History of ESAF Co-operative

About ESAF Co-operative

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ESAF Swasraya Multi State Agro Co-operative Society Limited is reaching out over 20Lakhs low income women across 5 states of India through multiple programs and initiatives that promote financial inclusiveness. The vision of ESAF Co-operative is “total financial inclusion of its members that promotes economic development”. ESAF Co-operative is the first business correspondent of ESAF Small Finance Bank and it makes sure that the last mile is reached with need based and affordable products and services. It is actively engaged in dedicated member services function like entrepreneurship development, skill training and financial literacy programs for the rural masses especially women. All the members are given insurance coverage and in the year 2017-18, member welfare sum totaling INR 17.37 Crores was provided to 6695 beneficiaries.

The larger objective of ESAF is to fight the partiality of prosperity and the same is achieved through the customer centric approach, strategies, products and services offered by ESAF Co-operative to the last mile customer. The unique model of ESAF Cooperative serves to bring various subsidiaries of ESAF together and offer seamless service to its members. One of such initiative is its active support to the Dairy sector through Rhema Dairy Products India Pvt Ltd through which Dairy Farmers are made part of the uniquely designed supply chain. Being an agri-cooperative. special focus is given to agriculture and allied activities, community farming, organic processing etc. ESAF Co-operative is engaged in the Capacity Building of Farmer Producer Organizations which aims at strengthening their partnerships with formal financial institutions so that the farmer community can get better price for their produce.

ESAF Co-operative could successfully tie-up with various Government &multilateral agencies in the implementation of their projects especially in the sectors of rural/ entrepreneurship and skill development of women and youth etc….

CFMS is an initiative of ESAF Cooperative, launched in 2016 to create employment opportunities in massive scales in unorganized sectors like House Keeping and Security Services to its members. Under the umbrella of CFMS, ESAF Co-Operative has expanded its footprints into areas like Event Management, Office Support Service, Cash Management and MEP Services. CFMS is also equipped enough to render its services to Corporate, Commercial, Manufacturing/ Factories, Education, Retail, Government and Financial Institutions across India.

Information &Communication Technology Supported Services offered by CFMS engaging well trained service personnel across different regions in the country have proved to be the right launch pad for aspiring job seekers and are thereby contributing to realize our vision of creating employment opportunities.

ESAF has taken an active role in Kerala flood relief & rehabilitation activities. To support communities and families affected by monsoon flooding in Kerala, a combined effort with Government of Kerala representatives was done by ESAF in the reconstruction mission of Kerala. The relief mission activities included distribution of relief materials worth more than Rs.8 Crore, Credit facility for Livelihood Development, Housing projects etc. offering unstinting support in rebuilding Kerala.

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