Samridhi Fund is a social venture fund investing in social enterprises across eight low income states of India

Problem

Problem

Lack of affordable and quality healthcare services.

Unavailability of healthcare services in most cases at night.

Solution

Solution

State of the art quality services at affordable cost,with 24 hours emergency services, Glocal aims to reduce average length of stay of the patient by opening centres close to the underserved areas.

Glocal

Impact

Impact

Reduction in the number of repeat visits, thus substantial savings in both medical and travelling costof patients and their attendants.

Timely treatment in case of emergency which could prove life saving.

Problem

Problem

Warehouses very far from the village, causing huge wastages due to multiple handling of the foodgrain.

Distress sale by farmers to repay money to lenders, fetching lower realization.

Solution

Solution

Scientific storage of produce near their fields in the warehouse including value added services like cleaning, grading, pledge financing etc.

Gramco

Impact

Impact

Savings in wastage of the grainswhile storing in house or transporting to a faraway mandi / warehouse.

Savings in transportation and labour costs of a farmer.

Twin benefits through pledge financing - prevention of the distress sale and potential realisation of future price increase.

Better price realization to the farmers by cleaning and grading.

Problem

Problem

Lack of employment opportunities and low availability of pure milk in Bundelkhand region.

Solution

Solution

Leasing cows from rural poor farmers in the dairy farm and selling cow milk in nearby market.

Shikhar

Impact

Impact

Regular income to large number of villagers leasing their cows to the dairy farm.

Direct and indirect employment due to the dairy activities in the village.

Availability of pure cow milk to the milk deficit local market.

Problem

Problem

Lack of proper healthcare facilities to the people especially treatment of diabetes which is prevalent in Odisha and in surrounding region.

Solution

Solution

Providingquality and affordable multi-speciality diabetes careand treatment for other diseases in Bhubaneswar and creating a network of district centres in tier II and II cities of Odisha.

KIDS

Impact

Impact

Specialised diabetic healthcare facility at affordable cost.

District centres providing medical treatment to the underserved areas of the Odisha.

Timely treatment to help people avoid future complications due to diabetes.

Problem

Problem

Lack of potable water in rural areas affected by chemical & bacteriological contamination of ground / surface water sources and consequent need to travel long distance to procure potable water.

Solution

Solution

Installation of community water centres in villages having population between 500-5000 where ground-water is the only source of water and is chemically or/and biological contaminated.

Removal of excess fluoride from ground without in a eco-friendly way without recycling in back to the ground.

RiteWater

Impact

Impact

Clean and pure potable water at an affordable cost to the community.

Prevents potential health hazard.

Savings of women's drudgeryof procuring water for household consumption.

Employment tolocal villagers for operating and maintaining the water centres.

Problem

Problem

Lack of focus on purity & quality in milk.

Solution

Solution

Farmer level awareness through model cow rearing techniques and consumer level awareness about the benefits of pure cow milk. Also bringing awareness about efficient and local and environment friendly solutions like biogas, azola feed, organic farming, feed pellets, etc. to reduce their costs while improving yield and maintaining quality.

Sahaj

Impact

Impact

Create a robust and replicable Dairy Model for fragmented Roll-out in Rural India.

Prevents potential health hazard.

Providing regular and sustainable better income opportunities through creating awareness, education and overall community development efforts by helping cross-sell their agri produce to urban consumers.

Problem

Problem

The small and marginal farmers are being pushed to poverty due to higher input cost, rationed seed supply, decreasing yields and thus shrinking margins. Further, to counter the decreasing yield, the farmers use increased quantity of chemical fertilizers and pesticides which are expensive and have adverse effect on health of farmer as well as environment.

Solution

Solution

Organic farming provides cost effective and sustainable modelfor small and marginal farmers wherein farmers use low costand locally produced organic inputs like e.g. green manure, natural and herbal pesticides / insecticides,optimum and effective use of irrigation which substantially brings down cost of farming without significant dip in return.

Natureland

Impact

Impact

More farmers would adopt the organic farming philosophy and therebyreducing their cost of cultivation while maintaining or even increasing their revenue generating avenues, sustaining fertility of the land and leading quality life in chemical free environment.

Problem

Problem

Lack of affordable credit hurts livelihood of rural India whereinonly 58.7% of households in India are availing banking services and 51.4% of farmer households are excluded from both formal / informal credit sources. In the absence of formal credit system, people are forced to borrow at higher interest rate which may result in financial distress of the customers. Financial exclusion is even higher among women and in tribal belt.

Solution

Solution

Through its microfinance operations, the Company provides livelihood support to the financially underserved households in the Central Eastern region of India.The company lends to Self Help Groups (SHG) and has special focus towards rural and tribal belts. The Company also conducts various educational / training programs to strengthen the SHGs.

Annapurna Microfinance Private Ltd

Impact

Impact

Microfinance to SHG groups in low income regions where presence of other financial institutes is minimal will promote financial inclusion.

Loan to SHGs will encourage savings and income generating activities.

Micro insurance to the borrowers will provide financial protection to the families.

Access to finance will provide higher self-esteem among the female borrowers due to economic empowerment and enhanced participation in family decision making process.

Problem

Problem

Need of home health care services for senior citizens, nursing/ caregiver/attendants for patients recuperating from surgery.

Lack of reliable and trained caregivers/ attendants.

Solution

Solution

Sourcing and training caregivers. Providing online/ calling facilities for booking appointments for various home health care services.

Hello Health

Impact

Impact

Providing affordable healthcare services and also reducing burden on existing hospitals by freeing up beds post-surgeries.

Generating employment opportunities at bottom of the pyramid and providing with sustainable livelihood.

Problem

Problem

Lack of affordable credit hurts livelihood of rural India whereinonly 58.7% of households in India are availing banking services and 51.4% of farmer households are excluded from both formal / informal credit sources. In the absence of formal credit system, people are forced to borrow at higher interest rate which may result in financial distress of the customers. Financial exclusion is even higher among women and in tribal belt in Central and Eastern India.

Solution

Solution

Through its microfinance operations, the Company provides livelihood support to the financially underserved households in the Southern India. The Company primarily follows Joint Liability Group model and is expanding in Samridhi States.

Esaf

Impact

Impact

Microfinance in low income regions where presence of other financial institutes is minimal will promote financial inclusion.

Loan will encourage income generating activities.

Credit plus services to improve standard of living of rural poor.

Access to finance will provide higher self-esteem among the female borrowers due to economic empowerment and enhanced participation in family decision making process.

Problem

Problem

Lack of affordable credit hurts livelihood of rural India whereinonly 58.7% of households in India are availing banking services and 51.4% of farmer households are excluded from both formal / informal credit sources. In the absence of formal credit system, people are forced to borrow at higher interest rate which may result in financial distress of the customers. Financial exclusion is even higher among women and in tribal belt in Central and Eastern India.

Solution

Solution

Through its microfinance operations, the Company provides livelihood support to the financially underserved households in the Southern India. The Company primarily follows Joint Liability Group model and is expanding in Samridhi States.

Sonata Finance Private Limited

Impact

Impact

Microfinance in low income regions where presence of other financial institutes is minimal will promote financial inclusion.

Loan will encourage income generating activities.

Access to finance will provide higher self-esteem among the female borrowers due to economic empowerment and enhanced participation in family decision making process.

Problem

Problem

In a developing economy like India, ensuring access to finance for fueling growth and entrepreneurship is a priority.

The banking penetration is low and the quality of coverage and ability to access comprehensive financial services for households as well as small businesses is still underserved. Further, the current supply of debt to social enterprises is scarce.

Solution

Solution

There is potential for NBFCs to help deepen this space, enabling social entrepreneurs to scale up their businesses without depending entirely on equity.

The company provides much needed debt capital to social enterprises in Samridhi States by building the capacity and resources required to support such enterprises.

Caspian

Impact

Impact

Access to finance will enable small social enterprises to get debt funding at affordable cost without worrying much about the collateral security without which borrowing from banks system is difficult.

The beneficiary companies will also get knowledge based support from Caspian as it invests in select impact areas where it has expertise such as Small Business Financing, Food & Agriculture linked enterprises, Healthcare, Microfinance etc.

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