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Andhra Pradesh Women’s Cooperative Finance Corporation Ltd (APWCFC) popularly known as Women Development Corporation of Andhra Pradesh for the rest of India is a Government of Andhra Pradesh undertaking and functions as a part of the Department of Women Development, Child and Disabled Welfare was established in the year 1975 registered on 18/03/1975 wide T.A.No.693/75 under the provision of section 7, of AP Co-operative societies Act.1964.with the aim of empowerment of women on the eve of International Women’s Year.
Andhra Pradesh Women’s Cooperative Finance Corporation Ltd (APWCFC) being the front –runners in promotion of economic activities among the rural women in Andhra Pradesh, selects poor rural women in the districts of Andhra Pradesh through their Mahila Vikasa Kendrams (Women Training Centers) and provides skill development training in marketable trades with the support of A P State Govt, NABARD, SIDBI, and Govt of India through the Women & Child development department under different schemes, for promotion of different traditional and non-traditional economic activities among the poor and deprived women.
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Every citizen has a right to participate and benefit from national economic development. However, for most women, this right is denied because of their lack of economic self-reliance, access to employment and appropriate working conditions, and control over economic resources, land, capital and technology, the removal of all obstacles that hinder women's economic empowerment to enable them to enjoy their economic rights and achieve equality in access to, and participation in economic structures and policies, the Andhra Pradesh Women’s Cooperative Finance Corporation has a transformational development agenda, and operates from shared principles and values.
The Corporation believes that poor women are dynamic economic agents, not passive beneficiaries of social services, and that successful economic development has women as its focus. Corporation shares commitment to building financially sustainable integrated services for rural women. It supports local initiative, and trust that local practitioners and institutions are best able to decide the right service, as well as the most appropriate delivery mechanisms, that will move the rural women from survival to growth.
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