ASIRVAD DEVELOPMENT FOUNDATION, Chennai, India is a registered Public Charitable Trust guided by the vision of one man whose initiative has extended in setting up the Foundation. Shri. S.V. Raja Vaidyanathan, a professional experienced in the field of financial Services for over 30 years. He is also the Founder Chairman of ASIRVAD MICROFINANCE PVT. LTD., Chennai, a company which has crossed its portfolio of 100 crores by providing financial assistance and empowering the women community.
The Parent Company ASIRVAD MICROFINANCE PVT. LTD., is persuaded with a mission to organise groups of committed poor women and provide innovative financial services in a sustainable manner, with a view to alleviate poverty through viable income generation activities. Embedded through its vision, the company aspires to empower at least one million families by the year 2013 in providing financial assistance.
A significant effort to repay the society at large, ASIRVAD DEVELOPMENT FOUNDATION envisages helping the weaker sections of the society. It aims in making a difference among the underprivileged in the areas of health, education, sanitation and other welfare programs. The foundation is also constituted for the purposes of promoting education, medical relief, culture, sports, games, arts, science, philosophy, peace, friendship and understanding in India.
As a part of its Corporate Social Responsibility (CSR) the foundation receives a profit share every year from its parent company ASIRVAD MICROFINANCE PVT. LTD., Chennai. Contribution to the foundationís funds is also raised through donations from well-wishers and philanthropists across the country. Asirvad Development Foundation is managed by a team of energetic professionals with rich experiences from the social development sector.