Sthree Nidhi

Introduction

Sthree Nidhi Credit Cooperative Federation, which was set up for women self-help groups (SHGs) a year ago as an alternative low-cost delivery solution to the private microfinance lending in Andhra Pradesh, is planning to expand its credit portfolio to Rs 1,500 crore in the current financial year. To achieve this target, the fledgling organization would …

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Staffing Pattern

Sl. No. Department Name of the post  No. of post Sanctioned No of posts filled No of posts vacant   Sthreenidhi APM /DPM (Sthreenidhi) 0         l

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Directory

Sl. No.  Name Designation Contact Number   STD Code Office Number Fax Cell No. Email Id M.Nagarjuna Rao APM (BL) & I/C APM (Sthreenidhi) 08743 234853 9704789722 apmblbcm@gmail.com

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Targets (2012-13)

Sl. No. Item / Subject Target Target date for completion Phy. Fin.( Rs. In Crores) SHG Bank Linkage (2012-13) 3552 Members 8.38 Crores SHG Bank Linkage (2013-14)  4404 Members 17.75 Crores 31-03-2014

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Achievements (2012-13)

Sl. No. Item / Subject Target Date of completion Phy. Fin. SHG Bank Linkage (2012-13) 3552 Members 8.38 Crores 31st March 2013

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Existing Schemes & Programs

Department Name of the Scheme / Programme Description Eligibility How to apply Sanctioning authority SHG Bank Linkage Interest Subvention (Vaddi LeniRunalu)     No need to apply, through data sharing by all major banks Sthreenidhi Credit Cooperative Federation Limited, Hyderabad.

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Challenges

   over dues  are very high in the agency area, to reduce the NPAs thisAgency has utilizing all social capital resources like Bank Linkage sub- committees, Community Based Recovery Mechanism (CBRM) committees and also Internal Community Resource Person (CRPs). Lack of Financial Literacy :-  the SHG members ( women) in agency area are illiterates, even …

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