KERALA FINANCIAL CORPORATION AND
CORPORATE SOCIAL RESPONSIBILITY

KFC has done a yeoman service in building micro, small and medium industries in the State of Kerala with a financial assistance of more than Rs.3,000 Crores to 40,000 units since inception. Now we are stepping out from our traditional operational area to the vast arena of corporate social responsibility. We have realized that apart from bringing in progress, prosperity and consequent employment generation through financing the units, corporate social responsibility will take care of the marginalized segment society. With this vision we have formed KFC-CARE – (Kerala Financial Corporation – Centre for Assistance and Rehabilitation) a Corporate Social Responsibility Cell on 14th November, 2007 which was duly inaugurated by Dr. T.M. Thomas Issac, the Hon. Finance Minister of Kerala at a spectacular ceremony organized at Kanakakkunnu Palace, Thiruvananthapuram

The first venture of KFC-CARE was to help the mentally challenged children of Bala Vikas, Peroorkada, Thiruvananthapuram by providing them required machinery and training for the manufacture of office files, paper carry bags etc. For this purpose, we have provided required machinery and the products manufactured by them will be purchased by the Corporation for its own use. This maiden act of Corporate Social Responsibility Cell on the Children’s Day was launched by Smt. Sreemathy Teacher, Hon. Minister for Health. We have also supported 7 orphan girls for continuing their higher education after +2 through a scholarship floated by the All India Management Association. These nominees were selected by the Government of Kerala at our request.

The launching of the Corporate Social Responsibility Cell (KFC-CARE) is the first act of social responsibility commitment being undertaken by any SFCs in India and any public sector undertakings in Kerala. This reflects our social commitment and concern for the society. This act is a social face lift for this organization.