Bharat Manpower Job in India & Abroad

Spandana Sphoorty Financial Limited 478 views

Something About Company

Spandan is a Sankrit word and it means Response. As Spandana was born in response to a problem, the Organisation was named as Spandana. Spandana is a public limited company registered with Reserve Bank of India (RBI) as an NBFC MFI. Started in 1998, within five years, by 2003, it grew to the largest Micro finance Institution in India and 6th largest across globe. In its peak, Spandana had 1,856 Branches with presence in 10 states and work force of over 13,500 employees.

Spandana was founded by Mrs. Padmaja Reddy in 1998 as a Society which was later transformed into an NBFC and subsequently as NBFC MFI. Mrs. Reddy, the Promoter and Managing Director of Spandana prior to founding Spandana used to work with an NGO in Andhra Pradesh. This NGO used to help poor people to build their houses, provide safe drinking water, sanitation, health education etc. The NGO used to raise grants from different funding agencies and implement these activities.

While working with this organisation, she happened to meet a rag picker and in her interactions with her, she came to know that the rag picker earns about Rs.60 per day, of which she was paying Rs.10 per day towards rent for the cart and Rs.30 towards interest on the loan and she is left with meagre income of Rs.20 per day. She explained her misery that the husband is not supportive and the whole family had to live out of this small income. When asked about, since how long she is doing this business, the rag picker said that she started it when she was 12 years old and was doing it for the past 14 years. She paid over Rs.40,000 rent for a cart that would have costed Rs.1,500- had she bought the same. She also said that she was borrowing Rs.270 everyday and paying back Rs.300 on the same day to the money lender and she was obligated to sell the scrap to him at a price dictated by him which is lower than the market price.

0 Review

Rate This Company ( No reviews yet )

    Work/Life Balance
    Comp & Benefits
    Senior Management
    Culture & Value

    Spandana Sphoorty Financial Limited has posted 1 job

    Company Information
    Connect with us
    Contact Us

    What Bharat Manpower Offered !

    With over thousands of jobs available in each field and more being added every day, the users would never find insufficiency of jobs.


    Your need for employment is what we care about the most. Keeping this in mind, we provide you with the ideal job opportunities that will prove to be beneficial.

    Our expert staff has even taken this methodology ahead, developed this concept further for producing regular Business Model Development Projects.

    Our team, specialized in business management, will provide you with the top-notch, affordable and astonishing solutions for rendering you venture with a long life.


    Users who aspire to have a good job must take our services seriously and abide by them to get the latest, most suited and astounding jobs based on their interests.

    Appropriate measures are taken by the team to keep the information confidential. We realize the importance of confidentially in employment-related matters.

    Users must confide in us for an amazing customer support services and 24-hour helpline to solve the doubts. We are always willing to solve each and every query.

    Bharat Manpower

    Discover highest ranked jobs in India based on user ratings and reviews and reach out to the most relevant job consultants and recruiters across the country. Connect to recruiters directly, you can search millions of jobs online to find the next step in your career.

    Contact Us

    Bharat Manpower
    Building No. 233 Block J-1
    DDA Flats Kalka Ji Delhi
    New Delhi 110019