Sukham Micro Finance plays a crucial role in utilizing microfinance as a transformative tool for poverty alleviation and economic empowerment. We are dedicated to uplifting rural women entrepreneurs by providing customized financial solutions that drive business growth and long-term sustainability. Through a holistic approach, we offer a wide range of financial and non-financial services, enabling them to expand their micro-enterprises and improve their overall quality of life.
At Sukham Micro Finance, we are dedicated to empowering women entrepreneurs through customized financial solutions and inclusive microcredit programs.
Our mission is to create an enabling environment where women-led enterprises can thrive, contributing to both economic growth and community development. By offering specialized financial services, our approach not only fosters economic independence but also promotes sustainable progress, ensuring that women play a pivotal role in driving financial inclusion. Through our unwavering support, we strive to turn aspirations into achievements, building a legacy of empowered, self-reliant, and thriving communities.
Sukham Micro Finance follows the ‘Grameen Model,’ utilizing Joint Liability Groups (JLGs) of 3-7 women to foster mutual support and ensure timely loan repayments. With a technology-driven approach, we streamline operations and enhance monitoring, empowering women borrowers to manage their finances responsibly.
Guided by Centre Officers, JLGs rely on peer support and social bonds to maintain credit discipline, enabling secure and risk-free lending. Our collateral-free model, focused on women’s financial inclusion, promotes economic empowerment and community development, setting new standards for impact and efficiency in India’s microfinance sector.
Sukham Micro Finance offers unsecured individual loans to its existing and new microfinance borrowers, helping them meet their financial needs for working capital, inventory replenishment, business expansion, dairy farming, and other growth-oriented initiatives. Borrowers must have a stable cash flow to ensure timely repayment, enabling them to achieve financial stability and business success.
Surveying villages and local areas to identify eligible rural women who can benefit from financial support.
Our field officers create customer groups of 5-10 women to ensure collective financial support.
We conduct financial literacy sessions to empower customers with essential money management skills.
Conducting a thorough application process to identify and shortlist eligible customers.
Providing funds to help customers grow and sustain their businesses.
After disbursement, we implement a strong monitoring system to provide timely support and ensure smooth EMI collection.