Shalom was registered in 1998 as an NGO. Since then work has been undertaken formally and small programmes such as seminars on social issues, shelter for the aged and deprived, medical camps and camps for distribution of assistive devices were organised.

Shalom was initiated with an idea to help communities in various aspects of their life and catered to the financial needs of clients by reaching out to them with a diverse range of products.

In 2001, micro housing was initiated with the dedication of the first five houses. Other support programmes such as Self Help Groups (SHG), skill training programmes and cost effective vegetable cultivation for the SHG members etc. were also initiated gradually.

Shalom-NGO initiated its micro finance activities in 2003 through the SHG Bank linkage programme of NABARD. SBI extended its support to the programme in 2004. The NGO also entered into a ‘Partnership' arrangement with ICICI to promote its micro finance programme.

Having established and gained considerable field level experience, the NGO decided to expand its micro finance activities to newer areas and markets, enhance outreach in terms of clients served, establish better systems and operate through an appropriate legal framework. To ensure smooth operations and embark on a structured growth path Shalom transformed into an NBFC – “ Shalom Micro Finance Limited”.

Shalom Micro Finance Limited will help build on the value proposition of the organization being an institution which meets the diverse financial needs of customers through high quality sustainable products.