Sitara Social Impact Report 2023 - Results from Sitara 2023 Social Impact Measurement

With a continual rise in India’s population and the expansion of urbanisation, the housing shortage is estimated to increase to 38 million homes by 2030.¹ The influx of people in the urban areas is also driven by people living in rural communities moving to urban areas to take advantage of the work opportunities and the developed social and physical infrastructure. [...] This Sitara is addressing the housing crisis in India report presents the findings of measuring the by providing loans to informally employed social impact of Sitara in 2023, demonstrating women and their families with the objective of the impact of Sitara's work and providing securing a formal house. [...] Sitara addresses the inequalities of gender-based barriers to home ownership and access to equity, by having the loan products of Sitara led by the woman of the house and establishes housing titles in their names. [...] A co- The impact of Sitara on customers was design approach was used to determine the measured according to time in program across scope of measurement and relevant capabilities the three measurement groups: and opportunities to include in the study. [...] The SDGs are a collection of seventeen interconnected objectives with the purpose to be used as a "shared blueprint for peace and prosperity for people and the planet, now and into the future".²⁰ At the heart of the goals is sustainability, with the aim to transform our world by encouraging all to act on the interconnected environmental, social and economic aspects of sustainable development.