New Life
Works for the women and their kids who are far lower in socioeconomic position than their peers into the mainstream
- Bronze Certified 2023
- FCRA
About
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Headquarters
Trichirappalli, Tamil Nadu
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Since
1993
It was started by a few like-minded individuals from a variety of fields, including social development, banking, medicine, and agriculture, who felt c Read moreompelled to work for the rights of women and children in particular, as well as the impoverished and oppressed in general. Creating a "new life" for the target population they would serve was the preferred choice available to these development practitioners from a variety of backgrounds. The goal is to integrate impoverished mothers and their offspring into the mainstream economy. strives to create a civic society where women, children, and young people drive social change and are founded on equality and social justice. It proposes an "Empowered civil society in marginalized community ensuring human right" .
Action
New Life MFI offers microcredit loans, savings accounts, and other financial products to help poor individuals start or expand small businesses and improve their livelihoods.
Cause Area
Impact
New Life MFI has provided microloans and financial services to thousands of poor women in rural areas of India, helping them become financially self-sufficient.
Vision & Mission
The vision of New Life MFI is to empower poor women through access to financial services and promote their economic and social development. Its mission is to provide affordable microfinance solutions to underprivileged communities.
Programs
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My Play School
Runs a Creche from 9 a.m. to 6 p.m. where infant can play and learn in a calm, safe, and secure setting by skilled caregivers. The early childhood center will be open from 9 a.m. to 12:30 p.m. After school, the child can also be dropped off at the creche.
The child's talents are fostered by qualified teachers, and you can take pleasure in watching your child grow while maintaining a steady career.
It runs at an affordable fee structure on a daily basis.
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Health Programme
Children in the target neighborhoods receive 7328 doses of albendazole and 7095 doses of vitamin A. Vitamin Angels supplied the medications to deworm and make up for the vitamin A shortage in children's diets. The youngsters from Bengaluru and Trichy districts were assisted by this effort. The Karnataka Chapter held medical camps at the Bengaluru orphanages.
Milestones & Track Record
New Life MFI has expanded its operations to multiple states in India and increased its client base to over 100,000 borrowers since its founding.
Leadership Team
M&E
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Internal, External Assessors
No
Policies
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Ethics and Transparency Policies
No
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Formal CEO Oversight & Compensation Policy
No
Political & Religious Declarations
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On Affiliation if any
No
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On Deployment Bias if any
No
Registration Details
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PAN Card
AAATN3247Q
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Registration ID
324/1993
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VO ID / Darpan ID
TN/2009/0002558
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FCRA
010140146
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CSR Registration Number
Not Available
Location
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Headquarters
1/12, Naadaar Street, Naadaar Chathiram Somarasam Pet (Via), Trichirappalli, 620102
Directions
Other Details
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Type & Sub Type
Non-profit
Society