Dear Team, 

I am immensely proud to witness the remarkable achievements we have attained together. It’s important to acknowledge that our recent journey has been influenced by significant developments within our organization. As you may be aware, Chaitanya India Fin Credit Pvt. Ltd., recognized among the best and the fastest-growing MFIs in India, has undergone a transformative event. Our company has joined forces with Svatantra Microfin, founded by the visionary Ms. Ananya Birla on 23rd November, 2023. This union extends beyond mere business synergies; it embodies a shared vision to foster a financially inclusive world for low-income families. At the heart of our mission lies a commitment to empower and nurture rural women entrepreneurs, championing entrepreneurship and financial inclusion. Furthermore, we remain steadfast in our pledge to cultivate a dynamic environment rich with growth opportunities for our valued employees.

Together, we have now solidified our position as the second-largest player among microfinance institutions (MFIs) in the non-banking finance company (NBFC) domain. Beyond the numerical milestones, our success is deeply rooted in the steadfast dedication each of you has demonstrated towards our mission. Guided by our core values of discipline, fairness, meritocracy, customer and employee respect, continuous learning, and transparency, we have charted a path towards becoming the premier microfinance institution in India.

Our recent accomplishments, including surpassing ₹6,000 Cr in Assets Under Management (AUM), earning the esteemed Gold Level Client Protection Certification from M-CRIL, and enhancing our CRISIL rating, underscore the collective strength, expertise, and ethical commitment of our team. While we celebrate our achievements, we recognize that our journey ahead demands more from us. I extend my heartfelt gratitude to each of you for your hard work, dedication, and perseverance. Your contributions have propelled Chaitanya forward and laid the groundwork for our future success. Looking ahead, I am energized by the prospects of our journey together.

As Svatantra Microfin and Chaitanya India Fin Credit set forth on this transformative journey, our overarching goal is crystal clear — to cultivate a legion of empowered women entrepreneurs, uplift communities, and contribute to crafting a financially inclusive rural India. Each one of you is an integral part of our evolving legacy. Here’s to the next phase of our journey – one characterized by resilience, ambition, and unparalleled success. Let us not settle for mediocrity; instead, let us aspire to greatness. Our principles, anchored in customer-centricity, robust processes, effective collaboration, inclusive problem-solving, ongoing training, departmental equality, fiscal prudence, and a balanced approach to decision-making, empower us to elevate Chaitanya to unprecedented heights, setting a benchmark for the industry. Let us continue to inspire one another and consistently deliver excellence. 

Warm regards,

Anand Rao
JMD, Chaitanya India Fin Credit Pvt. Ltd.