Kerala ESAF Microfinance Selected By World Bank
June 11 2013
Kochi
ESAF Microfinance a Kerala based Corporation have been chosen by World Bank fro executing its India Development Marketplace Initiative. The company is among the 20 others.
The project aims to scale up innovative business models in Madhya Pradesh, Chhattisgarh and Jharkhand. K Paul Thomas, Managing Director, ESAF Microfinance, said winning the $1,00,000 grant was a moment of pride as ‘the efforts of ESAF Microfinance are accepted as scalable, replicable and financially sustainable by none other than apex International Organisations like World Bank and International Finance Corporation (IFC)’.
Source– http://english.manoramaonline.com/cgi-bin/MMOnline.dll/portal/ep/contentView.do?contentId=14273855&tabId=1&programId=11565538
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