GF has supported Souharda Bank. The locals were the director of the bank wherein the women in the village were supported with finance to Start Small Scale Business like poultry, Diary, petty shops and Agriculture and also provide loans through NABARD - a Central Govt. scheme.

Our Co-operative Bank was established on July 2, 2012, and has been providing valuable services ever since. However, in 2019, due to the negligence of some officers and directors and the impact of COVID-19 from 2019 to 2022, all business operations were halted, and loan recovery amounting to approximately Rs. 8 lakhs was disrupted. This situation almost led to the closure of the bank. Recognizing the challenges, we sought the support of our organization and worked to reopen the bank. We organized the community, created a Woman Director position, and transitioned it into a Women's Bank, which is now steadily progressing. Our Co-operative Society has also formed a committee consisting of one man and nine women. A loan recovery committee was set up, which successfully recovered about Rs. 3,20,000, and we are actively collecting the remaining outstanding loans. To date, we have disbursed around Rs. 59,42,493 in loans, with Rs. 14,48,059 repaid. Additionally, we secured a Rs. 32 lakh loan from the Organization's at an interest rate of 7%. We have established 19 women’s self-help groups, collecting savings and offering loans to these groups at a 15% interest rate, which has facilitated easier loan recovery. We also provide personal and vehicle loans. Last year, our bank maintained stability without incurring profit or loss. Looking forward, we are optimistic that within 2 to 3 years, our assets may reach Rs. 3 crores. With insurance coverage securing our loans, there is minimal risk of loss to the society or its members. In this way, our bank continues to offer financial security to the community. As a source of revenue for our co-operative society, we collect service and proccessing charges, insurance charges, and shares, which contribute to our profitability. Bank staff receive continuous training at the Mysore Souharda Okkota, leading to improved operations and service quality.

Benefits: Since there are no other banks in the area, our co-operative bank has made it possible for local residents to achieve professional growth. The bank provides loans at a lower interest rate compared to traditional moneylenders, who typically charge around 25% interest. This reduced interest rate is helping people avoid high borrowing costs, protecting them from excessive charges. The bank's success is positively impacting the economic well-being of the community, fostering local business growth, and improving the financial condition of the area.