Sunteți pe pagina 1din 32

03/09/10 MICROFINANCE 1

Bandhan
• Bandhan is a microfinance Institution
operating in West Bengal since 2001.
• The organization is registered under
the west Bengal Societies
Registration Act, 1961.
• It started its microfinance
operations in july 2002 with
technical support from Association
for Social Advancement(ASA),
Bangladesh.

03/09/10 MICROFINANCE 2
Mission and Vision
Mission:

• To reduce economic and social poverty


significantly through providing client
focused, quality, cost effective, sustainable
financial service.

Vision:

• To be a world-class financial institution


serving 2 million clients by March 2010.

Inspiration

• A poverty-free world through


empowerment of the poor
03/09/10 MICROFINANCE 3

VALUES

• Reflecting in our work and in the


behaviour of each and every team
member, our values “CREATE” strong
principles in us.

 C- Cost effective and sustainable


 R- Respect for all
 E- Exemplary governance
 A- Accountability, professionalism and
discipline
 T- Transparency and integrity
03/09/10 E- Effective team work and commitment
MICROFINANCE 4
Introduction
• Bandhan was set up to address the
dual objective of Poverty
Alleviation and Women
Empowerment.
• The microfinance activities are
carried on by Bandhan Financial
Services Pvt. Ltd. (BFSPL),
incorporated under the Companies
Act, 1956 and also registered as a
Non Banking Financial Company (NBFC)
with the Reserve Bank of India (RBI).

03/09/10 MICROFINANCE 5
• Bandhan marked its entry into the
microfinance (MF) world in July
2002.
• Started with 3 staff (including myself)
and 1 branch office in Howrah
district in the state of West Bengal.
• It had disbursed a total of Rs.
3,686.61 crores (737.32 million
US$) and loan outstanding stands
at Rs. 1,079.93 crore (215.99
million US$).
03/09/10 MICROFINANCE 6
Organizational
Background
• Bandhan (meaning togetherness) 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, for their social upliftment
and economic emancipation.
• With this aim in view, Bandhan is
mainly engaged in MF activities with
target women residing in rural and
03/09/10 MICROFINANCE 7
• Bandhan’s commitment towards
double bottom-line values is
strongly asserted by its
intervention in development
activities.
• It believes that Microfinance is not
the last word for development of
the poor.
• Aspiring to holistic development of
poor, Bandhan supports
development activities (health,
03/09/10 MICROFINANCE 8
• we have set up a separate wing for
development programs and made
intervention in important areas viz.
education, health and the like.
• The focus during the FY 2009-10 is to
further scale up these programs.

03/09/10 MICROFINANCE 9
BANDHAN OUTREACH

03/09/10 MICROFINANCE 10
Chairman & Managing Director
Mr.Chandra Shekhar Ghosh

Prof. Amitava Sanyal


Dr.Ajit Kumar Mr
Roy.Vishwanath Prasad Mr
Singh
.Yogesh Chand Nanda

03/09/10 MICROFINANCE 11
Bandhan as on Jan 2010
 No. of states :15
No. of branches : 1024
No. of members :23,26,636
No. of staff : 6,517
Loan disbursed this month : Rs. 297 Crores
Loan outstanding : Rs. 1,289 Crores
 Source: www.bandhanmf.com

03/09/10 MICROFINANCE 12
Bandhan Performance report on
oct-2009

03/09/10 MICROFINANCE 13
Development Performance
report

03/09/10 MICROFINANCE 14
THP(Targeting the Hard Core
Poor)
• The hard -core poor is the poorest section
amongst the population with a few or no asset
base, highly vulnerable to any shocks and
mainly depending on wage labor, begging etc.
• Bandhan decided to reach out to the hard core
poor through its piloting program called
Chartering into Un ventured Frontiers-
Targeting the Hard Core Poor (CUF-THP).
• The program (24 months duration) has been so
designed that the initial tasks involved will be
tracking these hard core poor through
Participatory Rural Appraisal (PRA), wherein
the village community collectively selects the
neediest women.
03/09/10 MICROFINANCE 15
THP(Targeting the Hard Core
Poor)
• The program is effective since January
2007.
• The program is running in 22 branches
across eight districts of West Bengal,
India and reaching out to 2,068 hard
core poor families .
• In terms of funding, it has received
some grant money from CGAP, The
Ford Foundation & The Michael and
Susan Dell Foundation.
• Massachusetts Institute of Technology,
USA has been associated with the
research of the CUF-THP Program in
03/09/10 MICROFINANCE 16
03/09/10 MICROFINANCE 17
03/09/10 MICROFINANCE 18
BEP(Bandhan Education
Program)
• With a view to bring about a distinct
improvement in this regard, Bandhan
decided to introduce Non Formal
Education Program (Primary).
• Aiming to ensure that all poor children in a
community receive primary educational
facilities.
• The program also aims to ensure 100%
attendance of students enrolled in the
schools and reduce their 100%
dependence on private tutors.
• This led to the setting up of 10 schools in
03/09/10South 24 Parganas in West Bengal, India
MICROFINANCE 19
03/09/10 MICROFINANCE 20
BEP(Bandhan Education
Program)
• Bandhan establishes small schools
which have up to 33 students, who
are taught by an educational
facilitator.
• The facilitators are selected from the
community itself.
• The facilitator's duty is to ensure that
these children successfully pass
grades I through IV.
• The objective is to teach the same
curricula that take four years to teach
in Government schools, in three
03/09/10 MICROFINANCE 21
03/09/10 MICROFINANCE 22
BHP(Bandhan Health
Program)
• The goal of this project is to reduce
the health expenditure of poor
families and to ensure easy
accessibility to health care services
available at governmental and non-
governmental levels in a sustainable
manner.
• This also maintains the borrower's
ability to repay the loan, help them
increase their enterprises and also
contributes to sustaining the
microfinance program of Bandhan.
03/09/10 MICROFINANCE 23
A Swastha Sohayika distributing an ORS packet to a
woman in her village

03/09/10 MICROFINANCE 24
03/09/10 MICROFINANCE 25
BLDP(Bandhan Livelihood
Development Program )
• Bandhan promises a greener world
through production of 100000
saplings (consisting of timber and
fruits) in 2009-10.
• The program would be implemented
across 100 branches, targeting at
least one beneficiary in each branch.
• Each beneficiary will be encouraged to
grow 50,000 saplings in nursery by
providing all kinds of necessary
supports.
03/09/10 MICROFINANCE 26
EUP(Employing the
Unemployed Program)
• Bandhan collaborates with Tally India
Pvt Ltd and HSBC under the Scheme
for Skill Development for the
Registered Job seekers for tackling the
unemployment scenario in West
Bengal.
• Under the scheme, potential
beneficiaries will receive a course
called Certificate in Computerized
Accounting delivered by Tally
Academies spread all across West
Bengal.
03/09/10 MICROFINANCE 27
Faculty delivering a class on Tally
Accounting to underprivileged students
03/09/10 MICROFINANCE 28
Impact ( Success Story ):
 
Sima Mukherjee (32) lives with her son and husband.  
They had a small stationery goods shop before she took a loan from
Bandhan. Sudden death of her father-in-law brought restiveness in
their family because the pension that her father-in-law used to get
was a major portion of their family income.
She heard about Bandhan from her sister and took a loan of Rs.
3,000 in the year 2005 and started distributorship of Apna 
Chanachur (fries).  Receiving Rs. 6,000 as her 2nd loan, in the
year 2006, she invested half of that in her existing business
while the rest amount was utilized in starting up of a new
business of ‘soya nuggets ’. In the year 2007, with her 3rd loan of
Rs. 10,000 she expanded her business and took distributorship of
MPS food products.  

03/09/10 MICROFINANCE 29
• A prominent transformation was visible in her lifestyle. She
could give admission to her son in an English school, and a
football coaching, also could provide a private tutor.
She was in a position to take a bigger loan and a stable
income allowed her to apply for a bigger loan under Micro
Enterprise Program (MEP). With the MEP loan of Rs.30, 000 she
wisely began   distributorship of Parle – G food products
(basically biscuits ). The current loan of Rs.40,000 has been
utilized in her existing business only. She is now engaged
in the distributorship of Parle – G, Apna Chanachur, Feel
Good Soya Nuggets. She is possessing a carrying van and
employing a driver and sales man for the same. After
meeting all expenses her monthly net profit stands at Rs.
16,000 –Rs. 18,000. She is looking forward to take another
loan from Bandhan once she finishes this one.  

03/09/10 MICROFINANCE 30
 Bandhan raises $51 million
from SIDBI
• Bandhan microfinance will provide
loans to an additional half-a-million
borrowers.
• At an interest rate of 12 per cent per
annum for five years.
• Bandhan plans to use the fund to
provide micro loans at an interest of
24 percent (on reducing balance
basis) with a margin of 4 percent to
meet the cost of operations.
• On a fixed rate basis, the rate will be
12.5 per cent per annum, the report
03/09/10 MICROFINANCE 31
References
• Karmakar, K.G.,2008, “ Microfinance In India,
Sage Publication Pvt. Ltd., New Delhi
• www.bandhanmg.com

03/09/10 MICROFINANCE 32

S-ar putea să vă placă și