IDFC Foundation, the Corporate Social Responsibility (CSR) arm of IDFC Group, said it has partnered Vasudhara Dairy to bring financial inclusion to over 1,000 unbanked villages in the tribal districts of Gujarat and Maharashtra, using financial inclusion devices or interoperable micro-ATMs.
“The biggest issue faced by dairy farmers today is the access to their own funds as the nearest bank branch or ATM is located several kilometres away. Vasudhara Dairy has sought to address this pain point by joining hands with IDFC Foundation and IDFC Bank,” said the Foundation in a statement.