Janakalyan Financial Services Pvt. Ltd. (JFSPL) was established with the objective to provide microfinance services to urban and rural poor, as well as micro and small businessmen, in the underserved geographies of India, with economic opportunities to transform the quality of their lives and create employment opportunities for sustainable income. Janakalyan’s provided skill development training to local women who are interested in and have the entrepreneurship skills to start their small businesses. Janakalyan is also committed to mainstream the children of the underprivileged. Janakalyan started its operations in March 2016 in the name of Janakalyan Consultancy Services Pvt Ltd by the visionary promoters, Mr. S.K. Mitra and Mr. Alok Biswas. Thereafter, it got registered itself with the Reserve Bank of India (RBI) as an NBFC-MFI in the year 2017. Later in 2019 the company name was changed to Janakalyan Financial Services Pvt. Ltd.
JFSPL is presently operational in six states of West Bengal, Bihar, Jharkhand, Odisha, Assam and Tripura. JFSPL has attained a GLP of INR~239.26 crore with 1,33,781 client sand has established a strong distribution network of 75 branches as on 31st March, 2020.
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To improve the standards of living of millions of Indians engaged in micro, small and medium enterprises across the country through a wide range of financial services, in a sustainable and transparent manner based on mutual respect and understanding.
“To build a world class financial institution committed to economic upliftment of the under-privileged through financial inclusion.”
