Arohan Financial Services Private Limited
Financial ServicesWest Bengal, India501-1000 Employees
About Arohan Arohan FInancial Services (P) Limited is a NBFC MFI. Arohan Financial Services (P) Limited started off in 2006 with initial support from Bellwether, and then from India Financial Inclusion Fund and Michael & Susan Dell Foundation. In Sep'12, IntelleCash invested to take a controlling stake in Arohan along with Aavishkaar Goodwell, a microfinance focused fund. With this investment, the first formal example of consolidation in the Indian microfinance sector, Arohan is now an integral part of the Intellecap Group which has over 10 years of business consulting, investment banking and research & events experience in development sector in India. Arohan operates in WB, Bihar, Assam and Jharkhand. We plan to initiate operations in six more Low Income States (LIS) being one of the top 10 financial inclusion players. Awards and Industry Recognitions >MFI of the Year (small to medium category) award at the Microfinance India Summit in 2010; >Srijan Microfinance Transparency award from Intellecap in 2010; >Srijan Client-centric Product/Services by a MFI award from Intellecap in 2009 for innovative bazaar product; >Social Performance Reporting Award from CGAP, >Michael and Susan Dell Foundation, and Ford Foundation, in both 2010 and 2009 and the Microfinance >Process Excellence Award from RBS and PlaNet Finance in 2008. Impact & Social Initiatives Arohan aims to balance both commercial and social impact to ensure that, while we are earning a viable return for our stakeholders, our customers are also benefiting from appropriate financial services. This is why we take a rigorous approach to social performance management. As a member of Sa-Dhan and MFIN, we consciously work to monitor the way in which Arohan's overall operations are affecting our clients over the long-term. Twitter - https://twitter.com/arohan_fin Facebook - http://goo.gl/Kj62Ds
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