For More Details SKS Micro Finance
Microfinance as an effective tool to address issues of poverty, financial inclusion and development has caught the imagination of NGOs, Governments and mainstream financial institutions. Despite honest intent and sincere efforts, we are not able to meet the credit needs of the poor to empower them to find a way out of poverty.
SKS Microfinance believes that a for-profit approach to microfinance could make the sector more effective. It has therefore created a commercial model of microfinance which has access to enough capital, is scalable and can control costs by using technology. This approach has helped SKS become India’s largest and the world’s fastest growing microfinance institution.
Our Approach
Spandana Micro Finance In Mulbagal
For More details Spandana Micro Finance
Spandana was formed in 1997 by Padmaja Reddy and a few close peers who believed that there could exist simple, yet democratic and powerful systems that would enable the poor to harness their naturally entrepreneurial spirit.
The transformation of Spandana over the last decade from an NGO raising its own funds and giving loans to the poor to India's largest micro finance institution that has support from most mainstream institutional lenders, is unprecedented. With ambitions of being the foremost service provider for its clients, it is uniquely poised with an operational efficiency and a customer understanding that has become the benchmark in this sector.
FFSL Micro Finance In Mulbagal
For More Details for Future Financial Services Ltd.,
Future Financial Servicess Ltd., (FFSL) is an NBFC, promoted by Mr. Sri Dasaratha Reddy, founder of Action for Community Services (ACTS) and Acts Mahila Mutually Aided Cooperative Thrift Society (AMMACTS). FFSL has started its microfinance activities in 2007.
ACTS is established in 1985, and working for social welfare and developmental (non microfinance) activities for weaker sections in VKota (a small town in Chittoor district of Andhra Pradesh) and it’s surrounding areas.
AMMACTS is established in 1998 under Mutually Aided Co-operative Societies Act. It collects savings from the members and extends loans to them in and around VKota.
VISION:A society based on equity and social justice, where women are active financial partners in holistic development that gives women voice, economic power and visibility within the household and the community.
MISSION:
Our mission is to service low-income clients-women, men and their families, providing them access to financial services that are client focussed, designed to enhance their well-being and delivered in a manner that is ethical, transparent, and cost effective
BSS Micro Finance In Mulbagal
For More Details BSS Micro Finance
BSS Microfinance works on the basic model of Grameen Bank, Bangladesh (popularlyProf. Mohammed Yunus known as “Grameen Model”) with suitable local modifications. The Grameen Model is working successfully from last 30 years in as many as 25 countries and it has been hugely successful in many countries like Bangladesh, Pakistan, Indonesia, India, etc. Grameen Bank Bangladesh and Prof. Mohammed Yunus, Managing Director of Grameen Bank received Nobel Prize for Peace in 2006.
Five women with consent from their family members who know each other come together and form a small group and group of these small groups is called as Center.
Some of the other micro finance services in Mulbagal
ROARS MICRO FINANCE IN MULBAGAL
PRAKRUTHI MICRO FINANCE IN MULBAGAL
MYRADA MICRO FINANCE AND NGO IN MULBAGAL
