Muthoot M George Foundation Launches Muthoot Vivaha Sammanam to Support Widowed Mothers Financially for their Daughters’ Matrimonial Needs

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Chennai, December 31, 2020: Muthoot Finance Ltd, India’s largest gold loan company through its Corporate Social Responsibility wing, Muthoot M George Foundation, launches Muthoot Vivaha Sammanam. The objective of the programme is to support widowed mothers to meet the matrimonial needs of their daughter. The event took place at Hotel Gokulam Park – Ashok Nagar, Chennai

The event was inaugurated by V. N. Ravi. B.A.- MLA, (District Secretary – AIADMK, South Chennai) in the presence of  Egai. G. Seenu – (Chairman) Satyamurthy Cooperative Society, Chennai and Sareesh, Zonal Head, North Tamil Nadu. The event further witnessed felicitation speeches by Manikandan Regional Manager, Chennai South, B. Arun Regional Manager, Chennai Central, Muthoot Finance Ltd.

Speaking at the event, Sareesh, Zonal Head, North Tamil Nadu said, “We at Muthoot Finance are committed to give back to the society. The Company has been distributing financial aid for the marriages of underprivileged families through Muthoot M. George Foundation.”

The scheme has already been implemented in Kerala, Karnataka and Hyderabad. Under the project, the company has been providing financial assistance of Rs 1 Lakh each to 12 girls from Chennai and its suburbs.  In FY 2019-20, The Company spent a total of Rs 48.50 lakhs as marriage assistance.