Returnable Grants
Returnable Grants
Returnable Grants (RGs) have revolutionized the landscape of financing and social impact, providing leverage from a funding perspective while creating a multiplier effect for participants that drives positive change.
Principles of Returnable Grant
Ethical Financing
Zero interest, zero collateral loan like CSR and FCRA compliant financial instrument​
Gifted Grants
No legal obligation on grantee to repay grant
Smooth Credit Evolution
Repayment aids to transitioning to a more formal credit guarantee
Repaying with Ease
Easy & flexible terms to repay grant money
Ethical Financing
Zero interest, zero collateral loan like CSR and FCRA compliant financial instrument​
Gifted Grants
No legal obligation on grantee to repay grant
Smooth Credit Evolution
Repayment aids to transitioning to a more formal credit guarantee
Repaying with Ease
Easy & flexible terms to repay grant money

The Solution to Financial Challenges Facing MSMEs
- Lack of collateral to access formal bank loan
- Inability to raise capital or scale business
- Shortage of capital
- Threat of high interest rate from private moneylenders
- Allows money to be directly credited into the participants’ accounts or given out as cash equivalents such as vouchers
- Enables MSMEs to operate for longer periods to scale, and/or adopt new techniques and products
- Levies individuals with a moral (and not legal) obligation to repay
- Potential ability of selected participants to repay as a cohort
- Access to financial literacy training and a pre-credit score that can put them on a pathway to access formal credit
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The Solution to Financial Challenges Facing MSMEs
- Lack of collateral to access formal bank loan
- Inability to raise capital or scale business
- Shortage of capital
- Threat of high interest rate from private moneylenders
- Allows money to be directly credited into the participants’ accounts or given out as cash equivalents such as vouchers
- Enables MSMEs to operate for longer periods to scale, and/or adopt new techniques and products
- Levies individuals with a moral (and not legal) obligation to repay
- Potential ability of selected participants to repay as a cohort
- Access to financial literacy training and a pre-credit score that can put them on a pathway to access formal credit
Journey so far…
Journey so far…
Creating evidence on good financial & digital behavior for the vulnerable locked out of the formal economy
Creating evidence on good financial & digital behavior for the vulnerable locked out of the formal economy
5-7x
multiplier effect & transformative long-term change
97%
repayment rate despite no legal obligation on grantee
33,000
participants impacted
till date
Journey so far…
Creating evidence on good financial & digital behavior for the vulnerable locked out of the formal economy
5-7x
multiplier effect & transformative long-term change
97%
repayment rate despite no legal obligation on grantee
33,000
participants impacted
till date
News and Updates
- July 11, 2023
India’s informal sector makes up a significant portion of the country’s workforce ~43% and provides employment opportunities for millions,
- June 20, 2023
In India, the informal sector represents a significant portion of the workforce, employing more than 90% of workers and contributing
- May 31, 2023
Returnable Grants (RGs) have emerged as a transformative financial instrument, driving economic empowerment and livelihood for vulnerable communities. A Returnable
- May 24, 2023
Returnable Grants (RGs) have revolutionized the landscape of financing and social impact, providing leverage from a funding perspective while creating
- February 14, 2022
The COVID – 19 lockdown has adversely impacted the most vulnerable sections of society, such as informal workers, farmers, street
- January 13, 2022
When a nationwide lockdown was announced, it immediately had a harsh effect on street vendors. An almost empty city without
- January 13, 2022
Through the REVIVE Allaince, Brihati Foundation is supporting 2 batches of farmer cohorts in the state of Gujarat, by providing
- January 13, 2022
Given the steep hit that the garment industry took due to COVID-19 and the impact it had on the livelihood
- January 13, 2022
The COVID pandemic resulted in the shutting down of a lot of businesses and beauty salons were one of them.
- November 18, 2021