Payaswini Chits Private Limited

Our place is on Mavungal Road in Kanhangad, which is up in the Kasargod district. The address is 3/3166 and 3171. It is a busy road and there is always something going on outside our windows. We are a private chit fund company. We have been here for some time now, working with the local people in Kanhangad. Most of our members are farmers, small shop owners, or people working in the nearby towns. Kasargod is a nice place to work because everyone knows everyone else. We do not spend money on big posters or radio ads. Most people find out about Payaswini Chits from their cousins or friends who already have a chit running with us. When someone needs money for their kid's education or to fix up their roof, they come and talk to us. We sit down and look at the numbers together. It is all very informal but we make sure the records are right. The office is just a plain room with some files and a computer. We have a few staff members who go out and meet people, but most folks just drop by the Mavungal Road office. Kerala is famous for these kinds of chit funds, and we are just one of the many small ones trying to help the local community stay on their feet. It is a basic system that has worked for us and our members for a long time.