Micro Credit Foundation, Gramasudar

Micro Credit Foundation, Gramasudar Micro Credit Foundation (MCF) is a Public Charitable Trust started in 1998, to work towards poverty eradication. Gramasudar – Chittepalayam).

MCF serves the people (though the program called "Gramasudar"), who are unable to access credit through the traditional banking system. GRAMASUDAR
Banking with rural women

Micro Credit Foundation (MCF) is a Public Charitable Trust started in 1998, to work towards poverty eradication. The micro credit program run by MCF is called “Gramasudar”. MCF promotes Sanghams (micro credit groups) in rura

l villages in the name “Gramasudar”. Each Sangham is typically named “Gramasudar - village name” (E.g. Rural women living below poverty line are organised into such Sanghams. Training is provided to inculcate unity and discipline. Savings is compulsory for the members of Gramasudar. Each Sangham would avail Term loans from banks / Institutions and lend among its members for income generation purposes. The members contribute to their savings account in their weekly meeting. The amount saved varies from Rs20 to Rs50 per member per week. The savings habit imbibes the habit of thrift and also serves as the margin required by the bank for providing term loans. In the initial year of the group, the members take loan only from the accumulated savings. After one year, bank offers loan to the groups. Gramasudar has a vision to reach 10,000 members in 20 years. First branch in Irumbarai village started in 1998. Second branch in Vadavalli started in 2005. Third branch in Venkitapuram started in 2009.

அனைவருக்கும் மகளிர் நாள் வாழ்த்துகள்
09/03/2026

அனைவருக்கும் மகளிர் நாள் வாழ்த்துகள்

Poverty Vs Micro Credit
22/04/2024

Poverty Vs Micro Credit

கிராமச்சுடர் உறுப்பினர்களுடன் சமூக நீதி, பெண் உரிமை, அனைவருக்குமான முன்னேற்றம் பற்றி 16.4.24 அன்று விழிப்புணர்வு மற்றும...
17/04/2024

கிராமச்சுடர் உறுப்பினர்களுடன் சமூக நீதி, பெண் உரிமை, அனைவருக்குமான முன்னேற்றம் பற்றி 16.4.24 அன்று விழிப்புணர்வு மற்றும் கலந்துரையாடல் நடைபெற்றது. திரு க.சு நாகராஜன் கலந்து கொண்டு கருத்துரை வழங்கினார். மைக்ரோ கிரெடிட் பவுண்டேசன் அறங்காவலர் திரு தேவப்பிரகாஷ், திட்ட தலைவர் திரு நாகராஜன் மற்றும் நிர்வாகிகள் கலந்து கொண்டனர்.

ந.மணிசுந்தர்
நிறுவனர்
மைக்ரோ கிரெடிட் பவுண்டேசன்

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Irumbarai
Coimbatore

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GRAMASUDAR Banking with rural women Micro Credit Foundation (MCF) is a Public Charitable Trust started in 1998, to work towards poverty eradication. The micro credit program run by MCF is called “Gramasudar”. MCF promotes Sanghams (micro credit groups) in rural villages in the name “Gramasudar”. Each Sangham is typically named “Gramasudar - village name” (E.g. Gramasudar – Chittepalayam). Rural women living below poverty line are organised into such Sanghams. Training is provided to inculcate unity and discipline. Savings is compulsory for the members of Gramasudar. Each Sangham would avail Term loans from banks / Institutions and lend among its members for income generation purposes. The members contribute to their savings account in their weekly meeting. The amount saved varies from Rs20 to Rs50 per member per week. The savings habit imbibes the habit of thrift and also serves as the margin required by the bank for providing term loans. In the initial year of the group, the members take loan only from the accumulated savings. After one year, bank offers loan to the groups. Gramasudar has a vision to reach 10,000 members in 20 years. First branch in Irumbarai village started in 1998. Second branch in Vadavalli started in 2005. Third branch in Venkitapuram started in 2009.