangladesh reinforced the vision of Shri. K. Paul Thomas the Founder of ESAF. In 1995, he launched Micro Enterprises Development (MED) services and it resulted in the formation of ESAF Microfinance and Investments Pvt. Ltd., in 2008, giving importance of financial component in holistic economic development of the poor and marginalized. ESAF Microfinance and Investments Pvt Ltd. was one of the pioneers in establishing a formal and structured form of lending through forming mutually trusted groups at the village level that could not only bring financial sustainability but also reinoforced the fact that 'the poor of our country are trustworthy'.

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