CELEBRATING THE JOY OF GRIT, GOODNESS AND GLORY | ESAF

ESAF Bank
10 Jul 202311:48

Summary

TLDRThis video celebrates 31 years of ESAF, a non-profit founded on Christian values to uplift marginalized communities. From humble beginnings in a small house, ESAF has grown into a major organization fostering economic empowerment through microloans, healthcare, housing, and education. Inspired by Nobel laureate Muhammad Yunus, ESAF has created jobs, transformed lives, and supported sustainable development. With over 15,000 employees and 6.5 million customers, ESAF continues its mission of community transformation, social entrepreneurship, and sustainability, celebrating grit, goodness, and Glory in service to the underprivileged.

Takeaways

  • 🌱 ESAF started 31 years ago as a small non-profit in Manuti, India, focused on helping marginalized communities.
  • 🙏 ESAF was inspired by Christian values and formed by a group of like-minded individuals committed to helping the poor.
  • 💼 ESAF's journey includes microfinance programs that transformed individuals from job seekers to job providers, aiding national economic growth.
  • 🎖️ The organization has been influenced by Professor Muhammad Yunus' microcredit model, with seed capital from Grameen Trust playing a key role.
  • 🏢 ESAF has grown into multiple ventures, including microfinance, healthcare, retail, housing, and self-help group federations.
  • 🏫 ESAF supports education, providing schooling to thousands of students, with initiatives like Let Them Smile and Bridge Schools.
  • 🌍 ESAF aligns its work with the UN’s 17 Sustainable Development Goals, focusing on societal upliftment, not just profit.
  • 🤝 ESAF has partnered with international organizations like World Bank and ILO, as well as the Indian government, for various social projects.
  • 🏠 ESAF focuses on grassroots community transformation with initiatives like affordable housing, healthcare services, and sustainable farming.
  • 🔧 ESAF empowers individuals by offering training programs in areas like solar energy installation, creating new entrepreneurs.

Q & A

  • What is the primary mission of ESAF, and how does it align with its founding principles?

    -ESAF’s primary mission is to uplift marginalized communities by addressing social issues, fostering economic prosperity, and promoting sustainability. This aligns with its founding principles of serving the poor and underprivileged, inspired by Christian teachings and driven by a commitment to community transformation.

  • How did ESAF begin its journey and where was it founded?

    -ESAF began its journey as a non-profit society in a small house in Manuti, where it provided shelter and support to marginalized communities.

  • What was the role of microfinance in ESAF’s growth and how did it evolve?

    -Microfinance played a crucial role in ESAF’s growth. Starting in 1995 with a micro-enterprise development program supported by Ecore, ESAF provided microloans that transformed individuals from job seekers into job providers. This initiative eventually led to the formation of ESAF Bank.

  • Who was Professor Muhammad Yunus, and how did he influence ESAF?

    -Professor Muhammad Yunus, a Nobel Peace Prize winner and pioneer of microcredit, influenced ESAF by inspiring its microfinance initiatives. The seed capital from Grameen Trust, founded by Yunus, provided a foundation for ESAF’s growth.

  • What is the philosophy behind ESAF’s services and its commitment to sustainability?

    -ESAF’s services are based on the philosophy of 'People, Planet, Prosperity,' reflecting a commitment to sustainability. ESAF continuously strives to achieve the 17 Sustainable Development Goals set by the United Nations.

  • What initiatives has ESAF launched to support marginalized communities and foster entrepreneurship?

    -ESAF launched several initiatives, including micro-entrepreneurship training programs, self-help groups for women, and ESAF Cooperative for last-mile services. It also introduced ESAF Retail to provide market access to farmers and micro-entrepreneurs.

  • How does ESAF contribute to education and youth empowerment in India?

    -ESAF supports education through projects like Let Them Smile, which operates 11 village schools and provides educational support to around 1,000 students. It also offers micro-entrepreneurship training and skill development programs to empower aspiring entrepreneurs.

  • What role does ESAF play in healthcare and community infrastructure development?

    -ESAF is involved in healthcare through initiatives like mobile medical vans in Kerala and multi-specialty hospitals in rural areas. It also supports community infrastructure through affordable housing projects and development initiatives like Prachodhan.

  • What projects has ESAF undertaken in partnership with the Indian government and international organizations?

    -ESAF partnered with the Indian government on projects like Sanchar Shakti Scheme and Ambedkar Hastashilp Vikas Yojana. International organizations like the World Bank and ILO have also collaborated with ESAF for project execution in India.

  • How does ESAF view its success, and what is the significance of its CSR programs?

    -ESAF views its success not just through awards and accolades but through its ability to positively impact underprivileged communities. Its CSR programs, funded by ESAF Bank, focus on critical issues like education, healthcare, sanitation, and livelihood development.

Outlines

00:00

🎉 Celebrating 31 Years of ESAF's Journey

ESAF (Evangelical Social Action Forum) celebrates 31 years of service, highlighting its beginnings as a non-profit society founded in a small house in Manuti. Inspired by Christian values, ESAF has worked toward uplifting marginalized communities, focusing on social and economic transformation through programs like disaster relief and microenterprise development. Starting with microloans in 1995, ESAF helped individuals become job providers, impacting national progress. Inspired by Nobel laureate Muhammad Yunus and funded by his Grameen Trust, ESAF grew into a multi-faceted organization with ventures in microfinance, healthcare, retail, and housing.

05:02

🌱 ESAF's Social Impact and Growth

ESAF's progress has been fueled by international investments and evolved into a recognized microfinance institution. Over time, ESAF expanded its services, contributing to community transformation from the grassroots, maintaining a focus on sustainability through its 'People, Planet, Prosperity' philosophy. ESAF also supports the 17 Sustainable Development Goals and emphasizes societal upliftment over profit. Through self-help groups, training, and on-ground support, it empowers women and entrepreneurs. ESAF has also launched initiatives like Rhema (a dairy brand) and affordable housing solutions to further support economic development.

10:03

🚑 Healthcare, Education, and Welfare Initiatives

ESAF's mobile medical vans provide healthcare to the underprivileged in Kerala. ESAF launched a staff welfare trust and was selected by the Government of India for projects like the Sanchar Shakti Scheme. International organizations like the World Bank and ILO have partnered with ESAF for various initiatives. Through the 'Let Them Smile' project, ESAF provides education to around 1,000 students in schools across Jharkhand and Assam. Additionally, the ESAF Foundation supports community welfare projects, and ESAF Bank contributes more than the required 2% of its profits toward CSR initiatives in areas such as health, sanitation, and livelihood development.

🌍 ESAF's Grassroots Projects for Sustainability and Welfare

Through various initiatives like the Bala Jyoti project, ESAF supports migrant laborers, addresses healthcare issues, and focuses on community welfare. It has launched projects like 'Santona' to spread mental health awareness and 'Pashu Mitra' to increase milk production through artificial insemination. ESAF also encourages sustainable farming and entrepreneurship in the solar energy sector. The 'Suraksha' COVID-19 vaccination awareness program was a notable success. Other initiatives include supporting traditional weavers, launching rural hospitals, and training economically backward students through nursing programs.

💡 Transforming Lives through Skill Training and Entrepreneurship

The story of Raheem, a solar PV system installer, highlights ESAF's impact on individual lives. After facing challenges in the solar energy sector, Raheem took part in ESAF's Urja Bandhu training, part of their CSR project. This training enabled him to become a successful entrepreneur in the solar energy field. ESAF has supported over 6.5 million people in realizing their dreams, with Raheem's story being just one of many. The organization's success is attributed to the blessings of God, its customers, well-wishers, and the dedicated efforts of ESAF staff.

Mindmap

Keywords

💡ESAF

ESAF is a non-profit organization that began 31 years ago with a focus on societal upliftment. Rooted in the teachings of Jesus Christ, it was created to serve marginalized communities by offering microfinance, health services, education, and economic development. The organization’s transformation over three decades exemplifies its commitment to improving lives at the grassroots level.

💡Microfinance

Microfinance refers to the provision of small loans to individuals who lack access to traditional banking services, often those in unbanked and underbanked communities. ESAF started offering microloans in 1995, enabling people to transform from job seekers into job providers, significantly impacting both individual lives and the nation’s economic growth.

💡Self-help groups

Self-help groups (SHGs) are small, community-based organizations formed to promote self-reliance among their members, particularly women. ESAF’s SHG initiatives provide skill training, micro-entrepreneurship guidance, and financial support, helping marginalized people become economically self-sufficient. These groups play a vital role in ESAF's community development mission.

💡Sustainable Development Goals (SDGs)

The Sustainable Development Goals (SDGs) are a set of 17 global objectives defined by the United Nations to address critical world challenges, including poverty, inequality, and environmental sustainability. ESAF’s mission is aligned with these goals, striving to achieve them through various initiatives like microfinance, healthcare, and environmental projects.

💡Muhammad Yunus

Professor Muhammad Yunus, a Nobel Peace Prize winner, is the pioneer of the microcredit concept, which inspired ESAF's microfinance model. His work through the Grameen Bank has significantly influenced ESAF's strategy to empower underserved populations by offering financial services and entrepreneurial opportunities.

💡Grameen Trust

The Grameen Trust, founded by Professor Muhammad Yunus, provided seed capital to ESAF in 1998, which was instrumental in its growth. This funding allowed ESAF to scale its microfinance operations and develop related initiatives that support sustainable development and community transformation.

💡CSR (Corporate Social Responsibility)

Corporate Social Responsibility (CSR) refers to a business’s obligation to contribute positively to society. ESAF Bank's CSR fund is used to execute projects in education, healthcare, sanitation, and environmental conservation, often exceeding the regulatory requirement. These efforts further ESAF’s mission of national development.

💡Community transformation

Community transformation is the process of improving the social, economic, and environmental conditions within a community. ESAF’s efforts focus on creating opportunities for the underprivileged by providing access to education, healthcare, and financial services, aiming to rebuild lives and restore hope for marginalized populations.

💡Livable Cities India

Livable Cities India is an initiative launched by ESAF to make Indian cities more inclusive, people-friendly, and sustainable. This project focuses on urban development that aligns with the principles of equity and sustainability, addressing issues such as access to clean water, sanitation, and healthy living conditions.

💡Artificial insemination and Pashu Mitra Project

The Pashu Mitra Project, launched by ESAF, aims to improve milk production through artificial insemination, thereby enhancing the livelihoods of rural dairy farmers. It not only supports agricultural development but also provides employment opportunities to the youth in the sector, contributing to economic growth in rural areas.

Highlights

Celebrating 31 years of ESAF's journey, marked by grit, goodness, and glory.

ESAF was founded in a small house in Manuti as a non-profit society dedicated to helping the marginalized.

Motivated by the teachings of Jesus Christ, ESAF has transformed communities through disaster relief and economic empowerment programs.

The microenterprise development program, launched in 1995 with Every Core's support, helped people shift from job seekers to job providers.

Professor Muhammad Yunus' microcredit model inspired ESAF's growth, with seed capital from Grameen Trust in 1998.

ESAF expanded into several sectors, including microfinance, retail, healthcare, housing, and self-help groups.

ESAF’s commitment to sustainability is reflected in their focus on people, planet, and prosperity, in line with the United Nations' 17 Sustainable Development Goals.

Through its micro-entrepreneurship training programs, ESAF has supported many aspiring entrepreneurs, providing guidance and resources.

ESAF has launched initiatives like Rhema (milk brand) and Lahanti Homes to address community needs such as affordable housing and market access.

The ‘Let Them Smile’ project has provided education to over 1,000 students in 11 village schools, creating lasting social impact.

ESAF has been chosen as an implementing partner by the Government of India for several national projects, including the Sanchar Shakti Scheme.

Mental health programs like Santona and the Pashu Mitra Project (boosting milk production) demonstrate ESAF’s diverse approach to community development.

With over 15,000 employees and 6.5 million customers, ESAF is making strides toward community upliftment, driven by its strong social mission.

ESAF Bank has created a dedicated sustainability department, one of the first Indian banks to do so.

Rahim’s story, a solar PV system installer trained through ESAF's CSR project, exemplifies how the organization empowers individuals to become successful entrepreneurs.

Transcripts

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[Music]

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this is the story of isaf and 3GS more

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than three decades of grit goodness and

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Glory celebrating 31 years of isaf

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Joy of grit little steps lead to big

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changes and our journey began from

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Little a small house in manuti where

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isaf started as a non-profit Society it

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was a home that gave shelter to the

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dreams of the marginalized

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[Music]

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and even after 31 years isaf continues

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to do so

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motivated by the teachings of Jesus

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Christ isaf was formed by a small group

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of like-minded people committed to

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loving their neighbors and the poor we

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have touched the lives of many people by

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addressing social issues and by giving

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hope through our disaster relief

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programs we believe in bringing economic

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prosperity to the unbanked and

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underbanked sectors in our society

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and for that with the support of every

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core a Delhi based NGO we started a

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micro Enterprise development program in

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1995 and these micro loans fostered the

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progress of not just an individual but

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the nation as a whole it enabled many

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people transformed from job Seekers into

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job providers

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which in the long run opened avenues for

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thousands of others and led to the

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growth of the nation from its roots

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Professor Muhammad yunus Nobel Peace

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Prize winner and the pioneer of micro

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credit concept is the source of

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motivation for isaf the seed Capital

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funded by Grameen Trust founded by

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Professor Muhammad yunus in 1998 was the

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foundation of isaf's growth

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producer company esav microfinance esaf

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retail esaf Healthcare esaf Cooperative

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esoph homes and esaf self-help group

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Federation are the results of that seed

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capital

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[Music]

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also social investments from opportunity

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International Australia through its

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subsidiary Dr vikas capital and oilco

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credit Netherlands through its

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subsidiary manavia Holdings contributed

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heavily to the aspirations of isaf as a

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national brand as years passed by our

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micro Enterprises development evolved

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into microfinance institution and

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finally took shape as Esau bank today

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isaf has become a household name in

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India

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Community transformation activities must

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start from the Grassroots and from the

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day one contributing to National

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Building from its roots has been the

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philosophy of esaf

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we have faced a lot of

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resistance and hurdles when we try to

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turn this dream into a reality but we

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went ahead and took The Road Less

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Traveled with True Grit Joy of goodness

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we are committed to sustainability which

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is why our services are based on the

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philosophy people Planet prosperity and

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we continuously strive to achieve the 17

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sustainable development goals of the

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United Nations

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Esa focused on societal upliftment from

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day one and profit was just an offshoot

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of our Focus

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our self-help groups or women helped

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many become self-reliant and the micro

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entrepreneurship training programs

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helped many aspiring entrepreneurs with

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the right guidance

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the self-help group Federation Trust of

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esaf helped the members with skill

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training and on-site support esaf

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cooperative and lanti Last Mile Services

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function as The Last Mile arm of esaf

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Bank launched Rhema esaf's own milk

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brand

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here Dairy Farmers were able to supply

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the milk to collection centers directly

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said our retail earlier known as esav

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retail was launched with the noble

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intention of providing micro

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entrepreneurs farmers and sangham

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members access to the markets

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lahanti homes was launched to provide

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affordable housing solutions to those

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who are in need and also to empower the

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community infrastructure the development

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initiative named prachodhan development

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services was a relief to the people in

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the eastern and Northeastern states of

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India as part of the same initiative we

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have a mobile medical van operating in

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Kerala which gives access to medical

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facilities to the underprivileged

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above all the launch of esaf Staff

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welfare trust is the most valued this

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was another significant move as we

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always consider our staff as our

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greatest asset

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government of India had chosen esaf as

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the implementing partner for projects

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like sanchar Shakti scheme ambedkar

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hasta shell vikas yojana and NPS light

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in 2011. international agencies like ILO

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and World Bank have selected esaf for

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executing their projects in India

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a smile on a child's face is a blessing

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that's exactly what let them smile

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project of esaf has done so far

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currently esaf provides education to

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almost thousand students through 11

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Village Schools including two high

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schools in jharkhand and Assam in

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addition we provide educational support

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through our Bridge schools recently a

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student named seven Soren who studied in

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the first batch of lahanti public school

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received admission for BA English at

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English and foreign language University

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Hyderabad for the past 31 years we have

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been serving the communities in which we

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operate and have always been dedicated

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to make a positive social impact

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with the support of Esau bank's CSR fund

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Esau Foundation is executing numerous

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projects for different segments at the

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bottom of the pyramid across India for

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CSR the bank is spending more than the

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regulatory requirement of two percent of

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its profit and addresses critical issues

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like Education Health sanitation

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environment and livelihood development

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the CSR programs executed through South

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bank's CSR fund are a testament to it

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Bala Jyoti is an initiative to help

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children become active members in the

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progress of the society

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so far through isafga we have reached

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around 10 000 migrant laborers the

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project is initiated to address Health

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Care issues and ensure the welfare of

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the migrants

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Santona a mental health awareness

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program is spreading joy to many

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Esa of pashu Mitra project aims to

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enhance milk production through

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artificial insemination and provides

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employment opportunities for the Youth

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isaf kushuk Mitra focuses on making

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farming a sustainable livelihood

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aims at creating trained entrepreneurs

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in solar energy sector

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our covet vaccination awareness program

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suraksha was a major success among the

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people

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[Music]

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kaitange was an initiative to support

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kotampally Weavers and revive handloom

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production esaf has launched

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multi-specialty hospitals in rural areas

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our nursing school provides nursing

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education for students belonging to

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socially and economically backward

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communities and thousands of students

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have been trained so far

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limbs was started with the goal of

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helping the marginalized develop their

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skills and earn a livelihood

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we are also partnering with the union

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and state governments for the execution

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of projects like ddu gky and sap

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at esaf we are committed to

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sustainability practices and at e-south

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bank we have a department dedicated to

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sustainable practices perhaps the only

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Bank from India to do so

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jalanidi and Nirmal jivan Dara projects

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are government initiatives implemented

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by esaf to help communities get access

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to individual water connections and

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toilets livable cities India is an

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initiative to make our cities inclusive

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people-friendly and healthy

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we believe that goodness is in restoring

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hope and rebuilding lives

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the idea of isabs stemmed from our dream

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of

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creating an institution committed to

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serving the community irrespective of

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gender caste and greed

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Joy Of Glory our services and commitment

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have earned us numerous Awards and

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accolades over the years

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besides our Awards and accolades we find

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our glory in rewriting the story of the

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underprivileged

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[Music]

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life changed for Raheem when he decided

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to install a solar PV system in his home

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while installing he faced many

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inadequacies that were preventing the

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segment from thriving when Rahim learned

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about the urja bandhu training offered

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by isaf as part of its CSR project he

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didn't think twice soon he enrolled in

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the course and successfully completed

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the training immediately after the

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training he began his journey as a solar

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PV system installer

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today Raheem is a confident entrepreneur

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in solar sector and he is grateful for

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the training and support esaf provided

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him throughout his journey

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there are over 6.5 Million Dreams that

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we helped take flight and this story is

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one among them

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[Music]

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even after 31 years we continue to

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encourage and Inspire the people at the

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bottom of the pyramid to pursue their

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dreams today we have more than 15 000

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employees and over 6.5 million customers

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whom we consider as our biggest asset

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this Glory that we are celebrating now

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would not have been possible

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with all the blessing of almighty God

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and the support of our customers well

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wishes

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[Music]

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Associates and all esophians

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and with

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we take for your sincere and dedicated

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effort in being active reporters of all

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our initiative so far isaf

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[Music]

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MicrofinanceSocial UpliftmentSustainabilityESAF BankCommunity ImpactMarginalized SupportEconomic GrowthCSR InitiativesWomen EmpowermentSustainable Development