Grameen Koota

About Grameen Koota

Grameen Koota, established on May 30, 1999, in Bangalore, Karnataka, is a pioneering microfinance institution (MFI) dedicated to empowering economically disadvantaged communities through access to financial services. Inspired by the transformative impact of microcredit highlighted in Alex Counts' book "Give Us Credit," Grameen Koota was founded by the trustees of the T. Muniswamappa Trust to replicate this success in India, particularly in Avalahalli and surrounding villages. With seed capital from Grameen Trust, the organization has since developed a robust framework for providing small loans, typically ranging from INR 7,000 (USD 166) to INR 35,000 (USD 830), to over 100,000 clients, primarily women who earn between INR 42-84 (USD 1-2) per day.

Grameen Koota serves a diverse array of industries, including agriculture, animal husbandry, trading, and transportation, enabling clients to initiate and expand income-generating activities. The institution's commitment to financial inclusion is evident in its tailored loan products designed to meet the unique needs of its clients, fostering entrepreneurship and self-sufficiency. By leveraging technology, Grameen Koota enhances its operational efficiency and client engagement, ensuring that financial services are accessible and user-friendly. Through its mission-driven approach, Grameen Koota not only provides financial support but also contributes to the socio-economic upliftment of marginalized communities, helping them rise above the poverty line and achieve sustainable livelihoods.

Website	http://www.grameenkoota.org
Employees	501-1,000 employees View all Grameen Koota employees
Industry	Financial Services
Location	Nikita's Building, 2nd floor, #49, 46th cross, 8th Block,Jayanagar, Bangalore, Karnataka 560071, IN
Founded	1999
Keywords	Microfinance