Of the Madras aluminium Company Ltd. (MALCO) a unit of Vedanta group loan distribution function for women self help groups arranged, has in conjunction with Kadayampatti Vattara Pengal Munnetra NALA Sangam (KVPMNS) help of the NABARD financial services limited & Vijaya Bank, PN Patty Zweig.
The gesture was focuses programme within the framework of the company's corporate social responsibility (CSR) according to the officials of the company on the well-being of the community through various programs such as education, health, infrastructure, women, to improve livelihoods and the environment.
As part of its social initiatives, it has the empowerment of women in rural areas, reinforce to live around the company. These women are as one under the self-help groups (support groups), combines to make them different skills development programs where the company provides successful microenterprises.
Malco has partnered with the NGO Kadayampatti Vattara Pengal Munnetra NALA Sangam (KVPMNS) for more focus in the women empowerment program under the name of CSR activities. The self-help groups are associated with NABFINS for their financial support and development. In line with the development of women SHG members NABFINS has SHG members of Malco Recreation Club 7.20 Lakhs 54 Malco as a loan of RS. 24.07.2013.
Mr. Govindasamy, Salem District Manager of NABFINS gave the loan RS. 7.20 Lakhs 54 Malco SHG members in the presence of Malco officials Mr R k r, head of human resources & Mr. K Kathiresan, Director power plant and officials from partnership NGO Kadayampatti Vattara Pengal Munnetra NALA Sangam (KVPMNS).
Followed by, Vijaya Bank, PN has Patty Zweig SHG loan of RS. 4.80 Lakhs (with subsidies) 98 Malco SHG members into Vijaya Bank on 25.07.2013 provided.
The loan was from Mr. Rajendran, DGM - Vijaya Bank, Coimbatore region in the presence of Lord Surya Narayanan - Manager, Vijaya Bank, Mr R k s - head HR & Vijaya Bank officials distributed.