Sachin Kumar
Chief Executive Officer at Samavit- Claim this Profile
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Hindi -
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English -
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Bio
Credentials
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Business planning courses for rural based enterprises
FAOApr, 2023- Nov, 2024 -
Introduction to Sustainable Finance
United Nations Institute for Training and Research (UNITAR)Feb, 2023- Nov, 2024 -
Financial Inclusion: Evolution and Contemporary Challenges
Asian Development Bank InstituteApr, 2020- Nov, 2024 -
Social Auditor
National Institute of Securities Markets (NISM)Apr, 2023- Nov, 2024 -
Public Policy
Centre for Civil Society
Experience
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Samavit
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India
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Business Consulting and Services
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1 - 100 Employee
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Chief Executive Officer
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Jul 2017 - Present
1. Drive the mission along with the team. The mission statement of Samavit is "to enable institutions deliver responsible, equitable, and sustainable solutions to the un(der)served". 2. Manage the core business of the company i.e. research and develop market based solutions to enhance access, usage, quality of essential services (finance, health, energy, livelihoods) for the poor and low income segment (mainly women, youth, small holder farmers, informal sector workers, MSME) 3. Provide consultancy to the stakeholders of microfinance, digital finance, agriculture, decentralized clean energy in the areas of strategic planning, financial product development, organizational process (re)engineering, risk management, internal controls, human resources management and training. Show less
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Opportunity International EduFinance
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United Kingdom
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Non-profit Organizations
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1 - 100 Employee
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Senior Advisor - Education Finance
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Jun 2019 - Oct 2022
Improved the capacity of over 12 financial institutions (NBFC, MFI, Bank) in India and South Asia to handle education-focused finance through Opportunity’s Edufinance Technical Assistance Facility. Developed new education loan and review existing education loan product (school loan, student loan) of MFIs, identified inherent inefficiencies and risks, and supported them for more efficient product and process with/without use of technology Improved the capacity of over 12 financial institutions (NBFC, MFI, Bank) in India and South Asia to handle education-focused finance through Opportunity’s Edufinance Technical Assistance Facility. Developed new education loan and review existing education loan product (school loan, student loan) of MFIs, identified inherent inefficiencies and risks, and supported them for more efficient product and process with/without use of technology
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European Microfinance Platform (e-MFP)
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Luxembourg
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International Trade and Development
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1 - 100 Employee
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Consultant - WASH Finance
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Aug 2021 - Dec 2021
Led a team for preparing a WASH and financial inclusion handbook for social investors. The handbook includes WASH overview, WASH value chains (detailed description of value chains of safe drinking water, sanitation amenities), WASH SME, WASH market and economy, WASH financing, etc. Led a team for preparing a WASH and financial inclusion handbook for social investors. The handbook includes WASH overview, WASH value chains (detailed description of value chains of safe drinking water, sanitation amenities), WASH SME, WASH market and economy, WASH financing, etc.
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The World Bank
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United States
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International Trade and Development
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700 & Above Employee
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Digital and Agriculture Finance Specialist
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May 2019 - Jun 2021
Provided technical assistance in implementation of the plans for financing of farmer producer organizations (FPO). Assisted 25 FPOs in strengthening their systems and processes (governance, accounting, financial management, inventory management, etc.) to make them bankable and prepared to attract external capital or loan from financial institutions (e.g., bank, agriculture focused NBFC) and grant support from small farmers agri-business consortium (SFAC), NABARD and others. Provided technical assistance in implementation of the plans for financing of farmer producer organizations (FPO). Assisted 25 FPOs in strengthening their systems and processes (governance, accounting, financial management, inventory management, etc.) to make them bankable and prepared to attract external capital or loan from financial institutions (e.g., bank, agriculture focused NBFC) and grant support from small farmers agri-business consortium (SFAC), NABARD and others.
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Smart Power India
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India
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Non-profit Organization Management
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1 - 100 Employee
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Consultant
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Jul 2019 - Apr 2020
Developed micro-enterprise development (MED) framework and demand generation handbook for solar micro-grid energy service companies (e.g., TATA Power, Mlinda). Prepared MED framework and demand generation manual and training toolkit to be used by the solar micro-grid energy service companies (ESCO). Provided training to the field team of TATA Power in Bihar on solar mini-grid business model, demand assessment, new demand generation framework, etc. Developed micro-enterprise development (MED) framework and demand generation handbook for solar micro-grid energy service companies (e.g., TATA Power, Mlinda). Prepared MED framework and demand generation manual and training toolkit to be used by the solar micro-grid energy service companies (ESCO). Provided training to the field team of TATA Power in Bihar on solar mini-grid business model, demand assessment, new demand generation framework, etc.
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BASIX Consulting & Technology Services Ltd
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India
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Business Consulting and Services
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1 - 100 Employee
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Consultant - Digital Financial Education
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Feb 2018 - Dec 2019
Developed, pilot tested and rolled-out cost-effective and scalable digital delivery model of financial education for customers of microfinance institutions (MFI) under the ADB funded technical support project “strengthening financial inclusion through responsible finance practices”. Developed, pilot tested and rolled-out cost-effective and scalable digital delivery model of financial education for customers of microfinance institutions (MFI) under the ADB funded technical support project “strengthening financial inclusion through responsible finance practices”.
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Habitat for Humanity
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United States
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Non-profit Organizations
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700 & Above Employee
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Consultant - Affordable Housing Microfinance
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2016 - 2018
Conducted institutional and market assessment of MFIs for housing microfinance readiness. Developed housing microfinance product and process with MFIs based on research findings, customer preference, and institutional capabilities. Developed and delivered institutional training to MFIs for introduction or scaling up of Housing Microfinance. Conducted institutional and market assessment of MFIs for housing microfinance readiness. Developed housing microfinance product and process with MFIs based on research findings, customer preference, and institutional capabilities. Developed and delivered institutional training to MFIs for introduction or scaling up of Housing Microfinance.
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Consultant - Microfinance (Digital, Agri, DRE, Education, WASH), Livelihoods, Agriculture, DRE, WASH
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Apr 2012 - Jul 2017
As a freelance consultant, he successfully completed projects commissioned by UNDP, World Bank, MicroSave, IDFC Bank, TATA Trusts, GIZ, Centre for microFinance, Bankers Institute of Rural Development (BIRD, NABARD’s Learning Centre), Habitat for Humanity, Enclude (formerly ShoreBank International), ACCESS Development Services, Jharkhand State Livelihoods Promotion Society, Invest India Micro Pension Services. As a freelance consultant, he successfully completed projects commissioned by UNDP, World Bank, MicroSave, IDFC Bank, TATA Trusts, GIZ, Centre for microFinance, Bankers Institute of Rural Development (BIRD, NABARD’s Learning Centre), Habitat for Humanity, Enclude (formerly ShoreBank International), ACCESS Development Services, Jharkhand State Livelihoods Promotion Society, Invest India Micro Pension Services.
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ACCESS Development Services
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India
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Non-profit Organizations
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100 - 200 Employee
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Consultant
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2017 - 2017
Conducted a study to investigate and document the practices and strategies adopted by the microfinance members (those having attended FL training) in managing the cash, finance and household expenditure after the Government of India announced the demonetisation on 8 November 2016. The focus group discussion (FGD) and personal interviews with the FL trained microfinance members and the master trainers (MT) were held. The set of members having attended the FLWE training (i.e., experiment/case group) as well as the set of members not having attended the FLWE training (i.e., control group) are covered in the study to analyse if the FLWE training proved helpful for the members in coping with the effect of demonetisation. Show less
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IDFC FIRST Bank
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India
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Banking
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700 & Above Employee
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Training Consultant - Microfinance and Micro-Enterprise Finance
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Apr 2015 - Mar 2016
Designed and delivered training modules on group and micro-enterprise loan products and processes for business and risk team. Designed and delivered training modules on group and micro-enterprise loan products and processes for business and risk team.
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GIZ India
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India
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International Trade and Development
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100 - 200 Employee
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Consultant - Digital Finance
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2012 - 2015
Managed a project ‘leveraging SHG networks to perform last mile banking services under Bank-Business Correspondent (BC) model’. Reviewed existing processes for the management of basic banking services using microATM devices by the network of BC agents (SHG members) and worked with the stakeholders for removing inefficiencies in the delivery of last mile basic banking services. Designed training modules for SHG institutions, banks, regional rural banks, NGOs and delivered training to the same. Managed a project ‘leveraging SHG networks to perform last mile banking services under Bank-Business Correspondent (BC) model’. Reviewed existing processes for the management of basic banking services using microATM devices by the network of BC agents (SHG members) and worked with the stakeholders for removing inefficiencies in the delivery of last mile basic banking services. Designed training modules for SHG institutions, banks, regional rural banks, NGOs and delivered training to the same.
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ENCLUDE
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Belgium
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Environmental Services
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1 - 100 Employee
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Consultant - Domestic Remittance and Digital Finance
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Apr 2013 - Jul 2014
Conducted primary research on existing domestic remittance services offered by business correspondents in major cities (Mumbai, Delhi, Pune, Chennai, Bangalore). Developed bank transfer and process mapping for internal money remittance service of a Business Correspondent in India. Conducted primary research on existing domestic remittance services offered by business correspondents in major cities (Mumbai, Delhi, Pune, Chennai, Bangalore). Developed bank transfer and process mapping for internal money remittance service of a Business Correspondent in India.
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Arohan Financial Services Limited
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India
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Financial Services
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700 & Above Employee
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General Manager
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Mar 2011 - Apr 2012
1. Spearheaded partnership with Invest India Micro Pension Services Private Limited (IIMPS) to offer pension service to the poor households, which has led to Arohan clients availing such services 2. Authored policies and guidelines in compliance of RBI's fair practices code and unified industry code of conduct with regard to client protection and responsible lending 3. Authoured, coordinated and implemented HR policies and processes 4. Led team for managing day-to-day HR and admin functions Show less
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MSC-Enabling inclusion in the digital age
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India
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Financial Services
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200 - 300 Employee
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Senior Analyst
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Apr 2007 - Feb 2011
Led 8-10 members team for managing financial inclusion projects- mobile and agent based banking initiative and for managing knowledge resources and the major training events of MicroSave such as the Applied Microfinance Institute (AMI) Provided technical support and training to over 15 MFIs, Business Correspondents (BC) and banks in India and abroad (Afghanistan, Philippines) in developing strategic business plan, internal control system, process (re)engineering, new financial products (individual loan, savings) Developed new credit and savings products for the poor households, designed service delivery processes and internal control system for various MFIs and Banking Correspondents (BC) Designed MicroSave's Rapid Institutional Assessment tool, which is now used across the globe to conduct initial evaluation of the potential of MFIs and their needs for training/technical assistance Devised internal control and risk management system for several MFIs in India e.g. Grameen Koota, Bandhan, KGFS, Arohan, Sonata, MIMO Finance Spearheaded micro-savings project at CARD Bank in the Philippines sub-contracted by Grameen Foundation USA to MicroSave Show less
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United Nations
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International Affairs
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700 & Above Employee
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Research Associate
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Nov 2006 - Apr 2007
Managed successfully a nation wide virtual forum on microfinance Compiled and edited knowledge products provided to the microfinance community: e.g. consolidated replies to community queries; community newsletters Managed logistic and operational support for MF community events and initiatives Managed successfully a nation wide virtual forum on microfinance Compiled and edited knowledge products provided to the microfinance community: e.g. consolidated replies to community queries; community newsletters Managed logistic and operational support for MF community events and initiatives
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Dvara Holdings
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India
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Financial Services
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100 - 200 Employee
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Associate - Microfinance Strategy Unit
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Jan 2006 - Oct 2006
Provided technical support to MFIs in product design, strategic planning, business process development Provided technical support to MFIs in product design, strategic planning, business process development
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BASIX
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Financial Services
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700 & Above Employee
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Area Executive
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Apr 2003 - Dec 2005
Facilitated NGO-MFIs in strategic business planning, organizational policies (e.g. operation and HR manual), management information system, fund proposal, annual report Monitored and rated Self-Help Group, Rotating Savings and Credit Associations (ROSCAs), NGO-MFIs and CBMFIs for credit linkage Managed credit operations over 50 villages in Yavatmal district of Maharashtra Had been a resource person for trainings in-house and to external agencies on micro-finance, livelihoods and Self Help Groups. Show less
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Education
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2001 - 2003
Indian Institute of Forest Management
PGDFM, Natural Resources Management, Livelihood Finance -
2014 - 2015
Indian Institute of Banking and Finance
Diploma in Banking and Finance, Legal and regulatory aspects of banking, accounting and finance for bankers -
1997 - 2000
Satyawati College, Delhi University
Bachelor of Commerce, Business Management, Economics -
2016 - 2019
CCS (Chaudhary Charan Singh)University
Bachelor of Laws - LLB
Community
