Shashwat Joshi, Chief Trustee of the City Montessori Group of Schools Trust, has expanded his services to include ACMS Nidhi Limited, a finance company aimed at helping the weaker sections of the society.
Elaborating on this, Shashwat Joshi told that our team has experienced people who have been providing their services in the banking sector for the past many years. By leveraging our experience in the fields of education and medicine, we potentially aim to offer tailored financial products and services that meet the specific needs of vulnerable populations. The move can help improve financial literacy, provide access to credit and loans, and promote economic empowerment among weaker sections of society.
While setting up a finance company, it is important for Shashwat Joshi to prioritize transparency, ethical practices and customer education. They must ensure that the financial products they offer are fair, accessible and in line with the best interests of their target audience. Additionally, building trust within the community will be critical to the success of their new venture.
Given that the Trust has a history of providing services in education and medicine, they may also consider offering financial education programs and workshops to empower their clients with the knowledge and skills needed to make informed financial decisions. Can
Overall, the expansion into the finance sector can be a significant step for CMS Trust in its mission to uplift and support the weaker sections of the society.