India SEWA 2025 Digital Financial Inclusion of Informal Sector (WB-P167886)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Bihar, Uttar Pradesh, Rajasthan, Meghalaya, Assam and Gujara
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Self-Employed Women’s Association (SEWA)
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Grant
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 2.73 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Oct 9, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank document, the project aims to foster increased use of digital financial services by informal sector women in low-income households in selected States. The project will reach at least 500,000 women from low income and marginalized households in six states namely Bihar, Uttar Pradesh, Rajasthan, Meghalaya, Assam and Gujarat. The project will enhance financial literacy and proficiency in using mobile technology among target groups, and catalyze adoption of digital financial services so that these households can access formal financial instruments for improved livelihoods."

 
Investment Description
  • World Bank (WB)

Co-financing:

Japan Social Development Fund US$ 2.73 million

Contact Information

World Bank

Varsha Marathe Dayal

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.