Nirmal Ujjwal's Vision is serving to the Undeserved and Creating Value at the Bottom of the Pyramid
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Nirmal Ujjwal's Vision is serving to the Undeserved and Creating Value at the Bottom of the Pyramid
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Home Page > Finance > Banking > Nirmal Ujjwal's Vision is serving to the Undeserved and Creating Value at the Bottom of the Pyramid
Nirmal Ujjwal's Vision is serving to the Undeserved and Creating Value at the Bottom of the Pyramid
Posted: Feb 04, 2012 |Comments: 0
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Nirmal Ujjwal’s Vision is serving to the Undeserved and Creating Value at the Bottom of the Pyramid
Nirmal Ujjwal Credit Co-operative Society Pvt Ltd, Nagpur is one of the most notable contributors in developing the financial structure of the Indian state of Maharashtra. Since its inception way back in 1990, this organization has taken up well structured steps to ensure the benefit of the society as a whole. And it is by offering the poor and under developed citizens with a financial assistance; they have truly lived up to their service liability. Hence, their basic functionality revolves around their core objective of serving the undeserved and by creating a value addition at the bottom of the pyramid.
Such noble attempts have helped Nirmal Ujjwal to scale the boundaries of Maharashtra, and make a prominent presence in the neighboring Madhya Pradesh. Today, with 21 branches, 1,200 employees, 27,000 member share holders, and over 10 crores of capital shares, this credit lending organization has really created a separate niche for themselves. All these features are furthermore accosted with an A-Grade audit certification that attests their transparent work procedures. The credit society has also been ranked in the top 10 among 28,000 credit lending institutions, and 2nd in the Vidarbha region.
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Nirmal Ujjwal Credit Co-operative Society Pvt Ltd, Nagpur strives to make a positive effort in extending financial help to the poor farmers and land owners. As they follow a more simplified sanctioning process unlike the various nationalized and private financial institutions, it has been easier for the poor farmers and land owners to realize their financial demands. It is thereby this credit lending institution has made a praiseworthy attempt in helping the undeserved to create a value addition at the bottom of the pyramid. So, nowadays whenever there arises an urgent requirement of any financial assistance with animal husbandry loans and likewise, people go for Nirmal Ujjwal Credit Society.
Apart from offering help to the poor farmers and land owners of the Indian states of Maharashtra and Madhya Pradesh, this credit lending institution has also made a committed effort to provide various financial plans to the common populace. A variety of loan and deposit schemes therefore has been introduced to facilitate the financial needs of individuals living in and around this part of the nation. Recently, Nirmal Ujjwal Credit Co-operative Society Pvt Ltd, Nagpur has also offered recurring deposit schemes with as low as 100 INR. The target customers of this financial product, of course are those who lie at the bottom of the social pyramid. Such an option, like a lot other, has truly contributed in developing a systematic investment habit among the common individuals.
So, with all such laudable opportunities, this credit lending institution is all set to make the nation more financially proactive and self reliant as it is today.
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