e-SAMPARK

We are now Annapurna Finance Pvt. Ltd.

Volume X, Issue-1, March 2018

Annapurna observed InternationalWomen's Day-2018 by felicitating twowomen entrepreneurs; Ms. Tara Das ofRajamoni Foods and Ms. Charul Parmarof Cake Studio. The employees whoperformed well were also recognized.The words from Ms. Tara Das and Ms.Charul Parmar were motivating for ourwomen employees. They emphasizedthat if you have the will power anddream, you can do anything. Mr.Gobinda Chandra Pattanaik, Chairman& MD addressed the gathering with hisinspirational words.

Sep-17 Dec-17 Feb-18

States 11 11 11

Branches 300 329 352

Members (‘000) 1198 1280 1195

Loan Disbursed (YTD) (INR Mn)

8510 13648 17889

Gross Portfolio (INR Mn)

14880 16428 17970

Total Assets (INR Mn) 16476 17487 19191

Net worth (INR Mn) 2333 2369 2433

Managed Portfolio (INR Mn)

1733 2288 2268

Operational Highlights Gross Loan Portfolio (in Mn) Key Ratios

International Women’s Day Celebration at Annapurna

Financial and Operational Updates

The Company has rebranded itself to Annapurna Finance Pvt Ltd, which was previouslyAnnapurna Microfinance Pvt Ltd. The name change was done keeping in mind that theCompany’s focus is now diversified into MSME and Affordable Housing loans, apart from themajor focus in Microlending.

6.4%

12.0%

6.9%

9.3%

0.7%

5.0%

0.00%2.00%4.00%6.00%8.00%

10.00%12.00%

DER

Fin Ex

Opex

NIM

RoA

RoE10732 1098012386

1339614880

1642817970

02000400060008000

100001200014000160001800020000

Besides twelve existing states, AnnapurnaFinance expanded its business in the state ofWest Bengal. Apart from this, the Company isalso expanding the operations in the northernstates of Haryana and Punjab. The Companyhas already started its operation in these stateswith over 15 new branches.

Consumer Durable Loan and Solar Light Loan for Customers

The Company is more extensively usingBusiness Intelligent tools to help accelerateand improve decision-making throughvisualizations, optimizing internal businessprocesses, increasing operational efficiency,driving new revenues and to be competitive.

In addition to this, the risk analytics also helpsto track performance of the branches andindentify the risky branches by putting scoreson certain predefined parameters.

Operational Expansion of Annapurna

Advanced Data Analytics to accelerate the Decision Making

Annapurna Finance started the pilot ofConsumer Durable loans for it’scustomers to improve their lifestylequality. In collaboration with a Chennaibased organization Inthree Access,Annapurna will help the customers toget loans to buy durables from e-marketplace application Boonbox.Annapurna has also started providingloans to their customer for solar light asan initiative to step forward for a betterenvironment. In a Partnership withGreen Light Planet, Annapurna isproviding small loans up to INR. 2199with a very small EMI amount for aperiod of 6-12 months.

Delinquency Management Training for Annapurna Staffs

Annapurna Finance organized Delinquency Management Trainings andReview Meetings for the staffs. Trainings were organized at Kanha, MPand Tadoba, Maharashtra. In these trainings, the participants weretaught about the impacts of delinquency & the delinquencymanagement process. Staffs from different level of operations were

trained in the training. The training programs focused on identifying themeaning and causes of microfinance delinquencies, determining thecosts impacts of delinquencies, analyzing the factors influencingdelinquency and determining how to manage delinquencies.The main idea of the meetings were to monitor progress of theorganization from a strategic level and make sure that objectives are ontrack. This review meeting report summarizes activities and majorprogress during the period including challenges faced.

Induction and Refresher Training

Total No. of trainees during Jan and Feb,’18:946

Level of Participants:FCO, DO, ABM & BM

Operational Expansion of MSME Financing

After completion of pilot of

Microenterprise loan, Annapurna

expanded the operational area for this

product and has opened 22 separate

MSME branches in 6 different states. As

on 1st March, 2018 the outstanding

portfolio of the project has reached to

17.27 crore with client outreach of 1,430.

Manpower strength of the project is 150.

Induction and training programme of

new staff was organized in Puri, Odisha.

Participative approach to Forming Gender Policy

On 12th January, an interactive sessionwas conducted by Dr. Tania S. Rath andProf. Moushumi Padhi, professionalsfrom XIMB currently engaged for theformulation of Annapurna’s GenderPolicy. All the State Heads and ZonalManagers participated in the meetingand shared their views, presentpractices influencing gender concern inthe organization and theirrecommendation for the gender policy.

Social Audit by BNP Paribas Representatives

BNP Paribas supported Annapurna forSocial Audit and two representativesfrom BNP visited Annapurna from 12-16 February. During their stay, theyinteracted with strategic managementand departmental heads fromAnnapurna and also visited Beguniaand Barang branches and interactedwith clients.

2nd Edition of ‘The Achievers’

After a grand celebration of Women’s Daywith renowned women entrepreneurs inBhubaneswar, Annapurna published 2ndedition of the internal newsletter ‘TheAchievers’. The newsletter is to recognizeand promote women employees fromdifferent states, departments andfunctions of Annapurna.The Achievers consists of the journeysand experiences of our womenperformers is a small initiative torecognize the women employees andmotivate others with their inspiringstories.

Annapurna Finance Pvt. Ltd.(Formerly Annapurna Microfinance Pvt. Ltd.)

Corporate Office:1215/1401, Khandagiri Bari, Opposite Jayadev Vatika,

Khandagiri, Bhubaneswar – 751030,. Odishae-mail: esampark@ampl.net.in; Ph: +91-674-2350253

website: www.ampl.net.in

Financial Literacy Training with support of SIDBI

15 Master Trainers from the FinancialLiteracy and Women EmpowermentProgramme attended the 2nd Trainingof Trainers from 17th to 21st March.Reputed trainers Ms. Ujjwala Jatkar andMs. Naliniprava Mishra deliveredseveral learning sessions on financialdecision making, good health andhygiene practices, and womenempowerment.

Annapurna participated in Customer Centricity Learning Event

Annapurna participated in the fourdays Customer Centricity LearningEvent at Mahabalipuram, Tamil Naduorganized by SPTF and CGAP. Thefocus of the conference was ClientCentricity concept in implementation,technology inclusion to supportfinance organization and capturingoutcome of interventions of financeorganizations.

Holi Celebration at Mission Ashra