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KSFE's purpose at founding was to provide an alternative to unscrupulous private-sector chit fund organizers. [4] In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds. [4] Types of KSFE chitty schemes. Regular Chitty : In regular chits one person can bid per month. The ...
The body provides micro-financing, marketing support for various products manufactured as part of the schemes at its margin-free shops and free scholarships exclusively for students belonging to Christian converts from Scheduled Castes and the Recommended Communities.
A chit fund is a type of rotating savings and credit association system practiced in India, Bangladesh, Sri Lanka, Pakistan and other Asian countries. [1] Chit fund schemes may be organized by financial institutions, or informally among friends, relatives, or neighbours.
Kerala Financial Corporation. The Kerala Financial Corporation (KFC), a public sector undertaking, is a state-owned financial corporation. [1] The Kerala Financial Corporation (KFC) was established by the State Government as per the State Financial Corporations Act of 1951, passed by the Parliament of India, to accelerate the industrial growth of the state of Kerala.
FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...
Kerala Small Industries Development Corporation Limited (Kerala SIDCO) is a state agency of Kerala, India, established for the promotion of small scale industries in the state of Kerala. [2]
Kerala State Industrial Development Corporation Ltd. is the industrial and investment promotion agency of the Government of Kerala (India), for the promotion and development of medium and large scale units in the State of Kerala.
He was awarded the Pravasi Bharatiya Samman [3] in 2015 by Mohammad Hamid Ansari, the Vice President of India, for his social works and efforts. The Kerala state government nominated him for Padma Shr, the fourth highest civilian award in India. [4] He is a member of Loka Kerala Sabha. Filmmaker Reshel Shah Kapoor produced a six-minute ...