credit cooperative Federation Ltd., is promoted by the Government and the MandalSamkahyas
to supplement credit flow from banking sector and is a flagship programme of the
Government. SthreeNidhi provides timely and affordable credit to the poor SHG members
as a part of the overall strategy of SERP for poverty alleviation.
comfortable to access hassle free credit from SthreeNidhi as and when required using
their mobile and therefore do not see any need to borrow from other sources at usurious
rates of interest. SthreeNidhi is in a position to extend credit to the SHGs even
in far flung areas of the state in 48 hours to meet credit needs for exigencies
like health, education and other income generation needs like agriculture, dairy
and other activities. As credit availability is linked to grading of MS and VOs,
community is keen to improve functioning of the same to access higher amount of
credit limits from SthreeNidhi.