Social Financial Services

Social financial services include various products and services aimed at supporting social goals like reducing
poverty, promoting financial inclusion, and enhancing economic development. Social enterprises like Sankalp
Micro Association, prioritize social objectives alongside financial goals, reinvesting profits to create employment
opportunities and provide essential services to disadvantaged communities. Our diverse products and programs
contribute to building a more inclusive financial system that meets the needs of marginalized populations and
fosters sustainable development.

Key components include:

1. Microfinance: Empowering low-income individuals and fostering entrepreneurship, microfinance provides
small loans, savings accounts, and insurance to those without access to traditional banking services.

2. Impact Investing: Investing in companies, organizations, and funds with the goal of creating both
measurable social and environmental impact and financial return. Impact investors aim to tackle social
challenges while making a profit.

3. Financial Education and Literacy Programs: Programs aim to improve financial understanding, enhance
money management skills, and promote informed decision-making for achieving stability.

4. Digital Financial Services: Using technology to offer financial services to underserved populations, including
mobile banking, digital wallets, and fintech to enhance financial inclusion and access to services.

The products on offer:
i) Mahila Shashaktikaran Yojana
ii) Recurring Deposit, Fixed Deposit and Monthly Income Scheme
iii) Insurance
iv) MF
v) Stock Trading Scheme