Our
Current Supporters
The
State Bank of Hyderabad
has extended its support to the society
to extend its activities by way of financial
assistance since 1997 for the purpose of
on-lending to the members. In 1997 it has
provided Cash Credit support with a limit
of Rs. 8.00 Lakhs. In 1998 the bank has
also provided its support through ATL( Agriculture
Term Loan) to a tune of Rs. 27.19 Lakhs
for a period of 3 years to be repaid in
18 bi-monthly installments. In 2001-02 the
bank has further extended another credit
limit of Rs. 33.14 lakhs, and in 2002-03
the SBH has released another loan of Rs.
32.00 lakhs. From this support so far 3500
beneficiaries have been extended financial
Assistance for uplifting their lives. In
2003-04 the SBH has provide Rs. 53.00 Lakhs
and it has also sanctioned Rs. 85.25 Lakhs
for the in year 2004-05.
The
Small Industries Development Bank
of India ( SIDBI) has also come
forward and provided a loan of Rs. 15.00
lakhs and capacity building grant of Rs.
4.60 lakhs in 2001-02 FY. Currently it has
again sanctioned and released a loan of
Rs. 45.00 lakhs. In the Fy 2003-04 the SIDBi
has sanctioned and released Rs. 80.0 lakhs
and a flexi grant of Rs. 7.00 lakhs for
the capacity building of the society. In
FY 2005-06 It has provided Rs. 200.00 lakhs
loan and In Fy 2006-07 it has Provided Rs.500.00
lakhs loan and another Rs. 50.00 lakhs as
long term soft Loan(CSFT) in addition to
this it has released a grant of Rs. 16.7
lakhs and Rs.25.00 lakhs for capacity building.
BASIX,
a non banking financial Institute based
at Hyderabad has also extended a loan of
Rs. 10.00 lakhs and Rs. 5.00 lakhs in the
year 2000-01 for the microfinance services.
Now there is no outstanding loan to the
BASIX.
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