REVIVE ALLIANCE

A multi-intervention and multi-stakeholder livelihood accelerator facility that enables the economic recovery, resilience and growth of informal workers and microentrepreneurs.

REVIVE ALLIANCE

A multi-intervention and multi-stakeholder livelihood accelerator facility that enables the economic recovery, resilience and growth of informal workers and microentrepreneurs.

Revive in Numbers

5,50,221

People Impacted

5,93,770

Interventions Provided

INR166cr ($20M)

Funds utilized and disbursed

75

Implementation Partners

5

Anchor Funders

34

Total Number of Funders

31

States and Union Territories

Revive Alliance

    Revive in Numbers

    5,50,221

    People Impacted

    5,93,770

    Interventions Provided

    INR166cr($20M)

    Funds utilized and disbursed

    75

    Implementation Partners

    5

    Anchor Funders

    34

    Total Number of Funders

    31

    States and Union Territories

    Revive Alliance

      A Time to Revive

      The COVID-19 pandemic hit India hard, impacting millions, including artisans, farmers, street vendors, home-based workers, and micro-contractors. Around 20 million artisans lost jobs, 120 million small farmers faced crop issues, and over 10 million street vendors suffered from supply shortages and customer loss. Moreover, 116.18 million workers lost employment. The REVIVE Alliance aided their recovery and income growth.

      Revive’s Participant Profile
      1. Individuals impacted by the COVID-19 pandemic
      2. New to Income (NTI), New to Credit (NTC), New to Formal Credit (NTFC)
      3. Age group: 18 to 40 years of age
      4. 50% focus on women
      5. Income: < INR 50,000 ($604)/ month
      Revive’s Participant Profile
      1. Individuals impacted by the COVID-19 pandemic
      2. New to Income (NTI), New to Credit (NTC), New to Formal Credit (NTFC)
      3. Age group: 18 to 40 years of age
      4. 50% focus on women
      5. Income: < INR 50,000 ($604)/ month

      REVIVE’s Participant Profile

      Age group: 18 to 40 years of age

      50% focus on women

      Income: < INR 50,000 ($604)/ month

      Individuals impacted by the COVID-19 pandemic

      New to Income (NTI), New to Credit (NTC), New to Formal Credit (NTFC)

      Individuals impacted by the COVID-19 pandemic

      New to Income (NTI), New to Credit (NTC), New to Formal Credit (NTFC)

      50% focus on women

      Age group: 18 to 40 years of age

      Income: < INR 50,000 ($604)/ month

      The Revive Approach

      Over 80% of our target segment of informal workers and entrepreneurs are either NTI, NTC, or New to Formal Credit (NTFC), and hence are not deemed to be creditworthy by formal lending institutions. NBFCs consider our target segment of informal workers and micro-entrepreneurs to be “high-risk” customers, and hence they are unable to “graduate” into the formal economy.

      We aim to leverage our partner ecosystem to bridge this gap and help bring informal workers and micro-entrepreneurs, both new and existing, into the formal economy by co-creating financial inclusion and livelihood improvement programs to support NTI, NTC and NTFC segments.

      Revive Alliance

        The Graduation Approach

        Informal Economy - High risk participants with no access to formal credit

        Formal Economy

        Informal Economy - High risk participants with no access to formal credit

        Plain Grants

        Use Case
        For women who need one-time basic literacy and access support, the first step on their path to graduation


        Interventions
        Financial Literacy & Financial Inclusion

        Returnable Grants

        Use Case
        Smaller ticket size loans for upskilling and/or purchase of new tools and technology




        Interventions
        Working Capital Support, Skilling, Digitisation

        Pre-Credit Score

        Use Case
        A proxy to a formal credit rating to gauge the credit worthiness of unbanked participants based on multiple metrics


        Interventions
        Access to Finance

        Credit
        Guarantee-Backed Debt

        Use Case
        Larger loans from formal lending institutes to determine the true readiness of the participant to avail of formal loans


        Interventions
        Working Capital Support. Skilling. Digitisation

        Formal Economy

        NBFC + Bank Loans

        Use Case
        Strong credit guarantee repayment will facilitate the graduation of participants into the formal economy


        Interventions
        Access to Formal Finance

        REVIVE’s 5 Key Public Goods

        Financial Literacy
        and Inclusion

        27% of Indian adults lack financial literacy, hindering professional growth. Partnering with banks, REVIVE provides training, facilitates bank accounts, micro-savings, and investments, fostering responsible financial practices for workers and entrepreneurs
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        Unlocking Government and
        Social Security Schemes

        The government offers support for small businesses, but many owners are unaware of these schemes. We partner with CSC and Wadhwani AI to help entrepreneurs access eligible government programs efficiently.
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        Returnable Grants
        (RGs)

        The returnable grant offers zero-interest, zero-collateral loans, creating a moral obligation rather than a legal one. It supports those considered ineligible or high-risk for formal credit, aiding individual upskilling and micro-entrepreneurial growth with ticket sizes up to INR 20,000.
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        Credit Guarantee
        (CG) Facility

        Our goal is to extend credit guarantee support to partner NBFCs, reducing lending risk and enabling formal credit access for high-risk demographics. We plan to pilot a ₹500 Cr facility, scalable to ₹10,000 Cr, primarily serving informal workers and micro-entrepreneurs.
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        Pre-credit
        Score

        We're developing a pre-credit score with Indian banks, NBFCs, and credit agencies, using returnable grants and credit guarantee data. This score helps NTI/NTC/NTFC participants access formal loans effortlessly.
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        REVIVE’s 5 Key Public Goods

        Empowering Individuals. Strengthening Communities.

        Skills and
        Jobs

        REVIVE’s partnership with an ecosystem of training partners and employees help deliver a range of critical skilling programs and job opportunities

        Improved Social
        Security

        REVIVE enables easy and affordable access to government schemes and social protection to build resilience

        Enterprise Development and Market Linkages

        REVIVE works with entrepreneurs to increase knowledge optimize business operations and connect for market linkages

        Financial Services for Inclusion

        REVIVE uses inclusive financial instruments such as returnable grants (RGs) and credit guarantees, to provides access to timely and affordable capital that are aligned to an individual’s need

        Digital Empowerment

        REVIVE provides all participants with relevant digital literacy to equip job seekers and entrepreneurs with digital skills, tools and networks to adapt and navigate change

        Skills and
        Jobs

        REVIVE’s partnership with an ecosystem of training partners and employees help deliver a range of critical skilling programs and job opportunities

        Improved Social
        Security

        REVIVE enables easy and affordable access to government schemes and social protection to build resilience

        Enterprise Development and Market Linkages

        REVIVE works with entrepreneurs to increase knowledge optimize business operations and connect for market linkages

        Financial Services for Inclusion

        REVIVE uses inclusive financial instruments such as returnable grants (RGs) and credit guarantees, to provides access to timely and affordable capital that are aligned to an individual’s need

        Digital Empowerment

        REVIVE provides all participants with relevant digital literacy to equip job seekers and entrepreneurs with digital skills, tools and networks to adapt and navigate change

        What our partners have to say

        What Our Partners Have to Say

        Revive Partners

        Latest News and Updates