Microfinance, Macro Inclusivity – Svamaan Financial Services Pvt Ltd
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Microfinance, Macro Inclusivity
Nomination
- Many rural women lack traditional collateral and credit histories, rendering them ineligible for loans.
- Social norms and cultural practices can be significant barriers to women’s financial inclusion.
- Many rural women entrepreneurs possess limited financial literacy.
- Inadequate rural infrastructure poses operational hurdles for MFIs.
Achievements
- Automation of manual processes has significantly enhanced operational efficiency.
- The turnaround time for loan processing has been condensed from 6 to 7 hours to just 15 minutes.
- Achieving VAPT certification from an RBI-empanelled vendor underscores Svamaan’s commitment.
- The seamless integration of systems has fortified Svamaan’s capabilities to handle larger transaction volumes.
SKOCH Award Nominee
Category: Private Limited
Sub-Category: Private Limited
Project: Microfinance, Macro Inclusivity
Start Date: 2023-09-25
Organisation: Svamaan Financial Services Pvt Ltd
Respondent: Ms Shikha Gupta, Manager – Branding and Comms
https://www.svamaan.in/
Level: Executive
Featured image
For more information, please contact:
Ms Shikha Gupta,Manager – Branding and Comms at shikha.gupta@svamaan.in
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The best way to show your appreciation for this project is to click some advertisements and keep a count of how many you clicked. You will be asked for the number of advertisements that you clicked before you can vote. The money generated through this supports our social action.