Rahi Micro Credit is a tool for economic development with the goal of helping underprivileged people escape poverty. It is not limited to providing microcredit to the poor. It includes a wide range of financial and non-financial services, including credit, savings, insurance, remittance, and capacity building.
In order to provide the most pertinent and useful items for the underprivileged, RMCF is committed to knowing their particular needs. A wide range of borrowers' needs are satisfied by our tailored products. We work hard to develop quickly based on our ongoing learning and expertise from the field while retaining a core product range. We are committed to our objective of empowering families to build wealth, earn income, plan for unpredictable cash flow, and become financially literate as we grow and diversify our portfolio. Each commodity or service that RMCF provides is one that we genuinely think will improve the quality of life for our customers.
Microcredit is the extension of small loans to impoverished borrowers.
Those who lack collateral, steady employment, or a credit history.
It is designed to support entrepreneurship and act as a tool to alleviate poverty.
The microenterprise has proven to be the backbone of economy both at micro and macro level. RMCF provides motivational, information as well as managerial inputs to SHGs and JLG’s for undertaking income generating activities and micro enterprises.
Micro enterprises are a driving force of Indian economy. These enterprises not only impact the economy on a large scale but also caters to the needs of the community in the rural and semi – urban parts of the country and also acts as a source of employment for millions in the unprovided part of the country. Keeping in view the importance of micro enterprises and keeping in view its vision RMCF is committed to provide congenial environment to such enterprises by not only providing credit for working capital needs but also handholding and providing capacity building trainings to its members.
RMCF Entrepreneurship and Livelihoods Foundation acts as a Corporate Agency on behalf of two major insurance companies in order to provide “at-the doorstep” insurance services to women in remote rural areas. Risk coverage is provided by way of life as well as general insurance.
As a division of Rahi Micro Credit, micro insurance looks to aid unprivileged families by offering insurance plans tailored to their needs. Considering the demand from the rural areas and the need for smaller premium and umbrella cover to various household needs, RMCF Entrepreneurship and Livelihoods Foundation (RMCF) arranged to offered life insurance, livestock insurance and other rural products to cater the same.