Gramalaya Microfin Foundation, Tiruchirappalli, India
GMF – Gramalaya Microfin Foundation is a non-profit organization registered as a Section 25 company founded in the year 2011 with the objective of eradicating poverty through livelihood promotion activities through increased access to financial services. Gramalaya Microfin Foundation (GMF) was promoted by Gramalaya NGO mainly for the purpose of economic empowerment of women in the operational areas. GMF was promoted by Gramalaya after meeting a number of stakeholders in the project areas and in the Microfinance sector which would concentrate on the livelihood promotion for the women closely associating with Gramalaya.GMF approach will be different from other conventional organizations where the loans for income generation will be provided to the women after fulfilling the criteria of training and capacity building at the GREAT Training Centre through its business counseling process. GREAT is an acronym of Gramalaya Entrepreneurs Associates, Tamil Nadu which is providing skills training, technical support and other market linked promotion activities. GMF is governed by experienced people in microfinance and rural development activities with diverse background and professional skills.
Business Counseling Centre
The Business Counseling Centre established at the Gramalaya Training Centre is supporting interested women to start their small business by providing technical and professional assistance including arranging for financial support and market tie up arrangements. The business counseling centre will provide the project feasibility reports including the cash flow analysis of new trades and other self-employment works. Currently, the business counseling centre has identified more than 60 trades meant for rural and urban areas that include agro-based, service oriented, industrial based and self-employment. The Business Counseling centre is in collaboration with other recognized training institutions and business incubation centres arranging a number of skills training program at regular basis based on the demands and potential of the local people and areas.
Website : www.gmfindia.org email :