Due to the Covid-19 pandemic, our country was in lockdown, and one of the sectors which were badly affected by the lockdown was the Informal Sector. The informal sector comprises occupational groups such as domestic workers, home-based workers (including garment workers), street vendors, waste pickers, hawkers, etc. These people usually have a weak financial background.
Through this program, Saath envisions a powerful way of addressing the needs of the people by providing them various financial facilities such as providing loans to them at a 0% interest rate. They can reboot their business and build their earning capability, create awareness campaigns for the people’s financial literacy, enlighten them about the various government schemes and job opportunities, pairing up with cooperative societies, and much more.