Pudhuaaru Kshetriya Gramin

Financial Services (KGFS)

• Pudhuaaru KGFS is a section 25 not-for-profit
company. 
• KGFS is modelled as an intermediary between
people in remote villages and various types of
financial institutions.
 Products
• Loan products: Joint Liability Group (JLG)
loans, loans against mortgaged jewellery
(called 'jewel loans' in the Indian banking
industry), retailer loans, and loans for rural
industries like brick kilns, coir units, and rice
and dal mills.
 Insurance products
• Personal accident insurance, cattle insurance,
weather insurance, and life insurance.
 Investment products
• Savings instruments that provide safety,
liquidity and reasonable returns, fixed
deposits of public sector finance companies,
and a gold accumulation plan that helps
customers accumulate their savings in the
form of jewellery, , and pension plan
annuities.
 Services
Sale of certified gold coins, and remittance
services to enable efficient delivery of money
sent by migrant members of village
households.
• PKGFS has around 50 branches in Thanjavur
and Thiruvarur District
Partnering institutions
 Partnering institutions
• Icici
• Hdfc
• Tanishq
 Grameen Bank Bangladesh
The origin of Grameen Bank can be traced back
to 1976 when Professor Muhammad Yunus,
Head of the Rural Economics Program at the
University  of Chittagong, launched an action
research project to examine the possibility of
designing a credit delivery system to provide
banking services targeted at the rural poor.
• Total number of borrowers is 8.28 million, 97
per cent of them are women.
 Grameen Family
• Grameen Trust
• Grameen Fund
• Grameen Fisheries
• Grameen Telecom
• Grameen Cybernet
• Grameen Shakti
• GrameenPhone
• Grameen Education
• Grameen Knitwear
• Grameen Solutions
• Grameen Byabosa Bikash
 
 Branches
• Grameen Bank has 2,564 branches. It works in
81,362 villages. Total staff is 22,807
• Loan recovery rate is 97.20 per cent.
• Revenue and Expenditure  Total revenue
generated by Grameen Bank in 2009 was Tk
14.50 billion (US $ 209.80 million). Total
expenditure was Tk 14.13 billion (US $ 204.42
million).
 Awards
• The Nobel Peace Prize 2006"for their efforts
to create economic and social development
from below“
• Presidential Medal of Freedom around the
neck of Muhammad Yunus at the White
House, 12 Aug 2009