Summary:
Bengaluru, Karnataka, India (NewsVoir) • Aims to touch lives of over 9 Lakh people through digital financial inclusion in Karnataka • Successfully implemented Digital Sakhi projects in Maharashtra, Madhya Pradesh, Tamil Nadu, Odisha and West Bengal • Digital financial literacy extended to over 8.60 Lakh community members across 5 states in FY22 • Customized training module for each state basis baseline-and-needs assessment survey L&T Financial Services (LTFS), a leading non-banking financial company, today announced the inauguration of its Digital Sakhi project in Karnataka.
The flagship CSR project of the Company - ‘Digital Sakhi’ - trains and nurtures rural women, who in turn promote women entrepreneurship and Digital Financial Literacy (DFL) in their communities.
The inauguration of the project in Karnataka follows the success of the Digital Sakhi projects implemented in the states of Maharashtra, Madhya Pradesh, Tamil Nadu, Odisha and West Bengal.
Since its inception in 2017, Digital Sakhi projects have created a cadre of 960 Digital Sakhis who have helped upskill over 5,500 women entrepreneurs.
In FY22 alone, Digital Sakhis trained and empowered more than 8.60 Lakh people across 5 states on DFL.
Through, the project in Karnataka, LTFS endeavors to create a cadre of over 300 Digital Sakhis as digital enablers, who, in turn, will impart DFL trainings to over 9 Lakh community members covering topics like digital modes of payments, access to government entitlements, goal-based savings, etc.
In addition, the project aims to support over 3,000 women entrepreneurs in establishing and scaling their micro-enterprises through upskilling and enterprise-development trainings.
Mr.
Dinanath Dubhashi, Managing Director & CEO L&T Finance Holdings said, “Many of our retail businesses directly engage with rural communities giving us an all-encompassing view of customers’ needs, including the gaps that exist within the community.