An Uplifting Vision for Change
In a heartfelt collaboration aimed at uplifting the lives of rural Indian communities, the DBS Foundation, together with Haqdarshak Empowerment Solutions Pvt. Ltd. (HESPL), has launched a groundbreaking financial literacy program. Backed by an impressive SGD 5.1 million, this initiative is a significant stride in DBS Bank’s broader commitment to dedicating SGD 1 billion over a decade to enhance lives across low-income demographics.
Bridging Financial Knowledge Gaps
Rural India’s journey toward financial inclusion has often been hindered by a lack of access and awareness. As stated in The CSR Journal, the newly-funded program specifically targets these gaps by delivering resources and knowledge to the underserved, focusing on areas like Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Chhattisgarh, and Odisha.
Empowering the Underserved
A dedicated army of field agents, alongside Haqdarshak’s empowering female agents, spearhead the initiative, bringing practical financial knowledge and digital literacy to those who need it most. The program emphasizes integrating eligible participants such as women, the elderly, and nano entrepreneurs into suitable social welfare schemes, while also arming them with anti-scam awareness.
A Commitment to Lasting Impact
DBS’s Managing Director, Azmat Habibulla, expressed deep gratitude and pride in this partnership, highlighting DBS’s dedication to creating pathways out of poverty through access to competent financial training. Together with Haqdarshak, they are fostering an ecosystem that goes beyond mere banking, paving a path to financial independence and inclusion for India’s rural populace.
A Legacy of Support and Partnership
Haqdarshak Co-Founder and CEO, Aniket Doegar, shared insights into the long-standing relationship with DBS Foundation. From the initial Business for Impact Grant to more recent collaborations, this partnership has been instrumental in scaling impactful solutions, reaching over 4 lakh individuals with entitlement support and enhancing financial literacy of over 2 lakh citizens.
Building Resilience through Inclusion
The initiative forms part of DBS Foundation’s broader mission to offer resilience to vulnerable communities, resonating deeply with enterprises that blend profit with purpose. Such noble endeavors embody DBS’s mission to foster empowerment and resilience, creating ripples of positive change across Asia.
Promising to inspire change, create opportunities, and build futures, the DBS Foundation and Haqdarshak continue to blaze trails of hope and empowerment through financial literacy and social inclusion.