Credits (Loan)
To meet emergent consumption needs of existing mSHG members interim loan product with a limit of Rs.5,000-Rs.10,000/- is introduced. The existing mSHG members whose existing loans are regular...
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The Genesis
Initiatives for Development Foundation (IDF) is a non profit organization founded by Developmental Bankers and Administrators who have expertise in micro
credit, micro enterprise development, sustainable agriculture, rural development, transfer of technology, entrepreneurship promotion, corporate planning, communication
and administration, social research, NGO constitution and Institutional development of grass root organizations. Initiatives for Development Foundation (IDF) was
set up as a Registered Public Charitable Trust during November 2001.
IDF Financial Services Private Limited (IDF FSPL) was carved out of IDF and is dedicated to provide Microfinance and allied financial services. In order to scale and promote
microfinance operations and generate adequate capital, microfinance division of IDF was delineated from its parent organization and registered as IDF FSPL, a Non Banking
Financial Company in April 2009 with its Registered Office in Bangalore & Administrative office in Dharwad. IDF FSPL is run by a dedicated team with rich technical,
organizational and banking experience.
Our Vision
True Empowerment is when the desire to achieve is backed by resources and skills that enable an individual to transform his/her life. We would like to create that willingness and build that confidence which forms the fundamental necessity for any form of empowerment.
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Our Mission
"Reaching 2 lakh families by 2025"
Currently IDF FSPL operates in 20 districts of Karnataka Maharashtra & Goa. Our long term goal is to scale our operations to the entire state of Karnataka..
Our Goal
The Primary goal of IDF FSPL is to
"Build and promote a self sustaining finance institute which is owned by, meant for and run by the rural and the urban
poor with professional support."
Our Services
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Insurance
Most of the field studies and previous experience of working with clients points to the fact that the economically underprivileged segment is very vulnerable to all kinds of unforeseen risks.
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