By Priya Naik
November 2, 2020
Read Time: 6 mins
The most vital factor to contain the destruction created by Covid-19 is to empower the ones dispossessed and at risk. To restore the livelihoods lost during the pandemic, we have partnered with USAID, MSDF and Omidyar Network India to launch a $6.85 million blended finance facility called REVIVE.
REVIVE will provide accessible and affordable capital in the form of grants, returnable grants and loans to previously employed or self-employed workers and at-risk nano and micro enterprises to either restart and sustain their work or find alternative business opportunities.
With REVIVE we are expecting to support 100,000 workers and enterprises with a preference given to youth and women.
I’m glad to inform you that REVIVE has already received support from corporates such as Arvind Limited, Godrej Consumer Products Limited and foundation like Brihati Foundation powered by Claris.
I would like to invite you to be a part of our goal to bring people back to a road to recovery and reignite the economy.