GreenGrameen
What is Green Grameen ?
The Green Grameen Microfinance Foundation (GGMF) has been formed to address the dual objective of Poverty Alleviation by extending micro credit to people, who are otherwise unable to access finance from the mainstream banking channels and Women Empowerment

The alternate source of getting loans, for this strata of people normally is the private money lenders whose rates of interest ranges anywhere from 70% to upwards of 100%.

The objective of the company is to make available finance at a reasonable cost and in a transparent manner and aim to achieve acceptable returns on investment. This is done so that one can continuously attract mainstream capital and human resources to better serve the chosen client segments.

Apart this GGMF would be promoting a number of streams :

Education : Education amongst poor children and seek to play a positive role in the lives of poor.

No Frills Bank Accounts :The GGMF will provide bank accounts to poor people . Majority of the loans would be disbursed through these SBI- No Frill bank accounts, thus making rural society aware of banking systems and enhancing Financial Inclusion.

Employment through Kiosk Banking : We would be bringing an opportunity to a number of small shop keepers to enrol as a Business Correspondent . this would mean the creation of a Mini Bank at the shop itself. The shopkeepers would then become Customer Service Points for India’s largest Bank, State Bank of India. This is a Kiosk Banking Initiative on behalf of SBI being brought to us by Oxigen & Sahyog.

Rural Hubs : In due course of time , GGMF will create a unique model of a Rural Hub in Rajasthan to create a single point location for a host of facilities/services like Education, Health, Training, Banking service, other Financial Services, Ticketing Services, Insurance Services, Rural Hubs :In due course of time , GGMF will create a unique model of a Rural Hub in Rajasthan to create a single point location for a host of facilities/services like Education, Health, Training, Banking service, other Financial Services, Ticketing Services, Insurance Services,