Pahal Sangini Mobile Application – A digital inclusion initiative

Pahal mainly cater to the low-income customer groups that have limited familiarity with technology. Pahal Sangini mobile application can deliver superior service by adopting easy-to-use technology to empower the customer with handy information related to borrowing, instalment due dates, loan status and digital payments.

The App offers an innovative and user-friendly interface, suited for MFI customer profiles. Some of its core features are:

Convenient access to loan accounts

Instant alerts on loan status

Digital Payments

Pahal Financial Services raises 5 million USD from WaterEquity

Pahal Financial Services Pvt. Ltd. recently raised debt capital worth 5 million US dollars from WaterEquity, a USA-based impact investment asset manager. Pahal has been working towards providing funding for clean water and proper sanitation facilities to marginalized communities since the last two years. The organization has developed strategies which are in line with the United Nation’s Sustainable Development Goal – 6 (Clean Water and Sanitation for all).

Till date, Pahal has impacted more than 10,000 households by providing access to funding for clean drinking water & sanitation and toilet facilities for households. This debt capital will help to further on-lend to women borrowers from low-income households, increasing their access to clean water and toilet facilities.

Speaking on the occasion, Mr. Sridhar Sampath, South Asia Regional Director at WaterEquity, comments “In partnering with Pahal, WaterEquity is able to support sustainable growth in access to water and sanitation in emerging markets. Together, we are accelerating an end to the global water and sanitation crisis for millions of women, children, and men in India.”

Covid – 19 relief announcements

Pahal financial services recently announced that in the event of an unfortunate demise of any of the employee due to COVID 19 complications, the spouse/next to kin of that particular employee will be given 1 year of salary.

This will be over and above the any existing insurance policies.

For further details, please get in touch with the HR department.