Working towards digital #financialinclusion in India through innovations, research, policy and dissemination initiatives. Retweets are not endorsements #fintech
These 2 FPOs will now be mentored through CDFI's CBOs Growth Framework, built together with the @natagroindia , drawing on a year-long study of 221 PACS across 23 districts in 5 states.
More on: https://t.co/FKTqA2vDLa
#FinancialInclusion#GrowthFramework#CDFI#Cooperatives
Update from our #PACS Study๐พ: Under the Strengthening PACS & FPOs pilot in Tamil Nadu, we've onboarded 2 FPOs engaged in cold-press groundnut oil processing in Vanur & Thellar districts.
We're excited to help them grow their market access, capacity & turnover.
#PACS#FPO#FPC
Drawing on insights from 221 PACS across 5 states, CDFI's Beyond Credit report presents a practical Growth Framework that helps identify where a PACS stands today and what it needs to grow.ย
Scan the QR code to read the full report.
More on: https://t.co/M5UIrj1pM4
What if Primary Agricultural Credit Societies became more than credit institutions?
Across India, #PACS already serve as trusted institutions in rural communities. The next opportunity lies in helping them become stronger businesses, creating greater value for members.
MegLIFE's results so far: 11,000+ hectares of degraded land restored, 417 community nurseries established, and 35 lakh seedlings produced annually, creating new livelihoods for rural communities across #Meghalaya.
More on: https://t.co/M5UIrj1pM4
@CMO_Meghalaya | @MeghalayaGov
Forests aren't just restored, they're lived in. Now in its 4th year, MegLIFE is a @jica_direct-funded project managed by @mbda_meghalaya, covering 500 villages in Meghalaya.
CDFI supports the project by tracking progress, helping 38,000+ households build #SustainableLivelihoods.
#CDFIInAction | Megha-LAMP has supported 50,000 households across 1,350 villages in all 11 districts of Meghalaya. As the programme nears completion, CDFI is helping assess its impact on livelihoods, resilience, and community development.
Know more: https://t.co/M5UIrj1pM4
#DecodedByCDFI | To support PACS, #CDFI has developed a growth framework. Launching with 10 #PACS, the pilot will support expansion into agri-inputs, storage, and enterprise services, while testing a model that can be scaled across the sector.
Know more: https://t.co/M5UIrj1pM4
#DecodedByCDFI | What if Primary Agricultural Credit Societies (PACS) could become more than credit providers? Our study of 221 #PACS found that more than 55% are interested in exploring new business opportunities.
@harcobank | @NCDCgov | @natagroindia | @MinOfCooperatn
CDFI has signed a 5-year agreement with MBMA to support #IESALDP, an @ADB_HQ-funded initiative running through 2031. Through data and digital solutions, we will help plan, implement, and monitor efforts in eco tourism, climate-smart agriculture and more.
https://t.co/PM5qmS7Iav
Meghalaya's communities have long depended on their forests, farms, and landscapes for their #livelihoods. Climate change is making that harder. Building resilience means rethinking how people earn, conserve, and grow sustainable livelihoods.
@MeghalayaGov@SangmaConrad@ADB_HQ
This is one of many programmes where @CDFI has provided digital solutions making public systems more efficient and equitable. From health and financial inclusion to sustainable livelihoods, our solutions have reached millions across India.
Know more: https://t.co/vXb1Etl4bU
In May, CDFI trained educators in Tura, #Meghalaya under #MPOWER, a @MeghalayaGov initiative reaching 500,000+ adolescents across education, health and life skills.
#CDFI's digital solution helps track attendance, progress and outcomes in real time.
CDFI's study across 221 #PACS in 5 states: 62% struggle with profitability, 85% face loan recovery failure, yet 50%+ aspire to grow in the next 3 years. The findings underscore the critical need for immediate and sustained intervention.
Read more at https://t.co/M5UIrj1pM4
Earlier this month, we launched our report "Beyond Credit, a Growth Framework for Sustainable PACS". The event brought together #farmers, policymakers, cooperative institutions and development organisations driven by one shared goal of rural #FinancialInclusion.
๐New Delhi
The panel, moderated by Mr. Rajendra Thakur (CDFI), brought together Mr. Prashant Yadav (@harcobank), Dr. Tehedur Rahaman (@NCDCgov), Dr. Murugan (@natagroindia) & Mr. Anjani Kumar Singh (@BMGFIndia).
Over 1 lakh #PACS serve farmers across India. Yet barely half are profitable.
On #4YearsOfMDA Govt, launched the CMโs Safe Motherhood Scheme which aims to accelerate reduction in maternal mortality in the State. Also launched the ASHA Payment Gateway, an initiative to digitize the incentive payment process for our ASHAs
@mansukhmandviya