Niroshani Sawanawadu

Pahal is registered with Reserve Bank of India as a Non-Banking Financial Services Company more specifically as NBFC – MFI, providing microfinance services to the low-income households. Pahal started its operations in the year 2011 and became one of the fastest growing MFIs. The organization has more than 2500 employees, 300+ branches with a portfolio of more than 1600 crores stretching to 9 states of India – Gujarat, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Bihar Chhattisgarh, Haryana & Tamil Nadu. Pahal has touched the lives of more than 10 lakh+ households belonging to marginalized communities by providing them credit for income generating activities and helping them become economically self-sufficient along with bringing qualitative change in their standard of living. The mission & vision of the organization endeavours to deliver quality services to its customers by offering a range of financial and non-financial products and services. Pahal constantly strives to identify the changing needs of its existing and prospective clients and accordingly designs the products and services to make the ends meet. At present, Pahal has raised funds from more than 45 financial institutions including public/private banks, Non-Banking Financial Companies, DFIs and Foreign Investors. It is also enrolled as a partner institution with MUDRA – Micro Units Development & Refinance Agency Ltd.