★ Inactive

Hope Foundation

Kerala, Palakkad

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Since: February 2009
Founder: Mr. Raju Kuriechan

Partnership Summary:

Total No. of Loans: 2252

Total amount disbursed: Rs. 16791500

Expected repayment so far: Rs. 16791500

Amount repaid: Rs. 12627250 (0.7520025012655213)

Amount delayed: Rs. 4164250 (0.24799749873447877)

Amount defaulted: Rs. 0 (0.0)

Hope foundation is registered as a non-governmental organization under the Indian Trust Act, 1882 and is actively involved in the economic empowerment of rural and urban areas of India. The organization has assisted more than 1000 Self help groups and supported them with access to microfinance, micro savings and micro insurance.

Hope foundation works in Palakkad, Thrissur, Pathanamthitta, Calicut, Idukki and Thiruvanantpuram districts in Kerala. Their head office is based in Palakkad and Rang De loans are given to women entrepreneurs from Self help groups in the region. Even though Kerala boasts of a high literacy rate, access to finance is still dismal in the area.

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