Team Bhavana Srivastava


Associate Director - Business Development and Project Management
Lucknow, India

Bhavana leads the Project Management domain at MicroSave. A financial sector consultant, she has 18 years of experience of which 16 years are in the field of microfinance, SME lending, and project management. Her core expertise lies in due diligence and assessment of MFIs, SME banks and other FIs; and design and implementation of large-scale financial sector programmes that seek to enhance access to finance for low-income households and the bottom of pyramid markets; and project management. The current focus of her work is in managing large-scale access to finance projects in several countries. Bhavana has managed and evaluated projects financed by the World BankIFCDFIDIFADADBAfD, and FMO in India, Sri Lanka, Indonesia, Bangladesh, Myanmar, Papua New Guinea, and Vietnam. She has also designed a number of financial inclusion programmes funded by international agencies and was a core team member for implementation, monitoring & supervision of microfinance programme of the apex wholesale microfinance lender in India.

Examples of her recent works include:
  • Advisory Services to Microfinance Institutions in Myanmar- a project funded by IFC to provide technical assistance to microfinance institutions aiming to improve financial access to low income households in Myanmar by enhancing the capacities of its microfinance sector at the meso and firm levels.
  • Programme Management of the Microfinance Expansion Project (MEP) – a USD 22 mn. project funded by ADB in Papua New Guinea for building the capacities of MFIs and MSMEs in the country besides undertaking activities to promote the overall growth of microfinance sector including advisory support on policy and regulatory framework for microfinance.
  • Design of Financial Inclusion Programme for MSEs in Bangladesh to improve access to financial services for micro and small enterprises (MSEs) in Bangladesh.
  • Design of DFID funded Poorest States Inclusive Growth Programme (PSIG) and National Microfinance Support programme (NMFSP) in India to enhance provision of microfinance services in the country
Before joining MicroSave, Bhavana worked with Small Industries Development Bank of India (SIDBI) where she played a pivotal role in the design and conceptualisation of National Micro Finance Support Programme (NMFSP). She was also a member of the Design team and Access to Finance Consultant for the DFID funded Poorest States Inclusive Growth (PSIG) programme. She holds an MBA with specialisation in Finance from the University of Lucknow in India. 


  • The document examines why the MFIs in Uganda suffer such remarkably high levels of drop-out amongst their clients. The field study also seeks to improve understanding of why the current systems and services being provided by the Microfinance Institution's appear (on the basis of these...

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  • This paper briefly examines pricing as a determinant of customer’s choices. It tries to assess why pricing financial services are so difficult for users to understand. It also considers the pricing implications in evolution of “market-led” approach from...

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