Education Initiatives by SMFG India Credit's CSR Program

Sakhi – A Financial Literacy Program

The ‘Sakhi-Financial Literacy’ initiative is one of the flagship programs of SMFG India Credit under Education, aimed at creating financial awareness among women and adolescent girls, thereby fostering their empowerment and social inclusion. This program targets rural, peri-urban, and urban slum areas across various states in India. It combines the power of digital technology with a personal touch to maximize its reach and impact.

A master trainer, or “Sakhi,” is selected from the community and trained by SMFG India Credit. This Sakhi then disseminates financial literacy knowledge to her peers in the village using digital tools such as tablets and animated stories.

In developing economies like India, there are numerous challenges that make access to quality education difficult. Most prominent are the lack of affordable financing, career guidance and inefficient or inadequate knowledge of available educational aids for students, that raises the cost of education, especially for the bottom-of-pyramid segment. To bridge this gap, SMFG India Credit along with its partner NGO empowering student with scholarship opportunities.