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Samridhi Financial Services (Magauri Securities Pvt. Ltd.)
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Target group Destitute 10 million households Urban (26%) Rural (74%) Upper Poor 70 million households ($1-$2/day PPP) Very Poor 80 million households (up to $1/day PPP) Medium farmers to small entrepreneurs who have some consistent source of enterprise income or work.  Landless daily laborers with no assets to small farmers and micro-entrepreneurs who have some income generating assets (livestock, land, sewing machine).  Families with no daily source of income Employed poor such as housemaids and industrial laborers to small entrepreneurs who have some consistent source of enterprise income or work.  Daily laborers with no assets to micro-entrepreneurs who have some income generating assets (e.g., vegetable cart, cycle rickshaw). All are characterized by not having a consistent income source.  Families with no daily source of income
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Projected micro-credit demand, crores Current micro-credit by MFIs Total micro-credit demand, India Rs. 480,000  Rs. 20,000
 
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[object Object],[object Object],[object Object],[object Object],[object Object]
 
Integrated Microfinance Financial and Non-financial services Minimalist Microfinance Missing Piece – Credit Financial Intermediation Working Capital  Asset Purchase Social Intermediation Financial Literacy Leadership  Co-operation Business Development Marketing Production Training Competitor Analysis Preparatory BDS Setting of Business Activity Capacity Building Support
Particulars Progress Till 31 st  Dec’08 Outreach 235 Disbursement 14.64 Lacs Outstanding 14.08 Lacs Manpower 12
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Samridhi Financial Services Classification of Poor in India

  • 1. Samridhi Financial Services (Magauri Securities Pvt. Ltd.)
  • 2.
  • 3. Target group Destitute 10 million households Urban (26%) Rural (74%) Upper Poor 70 million households ($1-$2/day PPP) Very Poor 80 million households (up to $1/day PPP) Medium farmers to small entrepreneurs who have some consistent source of enterprise income or work. Landless daily laborers with no assets to small farmers and micro-entrepreneurs who have some income generating assets (livestock, land, sewing machine). Families with no daily source of income Employed poor such as housemaids and industrial laborers to small entrepreneurs who have some consistent source of enterprise income or work. Daily laborers with no assets to micro-entrepreneurs who have some income generating assets (e.g., vegetable cart, cycle rickshaw). All are characterized by not having a consistent income source. Families with no daily source of income
  • 4.
  • 5.  
  • 6.
  • 7.
  • 8.
  • 9.  
  • 10. Integrated Microfinance Financial and Non-financial services Minimalist Microfinance Missing Piece – Credit Financial Intermediation Working Capital Asset Purchase Social Intermediation Financial Literacy Leadership Co-operation Business Development Marketing Production Training Competitor Analysis Preparatory BDS Setting of Business Activity Capacity Building Support
  • 11. Particulars Progress Till 31 st Dec’08 Outreach 235 Disbursement 14.64 Lacs Outstanding 14.08 Lacs Manpower 12
  • 12.
  • 13.
  • 14.
  • 15.  
  • 16.  
  • 17.