PAFT - Origin & Background

Foundation for People’s Action for Transformation ( PAT) group was laid by two socially inclined personalities Late Mr. Hirudayasami and Mr. R. Stephen Francis Xavier. PAT trust was founded on 2nd May 1997 to implement welfare and social development activities. The Trust became a lending entity in the year 2003 to work towards the financial inclusion of the underprivileged, who were excluded from the mainstream banking sector.

PAFT Finance Limited was instituted in 2016 to spearhead the financial inclusion drive of PAT trust in a professional and rightful manner.

PAFT is aiming to contribute significantly in the economic empowerment of women folk so that they have a say in the matters pertaining to them and contribute to society development.

As of 31st March 2019, PAFT Finance Ltd has a Portfolio Outstanding of Rs. 43.22 Crs with 16,223 active borrowers through its 13 branches


PAFT leadership is spearheaded by its Managing Director Mr. Stephen Francis Xavier, who has vast experience in social business, financial inclusion and microfinance management. He professionally manages the affairs of PAFT with the support and guidance of experienced& qualified domain experts, who are inducted into the board both as promoter directors and independent directors.

The two independent directors have exemplary credential, one of them holds the unique combination of being a qualified Charted Accountant, Company Secretary and a Legal professional. He carries along with him years of experience in the MFI sector. The other one is a veteran Society oriented investment banker and expert in financial inclusion. The Promoter group directors are with several years of varied experience in social service and creating livelihood opportunities to the poor.

PAFT has raised the capital to Rs. 4.56 crore as of March 2019 and it has already commenced the microfinance activities. With the capital of Rs. 2.4 crore, PAFT is compliant with the relevant regulation of RBI that governs a NBFC loan company. The company is on a continuous drive to further raise its capital to be reclassified as an NBFC MFI.
As a significant development during FY 2018-19 PAFT had signed an agreement with ESAF SFB to be its Business Correspondent and had commenced lending activities on 2nd May 2018 with an initial disbursement of Rs 33.35 lakhs at Thiruppanandal Branch,Thanjavur Dt out of the sanctioned exposure of Rs 20 Cr targeted to be disbursed by November 2018. The target was achieved and further exposure totaling to Rs 50 Cr was sanctioned.and by mid of April 2019 the amount was disbursed. Further ESAF Bank had allocated Rs.70 Cr for business.
PAFT shall be fruitfully leveraging on the community base, goodwill and expertise of PAT Trust. Further, the major compliance's required for Micro Finance Institutions like Credit Bureau Membership, SRO linkages, Client Protection measures etc., have all been initiated as many of the concepts are practiced in PAT Trust for its microfinance operations.

PAFT IN 2018-19
Branches 15
District Covered 9
Panchayaths reached 376
Groups 2176
Member in the groups 16508
Active Borrowers 16233
Rural 12988
Urban 3245
Field Staff 57
Total Staff 101
Loans disbursed during the year 481395000
Loans disbursed during the year (Rs. Cr.) 48.14
Average Loan size (Rs.) 31,288
Average Loan outstanding (Rs.) 26,627
Loan Portfolio outstanding (Rs. Cr.) 43.22
Outstanding borrowings (Rs. Cr.) 0.38
Cumulative No.of loans disbursed 16906
Cumulative amount of loan disbursed (Rs. Cr.) 52.72
Porfolio Distribution
District SHG Members Borrowers Loan Portfolio (Rs. Crore) % Portfolio
Tanjore 7249 7201 19.79 49
Ariyalur 4764 4710 12.49 29
Nagapattinam 1477 1457 3.94 9
Thiruvarur 1092 1048 3.05 7
Trichy 583 516 1.24 3
Karur 691 691 1.48 3
Perambalur 340 298 0.73 2
Villupuram 245 245 0.4 1
Cuddalore 67 67 0.11 0
Total 16508 16233 43.22 100


NBFC Registered under ROC and RBI.
RoC CIN Number : U65191TN1993PLC024690
23 August, 2016,
RBI CoR Number : B-07.00581 26 September, 2016, RBI Regional Office - Chennai.
Details of PAN : AAACR3665B


constructionName of the NBFC : PAFT FINANCE LTD.

  • construction

    No. 3, A-Block, 1st Floor, St. Paul’s Complex, Bharathiyar Salai, Trichy - 620001.
    State : Tamil Nadu
    District : Tiruchirappalli
    Block : Tiruchirappalli Corporation Limit

  • construction


  • construction

  • construction