Amirapu Sitaramaiah joined ALC India in 2014 as Senior Project Director in Livelihoods Development Finance (ALDF) domain. In this capacity, he has commenced finance operations for various Producer Companies. During his tenure, the loan portfolio to Producer Companies has grown from Rs 1.31 Crores to Rs 9 Crore and Rs 1.07 Crore has been raised for on-lending to Producer Companies.
He has been instrumental in singing MoU with Bank of Baroda, enabling the producer companies promoted by ALC India to access financial services. Further, he has also successfully negotiated and secured a loan of Rs 5 Crore from NABKISAN and facilitated the Producer Companies to secure loans directly for various purposes.
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