Shram Sarathi

Provides financial services to the communities dependant on migratory labour to enable increase in income, manage finances and reduce the cost of migration

  • Bronze Certified 2023
  • FCRA
  • 80G
  • 12A
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About

  • Headquarters

    Udaipur, Rajasthan

  • Since

    2007

Shram Sarathi was founded under support from the Ajeevika Bureau, to provide finances and migration services to the rural and semi-rural population in Read morevolved in businesses such as construction, manufacturing, hospitality and domestic work generally regarded as an unorganised sector. It provides financial assistance to migrant labour populations who are considered unsuitable for such schemes due to their unstable nature of residence and marginalised backgrounds. Loans are provided to the family left behind by the worker to complete their home set-ups, soft-loans and health services are also provided through partnerships with other organisations. Term life pensions, contributory old age pensions, savings programmes and facilitation of opening savings bank accounts, direct payment of wages into digital accounts and financial information including the calculation of wages are also some of the areas that the organisation works on. Shram Sarathi is helping families left behind by migrant workers live a better life through thoughtful and transparent financial schemes which do not fleece the poor as in the case of money lenders and contractors. It encourages financial empowerment, growth in income and assets, diversifying into alternative sources of income by adopting entrepreneurship in the migrant population enabling access to important resources like education, healthcare and nutrition. It is active in the tribal regions of Rajasthan and urban pockets of Gujarat and Maharashtra and reaches over 50,000 migrant families in the region.

Programs

  • Financial Inclusion of Seasonal Migrant Workers

    Shram Sarathi extends a comprehensive range of financial services designed to cater to the distinctive needs of seasonal migrant communities. These services are made accessible through innovative channels, strategically positioned in both rural and urban areas with a substantial population of mobile workers. The services encompass:
    • Affordable Loans: Tailored to support income diversification, cash flow management, agricultural enhancements, food security, and asset acquisition.
    • Returnable Grants for emergency situations.
    • Returnable Grants for enterprise promotion.
    • Term life insurance.
    • Contributory old age pensions.
    • Financial fraud mediation & intervention.
    • Micro-Investment Program: Fostering a savings culture.
    • Over-Indebtedness Counseling: Assisting vulnerable migrant communities in breaking free from the cycle of debt.
    • Financial and Digital Literacy Clinic: An on-field model that provides diverse financial services to empower the community.

Leadership Team

  • Ajay Kumar Sharma

    Chief Executive Officer

  • Rajmal Kulmi

    Manager (Financial Inclusion)

  • Manish Kumar Tiwari

    General Manager (Accounts & Finance)

  • Rupal Kulkarni

    Mentor & Advisor

  • Neha Pandey

    Research & Communications Manager

Demographics & Structure

  • No. of Employees

    21-50

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • PAN Card

    AADCR7267C

  • 12A

    AADCR7267CE2011401

  • 80G

    AADCR7267CF20211

  • FCRA

    125690109

  • CSR Registration Number

    Not Available

Location

  • Headquarters

    39, Krishna Colony, Behind CASA Training Centre, Bedla Road, Udaipur, 313001

    Directions
  • Offices in Cities

Other Details

  • Type & Sub Type

    Non-profit
    Section 8 (formerly Section 25)

Financial Details

 Income / Expenses
  • 2018-19

    Income
    Rs.23,376,024
    Expenses
    Rs.21,716,867
    Admin Expenses
    Rs.9,537,267
    Program Expenses
    Rs.12,179,600
    Tip: Click on any value above to exclude it.
  • 2019-20

    Income
    Rs.35,367,800
    Expenses
    Rs.27,149,483
    Admin Expenses
    Rs.15,922,279
    Program Expenses
    Rs.11,227,204
    Tip: Click on any value above to exclude it.
  • 2020-21

    Income
    Rs.33,055,024
    Expenses
    Rs.31,662,097
    Admin Expenses
    Rs.16,209,541
    Program Expenses
    Rs.15,452,556
    Tip: Click on any value above to exclude it.