Shri Saraswathi Credit Souharda Sahakari LTD. Puttur, DK
Cooperative is a product of decade long effort by the young Co-Operators of South Canara.
The economic empowerment through mutual Co-Operation is the motto of the organization. The Sahakari was inaugurated by then central minister Mr. Suresh Prabhu, on 2
September, 2001 in Puttur Town, birth place of Shri Molahalli Shiva Rao, Beacon Light & Co-Operative movement. The time of birth of the organization was, significant, as the district then was in the middle of Economic crisis, with the closure of many NBFCS, the prices of areca nut the main commercial crop of the district was at rock bottom.
Even with such adverse economic conditions the Sahakari could mobilize more than 500 members with a capital of Rs.10 lakhs.