Chaitanya

Chaitanya
169, 1st Floor, 5th Main,
Chamrajpet
Bangalore, Karnataka 560018

ph: 080 26677690
fax: 080 26677690

About Us

Mission

Chaitanya’s mission is to improve the lives of low income families through provision of financial services.

Goals

  • Reach at least one lakh households by Dec 31 2012
  • Have an outstanding loan portfolio of at least Rs. 50 Crores by Dec 31 2012

Core Values of Chaitanya

  • Discipline: Microfinance demands discipline from both employees and clients. The employees of Chaitanya will first be disciplined before we demand discipline from our customers.
  • Fairness: We will always be fair in our dealings with all our stakeholders, our customers, our employees and regulatory authorities.
  • Meritocracy: The growth of our employees in the organization will be based on merit, on the basis of their individual ability and achievement.
  • Respect for Customers and Employees: We will always respect our customers and our employees in all our dealings with them
  • Continuous Learning: We will always encourage our employees to continuously learn

 

Chaitanya’s logo is the graphical representation of the coconut tree which has a strong significance in rural areas. The coconut tree represents the values of usefulness. We would like to serve our customers similar to a coconut tree and in the most efficient manner. In between the fronds the logo also represents people and the spirit of team work.

Overview

Chaitanya started as a non-profit organization (NGO) in 2004. From 2004 till 2007, Chaitanya NGO worked in the area of primary education and in promoting small enterprises in rural areas. Chaitanya commenced its microfinance operations in October 2007 at Nayakanahatti village in Chitradurga district. For two years Chaitanya carried out its microfinance operations as a NGO. In October 2009, Chaitanya obtained a Non Banking Finance Company (NBFC) license from Reserve Bank of India for a newly registered company, Chaitanya India Fin Credit Pvt. Ltd.(CIFCPL). Since October 2009, CIFCPL is conducting microfinance operations as a for profit company.      


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Chaitanya
169, 1st Floor, 5th Main,
Chamrajpet
Bangalore, Karnataka 560018

ph: 080 26677690
fax: 080 26677690