NEWS

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Ms. Arpita Pal Agrawal, our MD and CEO has been elected as a Board Member of Sa-Dhan Association June 2023.

We are elated to share that our MD & CEO Ms. Arpita Pal Agrawal has been elected as a Governing Board Member of Sa-Dhan Association, the first and largest association of community development finance institutions in India for supporting and strengthening the agenda of fostering Inclusive Impact Finance in India.

Click for more information: https://www.linkedin.com/feed/update/urn:li:activity:7076239145370566656/

ESAF Small Finance Bank, our partner company opens a zonal office in New Delhi, June 2023.

We congratulate our  partner ESAF Bank on the inauguration of its first Zonal Office in New Delhi by Dr. Bhagwat Kishanrao Karad, Minister of State, Ministry of Finance, Govt. of India in the presence of Shri. K. Paul Thomas, MD & CEO, ESAF SFB, and Smt. Mereena Paul, CMD, ESAF Financial Holdings. We hope that this milestone paves the way for the Bank to continue to expand in newer unbanked areas and holistically address the financial needs of the less privileged.

Click for more information:https://www.linkedin.com/company/esafbank/

Cashpor Micro Credit, our partner company since 2008, has featured as a top performer in Asia in 60 Decibels Survey, 2022.

Based on interviews with around 18,000 microfinance clients of 72 microfinance institutions (MFIs) in 41 countries, the research measured outcomes in five areas: access, business impact, household impact, financial management and resilience.

This is a resounding endorsement of their customer focus and impact having been also awarded the Gold certification, the highest standard, in the Client Protection Certifications assessment under the CERISE-SPTF framework in March 2023. https://lnkd.in/deGuR7k

Dia Vikas Capital, a subsidiary of Opportunity International Australia makes its exit from SATYA MicroCapital Limited in October, 2022

Dia Vikas Capital Pvt. Ltd, Indian subsidiary of Opportunity International Australia Limited has exited from the RBI registered NBFC-MFI SATYA MicroCapital Ltd. Dia was the initial institutional investor in SATYA. The partnership lasted for 5 years, during which SATYA received equity infusion from Dia in three tranches.

SATYA is at the cusp of its expansion with strengthening of its business across corporate development, operations, customer success, marketing, and IT transformation. In addition to yielding financial aid to unbanked sections of the population, SATYA MicroCapital consistently associates with institutions of the same wavelength to disseminate the importance of digital and financial literacy in rural areas.

Click for more information: https://www.business-standard.com/content/press-releases-ani/dia-vikas-capital-a-subsidiary-of-opportunity-international-australia-makes-its-exit-from-satya-microcapital-122102800590_1.html