More than 60% of Mumbai's 15 million people live in extreme poverty. While these residents could meet a portion of their basic livelihood needs through small loans, they lack access to financial institutions that could provide them with simple services.

Swadhaar

Grantee:

Swadhaar

Program:

Family Economic Stability

Grants:

~$1.6M

Activities:

Micro-lending and support services

Impact:

>22,000 Customers (Jan. 2010)

Focused on Providing Microfinance Services to Urban Poor in Mumbai

More than 60% of Mumbai’s 15 million people live in extreme poverty. While these residents could meet a portion of their basic livelihood needs through small loans, they lack access to financial institutions that could provide them with simple services.