In a significant development for the microfinance sector, Sa-DHAN, the esteemed association of Microfinance and Impact Finance Institutions, has announced the election of Mr. Ganesh Chandra Modak as a Board Member. Mr. Modak, the Managing Director of Grameen Shakti Microfinance Services (P) Ltd, brings a wealth of experience and a…
Throughout the years, the world has witnessed an increase in poverty rates all over the globe. Globally, 1.1billion people (18% of the total population) out of 6.1 billion people, are acutely multidimensional poor and live inacute multidimensional poverty across 110 countries. According to NITI Aayog’s National Multidimensional Poverty Index (MPI),…
Grameen Shakti Microfinance Services Pvt Ltd is a leading microfinance organization that is committed to empowering underserved and marginalized communities. One of the ways in which Grameen Shakti is achieving this goal is through its #financialliteracy campaign. This campaign is aimed at educating its customer members on the importance of…
Grameen Shakti Microfinance Services Pvt Ltd is empowering the weavers and handicraft makers from Bihar and West Bengal through its innovative joint lending schemes. These sustainable loan products enable these artisans to expand their businesses by acquiring raw materials at a better cost and marketing their products far from their…
Grameen Shakti has been making a significant impact on the lives of thousands of farmers and their families in the Indian states of Bengal, Bihar, and Jharkhand. Grameen Shakti has been dedicated to providing affordable financial services to the rural poor, with a special focus on empowering women. Over the…
