Kochi: Thrissur-based ESAF Microfinance, one of the premier microfinance institutions
in the country with operations across 10 states, bagged the prestigious SKOCH
Inclusion Award and the SKOCH Order of Merit 2016 for financial inclusion. In
the 44th SKOCH Summit held at BSE Mumbai, K. Paul
Thomas, Chairman and Managing Director, ESAF Microfinance and Mereena Paul,
Head HR, ESAF Microfinance received the award from Ashish Kumar Chauhan, MD
& CEO, BSE Ltd. SKOCH Award is considered as the highest independent honour
in India for financial inclusion.
“When
it comes to financial inclusion, ESAF cannot be excluded. We have proved it
once again” said an elated K. Paul Thomas after receiving the award. The award
is an acknowledgement for people, projects and institutions that have made
significant contributions to the cause of financial inclusion or financial
deepening. He added that it was a forum to accept those who demonstrated
business success through strategy, innovation or use of technology by adhering
to the norms of financial inclusion.
ESAF Microfinance was chosen for
the awards from 950 nominations received in different categories such as
Business Leadership, Digital Inclusion, Social Inclusion, Customer Service and
Financial Inclusion. The three stage selection process comprised of
sending the nomination in the prescribed format, presenting our case before the
eminent jury members and setting up of an exhibition stall to present and
display the products and communication materials.
ESAF Microfinance is one among
the ten leading MFIs in India. It was the only organization from Kerala
that has won an in-principle license to launch a Small Finance Bank. ESAF
Microfinance is headquartered at Thrissur in Kerala and operates across 10
states in India.
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