Inclusive Finance and Development Associates

Pragya Sahay

Managing Director

Pragya Sahay has over nine years of experience covering the microfinance and development sector across Myanmar and India. Her key areas of expertise include Training, Research, and Evaluation, New Product Designing, Capacity Building. Before
starting her consultancy firm, IFDA, she has worked as Country Manager of M-CRIL Limited, WASH manager with NEED (an NGO), Consultant with Aajeevika Trust (an MFI), and an independent consultant with several Development agencies.

Pragya holds an MBA from IGNOU, Delhi, and a Bachelor’s (Honours) from the University of Ranchi.

Shishir Ranjan

Director

Shishir is an empaneled consultant of the International Fund for Agriculture Development (IFAD). He has over 23 years of experience in Agribusiness Project Management, Banking & Microfinance, Livelihood Promotion, Agri-Value Chain Development, Business Development, and establishing sustainable community organizations. His experience encompasses working for BASIX, ICICI Bank, ITC, IDE, and other development organizations and has managed funds of Ford Foundation, ICCO, SRTT, etc.

He played an instrumental role in developing a BASIX Livelihood Triad Model of intervention in Mozambique for the Ford Foundation. He was the National Head, Internal Control Group, Rural Inclusive Business Group (Agri) at ICICI Bank, one of the leading private sector banks of India.

Shishir holds an MBA from IBAT, KIIT School of Management, and a Bachelor of Science (Agriculture, Horticulture, Animal Husbandry) from Banaras Hindu University.

Zaw Min Naing (Edward)

Director

Edward has over seven years of experience in providing training as a freelancer and conducting research studies to various microfinance institutions, Financial Regulatory Department (FRD), and leading development agencies respectively. His key areas of expertise include training & capacity building, research & evaluation.

He played an instrumental role in providing various management and leadership skill training to middle-level management of BRAC Myanmar, during his stint with them as a Trainer & Communication Officer. Besides, he has conducted various research studies for several agencies including Trócaire, International Finance Corporation (IFC), United Nations Office for Project Services (UNOPS), etc.

Edward holds an Executive Masters, Development Studies from the Yangon University of Economics and a Bachelor’s (English) from the University of Mandalay.

Abhinav Soni

Vice-President

Abhinav has experience in Inclusive Finance across Cambodia, India, Myanmar, Sri Lanka, and Vietnam with different types of financial institutions (FIs) including MFIs, Banks, and NBFCs. His key areas of expertise include research and evaluation, business planning, portfolio audit, equity valuations, financial modeling, and product development.

Prior to joining IFDA, he worked with HDFC Bank, the largest private sector lender of India, as Assistant Policy Risk Manager for its microfinance portfolio and played an instrumental role in monitoring its portfolio quality. He also worked with M-CRIL Limited and led several assignments. Abhinav holds a Post Graduate Certificate in Finance from the Indian Institute of Management (IIM) Indore, a Post Graduate Diploma in Rural Management from Institute of Rural Management, Anand, and a B.Tech (Biotechnology) degree from Indian Institute of Technology (IIT), Guwahati.

Training & Advisory Services

Audit Services

Grading & Valuations

Research & Evaluation

Pragya Sahay

Managing Director

Shishir Ranjan

Director

Zaw Min Naing (Edward)

Director

Abhinav Soni

Vice-President