The main objective of the company is to assist the poor women for their upliftment, promoting entrepreneurship and providing micro credit/ finance in different loan cycle at reasonable rates of interest.

Role functions of Repco Micro Finance

A. Group Formation:

  • To conduct baseline survey to assess the level of poverty, social issues and identify households (target groups)
  • To arrange preliminary meeting of members and assisting them to form SHGs.
  • Imparting training and assisting them to open bank accounts.
  • To encourage savings among group members

B. Capacity Building:

  • To conduct membership training to create awareness, skill training for income generation.
  • To organize leadership training for improving sustainability
  • To provide Skill training viz tailoring, fabric painting , soft toys making, catering, beautician , basic computers, jute bag making etc.
  • To organize exposure visits to institutions / successful groups for improving confidence.

C. Bank Linkage:

  • To build credit proposal and secure sanction of credit limits.
  • To arrange for documentation at their doorsteps and provide guidelines for best utilization of credit

D. Follow Up & Monitoring:

  • To attend group meetings, organize mass meetings to disseminate knowledge and guide for regular repayment.
  • To identify the future needs viz. capacity building, financial & social activities
  • To pave way for sustainability

E. Marketing Support:

  • Separate wing to market SHG products.
  • Identification of the products .
  • Display of the products at the Exhibitions.
  • Identify suitable buyers.

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