FOUNDER MESSAGE

When the code of conduct is concerned several actions were brought into practice to make sure that WDF inclusive of 158 Janashakthi Banking societies evolve good governance since it is a member based organization. In concerned with the safety and security of members, I am pleased to state here that the total payments made under insurance schemes was (US $ 66,400) Rs. 8.3 million in 2013, granted for 1450 policy holders. Since over-indebtedness can create burdens to the client WDF executes thoroughly the procedures introduced to assess the ability to repay each loans prior to their disbursement.

On the whole, at the end of year 2013 WDF could hold it`s net worth of (US $ 5.16 million) Rs. 645 million becoming a well-to-do people`s entity. Also it is noteworthy to mention here that WDF`s Microfinance approach has gone beyond the minimalist approach and it has continued a volume of social performance activities, such as anti-alcohol campaigns. Finally, let me express my thanks and appreciation to our fellow advisors, Executive members, all the staff and the staff of stakeholder institutions, members and I am confident that we have sufficient resources, skills to continue to deliver sustainable and equitable growth in the years ahead.

inimalist approach and it has continued a volume of social performance activities, such as anti-alcohol campaigns. Finally, let me express my thanks and appreciation to our fellow advisors, Executive members, all the staff and the staff of stakeholder institutions, members and I am confident that we have sufficient resources, skills to continue to deliver sustainable and equitable growth in the years ahead.