About Us > Timeline

Our reach as on February 2010

  • States - 15
  • Branches - 1,050
  • Members - 24,18,727
  • Staffs - 6,637
  • Loan disbursed for the month -
    Rs.
    295crores
  • Loan outstanding - Rs. 1,386 crores
States & Branches over the last 3 years

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Timeline
2002 -2003
2002 July Microfinance operations commences in rural, Bagnan, West Bengal.
2004 -2005
2005 January Microfinance operations commences in urban, Ultadanga (Kolkata), West Bengal.
2005 -2006
2005 August 100th branch is inaugurated.
2005 September 1,00,000 member mark is achieved.
2006 March Bandhan wins Pro Poor Innovation Challenge (PPIC) Award by CGAP, an
affiliate of the World Bank.
2006 -2007
2007 January Bandhan launches Targeting the Hard Core Poor Program (THP) in Murshidabad, West Bengal.
2007 January Bandhan commences Bandhan Health Program(BHP) in Bagnan, West Bengal.
2007 -2008
2007 September Mr. Chandra Shekhar Ghosh, Chairman & Managing Director, Bandhan declared as Senior Ashoka Fellow.
2007 December Bandhan ranked 1st in India and 2nd in the world on the Forbes list of World’s Top 50 Microfinance Institutions.
2008 February Bandhan launches Education Program viz. Bandhan Education Program (BEP) in South 24 Parganas, West Bengal.
2008 March Bandhan wins Skoch Challenger Award 2008 under the category of Financial Inclusion.
2008 March 1 million member mark is achieved.
2009 -2010
2009 June Bandhan launches a new program titled ‘Employing the Unemployed Progam’ (EUP) to address the prime issue of unemployment.
2009 September First batch of 292 hard core poor families from Murshidabad, West Bengal graduates to mainstream microfinance.
2009 September 1000th branch is inaugurated.
2009 October Bandhan wins 'Micro Finance India Award 2009' under the category of 'Institution of the Year' by ACCESS Development Services and HSBC India.
2009 October Bandhan family enlarges to 2 million clients.
2009 October Mr. Chandra Shekhar Ghosh, Chairman & Managing Director, Bandhan elected as a member in the Board of Sa-Dhan(The Association of Community Development Finance Institutions).
2009 November Bandhan establishes itself as a Rs. 1,000 crore loan portfolio institution.