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.

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
  •  

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

Returnable Grant

    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

    Returnable Grant

      Stories of impact

      News and Updates