The Finclub Microcare Foundation[FMF] was incorporated under Section 8 Companies Act 2013 by the FMF Board of Directors in New Delhi in 2022. It is the “NON-PROFITABLE ORGANIZATION”. Iraivi is the brand of Finclub Microcare Foundation, with a core objective of alleviating poverty through livelihood development initiatives that reach out to the underserved poor who do not have access to credit from traditional financial institutions at affordable rates of interest and at the appropriate time.
As a socially responsible entity, Iraivi FMF actively engages in Corporate Social Responsibility (CSR) initiatives, that go beyond the Self Help Group and Joint Liability Group. The CSR of FMF recognizes the importance of good health for the well-being and productivity of our Target Communities.
FMF has aided a significant number of active groups. We presently possess a branch in Chennai Suburban, operating in various socially and economically disadvantaged communities. FMF solely works in the most underserved areas of rural, semi-urban, and metropolitan regions, with a focus on women's entrepreneurship and also on social enrichment. FMF is committed to helping underprivileged communities to cultivate secure futures for the next generation. We work with the most marginalized families and communities, regardless of religion, race, ethnicity, and gender, to generate lasting transformation in their lives.Read more
Fostering financial inclusion and economic empowerment through group-based financial services, including SHG, JLG, FPO, and Micro Enterprise initiatives. Leveraging collective strength and community dynamics to reach remote and rural populations, particularly those with modest incomes, to support sustainable development and long-term viability.
SHG leverages the power of group dynamics, mutual support, and community-based approaches to providing financial services to the poor. FMF works very effectively in reaching remote, rural, and people with modest incomes.
By harnessing the group's collective strength and social dynamics, JLG fosters financial inclusion, risk mitigation, long-term viability, and a positive impact on society.
FMF successfully reaches and supports small and marginalized farmers of FPO, who are often disregarded by other financial institutions. We contribute economic well-being of rural farming communities.
FMF empowers and enables small-scale entrepreneurs to obtain the business support they require to establish, sustain, and grow their ventures, thereby promoting the economic development of underserved communities.