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Legal Vehicle

JAGRUTHI is registered as a Mutually Aided Cooperative Society and the Andhra Pradesh Mutually Aided Cooperative Societies Act, 1995 AND WAS REGISTERED AS A FIRST MACS CO-OPERATIVE SOCIETY IN THE DISTRICT, HAVING REGISTER NUMBER AMC/VSP/95/1. It has corporate body status, further bestowed with the virtues of autonomy and functional independence on par with companies, besides enjoying all the privileges and rights of a cooperative as available under the cooperative laws. The major restrictions are that a) it has to function within the state of Andhra Pradesh, b) it cannot take equity from governments, and finally c) it cannot provide services to non-members.

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

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