News and Updates
Dia Vikas increases its stake in MFSL
Dia Vikas Capital Pvt Ltd (a subsidiary of Opportunity International Australia) invested 21.5 mn in Margdarshak Financial Services ltd taking its stake to 49% in the company. Dia Vikas is a social investor to support the growth of Indian microfinance and to partner with socially-focused MFIs, including start-ups, to operate in underserved areas. Dia Vikas Capital Pvt. Limited (Dia) aims to directly touch the lives of millions of people in profound need in an effective and efficient way. Its primary objective is to reduce the number of people living in poverty and it does this through investing in and partnering with socially-focused MFIs.

Margdarshak Undertakes Financial Inclusion Programme with NABARD
Margdarshak is conducting a financial inclusion campaign in Dharbhandora block of South Goa. The campaign aims at facilitating access to banking services and government sponsored programmes for 13 villages of the block. Dharbhandora is a newly created and one of the most backward Taluka’s of South Goa. The campaign will also enable the residents in opening bank accounts, creating fixed deposits, linking aadhar card for direct benefit transfer etc. The SHG’s of the region will also be linked with the ……more……banks of the region. As a part of the campaign a 2 day training program on financial literacy was organized by Margdarshak Development Services (MDS) in association with NABARD, South Goa. The participants for the training included volunteers, field coordinators and field workers of MDS - Goa team from the districts of Dharbhandora and North Goa. The training on financial literacy was imparted by Shashi Shekhar Upadhyay (Faculty) and Romil Arora (Faculty) from MDS, Lucknow, Uttar Pradesh. The key objectives of the training were to:
  1. Sensitize the volunteers and staff about the Financial Literacy.
  2. Create an understanding about savings, investment, loans, financial planning, budget and insurance.
  3. To build awareness levels about various financial services and products available in the market including banks, insurance company and government departments.
  4. Orient the volunteers and staff to the NABARD-Financial Inclusion programme.
Outline the roles and responsibilities of volunteers in the programme.

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