Financial Assistance for Micro and Small Businesses and Individuals affected by the Covid19 crisis

By SocioLadder Foundation
Financial Assistance for Micro and Small Businesses and Individuals affected by the Covid19 crisis

Project Brief

While the full economic consequences of the Covid-19 pandemic are still unclear, financially, the worst affected by the crisis are micro and small businesses and individuals, including those who’ve lost jobs due to the pandemic and daily wage workers in the non-essential category. In this Project, Socioladder aims to provide Financial Assistance to those whose livelihoods have been affected due to COVId-19 crisis, after thorough verification and validation.

Transparancy RatingVerififed by Big4 Audit Firm

    Key Outcomes

    • -Financial help to micro and small business owners for sustaining livelihood (based on a percentage of their turnover pre-Covid-19)
    • Financial help for revival of micro and small businesses (specially those run by women)
    • Proportion of individuals / HHs with improved coping mechanisms who got financial support in cash or kind

    Details

  • Thematic Area: Livelihood
  • Project Location: 
    Mumbai, Maharashtra, India
  • Budget:  USD 750,000
  • Beneficiaries: 10000