Company: Confidential listed, regulated microfinance and small-business lender
Board base: Patna, Bihar, with operating reviews in eastern and central India
Sector: Microfinance, group lending and small-enterprise credit
Appointment: Independent Director, Non-Executive
Intended committees: Board Risk Committee Chair; member, Audit and Customer Service Committees
Time commitment: 34–42 days annually, including branch, centre-meeting and control-function reviews
Application deadline: 12 September 2026
Expected appointment: October - December 2026

Company context
The institution provides small-ticket unsecured loans, predominantly to diversity borrowers, through field officers, group meetings, branches and digital collection channels. It is diversifying into individual micro-enterprise loans while funding growth through banks, debt markets and securitisation. Borrower indebtedness, local disruption, field conduct, collections, liquidity and credit-cost volatility are central risks.

Board mandate
The director will ensure that growth is supported by borrower capacity,



field integrity, liquidity and truthful portfolio recognition. Social purpose must be demonstrated through customer outcomes and conduct, not used to excuse weak credit or collections.

Strategic priorities
Establish risk appetite by geography, branch, product, borrower indebtedness, lender overlap, ticket size, vintage, officer and collection mode.
Require household cash-flow and repayment-capacity evidence; challenge bureau completeness, multiple borrowing, proxy loans and group pressure.
Track conduct through centre observation, complaints, staff incentives, rescheduling, collections, recovery visits, third parties and vulnerable-customer outcomes.
Distinguish genuine collection, advance payment, refinancing, evergreening, moratorium, settlement and write-off at borrower level.
Build early warning for local political action, weather, migration, health, commodity, fraud and community resistance.
Govern

📌 Independent Director Financial Services (Pune)
🏢 Gladwin International
📍 Pune