Social
SUSTAINABLE BANKING REPORTS
We set social targets and measure the same through a well-developed mechanism approved by international bodies, monitoring universal standards of social performance
SETTING SOCIAL TARGETS
The Organization has set social targets for each of its branch network on the following indicators –
- Reaching the poor
- Reducing poverty levels
- Reaching rural clients
- Access to toilets
- Access to water & sanitation
- Access to social security
- Reaching out to persons with disabilities
- Improvement in housing
- Women headed households
- Growth of economic activity
- Promoting health insurance
HOW WE MEASURE THE SOCIAL TARGETS
- Social targets are measured every quarter in respect to the inputs received from the branches.
- SPM audit check is done by the Internal Audit team, vis-à-vis specific parameters.
- SPM department gathers at least one case of positive transformation among the clients per branch, every quarter.
- SPM department generates periodical reports on client empowerment and education programs.
- SPM department counts the scores registered in client satisfaction survey, conducted periodically.
Progress out of poverty index (PPI)
PPI is a tool used to track the poverty status of the clients. The data collected is validated through random checks conducted by the internal audit and the R&D teams. The service quality is verified through telephone enquiries and household visits.
LIVELIHOOD SUPPORT SERVICES
We provide Livelihood Support Services to the clients by
- Organizing Skill training programs
- Creating marketing avenues to sell their products
- Linking them to Govt. Schemes
HEALTHCARE SERVICES
Apart from owning two hospitals in the rural areas of Palakkad, we have initiated other activities like AROGYAM Project, AROGYA MITHRA, Medical Camps and Welfare measures for the physically challenged.
CHILD CARE CENTRES
ESAF offers educational support to the tribal children in Jharkhand. We provide systematic value based education to 1600 plus children in 37 Child Care Centres in Jharkhand.
For children of our sangam members and staff, we offer scholarship programs and for children in Government schools we encourage their reading habits by sponsoring newspapers.
International Women’s Day
We observe the International Women’s Day to celebrate social, economic, cultural and political achievements of women. The day also marks a call to action for observing gender parity. In the true spirit of the day, all ESAF branches across the country will organize programs that are beneficial to the members.
Capacity Building Programs
Capacity Building Programs are conducted to empower the members with self-esteem and entrepreneurship qualities to raise their standard of living. Last year, 418 programs were conducted and 6,178 members were benefitted from the same.
Financial Literacy Programs
These programs are organized with an aim to educate the members on financial matters like how to effectively utilize the loan amount, how to create long term assets, budget preparation etc. In the last year, 2,682 members from 122 branches had been benefitted from the program.
ESAF Mangalya Nidhi
A special scheme to offer wedding assistance of Rs 50,000 to the daughters of the sangam members (up to 25 deserving members).
In 2016, 3865 ESAF members had contested in local panchayath elections and 1,100 of them emerged winners.
Women Empowerment Initiatives
We organize leadership training programs for sangam members. Since becoming our members 97% of them have a say in financial matters.
Community Transformation Hubs
ESAF started 25 Community Transformation Hubs (CTH) across the states of Kerala and Maharashtra. Under these Centres meant for the development of children and women, a woman from the community (also an ESAF SHG member), will be employed to provide education support and skill development programs.
Jharkhand Integrated Development Project
The project envisages an empowered community with adequate livelihood options, skills, healthcare facilities / knowledge and educational opportunities. It aims to serve 5,000 Tribal families in the Santal, Pargana region in Jharkhand, covering 50 villages from Sahibganj, Godda, Pakur, Deogarh & Dumka Districts (10 villages from each district), in a span of three years.
We are focussed on bridging the gaps in the areas of financial literacy, education, health, and financial inclusion covering children, youth, women and the general public.
Lahanti Institute of Multiple Skills
The institute is aimed to provide opportunity for the tribal youth in Jharkhand and get them trained in various job-oriented skills. The courses have been designed to equip them in meeting job demands. The courses cover wide-ranging areas such as office management, financial service, electronics, electrical appliances, photography, videography, fashion designing and computer applications.
Disaster Relief Programs
Other than monetary support, we often step into assist relief measures in disaster affected areas. During the Tsunami and the Chennai Floods we actively participated in the relief measures. Last year, in Chennai, 22 food kit distribution programs were organized in the areas like Chennai, Ambalapuzha and Sadar and 1,862 members were benefitted from the same.
Let Them Smile
'Let Them Smile' is an initiative to provide opportunities for the holistic development of the children through education, healthcare, social security and other supporting services.
Welfare measures for the physically challenged
The person with disability day is observed every year by organizing special awareness programs. Welfare and Wheel chair Distribution programs are organized for distributing welfare funds. Last year, 868 members were benefitted from the programs.
Medical Camps
Organise medical camps focusing on Non-Communicable Diseases (NCDs), eye camps and monsoon awareness programs.
AROGYA MITHRA
Under this project, selected beneficiaries are trained to become Community Health Volunteers. They are adequately equipped to check the BP and blood sugar level of the clients on a regular basis. They advise the clients on the importance of healthy life style practices to prevent NCDs.
ESAF Rhema Dairy
The Organization intends to help the dairy farmers in accessing the open market. Other than dairy loans, fair prices are being paid to the livestock farmers for the milk collected from them. For those engaged in cattle rearing veterinary services are also provided.
SROI study suggests that for the equivalent of every Re 1, invested in ESAF Microfinance, Rs 3.19 is returned in social value.
Trade Fairs
During festival seasons like Onam, Trade Fairs are organized for sangam members to display and sell their products.
AROGYAM Project
An initiative to reach the clients in Central India and organize Reproductive Health and Child Health Programs among them.
