About Us
Empowering Lives Through Accessible Microfinance Solutions
VAASAVI IVF MICRO FINANCE PVT LTD. is a micro finance company that provides affordable and accessible financial services to low-income individuals and small businesses in India. Our mission is to empower our customers to improve their livelihoods, create jobs, and contribute to the economic development of their communities.
We have a strong management team with extensive experience and expertise in microfinance, banking, and social development. Our team is committed to delivering high-quality services to our customers and achieving social and financial impact. We also have a network of well-trained and motivated staff who work closely with our customers at the grassroots level.
Promoting Financial Inclusion
To carry on the business of micro-finance and to undertake microfinance activities in the urban and rural areas to provide collateral free credit in the form of income generation loans, emergency loans, other loans and also deliver credits in the cities, towns and villages of India with a view to provide them sustainable livelihood and/or enhancement of their family’s livelihood
Fostering Economic Empowerment
To render financial aid to individuals and/or small business for the purpose of self- employment, vocational skill development, training for traditional occupations, etc. To leverage the finance schemes that can benefit the lower strata of the society.
Empowering Women Entrepreneurs
To encourage women entrepreneurs by way of financing, development activities for the purposes including but not limited to Agricultural development, Industrial development, Market linkage development and Habitat development, etc.
Aspirations for Success
Our Goals for Impactful Change
To offer financial assistance
To increase women participation in generating sustainable livelihood
To allow access to quality healthcare
To make low income strata self relient
To increase the mode of livelihood
To offer banking and financial services to small scale enterprise
VISION
To empower individuals and communities by providing access to affordable and sustainable financial services, leading to improved livelihoods and a more inclusive society.
MISSION
Our mission is to offer tailored microfinance solutions to underserved and marginalized populations, fostering economic independence, entrepreneurship and social empowerment. We are committed to promoting financial inclusion, fostering community development, and creating lasting impact for our clients and stakeholders.
The Team
Board of Directors
K.K. Balu is former Vice Chairman of Company Law Board. He has 55 years of Legal/ Judicial/ Banking/ Teaching/ Housing Finance Experience. His vast experience includes being Vice-Chairman and member (Judicial) of company Law Board, has held senior position in National Housing Bank and Syndicate Bank, directorship in BOB Housing Finance Limited; Shriram Housing Finance Limited; Periwal Bricks Limited & Akshay Avas Nerman Vitta Ltd., and practiced as an Advocate, demonstrating great Leadership Skills and high professional standards.
Currently , apart from resuming the practice of law, since December 2009, Balu has been empanelled as an Arbitrator.
Career Path
55 years of Legal/Judicial experience in the areas of Corporate, Banking and Securities Laws.
Vice-Chairman, Company Law Board from July 2005 to September 2009.
Member, Company Law Board from September 1996 to July 2005.
Professional Banker from November 1978 to September 1996.
Advocate from March, 1968 to November, 1978 & since December, 2009.
Mr. Ashok has vast experience in transformation of the bank from manual banking to modern era technology bank. He provides insights on strategic technology initiatives across the organization and build standardization, collaboration, and technology innovation across banks.
Mr. Ashok possess an insightful knowledge of System Integration and Implementation of multiple banking products. He has handled the projects from the digitization stage to the latest digital transformation technologies. He is a techno- functional person with knowledge in Banking, Information Technology, Information Security Systems, and Electronic payments.
Significant Accomplishments
Successfully crafted Two Factor Authentication (2FA) for e-Commerce transaction in Association with VISA, which is now followed across the industry.
Successfully designed and implemented Amazon pay-later program and Fast tag program in KVB.
Recipient of The Master Card Innovation award for POS business in KVB.
Won the “BEST IT LEADER 2020” for driving customer experience in the 10th edition of the BFSI Innovation & Technology summit.
T. Siva Rama Prasad
Director
Mr. Siva Rama Prasad has been the CFO & CIRO in Karur Vysya Bank with 42 years of experience, in wide range of financial, investment and investor relations functions in Banking, Branch Banking, Appraisal of Corporate & SME proposals, Credit Monitoring, Divisional Head for 9 years in different Geographies.
He has Prior experience as Technical Officer and Branch Banking with Andhra Bank.
Acted as Board of Director in Industrial and Technical Consultancy Organization of Tamilnadu Limited (ITCOT) representing the Karur Vysya Bank.
General Manager, Group Head for Commercial, Corporate, Agriculture Advances for 17 months. Worked for 7 years 3 months as Chief Financial Officer of KVB at Head Office.
Career Path
General Manager & CFO from April 2012 to October 2020.
Deputy General Manager from April 2008 to March 2012.
Assistant General Manager from June 2002 to March 2008.
Chief Manager from April 1998 to May 2002.
Credit Analyst/ Senior Manager/ Branch head from May 1994 to March 1998.
Trust and Worth
Our Clients
