Social Performance

Annapurna Finance has its roots in a development-focused NGO, aiming to make a positive impact on people’s lives and create a more sustainable institution. Therefore, the company recognizes the significance of social and financial development. For this reason, social performance management has been ingrained in the organization since its inception. To sustain its commitment to sustainable growth and impact, the organization has a dedicated Social Performance Management Department. From the philosophy of practicing responsible business, Annapurna Finance follows the triple bottom line concept, focusing on responsible finance, social performance, and environmental impact. The company conducts its work in a socially responsible, ethical, and transparent manner to demonstrate commitment and respect towards all stakeholders, including clients, employees, and their families.

The mission and vision of Annapurna Finance are aligned towards the social and financial development of communities while being environmentally conscious in its operational activities. The Social Performance Management (SPM) policy is consistent with the Smart Campaign’s Client Protection Principles, the Universal Standards for Social Performance Management by the Social Performance Task Force, and Reporting on Social Performance as defined by the Microfinance Information Exchange. Gender sensitization and mainstreaming have also been adopted. In addition to developing a Gender Policy with the help of industry experts, the organization mandates gender training for all employees to create a sensitive workplace. The commitment to a gender-friendly workplace is ingrained in the culture of the organization, and Annapurna Finance strives to ensure better comfort at the office by designing gender-sensitive facilities.