Arohan Financial Services Limited | Annual Report 2021-22

COVID-19 Relief With the start of the FY2020-21, one of Arohan’s major thematic scope was to provide COVID-19 relief related measures. Continuing its efforts in FY2021-22, Arohan distributed 5 lakh masks to beneficiaries with an objective of providing them with continued protection against COVID-19. The project was initiated through the Aavishkaar Foundation. Arohan contributed INR 10.65 Lakh from its Corporate Social Responsibility fund long with an additional employee contribution of INR 34.71 Lakh and partner contribution of INR 15 Lakh. Bywayof social initiatives,Arohanhas impacted approximately 5.92 Lakh beneficiaries, as a part of its COVID-19 relief initiatives. Disaster Relief Arohan has always protected the wellbeing and interest of beneficiaries, especially in times of need. Natural calamities like flood and cyclones are common in its areas of operations. Arohan and its employees make extra effort to support beneficiaries during such instances. Till date, Arohan has provided disaster relief materials to over 49,000 beneficiaries during times of floods and cyclones. In FY2021-22, Arohan distributed dry ration kits and hygiene kits to approximately 4,890 beneficiaries in areas most affected due to Cyclone Yaas in West Bengal and parts of the North East. Carbon Trading Arohan trades in carbon through its Clean Energy Programme, which not only helps provide clean energy credit loans to its customers but also reduces carbon footprint. Arohan has collaborated with MicroEnergy Credits for this programme through which a total of 67, 363 tonnes of CO 2 Certified Emission Reductions (CER) have been issued as on March 2022. Social Initiatives Women Empowerment & Education Wellbeing of women and their education is the premise of progress in every society. Arohan focuses on empowerment of women through Scholarship programmes, Skill Building programmes, Model Anganwadis, building of school enterprises, STEM Learning and E-Learning. As of March 31, 2022, Arohan has benefitted approximately 44,000 beneficiaries. Educational aid in the form of free school bags were distributed to 4,150 students of Government Schools. Skill Trainings was provided to 1,350 youths, 60% of whom got placements and are successfully earning their own livelihoods. Entrepreneurship trainings were provided to 200 women in Odisha. 365 girl students have been awarded Scholarship for further studies, as of March 31, 2022. Additionally, Arohan has also helpedbuilda librarywithcomputer facilities in a government school which benefitted ~3000 students. Two Anganwadis have been successfully adopted in Jharkhand and Bihar benefitting ~ 13,951 students, women and adolescents through different programmes and community intervention programmes. Pitch It – This is a focused sustainable project for children on building school enterprises and supporting the most innovative projects. A total of 101 children andtheir ideaswereshortlistedandfinalised, out of which Arohan funded 33 projects. In its relentless pursuit of education for the girl child, Arohan partnered with Samabhavana NGO, a Child development- 90 Annual Report | 2021-2022