Based out of Odisha, Adhikar Microfinance Private Limited is one such organization which is dedicated to uplift life of underprivileged people.

1. ADHIKAR
MICROFINANCE
financial services to its clients.
Income Generation Loan- Income
Generation Loan is one of the primary
loan products offered to
underprivileged women in rural and
semi-rural areas. Under this product
segment, the company provides loans
to women who are not being able to
access formal financial services to
improve their standard of living. Over
the years Adhikar has touched the lives
of 1.93 lakhs of clients.
Water and Sanitation Loan -As large
numbers of households in Odisha are
exposed to unhygienic living
conditions and water-borne diseases in
the absence of clean drinking water,
Adhikar is envisioned towards this
cause and hence working on ‘creation
of low cost infrastructure for
accessibility of water and toilets’ to
ensure safe drinking water and
hygienic sanitation for the people.
Adhikar provides WATSAN loan
termed as ‘Jeevan Dhara’ and reached
out to 3348 clients.
Energy Loan-The company offers safe,
sustainable solar solution in the lives of
the rural and tribal communities of
Odisha for their social and economic
empowerment. Around 3648 clients are
benefited through this product.
MSME Loan -MSME loan is offered to
small entrepreneurs (small business
owner). MSME loan is one of the
Based out of Odisha, Adhikar
Microfinance Private
Limited is the organization
which is dedicated to uplift life of
underprivileged people. The company
is committed to creating a stable and
inclusive financial system for
betterment of socially and
economically backward people. The
company has touched the lives of
million people through its 84 branches
in five states across the country. It has
a strong presence in some of the most
backward districts of Odisha including
Nabarangpur, Malkangiri, Koraput,
Kalahandi, Bolangir, Nuapada and
Bastar district in Chhattisgarh. Also
some of the backward areas of Assam
and West Bengal.
Over the years, Adhikar has undertaken
various financial inclusion programs
through remittance, credit linkage to
Self Help Groups (SHGs) and credit
for income generation activities,
water and sanitation, house renovation,
and insurance services for its clients.
The company also conducts financial
literacy programs, safety, and hygiene
practices with skill training activities
for its client’s growth. It is associated
with more than 15000 SHGs and has
served more than 2 lakh clients.
Lading Light of Adhikar
Microfinance
With over a decade of experience in
the field of microfinance, Mr. Amin is
the Founder and Managing Director
of the company. In addition he also is a
veteran social development
professional with twenty-six years of
extensive experience in the sector. He
is one of the early votaries of the
microfinance movement in Odisha. He
has a master's degree in Law from the
Utkal University, Bhubaneswar,
Odisha. He completed the certificate
course/diploma in Human Rights from
the Chulalongkorn University,
Bangkok and has a certificate in credit
delivery and recovery mechanism from
the Garmin Bank, Bangladesh and
Harvard Business School, Boston,
USA. In addition he is an Ashoka
Fellow for the innovative approach to
financial and social intermediation
through SHGs. Under his dynamic
leadership and financial acumen,
Adhikar has reached out to extremely
difficult geographical locations
including left wing extremist affected
districts of Odisha and Chhattisgarh.
Exceptional Services Driving
Change
Adhikar Microfinance offers financial
and non-financial products to meet
specific social needs of the
disadvantaged section of the
community. The company offers below
basic requirements of the poor and
underprivileged communities for the
expansion of their respective business
and generates more income. The
company provides MSME Loan to
small entrepreneurs or small business
owners for their various financial
needs. Over the year 199 clients are
benefited through this loan.
Low-Cost Housing Loan- Adhikar
addresses the housing finance need of
the poor and underprivileged and offers
low-cost housing loan/house
improvement loan with an easy
repayment provision.
Micro-insurance- Though poor are
vulnerable to workplace injuries, only
a few of them are covered under
formal insurance. The company’s all
of the customer are covered under
credit line insurance with joint life
cover
Making a World a Better place
Adhikar strives for the betterment of
society through its exceptional
non-financial services.
Financial Literacy- Access to formal
credit along with financial education is
the key to financial inclusion of the
poor and unprivileged. Adhikar is
striving towards rendering financial
literacy to educate its customers on
various financial services and risk
management.
Cloth for Work (CFW) -Clothing is one
of the most important aspects of human
life and Adhikar makes it available for
the needy while keeping their dignity
intact.
Skill Training for Entrepreneurship-
Adhikar strongly believes in the idea of
“Entrepreneurship” as the driving force
behind sustainable and large scale
development of the marginalized and
deprived communities. It envisioned to
scale-up the capacity of the youths for
employment and entrepreneurship by
imparting skill.
Prioritizing Client Needs
Adhikar Microfinance is always ready
to walk an extra mile for its customers.
The company is creating best-in-class
income generation activities for low-
income individuals to improve their
quality of living. With better access to
financial services, health, hygiene and
sustainable green energy, the company
is ensuring utmost customer
satisfaction.
With the use of innovative information
communication technology, Adhikar is
serving a large number of customers in
a faster, transparent, secure ways. The
company supports a robust and
resilient service to the beneficiaries.
Moreover, business processes are most
efficient with the use of technology.
Future Roadmap
Adhikar has become the preferred
lender and a partner of the customers
in transforming their social and
economic life. Focus on robust digital
technology to reach out to more
underprivileged customers in remote
locations with digital financial services
and meeting the current needs like
MSME loans, housing loans,
automobile loans etc. The company is
looking forward to spread out to 6
states in India. Adhikar is the only MFI
in Eastern India to reach the most
disadvantaged people in remote
locations. We cherish this idea and
further strengthen it to achieve the
financial inclusion into a reality. It
wants to be the leading MFI in Eastern
India working in most difficult
locations including the conflict zones.
Uplifting the life of Underprivileged People
We are
transforming
the lives
of socially and
economically
backward
people
‘’
MM 2019|MM 2019|
01 02
Mr. Amin
Founder & Managing Director
1
MOST TRUSTED
NON-BANKING
FINANCIAL
T
H
E
COMPANIES TO WATCH IN 2019
“Microcredit is all about giving
hope”
- Natalie Portman