BISWA Micro-finance Services Pvt. Ltd. (Presently known as Credible Securities and Finance Pvt. Ltd.) is a non Banking Financial Company promoted by Bharat Integrated Social Welfare Agency (BISWA), a premier micro-finance institute working in 11 states of India. BISWA originated in the district of Sambalpur in Orissa in 1994 and obtained its legal entity under Societies Registration Act XXI of 1860 having its jurisdiction limited only to 1 district, Sambalpur, Orissa on 15.07.1995. Later it has expanded to the areas stated above and obtained its legal entity as a state level organization in the year 2005. The micro-finance operations of BISWA started in the year 1995, under Individual model. SHG model was adopted in 1996. During these 12 years the micro-finance operation of BISWA has passed through many articulated phases of development and presently the promotion of the NBFC is a part of the business development activity in accordance with the plan developed in the year 2003. The present entity is registered within the meaning of Section 2 (35) and 3 (1) (iii) of Company Act 1956 & registered under section 45 IA of Reserve bank of India Act 1934 having its corporate office at Sambalpur.