The Swayamshree Micro Credit Services (SMCS) is a leading Non-Government Development Financial Institution in the State of Orissa. Rural credit institutions in Orissa have not been able to address the lack of resources, skills, and market access because they do not factor in the economic realities of the rural poor. It emerged to supplement the efforts of existing players in the field of micro finance and to give a boost to the SHG movement in Orissa.
Total amount disbursed
Rs.10,590,100
Loans given
1659
Repayment rate
61 %