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Co-operative society

JAGRUTHI MUTUALLY AIDED Co-Operative Thrift Society Ltd. is an autonomous association of persons united voluntarily to meet common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise. It is registered under Andhra Pradesh Mutually Aided Co-operative Societies act 1995, as a cooperative society to work on the principles of self-help, thrift, and credit via mutual co-operation.

JAGRUTHI MUTUALLY AIDED Co-Operative Thrift Society is also a legal entity to conduct business besides forming a company pooling together human resources in the spirit of self- and mutual-help with the object of providing services and support to its members. JAGRUTHI MUTUALLY AIDED Co-Operative Thrift Society carries out its business under the following principles:

a. Voluntary and open membership

b. Democratic control, one member one vote.

c. Autonomy and independence

d. Promoting economic activities

e. Promoting education and information technology

f. Co-Operation among such societies 

g. Concern for the social and ecological environment

The Members of JMACTS are mainly women with family businesses. They are in regular need of finances to run or expand their businesses.

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