Promotion of Financial Awareness & Literacy Programme

People served by SMCS are mostly daily wage earners, marginal farmers, fisher community, petty traders etc. and are below poverty line. Because of poor communication and infrastructure facility very often they are the last ones to get any benefits of Government programs. Poor infrastructure and inadequate marketing avenues results in low household income. The mainstream agencies are far way from these poor families and ‘Financial inclusion’ remains a mirage for them.  Financial literacy, capacity building training/awareness etc. are yet to reach these poor inhabitants.

SMCS has organized them under the banner of Self Help Groups (SHGs). Capacities building of the poor through awareness generation, training orientation, exposure to the best practices, providing financial and marketing support etc are the main thrust area of SMCS. SMCS has conducted training programs on financial literacy, Group management, Financial Management, Leadership skills, micro-enterprise promotion and skill building for the poor. It has taken initiative to impart skill based income generation training programme through mainstream Training Institutions like RUDSET, Food and Extension Unit, Govt. of India etc. Besides, Through these programs SMCS also provides credit counseling and information on parameters like saving habit, better utilization of savings, credit utilisation, asset creation, insurance, income generation etc.

Activities at a glance of SMCS

1.       Conducted Exposure program of 15 Community Leaders from Tejpur Social Service Society (TSSS) from 5.3.12 to 7.3.12.

2.       Exposure visit of staff of Shakti Foundation for disadvantaged women of Bangladesh from 24.10.07 to 30.10.07 (jointly with CYSD)

3.       12 Officers of Central Bank of Sri Lanka and two officers from RBI through College of Agricultural Banking, Pune (of RBI) came on exposure visit to SMCS from 10.12.06 to 14.12.06 (Central Bank of Sri Lanka letter dated 8.1.07 enclosed)

4.       SMCS conducted NABARD and CAB, Pune collaborative exposure training on “Financing SHGs for senior bankers of the country from 22.2.07 to 24.2.07 (Copy of RBI letter D.O.No. CAB/641/ 09.04.02/EP-SHG-4/2006-07 Dt 1.3.07 enclosed)

5.       National Institute for Rural Development (NIRD), Hyderabad sends each year to SMCS trainees from foreign countries for about a week on Exposure visit on “ Rural Credit for Poverty Reduction”

    1.          23 foreign trainees from 16 countries  were with SMCS from 7.3.11 to 12.3.11
    2.        20  foreign trainees from 14 countries  were with SMCS from 21.2.12 to 25.2.12

             c.          19 foreign trainees from 14 countries  were with SMCS from 27.12.12 to 31.12.12

Intern Program with SMCS:
  1. from 22.7.08 to 7.8.08 by Shri Rook Sahu, student of Clements High School, Sugar Land IX, USA
  2. Bidisha Satpathy from KIIT Law School had one month summer internship in June 2008
  3. Miss Dininno Cristina, PG Student in International Co-operation & Planning for Development of the University of La Sapienza, Rome-Italy for two months as Intern.
  4. Ms.AnThi Ha, student in Master in International Development,  University of Birmingham had Internship with SMCS on “Assets-based Community Development in Rural Community” in the year 2010-11
  5. A.V Birla Jana Seva Trust had sent their Rural Development Staff and promoted SHG members  on field visits to SMCS from 19.12.06 to 21.12.06
  6. RBI had sent Shri JnaniJidendra Bhoi selected under their Young Scholars Award Scheme to SMCS for exposure study.
  7. Management students (normally on rural management) from IIM, KIIT, Utkal University, Amity Business School, Madhusudan Institute for Co-op Management, HDF School of Management, Asian School of Business Management, IGNOU, EDPI, XIMB etc come to SMCS for their internship
  8.  Women SHG Convention cum Training cum Exhibition of SHG products are conducted each year for 3 days which about 1000 women SHG members attend, about 100 women get training and SHGs and their members exhibit and sale SHG products through 20 stalls.


  • Exhibition:

The women SHGs exhibited their own products starting from handicrafts, handloom, food items, phenyl, agarbati, candle, jam, jelly etc in 20 stalls put up for the purpose in the SHG Convention. SMCS has put up a stall on Kiosk Banking of State Bank of India. All had brisk business with good crowd response.


  • State Level SHG Convention of Sa-Dhan

A State Level SHG Convention on “Responsive Finance for Inclusive Growth” was organized by Sa-Dhan Odisha Chapter on 22nd and 23rd February 2013 at Adivasi Ground, Bhubaneswar. SMCS took active part in the organization of the Convention. The two-day convention witnessed participation of more than 2500 women members of SHGs, Self Help Cooperatives, functionaries of Micro Finance Institutions, SHPIs and NGOs. SHGs and Cooperatives installed exhibition cum sales outlets of their products in the Convention.

  • Blood Donation Camp

A blood donation camp was organized on 18.12.2012 where 20 staff, Field Facilitators, borrowers and others donated blood. Mr. Soumya Ranjan Pattanaik, Editor “The Sambada” inaugurated the Blood Donation Camp and spoke on the occasion. Shri Praveen Gupta, Chief General Manager, State Bank of India also visited the Blood Donation Camp and encouraged the donors. Ama Odisha, a sister organization of The Sambada provided logistics for the camp.


  • Green Initiative:

“Green Initiative in Corporate Governance” announced by the Ministry of Corporate Affairs, Govt. of India allowing paperless compliances by companies through electronic mode. Companies are now permitted to send various notices/documents to its shareholders through electronic mode to the registered e-mail addresses of shareholders (Circular No17/2011 Dt 21.04.2011 and 18/2011 dt 29.04.2011)

With a view to lending support to the environment friendly initiative and keeping in view the underlying theme in the circular issued by MCA, SMCS has decided to send all documents to the shareholders and Directors like Meeting notices (including AGM), Audited Financial Statements, Director’s Report, Auditor’s Report etc. in electronic form, to the e-mail address provided by them.

These documents will also be available on SMCS website for down load by them. Printed copy of the Annual Report will also be available at the Head Office of SMCS for inspection during office hours.

Documents in physical form will be made available free of cost to those shareholders who want the same.

Besides the above, correspondences with SMCS branches, credit centers are now being made through electronic e-mail as far as possible saving valuable paper.