Arohan Financial Services Limited | Annual Report 2021-22

Wide Geographic Presence with a sharp focus on Financially Under-penetated and Low Income State penetration With a robust management team, Arohan has been a thought leader in the industry and has since its very early years focused upon its guiding Vision of reaching out to underserved customers in low income geographies. This has been a cornerstone throughout the organization’s growth journey, which has helped fuel a culture of innovation while serving customers’ many financial needs. A scientific and data-driven methodology is adopted for the selection of new markets with measured exposure limits. Overall, the Company’s geographical risk is managed by a well-diversified business model to mitigate socio-economic, political and environmental risks. As of March 31, 2022, the Company’s business is present in 14 states of Assam, Bihar, Chattisgarh, Jharkhand,Karnataka,WestBengal,Odisha,Maharashtra,Meghalaya,Manipur, Uttar Pradesh, Telengana, Madhya Pradesh, Tripura. In line with its Mission to empower underserved households, Arohan intends to expand to other low income and financially under-penetrated or moderately- penetrated states in India, like Rajasthan, Haryana, Punjab and Uttarakhand through organic means, by opening new branches in regions contiguous operationally to current districts of operations; and through inorganic means by partnering with other local MFIs working in these geographies. The Company also intends to consider Merger & Acquisition opportunities for product and geographic diversification and further strengthening of the Company’s portfolio. 29 Annual Report | 2021-2022 Key Differentiators