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
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
India’s informal sector makes up a significant portion of the country’s workforce ~43% and provides employment opportunities for millions,
In India, the informal sector represents a significant portion of the workforce, employing more than 90% of workers and contributing
Returnable Grants (RGs) have emerged as a transformative financial instrument, driving economic empowerment and livelihood for vulnerable communities. A Returnable
Returnable Grants (RGs) have revolutionized the landscape of financing and social impact, providing leverage from a funding perspective while creating
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