Mahila Kosh (RMK), established in 1993 is a national level organization as
an autonomous body under the aegis of the
Ministry of Women and Child Development, for socio-economic empowerment of
women. The operating model currently followed by RMK is
that of a facilitating agency wherein RMK provides loans to NGO-MFIs termed
as Intermediary Organizations (IMO) which on-lend to Self Help Groups (SHGs)
of women. In addition, RMK also has appointed nodal agencies and franchisees
for furthering of its objectives of reaching out to the women beneficiaries
with easy access of micro credit for income generating activities.
RMK extends micro-credit to the
women in the informal sector through a client friendly, without collateral and in a hassle-free manner for
income generation activities. RMK has taken a number of promotional measures to popularize the
concept of micro financing, enterprise development, thrift and credit, formation and
strengthening of Women-SHGs through intermediary organizations.
To be a financial service and capacity enhancement
institution for social and economic empowerment of poor and marginalized
To be a single window facilitator for provision of financial
services with backward and forward linkages for women in the unorganized
sector through Intermediary Micro Finance Organizations (IMOs) and Women
Self Help Groups (SHGs) and to augment their capacities through multi-pronged efforts.
Aims & Objectives
A. The aims & objectives of Rashtriya Mahila Kosh are as follows:-
1. Socio-economic empowerment through multi-pronged effort
2. Providing micro-credit facilities.
3. Capacity building of IMOs and women beneficiaries
4. To promote or undertake activities for the promotion of or to provide credit as an instrument of socio-
economic change and development through the provision of a package of financial and social development
services for the development of women.
5. To promote and support schemes for improvement of facilities for credit for women:-
a) for sustenance of their existing employment
b) for generation of further employment
c) for asset creation
d) for asset redemption and
e) for tiding over consumption, social and contingent needs
6. To demonstrate and replicate participatory approaches in the organization of women’s groups for effective
utilization of credit resources leading to self-reliance.
7. To promote and support experiments in the voluntary and formal sector using innovative methodologies to
reach poor women with credit and other social services.
8. To sensitize existing government delivery mechanisms and increase the visibility of poor women as a vital
and viable clientele with the conventional institutions.
9. To promote research, study, documentation and analysis, including provision of fellowships and scholarships, of credit and its management and of successful experiences at various levels in order to promote replication
and dissemination of successful credit extension and management methodologies.
10. To promote the federation and net working of women’s organisations for shaping & exchange of experience
and information and to develop skills in response management & social mobilization.
11. To promote and support the expansion of entrepreneurship skills among women.
12. To cooperate with and secure the cooperation of the Central Government, State Governments and Union Territory Administration, credit institutions, industrial and commercial organisations and non-governmental,
voluntary and other organisations and bodies in promoting the objects of the
13. To accept subscriptions, grants, contributions, donations, loans, guarantees, gifts, bequests etc. on such terms and obligations not inconsistent with the aims and objects of the
14. To do all such lawful acts & things as may be necessary or conducive for furthering the objects of the
B. There shall be no discrimination on the ground of religion, community, caste or class, creed or race in carrying
out the aims and objects of the Kosh.
C. All the incomes, earnings, movable, immovable properties of the Kosh shall be solely utilized and applied towards
the promotion of its aims and objects only as set forth in the Memorandum of Association and no part of income
and property of the Kosh shall be paid or transferred directly or indirectly by way of dividends, bonus, profits or in any manner whatsoever to the present or past Member of the Kosh or to any person claiming through any
one or more of the present or past members. No member of the Kosh shall have any personal claim on any
movable or immovable properties of the Kosh or make any profits, whatsoever by virtue of his membership. The
accounts of the Kosh shall be audited and balanced each year.
Provided, however, nothing herein contained shall prevent the payment, in good faith, of remuneration to any
member or other person in return for any services rendered to the Kosh or for traveling allowances, halting or
other similar charges.
Function of the Kosh:
The Kosh discharges the following functions for the furtherance of its objects.
1. The Kosh will seek to enable women to achieve economic independence. It will strive to go beyond credit
delivery and provide services for integrated development centred around the needs of poor women.
2. While provision of credit to cover composite needs is essential, such credit will be linked mainly to production
and economic activity.
3. To create an environment to facilitate and support further innovation and experimentation for designing suitable delivery mechanisms to reach poor women.
4. To provide for research, whose primary function would be to explore/facilitate and conduct participatory
action research and analysis, based on which policy imperatives and action (including legislation) can be identified and advocated to address the constraints in the formal system.
5. Education of credit management will be integrated with the provision of credit, along with literacy and skill
training for individual women, leadership training among groups for self management, etc.
6. Accessibility of credit to poor women will be improved in terms of physical distance, simplification of
procedures, flexibility of measures for loans and recovery and other measures conducive to increase
7. Provision of a number of support services (both economic as well as social) to enable the women to
address themselves to the complexity of the problems and deprivations arising from poverty and
powerlessnes, over the above services and schemes already existing.
8. Provision of adequate, timely, regular flexible credit inputs matched to the individual needs of women
allowing for the seasonality and diversity of poor women’s work and occupations.
9. Promote and support grassroot level societies and organisations and other participatory structures for
providing for women effective access to decision making.
10. To have a policy and advocacy dimension in its working which based on all of the above, would provide a
basis for revisions in the formal system.
11. Develop effective channels of communication between women and the credit/banking systems to enable
the latter to adapt their procedures as required by the personal priorities and constraints of poor women.
12. Advocate for greater appreciation among the conventional credit systems of the need for simple
alternative systems and rethinking of the social lending costs in reaching the poor.
13. Establish a mechanism for dissemination of information and experience among agencies in the Government
and non-government sectors in the area of credit for poor women.
14. Identify and build up a resource base for training, project formulation and evaluation of needs at
regional levels so as to promote greater outreach of services and coverage of remote areas.
15. To mobilize resources at several level from governments, public and private donors and from other
developmental agencies both governmental and non-governmental.
16. Motivate voluntary organisations.
17. To coordinate with other credit and development agencies/connected with the well being of women.
18. To grant monetary and other assistance including loans/guarantees to banks/
associations, etc. who are engaged in the promotion and development activities for economic upliftment of
19. To subscribe to or become a member of or otherwise cooperate with other associations whose objects are
wholly or in part similar to those of the Kosh.
20. To borrow, raise or secure the payment of money in such manner as the Kosh shall deem proper or
convenient for furtherance of the above objects and, in particular, by the issue of bonds, debentures, bills of exchange, promissory notes or other obligations or securities of the Kosh and to purchase, redeem or
pay off such obligations or securities.
21. To accept and to give grants, donations and subscriptions in furtherance of the objects of the
22. To purchase, accept as a gift or otherwise acquire and own or take on lease or hire temporarily or
permanently, any movable or immovable property necessary or expedient for the furtherance of the objects and activities of the Kosh and to deal with the same in any manner whatsoever.
23. To support and do all such things as are or may be necessary or incidental to, or conducive to the
attainment of any of or all of the objects of the Kosh.
Delivery Mechanism: (RMK-IMOs-SHGs/JLG)
Credit is disbursed
to the Women-SHGs/JLGs through Intermediary Organizations (IMOs).
i) Loan Promotion
ii) Main Loan Scheme
iii) Refinance Scheme
iv) Franchisee Scheme
v) Gold Credit Scheme
vi) Housing Loan Scheme
vii) Nodal Agency
special credit package to enable the poor women in the North-Eastern Region (NER) to access credit
from RMK has been operationalized. RMK has formulated a concessional package for the voluntary
organizations of the North-Eastern
region for easy access of credit from RMK to meet the credit needs of the poor women of the region in order
to remove the uneven presence of micro-credit in the country which is witnessed mostly in North-Eastern
region due to poor presence of banking net-work, lack of infrastructure and awareness, The concessions are:
• The organization having completed one year of its registration can apply for the
• Margin on loan reduced from 10% to 5%.
• The grace period on repayment of loan enhanced from 6 months to 12 months.
• The repayment period of loan is three years for all schemes.
• Eligible organizations are provided second class sleeper rail fare and where there is no rail link, cheaper class to and fro Air fare
to the members of NGOs (up to 2 numbers) for coming to Delhi for execution of documents.
Reputed Government Organizations / Government Undertakings / NGOs /
Research Institutions / Academic Institutions, having adequate infrastructure
for capacity building, vocational and skill development, technology transfer, micro-enterprise development, etc.
have been identified.
Intermediary Organizations (IMOs):
Those working at
grass-root level such as
Non – governmental organizations, Women Federations, Co-operatives, Urban Women Cooperative
Banks, Government Autonomous Bodies, not for profit – Section 25 companies registered under
Companies Act, and other Voluntary / Civil Society Organizations can work as
of RMK (link to the chapter Loan Schemes of RMK)