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Case Study
In their quest to empower women self-help groups (SHGs) in Assam, CRISIL Foundation in collaboration with their field partner, aimed to reach over 100,000 beneficiaries with a financial inclusion program. Their goal was to provide customized financial counseling and then link these groups with valuable government schemes. However, they faced significant challenges to which we provided innovative solutions that enhanced their program’s efficiency and impact.
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Project
Partners
To reach large number of beneficiaries that were spread across 100s of villages across Assam was a logistical nightmare in daily management and coordination of 140+ field representatives
Manual data collection meant not only using lot of paper, but also compromising on data accuracy, validation, & mistakes creating inconsistent and inaccurate database
Post data collection and validation, creating and imparting customized financial counselling to each household was extremely time-consuming
Due to widespread and high-volume nature of work, getting real-time information and making data-driven decision-making to improve project outcomes was a challenge
Created easy to understand smartphone apps that helped in collecting data
Created a SHG rating system to help select and plan capacity building
Created dashboards and reports for monitoring outcomes and impact
Enabled creation of easy to read and customized financial health cards for each households
Our sponsors and implementation partners were able to get a small banking license from RBI and award from the Government of India for the project
Better data quality led to accurate analytics and representation of the needs to better align with the government programs
Reduced the estimated 6-month time by 40%
Substantial saving of 5 Lakh+ paper sheets and logistic efforts
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Copyright © 2023 Synergy Connect | All Rights Reserved