S3IDF & SELCO Partnership
S3IDF begins partnership with SELCO to facilitate access to sustainable and clean forms of energy
FPC provision added to the Companies Act
In 2003 a provision for setting up Farmer Producer Companies (FPCs) is added to the 1956 Companies Act, which identifies FPCs as the most appropriate institutional form around which to mobilize farmers to build their capacity and collectively leverage production
1st loan leveraged by S3IDF
To support micro clean-energy enterprises in the Dakshina Kannada and Udupi Districts of Karnataka, S3IDF provides its first loan guarantee on the behalf of an entrepreneur to facilitate access to formal financial services. These micro entrepreneurs provide street vendors with
S3IDF Offices Begin Official Operation
As the S3IDF concept is finalized and the agreement on a market-based, business-like non-profit structure agreed upon, the founding group sets up an office in Cambridge, MA USA and applies for and receives US IRS charity status. The founders then make
