Aloysius Prakash Fernandez

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Aloysius Prakash Fernandez
Born
Karnataka, India
Occupation(s)Economist, social worker
Known forFather of SHG Movement
Awards Padmashree
Caritas India Jubilee 2000 Award

Aloysius Prakash Fernandez known as Father of SHG Movement [1] [2] [3] [4] [5] [6] is an Indian economist, social worker and the First Chairman of the NABARD Financial Services Limited (NABFINS), [7] [2] a National Bank for Agriculture and Rural Development (NABARD) subsidiary, formed with the participation of several banks in India. [8] Considered by many as a pioneer of microfinance and Self Help Group concept in India, [9] [10] [11] [12] [13] [14] he was the executive director and is the member secretary of MYRADA, [15] [16] a non governmental organization working for the eradication of poverty, gender equality and social development. [17] [18] [19] [20] [21]

Fernandez, born in Karnataka, [16] secured a post graduate degree in Arts from Central University of Karnataka and obtained advanced diplomas from the University of Louvain, Belgium on Sociology and Research Methodology and from Oxford University [16] on Development Studies.[ citation needed ] His early career was with Caritas India and then abroad, with the World Bank and the Canadian International Development Agency before his return to Bengaluru in 1982. [7] Besides holding the chair of NABFINS, [7] he is the secretary of Myrada, [22] executive director of The Myrada Davinson Training Centre [23] and the Chairman of Sanghamithra Rural Financial Services. [11] He is known to be a prolific writer [24] [25] and is credited with several publications. [26] [27] [28] Fernandez was honored by the Government of India, in 2000, with the fourth highest Indian civilian award of Padma Shri. [29] He also received the Caritas India Jubilee 2000 award the same year. [30]

References

  1. "Reimagining Citizen Particiaption" (PDF). Pria. 17 November 2021.{{cite web}}: CS1 maint: url-status (link)
  2. 1 2 "16 annual report 2012-13" (PDF). Nabfins. 2013.{{cite web}}: CS1 maint: url-status (link)
  3. "SiCAN FinServe". sican.in. Retrieved 19 November 2025.
  4. "IDR | The limits of AI in Social Change". Rohini Nilekani Philanthropies. Retrieved 19 November 2025.
  5. "NABARD- 25 Years of SHG Movement". NABARD. 2017.{{cite web}}: CS1 maint: url-status (link)
  6. Thakur, Sangeeta; Patel, Bhupendra Singh (10 September 2014). "Self Help Groups (SHG): A Tool for Empowerment of Women". International Journal of Reviews and Research in Social Sciences. 2 (3): 166–172.
  7. 1 2 3 "Nabfins". Nabfins. 2014. Retrieved 29 December 2014.
  8. "Nabfins Home". Nabfins. 2014. Retrieved 29 December 2014.
  9. "MYRADA Rural Management Systems Series Paper- 71" (PDF). MYRADA. 2021.{{cite web}}: CS1 maint: url-status (link)
  10. "MYARDA Rural Management System series Paper-73" (PDF). MYRADA. 2022.{{cite web}}: CS1 maint: url-status (link)
  11. 1 2 "Micro Capital". Micro Capital. 1 April 2008. Archived from the original on 5 September 2009. Retrieved 29 December 2014.
  12. "IDR Interviews | Aloysius Fernandez". India Development Review. Retrieved 19 November 2025.
  13. Vaid, Devanshi (16 May 2019). "India's most significant innovations have roots in civil society". India Development Review. Retrieved 19 November 2025.
  14. "The limits of AI in social change". India Development Review. Retrieved 19 November 2025.
  15. Sanghamithra: A Micro Finance Institution with a difference. Banglore: National Printing Press. July 2004. pp. 92–93.
  16. 1 2 3 "Purple Shoots". Purple Shoots. 16 January 2014. Archived from the original on 29 December 2014. Retrieved 29 December 2014.
  17. "Myrada Goals". Myrada. 2014. Archived from the original on 4 January 2015. Retrieved 29 December 2014.
  18. HISTORY TV18 (28 October 2024). Seeds of Change: How NABARD's SHGs Sparked A Revolution Transforming Rural India Forever . Retrieved 19 November 2025 via YouTube.
  19. Rajiv Gandhi Foundation (1 January 2021). Padma Shri Aloysius Prakash Fernandez: Pioneer in Development and Social Change . Retrieved 19 November 2025 via YouTube.
  20. Sa-Dhan Association (16 November 2022). Shri Aloysius P Fernandez . Retrieved 19 November 2025 via YouTube.
  21. "Empowering women through the Self-Help Group Bank Linkage Programme". Community Development Journal. 2021.{{cite web}}: CS1 maint: url-status (link)
  22. "Myrada Board". Myrada Board. 2014. Archived from the original on 4 January 2015. Retrieved 29 December 2014.
  23. "Myrada". Myrada. 2014. Retrieved 29 December 2014.
  24. "OCLC". OCLC. 2014. Retrieved 29 December 2014.
  25. "Worldcat". Worldcat. 2014. Retrieved 29 December 2014.
  26. "Agriculture Network". Agriculture Network. 2014. Retrieved 29 December 2014.
  27. Aloysius Prakash Fernandez (2004). Sanghamithra: A Micro Finance Institution with a Difference. Sanghamithra. p. 130.
  28. Aloysius Prakash Fernandez (June 2010). "Marginal and small farmers require freedom and options, not financial inclusion". Leisa India.
  29. "Padma Awards" (PDF). Padma Awards. 2014. Archived from the original (PDF) on 15 October 2015. Retrieved 11 November 2014.
  30. "Myrada recognition". Myrada. 2014. Retrieved 29 December 2014.