Annapurna Finance Pvt Ltd had received investment under Samridhi Fund of SIDBI. AFPL and SIDBI wated a social impact assessment done of the microfinance activities of AFPL under the Samridhi fund. The assignement also expected Social Return on Investment (SROI) to be calclulated for the microfinance operations under Samridhi Fund. M2i conducted the social impact assessment of the operations and estimated the SROI. M2i also developed case studies to highlight the impact. The study was a mix of quantitative and qualitative research.