In Madhya Pradesh Shakti Mahila Sangh (SMS) Bahu-Uddeshiya Sahkari Samiti is a well-known
MFI rendering microfinance services. But SMS has certain limitations, especially since we are confined to doing business only within a limited geography. With a vision to serve more customers in newer geographies with flexible products and services microfinance operations were started in 2020 through Sai Shakti Mahila Technical & Development Services, Majholi (SSMS) which was promoted by Shakti Mahila Sangh Bahu-Uddeshiya Sahkari Samiti in the year 2013 as a not-for-profit Section 8 Company for mostly non-profit activities. However, due to the need of the hour, we started financial inclusion portfolio under this entity.
Though this current annual report is for 2021-2022, still with great joy I would like to inform you that we have already started 5 branches and our partnership with BI and PB have already been finalized. We have availed term loans from both the nationalized banks to the tune of Rs. 5 crores each. We are expecting to close the current financial year (2022-2023 with an AUM of Rs. 15 crores. Our partnership for BC with a few clients are in pipeline.
“Our Mission is to bring together the power of collective of 200,000 underprivileged people in the rural and semi-urban areas to bring positive change their lives”
“To establish an economically & socially empowered and healthy society where women become financially independent with sustainable livelihood activities.”
Values are timeless principles that guide an organization. They set the norms of behaviour for everybody in the organization. These values are summarised as “SHAKTI” and are explained below:
SSMTD will strive to provide efficient, convenient and timely service to its members.
SSMTD will be honest in its workings and in dealing with its members and other stakeholders, as well as in terms of reporting and information management.
SSMTD will strive to achieve the highest degree of member service in workings with members.
SSMTD will strive to know the needs of members to serve them in most efficient and convenient way.
SSMTD will provide complete and accurate information to our members and external stakeholders about financial and livelihood support services.
Copyright @ 2025 Sai Shakti Mahila Technical & Development Services, Majholi
( Under section 8) Micro finance Company.
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