( Under section 8) Micro Finance Company.
"Sai Shakti Mahila Technical & Development Services" Majholi (SSMTD) was propmted by Shakti Mahila Sangh Bahu-Uddeshiya Sahkari Samiti in the year 2013 as a not-for-profit Section 8 Company. SSMTD founded with the vision of social and economic development of the society through women empowerment. SSMTD started its microfinance activities in the year 2020 to extend the financial inclusion services to some of the most remote distrcts of the Central India. SSMTD carries the legacy of the success of Shakti Mahla Sangh, a wmen cooperative operation in Jabalpur division. Though SSMTD is new in microfinance activities but the promoters and the management have more than two decades of experience. Hence SSMTD could already Draw the attention of the nationalized banks like SBI and PNB as partners.
( Under section 8) Micro Finance Company
Promoting development of the economic, financial, social status of economically and socially poor, marginalized, weak and neglected sections of the society.
To promote and undertake training programs for building capabilities in communities, government functionaries, non-government organizations, SHGs.
To promote community based initiatives, especially by women, in the field of vocational or occupation.
To undertake action-demonstration projects which are able to provide viable income alternatives for the communities and vulnerable groups who have no access to regular financing channels.
To act as a facilitator in the process of socio-economic development by strengthening the hands of communities and government and to encourage the communities to increase their participation at all levels.
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( Under section 8) Micro finance Company.
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