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Strategies |
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The operational priorities and strategies of UMM to strengthen its microfinance programs is as follows.
 Wider coverage of members through formation of new SHGs and imparting members’ education on cooperative – its principles, values etc.
Increasing the number of active borrowers from among the members through exploring new business opportunities and extending credit services for that UMM has planned to disburse 10 million in the current year.
Enhance the recovery rate though close monitoring, improved peer pressure, clients education etc. and there by increase the income of the organization.
Exploring the possibilities to utilize the idle savings amount of the groups for internal and mutual lendings among SHGs through the federation.
System strengthening and operationalization of the computer based software.
Tie up with L.I.C./G.I.C. and other private insurance companies for insurance overage of members.
Increased mobilization on resources – both loan funds and grants for strengthening the microfinance operation.
Attaining 100% OSS and FSS in its microfinance operation.
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