National Minorities Development & Finance Corporation

 

 

NMDFC has the following TWO Channels to reach the TARGET GROUPS:

 

i)    STATE CHANNELISING AGENCIES (SCAs)

It is the main channel. State Channelising Agencies (SCAs) are nominated by the respective State Governments. At present, NMDFC has 35 operational Channelising Agencies and their break-up is given below:

 

 

a. Minority Development & Finance Corporations 13 Nos.
b. State SC/ST Development Corporations 5 Nos.
c. State Backward Classes Development Corporations 8 Nos.
d. State Women’s Development Corporations 3 Nos.
e. Handloom & Handicrafts Corporations 2 Nos.
f. Other Agencies (Cooperative Banks, Industrial Devlpt. Corpns, etc.) 5 Nos.
  T O T A L 35 Nos.

 

 

ii)     NON-GOVERNMENTAL ORGANISATIONS (NGOs)

The services of selected Non Governmental Organisations (NGOs) are availed for reaching the Target Groups through SHGs. Such an NGO should be more than three years old, apoliticial, financially sound, engaged in socio economic activities with minimum one year experience in thrift and credit.

 

 

 Thus, following channels are available to the beneficiaries/SHGs/NGOs:

     Individual beneficiariesSCAs
    SHGsSCAs
NGOsSCAs
OR 
  
  
 NGOsNMDFC

                                                

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