Rashtriya Mahila Kosh : 1993

Schemes WCD

Ministry : Ministry of  Women and Child Development

Aim:

To foster and support volunteer and formal sector experiments using innovative methodologies to reach poor women with credit and other social services.

Objective :

To be a single window facilitator for provision of financial services with backward and forward linkages for women in the unorganized sector through Intermediary Micro Finance Organizations (IMOs) and Women Self Help Groups (SHGs) and to augment their capacities through multi-pronged efforts.

Features:

  • Socio-economic transformation through multi-faceted action.
  • Providing services for Micro-Credit.
  • Capacity building for beneficiaries of IMOs and women.
  • To foster and support the expansion of women’s entrepreneurial skills.

Rashtriya Mahila Kosh (RMK), established in 1993 is a  national  level  organization  as an  autonomous  body  under the  aegis of  the  Ministry of  Women and Child Development, for socio-economic empowerment  of  women.  The  operating  model  currently followed by  RMK is that  of a  facilitating agency  wherein  RMK  provides loans to  NGO-MFIs termed as Intermediary Organizations (IMO) which on-lend to Self Help Groups (SHGs)  of women. 

RMK extends micro-credit to the women in the informal sector through a client friendly, without collateral and in a hassle-free manner for income generation activities. RMK has taken a number of promotional measures to popularize the concept of micro financing, enterprise development, thrift and credit, formation and strengthening of  Women-SHGs through intermediary organizations.

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