Shree Kshetra Dharmasthala Rural Development Project

Shree Kshetra Dharmasthala Rural Development Project (SKDRDP) is a charitable trust established in 1982, aimed at undertaking rural development activities in various parts of Karnataka.

skdrdp india



The organisation is promoted by Dr. D Veerendra Heggade (trustee of Shri Kshetra Dharmasthala – a renowned temple in the region). The trust had 122 branches with a portfolio size of Rs.2,567 crore as on September 30, 2013.

Performance on key parameters

  • The portfolio outstanding and borrower base has grown at a CAGR of 50 and 24 per cent respectively during the 3 years ended March 31, 2013
  • Asset quality is healthy, as evidenced by on-time repayment of more than 98 per cent of the receivables over the past three years
  • Was one of few MFIs that were able to raise funds regularly even during the Andhra Pradesh crisis. However, similar to other MFIs, its reliance on wholesale funding from banks is high
  • Capitalisation has improved over the past 2 years driven by increase in corpus; however leverage remains high. Although there has been infusion of about Rs.53 crore during 2012-13, the corpus remains small at Rs.90 crore as on March 31, 2013 in relation to its overall loan portfolio
  • Profitability is above-average, with return on managed assets of 2.5 per cent for 2012-13, up from 1.3 per cent for 2011-12. This is despite increase in operating expense ratio to 4.5 per cent in 2012-13 from 3.9 per cent in 2011-12

skdrdp india

Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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  1. kalandar dodamani

    August 9, 2014 at 9:31 pm

    sir i have n g o computer instute & placement cervis give any gvt scemes

  2. Murigesh

    October 11, 2015 at 9:37 pm

    It’s so good programs

  3. Sunil

    December 25, 2015 at 10:30 am

    It’s a rural development programs none of the leaders have done this scheme

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