Over 40% of the population of India belongs to the economically poor/ weaker sections of society and a large majority of this number live in urban slums. The more marginalized among these hold menial jobs, working as coolie laborers, vegetable vendors or domestic workers. Theirs is a hand-to-mouth existence, with the household managed in large part by the women. With large families and/or high incidence of alcoholism among their menfolk, the women often resort to borrowing from moneylenders at heavy interest rates (interest upto Rs.20 for every Rs.100 lent). Banks are unwilling to lend money to the poor and even pawnbrokers demand security. Though the government has made financial inclusion a priority agenda, accessible savings systems and credit facilities are still very much out of reach of the poor, particularly in slum communities.