CSR Policy

Introduction

Oleevia Grameen Credits Private Limited (OGCL) is committed to making a positive contribution to society and the environment through its corporate social responsibility (CSR) initiatives. The company recognizes the need to support the farmers by providing micro-lending for affordable rates, in accordance with Indian laws.

Objectives

The prime objective of OGCL’s CSR policy is to support the underprivileged categories of society by providing easy and affordable credit lines to Farmers, and Small & Medium Business classes. The company aims to promote traditional farming methodologies and encourage self-sufficiency in these activities.

Focus Areas

OGCL’s CSR initiatives will focus on the following areas:

• • Providing affordable credit lines to underprivileged categories of society for their various activities, including agriculture, animal husbandry, and small businesses.

• • Supporting traditional farming methodologies and encouraging sustainable agriculture practices.

• • Providing financial literacy and education to the underprivileged category of society to help them make informed financial decisions.

• • Supporting education, healthcare, and skill development programs in rural areas.

• • Promoting environmental sustainability by supporting conservation and sustainable development initiatives.

Governance

OGCL’s CSR initiatives will be governed by a CSR Committee comprising senior management personnel and independent directors. The committee will oversee the implementation and monitoring of the company’s CSR activities and ensure compliance with Indian laws.

Budget

OGCL will allocate a budget for its CSR initiatives annually, in accordance with Indian laws.

Implementation

OGCL’s CSR initiatives will be implemented through partnerships with NGOs, government agencies, and other relevant organizations. The company will ensure that its CSR activities are aligned with its business strategy and values.

Reporting

OGCL will report its CSR activities annually in accordance with Indian laws. The report will include details of the company’s CSR initiatives, budget, and impact assessment.

Conclusion

OGCL is committed to contributing to society and the environment through its CSR initiatives. The company recognizes its responsibility towards the underprivileged categories of society and will work towards making a positive impact in their lives.