WHAT-WE-DO---PICTUREMicrofinance is all about providing people living in poverty with a hand up. Instead of giving an one time hand out to few families, an investment in a microfinance institution leverages 6 times over and can serve many more poor families across India. By giving out small loans, families are able to start their businesses and thus transform their lives. Microfinance is a sustainable solution to poverty alleviation.

  • Small loans help families start their own business
  • Pensions help people support themselves in their elderly years
  • Savings help families to build their resilience and plan for the future
  • Water & sanitation loans and energy loans offer tailored loans to build water and sanitation and lighting and cooking gas infrastructure

Status of operations (as at March 31, 2016)

Name of MFI State/s No. of borrowers Loan outstanding (Rsm.)
Adhikar Microfinance Orissa, Andhra Pradesh, Gujarat 87,007 1002
Annapurna Mahila Cooperative Credit Society Maharashtra 56,691 677
Cashpor Micro Credit Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Uttar Pradesh 8,82,866 10142
C-DOT Bihar 6,005  47
EMFIL Bihar, Chhattisgarh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Puducherry, Tamil Nadu, West Bengal 964,366 19255
GO Finance Tamil Nadu, Chhattisgarh 57,092 829
Margdarshak Financial Service Ltd. Bihar, Haryana, Uttar Pradesh, Uttarakhand 133847  1642
Prayas Gujarat, Madhya Pradesh 21,707  208
RGVN (NE) Microfinance Arunachal Pradesh, Assam, Meghalaya, Nagaland, Sikkim, Tripura 3,03,784  4898
Sambandh Finserve Orissa, Jharkhand,Chhattisgarh 67,382  969
Samhita Madhya Pradesh, Uttar Pradesh, Chhattisgarh 1,27,579  1401
Shikhar Haryana, NCT of Delhi, Uttar Pradesh, Uttarakhand  40,927  518
TOTAL  27,49,253  41587

Dia Vikas Capital Pvt. Ltd India is a subsidiary of global microfinance and enterprise development impact investor – Opportunity International Australia, a member of the Opportunity International Network. Dia Vikas was established in early 2008 as a social investor to fill the gap of social investment and thereby support the growth of Indian microfinance sector and encourage the development of start-up operations in underserved areas. Dia Vikas partners with microfinance institutions to directly touch the lives of millions of people in profound need in an effective and very efficient way. Dia currently partners with 12 socially focused microfinance institutions that serve over 6.05 million poor through provision of credit, savings, insurance, remittance and pension products.

Mission, Vision, Values

Our mission is to provide opportunities for people in poverty to transform their lives. Our service partners assist millions of poor people to be lifted out of poverty permanently.

Our vision for India is to see local indigenous microfinance, livelihood and development service partners assist millions of poor people to be lifted out of poverty permanently.

Our Values
Commitment to the Poor
We focus our energy and efforts on our clients, their families and their communities. Their business needs and expectations determine the services we provide; their well-being inspires what we do.

Respect to all stakeholders
Our respect for one another compels us to value and fully affirm the dignity and uniqueness of each client. This respect is also the foundation for our relationships with our clients’ communities and our relationships with our stakeholders.

We commit to integrating actively what we believe and what we do. We will do the right thing for the right reasons, whether or not anyone will know.

We are committed to being good stewards of our own resources and those provided by our stakeholders by exercising thoughtful and cost effective use of our time, skills and finances. We strive for quality and seek to maximize the opportunities we have to fulfill our mission.

Opportunity International Australia


Opportunity International Australia provides small loans to families in developing countries to help them start a business earn an income and leave poverty behind. By helping a mother buy a sewing machine to start a tailoring business or a father buy seeds to plant a vegetable garden, small loans enable them to transform their lives, their children’s futures and their communities. With 98% of loans recycled, theimpact continues year after year.

Opportunity International Australia currently focuses its work in India, Indonesia, Philippines, China and Ghana. With more than 40 years’ experience working with the poor, Opportunity International Network is a leading provider and pioneer of socially focused microfinance and support services. Part of the global Opportunity International Network (with support members in the United States, United Kingdom, Canada, Singapore, Hong Kong and Germany), Opportunity is currently providing a way out of poverty for millions of people in more than 20 developing countries around the world.


As at March 2016

The Dia Vikas Board has a team of committed professionals who volunteer their services and expertise to guide Dia Vikas in its endeavors. To effectively utilize the services of these professionals, several committees – including audit, remuneration and asset liability management – have been formed by the Board members


Robert Dunn

Robert Dunn has been a Director of Dia Vikas Capital since 2008 and was the Chairman from that time until May 2017. He has been the Chief Executive Officer and Director of Opportunity International Australia since 2008, having joined Opportunity in November
2006 as the Chief Financial Officer. In 2017 Robert became the Global Executive Director of Opportunity International Global. He serves on the Boards of the Port Authority of New South Wales and Logosdor Limited. Prior to joining Opportunity, Robert was the Finance
Director with Patrick Corporation for 14 years. He is a member of the Australian Institute of Company Directors and of Chartered Accountants Australia and New Zealand.


Marc Breij

Marc Breij represents Cordaid on the Dia Vikas Board. Marc is partner, ‘risk management and finance’ at Accent OrganisatieAdvies. Prior to joining Accent, Marc managed Cordaid’s Financial Services (CSF) Fund supervising over Euro 75 million of investments in over 100 MFIs and MFI funds/ MIVs across three continents. Marc is also a board member of various microfinance investment vehicles. Before joining Cordaid, Marc worked for 20 years in ABN AMRO, predominantly in risk management in emerging markets, strategic advisory/performance management to the ABN AMRO Managing Board and as Chief Operating Officer for the risk management function.


Scott Norling

Scott is the Promoter and Managing Director of 4B Serve a company specializing in media communication. He serves as the International Consultant Asia Director of Joyce Meyer Ministries. He is a coalition builder, educator and pastor who has lived in India for over 30 years, serving the people of India through social service programs across the nation. Over the years he has built a number of churches, schools and developed infrastructure in small village communities including roads, sewers and hospitals.


Harry Turner

Harry Turner is the Founder and Managing Director of TRNRLTD – a startup business incubator and consulting firm based in Oxford in the UK. Investments and clients to date include: i) co founding The Wheelhouse Group Ltd, a start-up shared office space provider focused on building community amongst the start-ups and freelancers in the UK; ii) Non-Executive Director,consultant and investor in 3D Lifeprints, a start-up 3D printing company operating in the medical sector in the UK; iii) Senior Advisor to The Impact Marketplace, a US based start-up social impact fund leveraging tax deductible money in Donor Advised Funds to make social impact investments; iv) Investor in Isity Global, a Singapore based energy efficiency company recently acquired by Kollakorn Corporation Ltd – an ASX listed Company; v) Co-Founder and Senior Advisor to Open well LLP –a social impact consultancy firm, and vi) Interim Head of Credit for Oikocredit International –€1B social impact investment fund. Prior roles include the Global Chief Operating Officer of Opportunity International, responsible for microfinance program support of regulated and nonprofit programs in 27 countries and Division Director at Macquarie Bank where he grew and led a virtual, global, shared services group, managing a team of 1,000 people.


Chris Murdoch
Chris joined Opportunity International Australia in 2006. He is the Global Chief Strategist, responsible for global program strategy development, innovation and insight functions. Chris is also Asia Programs Director and Chairman of Dia Vikas Capital Pvt Ltd. He oversees the design and management of our programs in India, the Philippines, Indonesia and China. Prior to joining Opportunity, Chris was an Associate Partner of PricewaterhouseCoopers’ Global Business Services and led the Australia and New Zealand business consulting services domain.


Saneesh Singh
Managing Director

Saneesh has over 26 years of experience in the fields of development, banking, and finance, financial inclusion, MSME lending and social and impact investments. He leads Opportunity International’s initiatives in India. Saneesh has been engaged in institution building, mentoring and governance of major microfinance institutions (MFIs) and has wide exposure to innovative community finance arrangements & social impact investments in India and abroad. He is a member of Inclusive Finance India Group of Advisors and has been associated as committee member with various national level MSME technical institutes, industry associations, business incubators and management training institutions. He also serves on key committees and industry forums associated with social performance, responsible finance and impact investments.

Saneesh has earlier worked in senior managerial capacities at Small Industries Development Bank of India (SIDBI) and was part of the core team that initiated its highly successful microfinance program. He was also involved in significant initiatives relating to institutional development, capacity building, technology upgradation, livelihood financing and financial inclusion. He successfully implemented prestigious bilateral projects with UKAid, IFAD, World Bank, GIZ and Swiss Aid during his SIDBI stint. He also played a key role in startup support and growth of Bandhan, the leading Indian MFI which is now a Universal Bank.

Saneesh holds Master’s Degree in Social Work as well as in Systems Analysis and Design and is an Associate of the Indian Institute of Bankers. He is a British Chevening (Banking and Finance) Scholar from London School of Economics and Political Science and has specialized in Private Equity Investments from Indian School of Business, as also in Strategic Leadership in Inclusive Finance from Harvard Business School. He currently serves on the boards of several leading Urban and Rural Micro Finance Institutions, including a Small Finance Bank.



Montgomery Sen

Life time empaneled member of Indian Council of Arbitration, Montgomery (Monty) has been with Dia Vikas since inception/ start up stage and was member of the founding Board.

His experience spans over 20 years in Banking, Finance and Capital Markets.His strength lies in analytical, quantitative, strategic and planning skills. His expertise in people management, audit, change management and conflict resolution is an added advantage to Dia Vikas.

Prior to joining Dia Vikas Monty has worked with Multi National Corporations such as, Morgan Stanley,Standard Chartered and ABN Amro.

Saurabh Baroi Photograph  

Saurabh Baroi

Saurabh holds a postgraduate degree in Rural Management and has over 19 years of experience in Microfinance. Prior to his current engagement with Dia he has worked with both international and national organisations like CARE India, Access Development Services and CAPART. Saurabh represents Dia in the boards of many Microfinance Investee Companies. Saurabh is primarily engaged in identifying suitable investment opportunities, institutional assessments, negotiate equity and debt transactions,research business risks and opportunities, analysis of financial statements, monitoring of investee organisations, valuations, mentoring and capacity building of MFI personnel and partnership management with the Investee Companies.

Photgraph of Manas Bid  

Manas Bid

Manas holds a postgraduate degree in Rural Management from Xavier Institute of Social Service, Ranchi. He has over 19 years of experience in the microfinance sector, including with CARE India’s microfinance program in Tamil Nadu and West Bengal. His areas of expertise include sourcing and screening suitable equity investment opportunities in India, perform due diligence, analysing financial statements, risk assessments and equity valuations and monitoring equity investment portfolio. He is also proficient incapacity building need assessment of MFIs, training design and delivery, development of resource materials etc. He also represents Dia on the board of few Dia investees.