INTRODUCTION

•Bandhan was born in 2001 under the leadership of Mr. Chandra

Shekhar Ghosh, a Senior Ashoka Fellow.
• The main thrust of Bandhan is to work with women who are socially
disadvantaged and economically exploited. Bandhan works for their
social upliftment and economic emancipation.
•To achieve the above objective, Bandhan is basically engaged in the
delivery of microfinance services to the poor women.
Bandhan has been engaged in the delivery of microfinance service
for the last 13 years. The model followed is individual lending through
group formation.
• All microfinance activities are carried under Bandhan Financial
Services Limited (BFSL), incorporated under the Companies Act,
1956 and also registered as a Non Banking Financial Company
(NBFC) with the Reserve Bank of India (RBI).
The microfinance operations started from Bagnan, a small
village which is 60 kms away from the city of Kolkata. In 13
years, Bandhan has travelled a wide geography of 22 States
and Union Territories with special focus on eastern and
underdeveloped states of North East.

Over a short span of 13 years of operation, Bandhan has

received various accolades for the efforts it is taking towards
women empowerment and poverty alleviation. These awards
are not just mere awards but more of a motivation for the entire
team to march ahead towards achieving its mission and vision.
Bandhan takes this opportunity to thank all those who have
been associated with Bandhan and have supported our
endeavors in whatever way possible.
To reduce economic and social
poverty significantly by
creating employment through
providing cost effective ,
sustainable financial and other
development services.
 OBJECTIV
E
To work with those who are
socially disadvantaged and
economically exploited, especially
women. Bandhan works for their
social upliftment and
emancipation by providing micro
financing services.
C Cost effective and simple

R Respect for all

E Exemplary governance

A Accountability

T Transparency and integrity

E Effective team work and

commitment
Need for MFI’s
 Credit has to be created for demand condition
 Has worked as a mechanism to correct
market imbalance
 Has worked as a empowerment tool
 Cheaper credit has allowed people to
innovate and take risks.
Strengths
High level of international recognition
Easy corpus formation due to credibility
Network spread in 18 states
The model – Sustainability
The progress speaks for itself
Bottom up approach to development
Expansion of choice availability to IB’s
 METHODOLO
•
GY
Group formation individual lending
approach.
• A group of 10-20 members is formed.
• Clients have to attend the meetings
for 2 successive weeks.
• After 2 weeks they are entitled to
receive loans.
• The loans are disbursed individually
and directly to members.
Direct Benefits
Dual objective: Poverty alleviation and women
empowerment.
Increasing family income through women
helps increase status of women in the family
and society.
Confidence and decision making power
increases.
 Indirect Benefits
Aids formation of Small scale / cottage
industries such as :
Embroidery
Animal Husbandry
Crafts work
Vegetable vending etc.
These industries create employment for the
whole population.
Loan products
 Micro loans for health, enterprises and health
 Interest: Reducing balance method
 Loans are sanctioned to enable members to
pursue income generating activities
 Borrowers and their spouse are covered
under insurance
 They are not fined for late payments( no
penalty)
 Weekly / fortnightly/ monthly instalments
based on choice
 Loan granted without a collateral
 Pension Services
 Remittance services: International money
transfer services brought closer to the homes
of those whose families are abroad. Tie up
with Western Union in August 2010
 These are the programs operational through
microfinance
Targeting the Hard Core Poor
 Grant based program
 Objective- Uplift them
to mainstream finance
 Formation of village
committees that act as
guardians after the
completion of the
program
 They have received
grants from various
associations
( International)
Other Programs
Employing the unemployed program
Bandhan health program
Bandhan livelihood program
Axis bank Bandhan holistic assistance
 Future Plans (Prognosis)
Pan India coverage to reach out to the
unreached.
Diversifying/modifying products according to
the clients need.
Achieve the vision statement.

Recently the Bandhan receives

final clearance from RBI to set up
universal bank.