Having started as an offshoot of “Bhoodan Movement” to carry out the
noble mission of developing the “Bhoodan Lands” (meaning donated
lands), in 1969 in a small village in Tamil Nadu, Association for
Sarva Seva Farms or ASSEFA, is a development organisation.
ASSEFA has been working towards achieving the Gandhian philosophy of
“Sarvodaya” meaning “Welfare for all”.
Its objectives are “Improving the economic, social and cultural
status of the rural communities and enhance their skills and
self-management capacity. ASSEFA also wants the rural communities to
unite without any kind of discrimination and work for the up-liftment
of the social, cultural and economic life of all andS to establish
self-sufficient, self-reliant and self managed communities based on
the principles of freedom, economic equality and social justice.”
Sarvodaya Nano Finance limited is a part of this grand plan, in
enabling the improvement of the economic and social quality of life,
especially women and artisans.
BASIX is a group of companies involved in making financial and
techno-managerial support services available to rural producers,
including the poor and women, on a commercially sustainable basis.
The Mission of BASIX is to promote a large number of sustainable
livelihoods, including for the rural poor and women, through the
provision of financial services and technical assistance in an
integrated manner. BASIX will strive to yield a competitive rate of
return to its investors so as to be able to access mainstream
capital markets and human resources on a continuous basis.
ASSEFA and BASIX share certain common ideals and some individuals
sit on the governing boards of both the Instituitions and work
together for a common cause while ASSEFA takes pride in its
community based and community oriented approach to its integrated
development BASIX focuses on livelihood issues using professionals
and technology in a big way. The two Instituitions play a
complementary role. more...
HDFC Bank Limited
HDFC Bank Limited is a leading Private Sector Bank in India who had
been supporting Sarvodaya Nano Finance Limited in its endeavours.
Indian Bank is a leading Nationalised Bank from South India who has
been in the forefront of development of women entrepreneurs.
Sarvodaya Nano Finance Limited is supported by Indian Bank in some
of these endeavours.
ING Vysya Bank
ING Vysya Bank is a leading Multi National Bank which has
been in the forefront of development individual entrepreneurs.
Sarvodaya Nano Finance Limited is supported by ING Vysya in some
of these endeavours.
Sa-Dhan is the association of Community Development Finance
Institutions, founded by SEWA Bank, BASIX, Dhan Foundation, FWWB,
MYRADA, RGVN, SHARE and PRADAN.
Sa-Dhan's evolution was the result of the stated need for a common
platform for microfinance in India by the key practitioners in the
microfinance sector who recognised that despite their diversity they
had to increase the outreach of existing programmes, launch new
initiatives or negotiate with policy makers for a favourable
Small Industries Development Bank of India (SIDBI)
SIDBI has partnered with Sarvodaya Nano Finance Limited in funding
as well as in capacity building exercises.