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Our Mission

Rishi Markandey has set itself a mission to “identify and motivate poor peoples in a cost-effective way and deliver them micro finance services in an honest, timely and efficient manner.”In the meantime, Newshivshakti commits to be professionally managed, operationally sustainable and financially profitable.

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Our Vission

We envision a world where all people hold the power to create opportunity for themselves and others. The vision of Rishi Markandey is to help building a society that contains an opportunity to develop the minimal socio-economic conditions needed to live a life of dignity.

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Our Goals

Providing financial resources to enable poor women of rural, semi urban and urban communities to come out of poverty and get connected with formal financial institutions.Developing a scaleable and growing business that covers a significant number of poor households while maintaining portfolio and service quality.

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What we do

Rishi Markandey Provides financial assistance to underprivileged self-employed women from down trodden section of population, specifically from the rural/urban /semi-urban areas, to help facilitate their upward movement in their economic status and in the process improve the standard of living of their families. This also enables them to gain respect not only within their own […]

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About Us

Rishi Markandey, a microfinance venture of people’s Forum which is more than two decades old development organization.

Rishi Markandey is created for the purpose of growth of the micro finance operation in the areas which are still away from the touch of the formal financial system of the economy and provide livelihood support to the poor households by providing financial and technical support to strengthen entrepreneurial skill for effective and efficient undertaking of business activities.

Objective

  • To form and promote self help groups of the poor, women, needy, oppressed and to attain improvement in their socio-economic condition through economic activities.
  • To give priority to women and to involve them directly in production activities so that the opportunities are created for additional income.
  • To provide technical assistance so that the poor become self sufficient by accumulating and creating their own capital through savings from increased income.
  • To provide financial assistance for economic empowerment.

 

Social Objective

  • To provide micro loans to those household which are identified as family Below Poverty Line.
  • To cater microfinance service for special category of individual i.e. Widow, transgender and person with Disability etc.
  • To provide financial assistance to Schedule Castes, Schedule Tribes and to other minority class.
  • To provide micro loan for health & sanitation purpose for the betterment of their social life.

 

Environmental Objectives

  • To minimize the environmental impact of our lending
  • To make constant efforts to improve internal standards of environment management and reduce carbon footprint.
  • To provide sustainable, green products through appropriate product design.