|"Hey Powerful One, who in a matter of minutes, moments, even microcosms of time, brings about change."
Parinaam was conceived in 2006, to care for the education and healthcare needs of urban and semi-urban poor. The needs of the urban poor are very different from their counterparts in rural areas: The urban poor live in very confined, squalid hutments; the cost of the services they require is more expensive; they fear much more about their personal safety and they are surrounded by a society which is affluent with a variety of goods and services which they could never access. Their attitudes and aspirations, therefore, are very different from those living in rural areas.
We have a strategic partnership with Ujjivan Financial Services, a Microfinance Institution, which is one of the most respected microfinance institutions in the world. In December 2011 Ujjivan was awarded the "Microfinance Organization of the Year" at the Microfinance India Summit. Ujjivan and Parinaam are working together to address poverty in a holistic manner. The founders of Ujjivan and Parinaam realized that unless a complete package of supporting initiatives was provided to disadvantaged women and their families, the hope that they would be able to manage their poverty and, some day, rise above it, was an unlikely dream. Parinaam Foundation was founded as an independent partner and registered under Section 25 of the Companies Act, 1956 as a not-for-profit organization with tax exemptions and 80G certification.
Recognizing that financial support alone cannot help the poor and that poverty manifests itself in various forms, Parinaam provides critical 'social' support to urban and semi-urban poor families. We provide services in the areas of healthcare, education, livelihood and community development initiatives. Our programs in livelihood, education (including financial literacy) and healthcare target the customers of Ujjivan, while our Urban Ultra Poor Program (UUPP) targets non-Ujjivan customers, namely the people identified as the "Ultra Poor" (lack of basic amenities, food insecurity, high levels of debt are just some of the characteristics of this destitute section of society).
Parinaam operates in 24 states. Our head office is in Bangalore, and we have regional offices/ coordinators in Pune, New Delhi and Kolkata.
Urban Ultra Poor Program
The Parinaam Urban Ultra Poor Program aims at tackling generational and familial poverty rather than providing isolated individual female support, as do most ultra poor programs. The intensive program covers four critical components delivered over a period of 12 months. Monitoring of the families will continue for an additional 12 months on a "as needs" basis. The ultimate goal with the program is to make its participants stable and earning a steady income so they are eligible for microfinance.
Parinaam runs Health Camps and Medical Intervention programs for Ujjivan's Customers and their families to help them have access to quality healthcare facilities at affordable rates.
Diksha Financial Literacy Program
Financial Literacy of the economically underprivileged is the first step towards ensuring financial inclusion within India. Ujjivan Financial Services along with its sister concern Parinaam Foundation is striving towards financial inclusion of its customers across India with a variety of programs like screening ofSankalp (a short documentary film created by Ujjivan to educate the customers of Microfinance companies on the consequences of over borrowing, ghost lending and on the importance of Credit bureau) and Diksha Financial Literacy Program created by Parinaam Foundation our sister concern
Higher Education Scholarship Programs
Ujjivan provides Higher education loans to its customers and family members but many of the customers do not match up with the criteria to get a higher ticket education loan, neither is it easy to get loans from the Banks. Hence the Customers are either forced to take high interest loans from the moneylender or other sources to educate their children or just dropout of education. To fill this gap between the poor and the access to Higher Education, Parinaam runs Higher Education Scholarship program.
A brief note on the founder:
Elaine passed away in Mumbai after a brief period of illness on 28th November 2013. She was the Founder and CEO of Parinaam Foundation, Ujjivan's sister organization and provided our founder, Samit, total support and strength from the time Ujjivan was conceived to where it is today. She would tell our customers that Parinaam was their mother and Ujjivan the father - her actions said so, and with this approach built tremendous personal rapport with our customers and their children.