| “WHERE THERE IS SERVICE THERE IS THE WAY OF LIFE “ |
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| Farmers service Co-Operative societies were organized in our country on the recommendation made by the National Commission on Agriculture with a main object of providing integrated credit and services to farmers. Syndicate Bank being pioneers in agricultural lending took keen interest in sponsoring Farmer Service Co-operative Societies in our state. RYTHARA SEVA SAHKARA SANGHA (N), SINGANAYAKANAHALLI is one such societies sponsored by the Bank during 1976. 9 Weak Societies amalgamated to Singnaykanahally Society. Weak Societies are not in a position to cater the needs of Farming community. Singnayakanahally society commenced its Business in December, 1976. The Financing Bank provided required managerial expertise by deputing one of their officer to work as Managing Director of the society. Government of Karnataka provided the Services of Agriculture Department by Deputing one Technical Officer and two Agriculute Assistants to work in the Society. |
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| The Society started its operation in December 1976; accordingly a comprehensive survey is done in 48 villages to identify the members and registered them as members of the society. The Society is covering 1710 Hectares of area the jurisdiction of the society. The small farmers, agricultural labours, village Artisans are enrolled as members of the society. The farmers are engaged in agriculture only by rain water and tank water. During Kharif they grow Ragi, Paddy and Vegetable crops. Most of the small farmers had difficult economic conditions and they had to work as labours to sustain them selves. In 1976 society has opened one more branch in yelahanka. Agriculture loans, supply of inputs, field demonstrations, and training programs were carried out. The society also had drawn the support of University of Agricultural Science, IIHR Hesgaraghatta to create a revolution in agriculture. Especially all the small and marginal farmers were provided with short term and medium term loans. The advanced technology was made available by digging Borewells and open wells for irrigation which helped conversion of dry land in to cultivatable land. |
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| The society also supported land less labours to become economically self reliant by providing them Loans for sheep rearing, piggery, poultry, dairy loan etc. |
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| 1978 with the support of all the Govt. Department the Bank organized a loan Mela headed by the Co-operative Minister at Harohalli village and on-spot registering membership, on-spot sanction, on-spot disbursal of loans which was highly appreciated by one and all. |
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| Agriculture loans to members, technical assistance, sale of agriculture inputs, training camps are the main objectives of the societies. With only 2215 members and 1.12 lacks share capital and Society was running under loss. Through constructive activities and focused execution by the Management gradually the society turned into a Model cooperative society. |
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| In 1982 the society started to provide members consumer durables goods at concession rates and in 1998 the society was converted in to a bank. |
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| Today fully developed society has 6 full pledged branches, own Buildings NCDC assisted Godowns and is carrying out banking activities. By implementing different deposit schemes with own investments became self sufficient. The society has not taken any loan from the financing bank for the last 10 years. |
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| On 26-07-2007 at the Centnary celebration of cooperative movement the society awarded “Best Working Co-Operative Society”. The president and Chief Executive were felicitated by Mr. G.T. Devegowda honorable minister for Co-Operation and Sri. N.C.Nanaiah, one of the pioneering personalities of the Co-operative movement. |
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| On 14-11-2007 at the 54th all India Co-operative Week Mrs. Vanishree Vishwanath our president was recognized and felicitated as “Best Woman President“ in Co-Operative Societies. |
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| On 19-11-2008 on the occasion of 55th All India Co-Operative week Mrs. Vanishree Vishwanth our president has honoured “The Best Women President” and also Mr. K.Krishna Bhat was honored “The Best Secretary“ award. |
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| Every year the member loans are encouraged the repayment situation is also very healthy for the last 3 decades the members of the society have become economically strong able to give better education to their children and have constructed own houses and living better livings, VIPs from different states and countries have visited the societies. Now a days the society has been disbursing loan for different activities like agricultural production loan horticulture, Sericulture, animal husbandry loans, jewel loans, tractor and power tillers, education loan, SHG Loans, Farm House Loans, Self Employment Loans, Consumer Loans, Solar Loans etc. society has got a mini lorry which helps farmers to avail cheap transport facility for their agriculture produce. |
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| The society has financed poor farmer’s, agricultural labours especially SC/ST Members by providing them subsidy loans under Govt. schemes like SJSY Subsidy, SCP Subsidy, Udyogini and Asare scheme for woman members. |
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| With the Cooperation of university of agriculture sciences, Bangalore Kakkehalli village is adopted and all members were given agricultural loans and other support also. |
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| Recent developments as per the directions of Govt of Karnataka Department of Co-operation 380 women self help groups are organized from the society and loans are disbursed Rs. 3 to 5 lakhs per group. Society has Financed Government Schemes like Udyogini & Asare, nearly 400 SHG Group women members financed with Government Subsidy for self employment. Society has provided 15 high-tech model Vegetable and fruit selling Cart Department of Horticulture provided Rs. 10000-00 subsidy for each Schedule Cast Members. Society has arranged women training programmes, tailoring, Sericulture Cocoons decorative art and also mushroom culture. Society has engaged itself in social objectives like rain water harvest re-energisation of failed bore wells. Society has organized health camps like Heart Checkup Camps, eye camps and animal health checkup camps. Society is engaged in honouring “Prathibha puraskara” for SSLC and PUC toppers from among members children our society with all branches are computerized. Our head office building is constructed recently on latest designs. |
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| The society is committed to realize Mahathma Gandhiji’s “Dream of empowering villages and socio-economic upliftment of poor is possible only by the Cooperatives”. |
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