The Shri Sain Samaj Urban Thrift and Credit Co-operative Society Limited was formed with 55 members & a small capital of Rs.2,00,000/- and was registered under Delhi Co-operative Societies Act. 2003 on 15.07.2009 with the O/o Registrar Co-operative Societies, Govt. of N.C.T. of Delhi vide registration no. 10229/TC/West. Society has successfully completed 09 years of services to its members. Now the working capital of the society has risen to above 7 crores and more than 1600 proud members are there.
The Co-operative Society ensures upliftment of financially weak individuals who have meager resources. In a co-operative they can themselves promote their economic interest by self help and mutual help. The very purpose of co-operative means to pool the resources of otherwise weaker sections and to make a conducive place environment for them in the society with dignity. The thrust is on earning profit, which is finally distributed equally amongst its members but ultimately profit is not the real motive of any co-operative.
The main objective of our Society is to promote the savings habit of the members and lend loans to its members on nominal interest for useful purposes & emergency needs with the ultimate aim of improving the living standards of the members, promotion of their moral, educational & physical improvements and encourage the spirit and practice of thrift, self help and mutual help with no profit motive among members, to serve for Economic Development and Social Welfare of members, staff of the society and their children. The Society continues to progress and offers to meet the expectations of the members, true to the Cooperative tradition and spirit.
We stand totally committed & dedicated to the above lofty goal of promoting these aims of co-operative endeavor, so that we can evolve into a strong example of the movement. It is a mission for us.
Sh. Raghubar Dayal Chandela