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Co-operative society


The JAGRUTHI MUTUALLY AIDED Co-operative Thrift Society Ltd. is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. JAGRUTHI is a co-operative society works on the principle of self-help as well as thrift and credit. The Co-operative Society Registered under Andhra Pradesh Mutually Aided Co-operative Societies act 1995. The co-operative society is formed with the idea of mutual co-operation.

The JAGRUTHI MUTUALLY AIDED Co-operative Thrift society is forming a legal entity to conduct business besides forming a company. It pools together human resources in the spirit of self and mutual help with the object of providing services and support to members.

The JAGRUTHI MUTUALLY AIDED co-operative Thrift society co-operative society Principles under which a co-operative society operates and carries out its business are :-

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 co-operatives.

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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