Objectives

Objectives

The main objective of the company is to assist the poor women for their upliftment, promoting entrepreneurship and providing micro credit/ finance in different loan cycle at reasonable rates of interest.

functions of Repco Micro Finance

  • Group Formation:
    • To conduct baseline survey to assess the level of poverty, social issues and identify households (target groups)
    • To arrange preliminary meeting of members and assisting them to form SHGs.
    • Imparting training and assisting them to open bank accounts.
    • To encourage savings among group members
  • Capacity Building:
    • To conduct membership training to create awareness, skill training for income generation.
    • To organize leadership training for improving sustainability
    • To provide Skill training viz tailoring, fabric painting , soft toys making, catering, beautician , basic computers, jute bag making etc.
    • To organize exposure visits to institutions / successful groups for improving confidence.
  • Loan Linkage:
    • To Provide Loan Facilities as per eligibility and requirements.
    • To provide guidelines for best utilization of credit
  • Follow Up & Monitoring:
    • To attend group meetings, organize mass meetings to disseminate knowledge and guide for regular repayment.
    • To identify the future needs viz. capacity building, financial & social activities
    • To pave way for sustainability