About Us
ABOUT SANKUL
Sankul Capital Services Private Limited has been set up with the objective of providing financial services to the poorest of poor in the remotest village where formal channels of credit rarely reach. Sankul is a group of dedicated development professionals with more than two decades of experience in working closely with the communities in the area of community mobilization, health care and socio-economic development. The group’s mission is to help poor families come out of abject poverty in a sustainable manner by adopting a holistic approach to poverty eradication. Sankul believes in empowering the community to tackle their challenges without a dependency syndrome.
Our Vision
To help poor families come out of poverty in a sustainable manner by adopting a holistic approach of social mobilization, institution building, financial support, livelihood support and social security.
WHAT WE ADDRESS
Sankul Capital Services Private Limited has been set up with the objective of providing financial services to the poorest of poor in the remotest village where formal channels of credit rarely reach. Sankul is a group of dedicated development professionals with more than two decades of experience in working closely with the communities in the area of community mobilization, health care and socio-economic development. The group’s mission is to help poor families come out of abject poverty in a sustainable manner by adopting a holistic approach to poverty eradication. Sankul believes in empowering the community to tackle their challenges without a dependency syndrome.
Why Sankul?
As per the latest Equifax data on the sector, as of July 2020, reported in Bharat Microfinance Report 2020, the combined loan outstanding of 198 credit institutions was Rs. 2,20,049 crores, provided through 1,013 lakhs loan accounts. The share of different institutions in loan outstanding is as follows: Banks Rs. 91,839 crores (42%); NBFC-MFIs Rs, 70,433 crores (32%); SFBs Rs.38,857 crores (17%); NBFCs Rs. 17,136 crores (8%) and Non-profit MFIs Rs.1,784 crores (1%). So why add Sankul Capital Services as one more Finance Company? What could be its possible contribution? Well, Sankul Capital Services will serve the unserved and the underserved, mainly the poor, assetless, marginalized and women clientele through a network of Self Help Groups(SHG) and Joint Liabilities Groups(JLG) which are formed, capacitated. nurtured and handheld throughout their lives. Sankul will provide doorstep delivery of financial services at every village and save the valuable time, energy and money of our clients. Sankul Capital Services is focussed not only on meeting the credit requirement of its members but also on their holistic development including education, health, quality of life, change of mind-set and a strong support mechanism which will not allow them to fail.