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Technology Assisted Financial Inclusion by BASIX   


BASIX has initiated single-window provision of comprehensive financial services to the poor under the Business Correspondent framework. Due to regulatory restrictions, it was earlier not possible to provide saving and remittance services to poor. Read more....


Vidhya Samruddhi-An Educational Loan Product :

The primary objective is to enhance human resources by funding higher studies and skill-training to the candidates belonging to rural and semi urban areas, who are economically backward and who do not have formal access to nationalized and private banks. Hence, they are deprived of opportunity that could benefit them and society at large. Read more....



BASIX  Academy :

The primary objective is to enhance human resources by funding higher studies and skill-training to the candidates belonging to rural and semi urban areas, who are economically backward and who do not have formal access to nationalized and private banks. Hence, they are deprived of opportunity that could benefit them and society at large. Read more....

Micro credit for water & sanitation - Indian Grameen Services and WaterPartners International (WPI - USA) had entered into an agreement for collaboration in the water credit initiatives of WPI, for providing loans for water and sanitation facilities to households and communities in India through a micro-credit approach. Under this agreement, IGS has accepted in designing a micro credit product for offering to the poor households and pilot the product in three locations in India. These locations are Indore (Madhya Pradesh), Delhi and Ganjam district (Rural) in Orissa state.

This project has the objective of testing the technical and financial feasibility of WatSan loans. A pilot project has been designed by IGS in order to test the new product. As of now, 389 clients have been covered with this loan – the amount disbursed is Rs. 4 million.