To promote financial inclusion for women slum dwellers in Mumbai.
The Greater Mumbai region (constituting the city of Mumbai and its suburbs) has a total popu- lation of around 21 million people, over 40% or this population lives in slums or low income housing colonies. Although there are a number of banks operating in this region, the penetration of active bank accounts is still quite low. Banks are not focused on providing services to the lesser educated and less affluent population that would be interested in lower value transactions. This is the segment that Svasti serves.