The unprivileged section of our society is vulnerable to any decline in assets or income as well as the household crisis that so regularly impact them. There is a need for financial services of a type which will protect the household's livelihood and provide greater financial security and stability.

Shikhar, the upcoming not for profit Microfinance Institution envisages to leverage the benefits of micro-lending to the marginalized rural and urban communities through sequential lending providing both savings and loan facilities at various levels. Shikhar aims to provide income generating solutions and investment opportunities to the grassroots for their overall social and economic development.

First Milestone
Shikhar initiated its operations through its first disbursement to two women groups on 1 December 2007. The two groups comprising of five women each would be using this amount of Rs. 7000/- each for income generating activities like Extension of existing enterprises like grocery store, vegetable/ fruit vending, snack and beverage vending etc.