The Human Welfare Credit & Thrift Co-Operative Society Ltd (HWCTCSL) is a financial institution registered under the Multi-State Cooperative Societies Act, 2002, and regulated by the Government of India. Its primary mission is to support cooperative businesses and networks, promoting a prosperous and equitable economy for all members. The society operates under a vision of a democratically-owned and just economy where everyone can fulfill their needs.
Key Features and Functions:
- Financial Services:HWCTCSL offers a range of financial services to its members, including savings accounts, loans, and other products tailored to their needs.
- Social and Economic Betterment:The society focuses on promoting social and economic betterment through self-help, aiming to improve the standard of living of its members through various financial services.
- Promoting Thrift and Savings:HWCTCSL encourages thrift and savings among its members, aligning with the principles of cooperative societies.
- Education and Awareness:The society plays a role in educating the community and raising awareness about the benefits of the cooperative sector.
- Knowledge and Resource Center:HWCTCSL aims to be a knowledge and resource center for cooperatives in India, facilitating knowledge exchange and mobilization among members and stakeholders.
- Technology-Driven Services:The society utilizes technology to provide efficient and accessible financial services to its members.
Values:
HWCTCSL operates under a set of core values, including:
- Cooperation, Equity, Justice, and Fairness.
- Integrity, Honesty, and Transparency.
- Respect, Inclusion, Patience, and Trust.
- Wellness, Environmental Justice, and Responsibility.