Sanghamithra Rural Financial Services
Provides need-based credit and financial services to self-help groups, promoting women empowerment and poverty alleviation with transparency and regulatory compliance
- Bronze Certified 2023
Cause Area
Primary Sectors
Secondary Sectors
Financials
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2020
Total IncomeRs.357,532,852Total ExpensesRs.285,554,457Non Program ExpensesRs.71,476,195Program ExpensesRs.214,078,262Tip: Click on any value above to exclude it. -
2021
Total IncomeRs.372,883,000Total ExpensesRs.268,900,000Non Program ExpensesRs.59,883,000Program ExpensesRs.209,017,000Tip: Click on any value above to exclude it. -
2022
Total IncomeRs.325,104,000Total ExpensesRs.269,833,000Non Program ExpensesRs.66,727,000Program ExpensesRs.203,106,000Tip: Click on any value above to exclude it.
Geographies Served
Programs
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Lending Programme
State
District
Mysore
Bangalore Rural
Davangere
Gulbarga
Latur
Erode
States
Karnataka
Tamil Nadu
Maharashtra
Sanghamithra Rural Financial Services (SRFS) offers various loan products to cater to the needs of different groups and individuals in rural areas. Under the SHG vertical, it provides General Purpose Loans to women's self-help groups (SHGs) with a minimum of 10 members. In the JLG vertical, SRFS offers General Purpose Loans to women who undergo a 3-day training programme and form homogeneous Joint Liability Groups (JLGs) with 5 to 10 members. SRFS also provides specialized loans such as Water and Sanitation loans for constructing toilets, water filters, and other related purposes. Additionally, there are loans for specially-abled persons, house construction and renovation, continuing education, solar lighting, loans to Farmer Producer Organizations (FPOs), and small entrepreneur loans. Each loan product has specific eligibility criteria, loan amounts, tenures, and interest rates, with a focus on supporting rural development and empowerment.
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CSR Programme
State District
Mysore
Bangalore Rural
Davangere
Gulbarga
Latur
Erode
States
Karnataka
Tamil Nadu
Maharashtra
Certain projects have been identified for corporate social responsibility (CSR) spending. These projects include initiatives such as eliminating hunger, promoting preventive healthcare, improving hygiene and sanitation, ensuring access to safe drinking water, implementing rural development projects, providing educational fee assistance to children of SHG members, supporting social empowerment programmes, and offering assistance to educational institutions.
Impact Metrics
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Groups Linked
Year-wise Metrics- 2017-18 7718
- 2018-19 7967
- 2019-20 6372
- 2020-21 6056
- 2021-22 5150
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No. of Loans Sanctioned
Program Name
WASH programme
Year-wise Metrics- 2019-20 13065
- 2020-21 13855
- 2021-22 4426
Registration Details
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CSR Form 1
Not Available
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FCRA
Not Available
About
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Headquarters
Bangalore, Karnataka
Impact
Sanghamithra Rural Financial Services has helped 75964 groups with financial assistance covering more than 2000 villages.
Vision and Mission
Sanghamithra envisions an institutional structure that supports a sustainable financial ecosystem where self-help groups gain confidence and skills to access credit at competitive terms and overcome hurdles to equal opportunities and sustained growth.
Political & Religious Declarations
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Political Affiliation
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Religious Affiliation
Location
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Headquarters
612, 1C Main Rd, Defence Colony,Domlur Layout, Bengaluru, Karnataka 560071
Directions, Bangalore, Karnataka -
Offices in Cities
Other Details
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Type
Non-profit
Website
Technology Adoption
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SOC 2 Compliant
No
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Financial Management
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Beneficiary Management