CRISIL Foundation holds 'Mein Pragati' in Guwahati

STAFF REPORTER

GUWAHATI: CRISIL Foundation held its flagship financial capability building programme 'Mein Pragati' here today. CRISIL Foundation distributed convocation certificates to the participating women.

CRISIL Foundation has been implementing its flagship financial capability-building programme – 'Mein Pragati' – in Assam and Rajasthan since 2015. The programme adopts a unique approach to building financial capabilities, financial inclusion and driving positive financial behaviour through a 'Hub & Spoke' model, where 'Spokes' comprise a trained all-women community cadre known as 'Sakhis'.

Currently, over 1,800+ trained Sakhis are engaged in 2,400+ villages of Assam and Rajasthan, having reached over a million rural community members (mostly women), and facilitated over 7.5 lakh linkages to formal banking, financial products and government schemes. The cadre is financially self-sustaining and replicable. To ensure replicability, the training programme that builds the capacity of the Sakhis has been adapted into an online learning and certification module, namely Gram Shakti. It can be accessed through an Android app and covers topics of Financial Inclusion and Literacy, including financial planning, savings, investment, loans, insurance, pension and livelihoods etc.

The first batch of Sakhis graduated in 2019 and was formally awarded the Gram Shakti certification at a convocation ceremony held in Guwahati. This was followed by subsequent batches during the years 2020 and 2021. "Our present batch of 50 Sakhis in Assam has completed the program and will receive their graduation certificate at the proposed convocation ceremony," said Maya Vengurlekar of CRISIL Foundation.

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