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 Background
SAMRUDHI Micro Fin Society (SAMRUDHI) is a not for profit organisation registered under the Karnataka Societies Registration Act, 1960.The rationale behind registering SAMRUDHI as a society is to support socio-economic developmental activities of rural & urban poor. SAMRUDHI has initiated its activities with livelihood based financial services to the poor women. SAMRUDHI plans to scale-up its operations to reach 200,000 poor families by 2013. The long-term vision of SAMRUDHI is to cover at least 50 poorest districts of India.
Mission
“SAMRUDHI's mission is to empower the poor and underprivileged to become economically self-reliant by providing cost effective and need based financial services in a financially sustainable manner”
Vision
“SAMRUDHI's vision is to provide financial services to 200,000 poor households in India by 2013 and to become most preferred developmental & livelihood service provider.”
Key Objectives
- To organize rural poor, Dalits, tribal women and underprivileged groups for their development and empowerment through community participation and to create opportunities for socially disadvantaged, distressed and economically poor to get livelihood support.
- To offer cost-effective livelihood based financial services to the rural and urban poor households.
- To become most preferred livelihood opportunity provider in the operational area by establishing SAMRUDHI Micro Fin Society as a highly professional & suitable service organization.
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