Grama Consumer Cooperative Society are primarily for consumers who wish to buy household goods at lower prices. The Grama Consumer Cooperative society buys goods or products in bulk amounts directly from the producer on wholesale rates and sells them to the members, thus eliminating the need for a middleman. The purchased goods are sold to members and non-members in cash. Capital is raised by issuing low denominational shares to the members who also get dividends on the shares. Grama Consumer Cooperative Society do not use advertising but rely on word-of-mouth. We ensure a regular supply of goods at reasonable rates. We set up stores or outlets to sell goods and avail huge trade discounts from producers. Some of the best.
Grama Consumer Cooperative Society also provide loans to members at low rates of interest, protecting the members from massive debts to traditional moneylending agencies. We serve a basic but highly personalized banking role in a sense. We have deposit schemes in forms of saving accounts, FD, RD, pension schemes, etc. The money procured is then given on loans to members as personal loans, agricultural loans, housing or vehicle loan, etc. Grama Consumer Cooperative Society are regularly aided by state and national government subsidies and funding.
Vision
Formed to provide consumer goods at reasonable prices, eliminating middlemen by purchasing directly from producers. Supports small producers by providing necessary production items such as raw materials and equipment. Assists small producers in marketing their products by collectively selling on their behalf.
Mission
Small farmers form these societies to gain benefits of large-scale farming. Provides financial assistance to members by accepting deposits and granting loans at reasonable interest rates
Our
Services
Grama Consumer Cooperative Society also provide loans to members at low rates of interest, protecting the members from massive debts to traditional moneylending agencies. We serve a basic but highly personalized banking role in a sense. We have deposit schemes in forms of saving accounts, FD, RD, pension schemes, etc. The money procured is then given on loans to members as personal loans, agricultural loans, housing or vehicle loan, etc. Grama Consumer Cooperative Society are regularly aided by state and national government subsidies and funding.
