Under the leadership of Chandrakant Birajdar, “Jagat Jyoti Multistate” is becoming the new identity of rural economic empowerment.

The cooperative movement of Maharashtra has a strong and inspiring identity across the country. It is working to carry forward this cooperative tradition with modern thinking and social responsibility. Jagat Jyoti Multistate Co-op Credit Society Limited, Latur. Chairman Shri Chandrakant Gurunath Birajdar Under the visionary leadership of this institution has today become an important center of economic empowerment in rural and semi-urban areas.

Based on the basic mantra of “Everyone’s participation, everyone’s development”, this institution is not limited to providing financial services only, but is continuously working towards making the economically weaker sections of the society self-reliant. Especially by providing financial assistance to farmers, small traders, laborers, women savings groups and lower middle class families, the organization has worked to bring positive change in the lives of thousands of people.

Jagat Jyoti Multistate was established at a time when the dominance of private moneylenders was increasing in rural areas. Due to excessive interest rates, farmers and needy people were getting trapped in financial crisis. With the aim of finding a solution to this problem, this organization was started with the spirit of cooperation. This organization, which initially started with limited capital and less members, is continuously expanding today on the strength of trust, transparency and service spirit.

Various types of loan schemes are being operated by the institution, prominent among which are salary based loan, gold wire loan, vehicle loan and financial assistance for small businesses. Through these schemes, financial assistance is provided to the needy people at low interest rates with simple terms.

Apart from this, the institution has also started schemes like Pigmy Deposit, Recurring Deposit, Fixed Deposit and “Daam Dupatta” to encourage savings. These schemes have strengthened the sense of economic security and savings among small investors and rural families.

Keeping pace with the digital age, Jagat Jyoti Multistate has also adopted modern banking facilities. The organization’s mobile app provides facilities to members like balance check, fund transfer, UPI, NEFT, bill payment and mobile recharge from the comfort of their homes. Digital transactions are made secure through secure OTP and PIN based technology.

Chairman Shri Chandrakant Gurunath Birajdar believes that cooperative is not only an economic system but also a medium of social change. With this thinking, the organization is also paying special attention to women empowerment. By providing micro loans to women self-help groups, they are being encouraged towards self-employment and economic independence.

Today, even amidst the increasing competition from private banking and NBFC companies, Jagat Jyoti Multistate has maintained a strong relationship of trust with its members. The organization’s transparent functioning, social commitment and policy that gives priority to member interests have given it a distinct identity in the cooperative sector.

This journey of Jagat Jyoti Multistate Co-op Credit Society is an inspiring story of struggle, faith and social service. Under the leadership of Shri Chandrakant Gurunath Birajdar, the organization is continuously working to take rural development, economic empowerment and cooperative movement to new heights in the future.