Our innovations enable women, smallholder farmers, and low income segments communities to build their assets, educate their children, protect their health and strengthen their resilience. Grameen Foundation is a global nonprofit organization that harnesses the power of mobile technology to deliver a vital mix of financial, agricultural and health services and information to the world’s low income segmentsest people.
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Ganesh Natarajan, Executive Chairman, Founder, 5F World, Chairman, NASSCOM Foundation.All shortlisted projects were evaluated on five parameters ICT innovation, social impact, scalability and replicability, cost and sustainability. The jury that selected the winners comprised of many renowned industry stalwarts like Debjani Ghosh, Vice President, Sales and Marketing Group, Managing Director, South Asia, Intel Corporation Padmaja Ruparel, President, Indian Angel Network Sanjay Podder, Managing Director and R&D Head- Accenture Labs India Sara Chamberlain, Director Digital, at BBC Media Action, India PuneetBhirani, Executive Vice President – Chief People & Administrative officer, Mphasis Dr. Arguably, the largest Social Innovation Honours in India, NSIF received over 1300 applications this year out of which, 9 winners were chosen after going through a rigorous two level Jury process in the categories of Primary and Secondary Education, Primary Healthcare, Accessibility, Livelihood andAgriculture, Environment and other socially relevant areas. It is a platform that fosters innovative use of technology to create sustained social impact. Now in its ninth edition, NASSCOM Social Innovation Forum is a property of NASSCOM Foundation, in collaboration with industry leaders Mphasis and Accenture. Our key motivation for this project was to increase access to financial services, especially among women, by harnessing the growing presence of mobile phones in rural India and technological developments in digital financial services.”
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ChandniOhri, CEO, Grameen Foundation stated, “We are honoured to receive the prestigious NASSCOM Social Innovation Award. Other institutions are also looking to replicate the model.Ĭommenting on the occasion, Ms. The model is now being scaled to 150 branches to several lakh clients of Sonata. The pilot phase reached out to over 23,222 beneficiaries in training them on mobile financial services and enabled transactions worth INR 1.5 cr have been routed through Oxigen. The new model enables clients to make loan repayments via digital channels and at agent locations. Ltd., a leading Indian microfinance institution, and Oxigen, a payment provider to develop a digital payment platform for Sonata’s clients. In partnership with Citi Foundation, GFI has worked with Sonata Finance Pvt. As part of the Advisory Support from Accenture Tech Labs, GFI will receive valuable technology advisory for further development and enhancement of theirsolution such that it leads to increased sustainability, scalability and on ground impact. Our project, ‘Integrating Mobile Financial Education and Services for Financial Inclusion in India,’ is enabling microfinance clients to use digital payment channelsto repay their microloans. GFI was awarded under ‘Other Social Issues’ category for its work to integrate mobile financial education and services in India. The award includes complimentary advisory support from Accenture Tech Labs.
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