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Foreword from the Director

Asmitha is engaged in micro finance activities with a vision to improve the rural poor women. Microcredit has enabled the underprivileged to access credit by providing doorstep delivery of credit and other financial services. The poor especially women in rural areas are empowered to become entrepreneurs.

Asmitha has helped create an atmosphere of viability and progress in the microfinance sector. With strong governance and efficient senior level management team, the company aspires to double-up its growth in terms of outreach, sustainability and profitability in the coming years. In the process, the need of striking the right balance between developing goals and sustainability will be made possible with the right strategies put to practice. The impact of the program is evident in the improved standards of living of its clientele. Asmitha has enthused confidence in these poor women who now understand that they are to a large extent the future of a developed economy.

©2004 Asmitha Microfin Limited

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