1. Graduating from Group
Lending to Individual Lending
SOCIAL ENTREPRENEURSHIP
PURVI S. THAKER
10th Biennial Conference on Entrepreneurship
EDI- Gandhinagar, Gujarat
Case Study: The
SAATH Savings and
Credit Cooperative
Society Ltd.

2. › Introduction
› Objectives
› Literature Review
› Methodology
› The SAATH Savings and Credit
Co.operative Society Ltd.
› Research Findings
› Suggestions
› Gaps
› References
~OVERVIEW~

3. FINANCIAL INCLUSION
(NEED AND SCENARIO)

4. › “Financial Exclusion: inability to access
necessary financial services in an
appropriate form due to problems
associated with access, conditions,
prices, marketing or self-
exclusion.”(Usha Thorat)
› “Delivery of banking services at an
affordable cost ('no frills' accounts) to
the vast sections of disadvantaged and
low income group” (IIBF)
FINANCIAL INCLUSION: THE BUZZ
WORD TODAY !!!

5. › Globally over two billion people are
currently excluded from access
to financial services (United Nations,
2006).
› 111.5 million households had no access
to formal credit in India (AIDIS 2002
Survey).
› Number of formal loans accounts – 14%
of the adult population( Thorat,2007).
FINANCIAL INCLUSION: GLOBAL AND INDIAN PERSPECTIVE

6. 41% of Total Adult
Population is
Unbanked(RBI)
14% of Adults have
functional loan
accounts(RBI)

7. › Helps protect financially insecure in
unexpected circumstances.
› Elimination of middlemen and usury practiced
in informal economy.
› Guarantee unrestrained access to public
good- credit.
› Accelerate growth and promote
development from bottom to top.
› Further self-sustainability.
FINANCIAL INCLUSION: WHY IS IT NEEDED???

8. OBJECTIVES OF
RESEARCH

9. Have the third- fourth cycle clients of
The SAATH Cooperative considered
opening bank accounts with formal
banking institutions?
If they have, are their accounts
functional for loans, insurance etc.?
If not, what are the reasons?
OJBECTIVES

10. LITERATURE REVIEW

11.  Data Source
 Primary Data Centric
 Direct Personal Investigation through
Questionnaire
 Sampling Technique: Convenient Sampling.
 Population : clients in/having completed 4th
loan cycle
 Coverage :Slum clients
 Slums: Juhapura and Vasna
 Households Covered:24, 12 from each area,
Comprising a population of 110
METHODOLOGY

12. › Questionnaire Layout:
› Statistical Measures Used:
– Averages: Mean and Mode
– Frequencies
– Correlation
…… contd.

13. OVERVIEW
The SAATH SAVINGS AND CREDIT
CO.OPERATIVE SOCIETY LTD.

14. › Found as a community based savings
unit in 2002.
› Got the status of a co.operative in
March 2010.
› Catering to 12,000 clients across 7
branches ; all in slums of Ahmedabad.
Inception and Current Status

15. FINDINGS