Initiatives for Development Foundation

IDF SHG Federation

Owned by member-SHGs and receives entire funds of SHGs in accounts opened with it, laws are not violated for public deposits/savings.
Managed by Trustees and funds are in the hands of the trust.
Capable of buying equity in IDF FSPL.

To inculcate the habit of thrift among the SHG members.
To enable the SHG members to access finance, insurance, provide insurance and other financial services for their mutual benefit.
To conduct training programs for the 'MEMBER SHG's in managing their affairs.
Training the SHG members of village towards awareness, economic development, education and empowerment progress in all respect.
To encourage and promote service in social, educational, health and economic development with the holistic approach.

Collect savings from SHGs.
Subscribe to Capital of IDF FSPL.
Use savings for investment in approved investments.
Deal with their specific set of SHGs only and will have no transactions with other institutions of Federations or SHGs.

All SHG through cluster representatives constitute the General Body.
IDF appoints the Chairman Trustee IDF/IDF FSPL to provide financial and operational trustees Federation Management.
Two trustees elected from Leaders and will be trained for future management, under strict standards of management.