Regestration:

Nimble Credit Co-operative Society Ltd. (Society) is a Multi State Co-operative society, duly registered on the 21st of December 2012 with the Department of Agriculture and Cooperation, Ministry of Agriculture, Government of India, under the provisions of Section 7 of the Multi State Co-operative Societies Act, 2002 (MSCS Act). The Registration No. is MSCS/CR/705/2012 .

Vision:

The Society will be a pan-India recognized name exceling in deployment of co-operative principles in imparting such economic and social strength to its Members that would enable them to realize their otherwise unrealizable dreams.

Mission:

1. To encourage thrift and savings amongst its Members by opening up attractive avenues for these activities.

2. To provide credit facilities to its Members on easy terms to enable them to make their lives more comfortable.

3. To promote the interests of all its Members to attain their social and economic betterment through self-help and mutual aid in accordance with the co-operative principles.

4. To utilize / invest the funds of the Society in the most efficient manner, within the four corners of applicable laws and the Byelaws of the Society, so as to obtain maximum returns to be put to the best co-operative interests of its Members.

Objective:

1. To accept money as deposits from the Members of the Society for the purpose of lending to Members only and investment in accordance with the MSCS Act.

2. To provide credit facility to its Members for small personal loan, home loan, business loans and for other necessary purposes.

3. To provide loan to its Members for self employment, income generation and for purchase of vehicles.

4. To facilitate loans from Banks and financial institutions on easy and convenient terms for its Members.

Management:

Democratic principles and practices form the basis of the management of the Society. The management of the Society is of the Members, for the Members and by the Members. The Society is run by a Board of Directors whose Members are directly elected by the Members of the Society from amongst themselves in accordance with the provisions of the Multi-State Co-operative Society Act 2002 , Multi-State Co-operative Society Rules, 2002, and the ‘Byelaws’ of the Society. The chairperson of the Board of Directors is elected by the Members of the Board of Directors from amongst themselves.

Chief Executive:

The day-to-day management of the Society is looked after by a Chief Executive who is appointed by the Board of Directors and who operates under the general superintendence, supervision and control of the Board of Directors. The Chief Executive is also a Member of the Board of Directors.