ANNAPURNA FINANCE PRIVATE LIMITED

About the issuer

Annapurna Finance Private Limited (AFPL), established in 2009, is a leading non-banking financial company-microfinance institution (NBFC-MFI) in India. Headquartered in Bhubaneswar, Odisha, AFPL provides financial services to underserved communities, focusing on economically weaker sections and women in rural and semi-urban areas. As of March 31, 2023, the company operated across 388 districts in 20 states and union territories, serving over 2.4 million borrowers through a network of 1,183 branches. AFPL offers a range of products, including microfinance loans, MSME loans, and housing finance, aiming to empower clients and promote economic security. The company has received a 'M1C1' grading from CRISIL, indicating its strong capacity to manage microfinance operations sustainably.