Simrath Microfinance Foundation

Simrath Microfinance Foundation

Empowering marginalized groups through microfinance and promoting savings habits for socio-economic development.

2018 Indore, Madhya Pradesh (India) Active

About

Basic Data Updated:

27 days ago

In 2018, the Simrath Microfinance Foundation was established with the purpose of promoting microfinance credit and essential financial services for the betterment of socially and economically marginalized groups. These services were aimed at fostering socio-economic development and self-reliance among individuals and their families, particularly those living in rural, semi-urban, and urban areas. The company's main goal was to improve the livelihoods of the poor and weaker sections of society, while also encouraging the habit of savings and thrift among them. The foundation, based in Indore, Madhya Pradesh, was not driven by profit, but rather by a desire to empower its clients and promote financial stability. As such, it did not accept public deposits, but instead focused on instilling a culture of savings among its clients. Additionally, the company was open to collaborating with any registered or constituted body or institution that could provide its clients with access to savings facilities. Simrath Microfinance Foundation's mission was clear: to uplift and support those who were often overlooked and underserved by traditional financial institutions. Through its dedication to promoting financial inclusion and empowerment, the company aimed to make a positive impact on the lives of its clients and their communities.

Industry

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65929MP2018NPL045135
Company No.045135
Company ClassificationPrivate Not For Profit Company
Incorporation Date27 Feb 2018
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Gwalior

Financials of Simrath Microfinance Foundation

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Simrath Microfinance Foundation, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.67%.

Corporate Structure

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People in Simrath Microfinance Foundation

Board Members(2)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Simrath Microfinance Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Director Appointment

    Milan Das was appointed as a Director was appointed as a Director on 17 Jun 2023 & has been associated with this company since 11 months 5 days .

    17 Jun 2023
  • Activity

    Director Appointment

    Bulbuli Bibi was appointed as a Director was appointed as a Director on 17 Jun 2023 & has been associated with this company since 11 months 5 days .

    17 Jun 2023
  • Activity

    Balance Sheet

    Simrath Microfinance Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023
  • Activity

    Company Incorporation

    Simrath Microfinance Foundation was registered on 27 Feb 2018 with Roc Gwalior & aged 6 years 2 months as per MCA records.

    27 Feb 2018

Frequently asked questions

What is the Incorporation or founding date of Simrath Microfinance Foundation?

Simrath Microfinance Foundation was incorporated 6 years 2 months ago on 27 Feb 2018 with Registrar of Companies Roc Gwalior.

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