Kumari Dhanashakti Nidhi Ltd.
Launched in 2020, Kumari Dhanashakti Nidhi Ltd. represents the financial empowerment arm of the Mandaikadu Bhagavathi Amman Seva Trust. Established by 108 founding shareholders, this institution functions as a community-based financial cooperative, focused on fostering self-reliance, entrepreneurship, and economic development among local residents.
Key Highlights:
- 🏦 Community Financial Institution: Operating as a registered Nidhi Limited company, it serves as a member-owned financial development fund, providing savings, small loans, and investment opportunities to the local population.
- 🌍 Operational Reach: The organization currently functions from two active branches, serving individuals and families across multiple villages in the Kanyakumari District.
- 💼 Promoting Economic Growth: By encouraging responsible saving and borrowing, the Nidhi aims to help small traders, self-employed individuals, and rural families build financial stability and independence.
- 🤝 Member-Driven Development: With its foundation rooted in mutual trust and transparency, Kumari Dhanashakti Nidhi Ltd. operates as a people’s institution, ensuring that financial progress directly benefits the community that sustains it.
- 🌱 Vision: To create a financially secure and self-sufficient rural economy, aligned with the Trust’s larger mission of service, empowerment, and upliftment.
Through this initiative, the Trust extends its principle of Seva (selfless service) into the realm of economic well-being, proving that true social development is incomplete without financial empowerment.
