Poverty Alleviation Initiative

The Vattikuti Foundation  has been committed to improving the socio-economic dynamics of India’s ultra-poor since 2009. Our research shows that many people living in the more remote rural regions have no productive assets, and face a continued struggle to ensure food security, adequate healthcare and a multitude of interrelated livelihood issues. We have developed novel initiatives to help guide these individuals (and their families) to self-sufficiency and to connect them economically to the mainstream markets.

Our poverty relief program is currently active in the Karnataka and Assam regions.  The primary focus is on the livestock, dairy, weaving, and tailoring micro businesses. We provide livelihood support and teach them about how to obtain financial credit on their own, generating a culture of sustainable responsibility.  

Impact:

The Foundation has succeeded in lifting 30,611 households, with 122,444 people out of poverty.  By leveraging technology, we anticipate that we could cut down the cost of  this program from $86/ rural household to $7-10/household.

States:

Karnataka.

Assam.

Total

Districts covered.

4

3

7

Population

445,220

235,000

680,295

No. of HH.     

101,220

58,917

160,137

HH. Targeted.

42,000

24,000

66,000

HH. Credit linked

6637

5914

12,551

HH. Out of poverty.

3983 (60%)

2360 (40%)

6343 (51%)

The Way Forward:

Following overall setbacks which occurred during the Covid-19 Pandemic, we plan to focus on all-weather sustainable livelihoods within specific geographies; leveraging technology and with a hands-on approach.  The Foundation plans to team with a select group of NGOs with outstanding social entrepreneurship track records to help us accomplish this mission.