Ministry : Ministry of Women and Child Development
To foster and support volunteer and formal sector experiments using innovative methodologies to reach poor women with credit and other social services.
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.
- 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.