Sri Kadakampally Surendran
Sri P. MummyKutti
T.C 25/357(4), Gandhari Amman Covil Road, Statue, Thiruvananthapuram
Regional office Kottayam
Njaliyamkuzhi, Vaakathanam P.O.
Regional office Thrissur
Near Thallappally Asst.Registrar Office, Wadakkancheri P.O
The Kerala Co-operative Development and welfare fund Board is established for implementing Co-operative welfare and development scheme as per section 57A of the Kerala Co-operative Societies Act 1969. Kerala Co-operative development and Welfare fund Board is constituted to administer the fund and implement the scheme as per GO (P) No.108/2000/Co-op dated 3-6-2000. The major mission of the board is to rehabilitate the weaker co-operative societies and also to implement development activities for the total up liftment of co-operative societies in the state. To achieve the above motto Kerala Co-operative development and Welfare fund has been established. The fund shall vest in and be administered by the board.
The board has been implemented a new scheme “Risk fund” during the 2008-2009 financial year. As per this scheme, if the loanee of Co-operative institutions is expired with in/after the loan repayment period, principal amount up to 1.50 lakh and the interest of the same will be paid by the board to the loan account of the loanee.