MFI ReportPartnerships
| Name | Relationship |
|---|---|
| Dignity Fund, L.P. | Funding |
| Mifos | Vendor |
| Oikocredit | Funding |
| Unitus | Network Affiliation |
-
7.7 million66,678115.40.010.5 million0
Mission:
Adhikar’s mission is the economic and political empowerment of the marginalized and deprived communities in rural and urban areas of Orissa by ensuring an effective, flexible and responsive financial services system and safeguarding their rights which will help them in having a just and ... Read more
Adhikar’s mission is the economic and political empowerment of the marginalized and deprived communities in rural and urban areas of Orissa by ensuring an effective, flexible and responsive financial services system and safeguarding their rights which will help them in having a just and meaningful living. Hide
Background and Main Challenges:
Organisational Background:
Adhikar is a not-for-profit organisation registered as a Society under the Societies Registration Act, 1860. It was established in 1993 at the initiative of the present President, Mr. Md. N. Amin and a few other like-minded people. Adhikar started its ... Read more
Adhikar is a not-for-profit organisation registered as a Society under the Societies Registration Act, 1860. It was established in 1993 at the initiative of the present President, Mr. Md. N. Amin and a few other like-minded people. Adhikar started its ... Read more
Organisational Background:
Adhikar is a not-for-profit organisation registered as a Society under the Societies Registration Act, 1860. It was established in 1993 at the initiative of the present President, Mr. Md. N. Amin and a few other like-minded people. Adhikar started its microfinance operation in March 2001 by promoting SHGs and savings and credit cooperatives. With a view to scale up the programme, it came out with a direct lending programme in June 2004, which was named as “Sanchayika”. The programme was started with an initial financial support from FWWB. Currently, Adhikar has reached out to about 50,000 poor families, which are spread across 250 villages and 15 slums in 7 districts of the state (Orissa). In the course of its journey, Adhikar has been a part of few national networks like Sa-Dhan, Sahanti, OSSUP and Forum Asia, an international alliance dedicated to strengthening civil society & global peace.
Main Challenges:
Adhikar’s management system is still in a formative stage. There is a need to improve this in the future, which will otherwise limit its growth and can impact the quality of operations, adversely. Besides this, a low capital adequacy is another challenge, which poses a significant risk towards growth and sustainability. To increase the outreach of work in order to have an impact on the poverty eradication effort. To make possible that livelihood effort with the empowerment process should go hand in hand with Micro Finance., To aware people about their rights. , To build sustainable organizations, for the poor people. Hide
Adhikar is a not-for-profit organisation registered as a Society under the Societies Registration Act, 1860. It was established in 1993 at the initiative of the present President, Mr. Md. N. Amin and a few other like-minded people. Adhikar started its microfinance operation in March 2001 by promoting SHGs and savings and credit cooperatives. With a view to scale up the programme, it came out with a direct lending programme in June 2004, which was named as “Sanchayika”. The programme was started with an initial financial support from FWWB. Currently, Adhikar has reached out to about 50,000 poor families, which are spread across 250 villages and 15 slums in 7 districts of the state (Orissa). In the course of its journey, Adhikar has been a part of few national networks like Sa-Dhan, Sahanti, OSSUP and Forum Asia, an international alliance dedicated to strengthening civil society & global peace.
Main Challenges:
Adhikar’s management system is still in a formative stage. There is a need to improve this in the future, which will otherwise limit its growth and can impact the quality of operations, adversely. Besides this, a low capital adequacy is another challenge, which poses a significant risk towards growth and sustainability. To increase the outreach of work in order to have an impact on the poverty eradication effort. To make possible that livelihood effort with the empowerment process should go hand in hand with Micro Finance., To aware people about their rights. , To build sustainable organizations, for the poor people. Hide
Address:
77/180/970-Subudhipur, BBSR, Odisha
BBSR
Orrisa
751019
India
Phone:
+91 6742384632
Fax:
+91 6742475087, +91 6742475173
Email:
adhikar [at] satyam [dot] net [dot] in
Website:
Main Funding Sources:
Grants
Loans
Products and Services:
Loans
Insurance
Funds Transfer Services
Training and Consulting
Looking for (Investment Types):
Equity
Loans in Local Currency
Loans in USD
Guarantees
Capacity Building Grants
% Operations Comprised by MF:
91 - 100
Date established:
Aug 19 1991
FYE:
31-Mar
Current Legal Status:
NBFI
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Aminamin [at] adhikarindia [dot] org91 674 238 4542
-
Amin Aminamin [dot] adhikar [at] yahoomail [dot] com91 674 238 4542
-
Lingarajlingaraj [at] adhikarindia [dot] org(933) 809-2825
-
Lipi Lipi+91 9338091097
-
Md. N. AminPresidentadhikar [at] satyam [dot] net [dot] in+91 933 809 2826
