(Figures as of 31st March 2018)
While the Bank was initially conceived of as a safe space for rural women to save their money, we have grown and evolved over time. Our focus has remained on supporting women to control their finances and grow their incomes. We were one of the first banks that provided doorstep banking services, electronic passbooks, micro-enterprise loans and insurance schemes. We regularly develop and pioneer affordable loan products for women. We also work closely with the Mann Deshi Foundation to support women’s businesses grow and flourish. Entrepreneurs who come to the Bank for working capital loans are referred to the Business Schools run by the Foundation for additional business support and training. Likewise, graduates from the Business schools are provided loans by the Bank to set up and expand their enterprises.
At present we are dedicated to empowering women to understand, access and become comfortable with cashless banking. We are gearing up to provide agent-based real-time digital banking services at convenient locations that will ensure that women entrepreneurs benefit from the latest technology.
Mann Deshi wins International Innovation Award
Mann Deshi came first among 128 applicants from 38 countries for serving low-income communities with market-based strategies.
Global Economic Summit, 2017
Mann Deshi CEO Rekha Kulkarni was awarded for at the 6th Global Economic Summit 2017 of the All India Association of Industries (AIAI) and World Trade Centre (WTC) Mumbai.
INDIAN BANK ASSOICATION
The Indian Bank Association honoured Mann Deshi Bank with the “Best Eco-tech” bank award.
Federation of Cooperative Banks (Maharashtra), 2014
Chief Manager of Reserve Bank Mrs. Surekha Marandi presented the award to Mann Deshi Bank for using new technologies to reach poor underserved women.