Social Objectives

Considering that livelihoods is of key importance to poverty action in India, it is understood that programs must not be restricted to monetary transactions, but must also deal with social issues: literacy, healthcare, and hygiene, among many others. The Center for Microfinance is conducting research on developing effective hybrids between programs for financial benefit and those for social benefit. For example, it was found that a program that distributes anti-malarial bed nets (social) on microcredit financing (monetary) increases the employment of these bed nets. It is the key aim of researchers working under this broad field of social objectives to identify the impact at the nexus of social and financial, thereby increasing the overall standard of living for the poor.