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.
Zero interest, zero collateral loan like CSR and FCRA compliant financial instrument
No legal obligation on grantee to repay grant
Easy & flexible terms to repay grant money
Repayment aids to transitioning to a more formal credit guarantee
The blended finance continuum offered through Returnable Grants, combined with financial literacy training and a pre-credit score pave the way for MSMEs to earn a Credit Guarantee that enables access to formal credit.
Creating evidence on good financial & digital behavior for the vulnerable locked out of the formal economy
multiplier effect & transformative long-term change
repayment rate despite no legal obligation on grantee
participants impacted till date
The returnable grant offers an interest-free solution that can help India's economically vulnerable withstand pandemic-induced financial shocks.
A pioneering new blended finance programme could create a ‘graduation’ pathway to formal credit for informal sector workers and entrepreneurs
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. The RG with its unique zero-interest, zero-collateral, no legal obligation to repay has the potential to become a catalysing tool that can empowering individuals and businesses that were previously deemed “ineligible” or “high-risk” to access formal credit.