Inclusion Plus identified over 100 innovative solutions working to improve access to quality financial services in India. Five finalists competed at the final event on April 28, 2017, and our judges voted on the winners. See their projects below.
The Swadhaar Group is creating an Android-based illustrative money management tool to be used on low-cost smartphones by sub-illiterate groups, allowing users to track their financials and save money.
Artoo enables MSME lenders to effectively serve a borrower base with limited digital footprints by equipping the field agent with cutting-edge technology at the borrower’s doorstep, making the most of the technology and the human being, to reduce anxiety and deepen financial inclusion.
Shram Sarathi is a financial services institution that offers micro-loans, insurance, pension, and savings to migrant communities. The lending model offers loans that give seasonal migrant workers the right combination of financial services and social protection.
Suvidhaa Nanocredit offers an instant credit facility to the bottom-of-the-pyramid segment with little or no credit history. Their rich transaction repository is mapped with Aadhaar’s “Know Your Customer” process.
Shampa Das, Senior Manager of Organisational Effectiveness, was the PNB MetLife Mentor to India’s 2nd runner-up, Shram Sarathi. Hear about the mentor experience from her and her mentee, Rupal Kulkarni, CEO and Founder of Shram Sarathi.