Micro finance is emerging as a powerful tool for poverty alleviation in rural India. It not only provides financial services to the poor people but also strengthens their collective self help capacities for empowerment. GSMS has been exclusively engaged in on-lending financial activities involving rural poor women through JLG (joint liability group). Micro finance activities are on the rise across the country as they cater to the needs of the poor and help them join the mainstream. Our vision is to financially include and strengthen the underprivileged section of the society, especially women and children and to create awareness among the poor community about issues involving right to information, right to education and social evils like dowry and superstitious beliefs.
By 2020, GSMS would like to emerge as a responsible for-profit MFI serving around 90,000 clients. GSMS would like to expand its operation by bringing significant percentage of managed portfolio on-board, to achieve its mission of providing a wide range of customized financial products as per the need of their clients. It is expected to grow at a reasonable rate to achieve a target of having loan portfolio of around Rs.120 crore with a branch network of 60 in five states by 2020.