• ananditamicrocredit@gmail.com
  • CIN : U74999OR2016NPL032262

About Us

WHO WE ARE

The Anandita Micro Credit Services Foundation is a leading Non-Government socio economic Development & Financial Institution registered under Section – 8 (Earlier Section -25) of the Companies Act- 2013 in the year 2016 registered in the State of Delhi.

A BRIEF PROFILE ABOUT ANANDITA MICRO CREDIT SERVICES FOUNDATION.

A number of schemes to alleviate poverty were introduced through the official development planning process. It was then thought that the poor has no capital and he needs money/credit to improve his conditions. Hence schemes with capital subsidy were introduced. The mainstream formal financing agencies are spatially and psychologically distant form the rural poor (especially the women). They do not appreciate the economic realities of the poor in different socio-cultural and livelihood processes. Thus, their standardized products, services and lending technologies are often inappropriate for the range, diversities and fluctuations of credit need of the poor. The experience of formal financing institutions of subsidy related programmes, with high transaction cost, poor recovery and shortage of manpower inhibited the Banks not going for such type of credit any further.

Hence the emergence of SHGs to reduce the cost of transitions, numbers of accounts and improve the rate of recovery. But people’s participation in various programmes, i.e. savings and thrift and credit habits were lacking. To improve the quality of life of the poor, State Govt., NABARD and NGOs in Orissa/Haryana/West Bengal focused their attention in promoting Self Help Groups, with peoples participations, strengthening their capacity and also linking them to a wider network.

Our Mission

To reach and empower around 100, 000 women by providing micro financial services and promoting their livelihood opportunities in five-year time period.

Our Vision

To become one of the most credible and trusted Financial Institution in the country for economically weaker households through provision of hassle free micro financial services at the door steps.

Core Values

Transparency and Fair Practices
Customer centric approaches
Inclusive and responsible financing
Excellence in services
Credibility

OUR GOVERNING BODY

Mr. Prakash Chandra Sahoo: (Chairperson)


Mr. Prakash Chandra Sahoo has 34 years of working experience with Reserve Bank of India. In Reserve Bank of India he was heading in various Departments like Department of Banking Regulation, Department Of Non-Banking Supervision, Foreign Exchange Department, Department of Currency Management, Financial Inclusion and Development Department and Risk Monitoring Department. His last Assignment was Regional Director with Reserve Bank of India, Ahmedabad, Gujarat and UTs of Daman.


Ashish Kumar Dash: (Managing Director ).


Mr. Ashish Kumar Dash is the Managing Director Of the Company. He is a Post-Graduate and MBA. He is actively engaged in managing the business affairs of the company. He has having 12 years of experience in the field of Banking & Finance Sector.

OUR STORY




The salient work profile of the organization has been and will be –

• Providing earning related help to weaker section of the society

• Work for legal / Social rights of Women

• Micro financing for JLGs and women in particular

As the name suggests the organization is created and initiated to help the Nation to build its base financially safer and economically stronger; so that INDIA can shift from a ‘Developing Nation’ to a ‘Developed’ one. ‘Anandita Micro Credit Services Foundation’ will be happy to contribute its bit and provide significant assistance to India’s path of success.

Our Sponsers