LOKMANGAL MULTI-STATE CO-OPERATIVE SOCIETY
Number of branches: 104 across Maharashtra and Karnataka
Membership: Over 10,000 people
Deposits: Over Rs. 164 crores
Share Holders: 1034
The Lokmangal Multi-State Society is the Group’s first venture beyond the state of Maharashtra. Small farmers are encouraged to opt for “Samudayaik Sheti”or Co-Operative Society. They are made aware of issues related to plantation and marketing of crops. The Society buys their farm products on the spot. This has resulted in the farmers getting the benefit of selling at market price. The Society’s first venture however was to establish a dairy, to encourage more and more individuals to look beyond farming as a source of active income.
Having witnessed accelerated numbers in deposits in 2012
we have set the momentum to pick up pace and cross 1000 crores by 2015.
Performance Report from 31 MAR 2009 to 31 MAR 2013
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