Equitas Small Finance Bank rehabilitates 1300 pavement dwellers in Chennai

CHENNAI: Equitas Small Finance Bank, the first private sector bank from Tamil Nadu post-Independence organized an event to celebrate its successful rehabilitation of 1300 families from pavement across Chennai.

Equitas Bird’s Nest is the initiative for rehabilitating pavement dwellers in Chennai, through this program, EDIT provides housing, food security, healthcare, livelihood skill development, and supplemental education to ultra poor families.

Since its launch Equitas Bird’s Nest has rehabilitated 1300 families residing in the pavements of Chennai, to mark this occasion, an event was organized to celebrate this achievement with the beneficiaries at Sree Shanthivijai Jain College for Women, Vepery.

S. Krishnan, I.A.S., Principal Secretary to Tamil Nadu Government, Housing and Urban Development Department, Shambu Kallolikar, I.A.S., Principal Secretary/MD Tamil Nadu Slum Clearance Board and Dr. C.K. Gariyalli I.A.S. Retd. former Secretary to Governor presided the event.

Equitas Pavement dwellers rehabilitation program is part of Equitas Development Initiatives Trust (EDIT) that addresses a larger spectrum of requirements of low-income self-help group (SHG) members including schools for SHG members’ children and skill development training classes to its SHG members.

The mission statement of Equitas is to improve quality of life by increasing total household asset value of those who are not effectively serviced by the formal financial sector by providing transparent and trustworthy access to financial and other relevant products and services by deploying cutting edge technology  and forming partnerships and alliances.

Also Read: CSR : Equitas Group commits contributing 5% of its annual profits to its Trust