Sampada SAMPADA
5 HUBS · MMR & PUNE
In this section programme performance financials governance
Financials · audited accounts

The cooperative’s accounts

Sampada is a registered women’s credit cooperative. Its accounts are audited every year by a certified government auditor, and the audit report is filed with the Registrar of Cooperative Societies.

This page sets out the audited figures for FY 2024-25, the provisional figures for FY 2025-26, how the health loans made since October 2023 are doing, and what a loan costs a member.

The audit for FY 2025-26 is under way. Its figures will replace the provisional ones once the report is signed.

THE INSTITUTION
REGISTERED14 AUG 2017
AUDIT CLASS, FY 24-25A
CAPITAL ADEQUACY17.61%
MEMBERS4,212
BORROWINGSNONE

Registered under the Maharashtra Cooperative Societies Act, 1960. Figures are at 31 March of the year shown, unless stated.

The accounts, FY 2024-25 and FY 2025-26

01 · BALANCE SHEET AND INCOME

In FY 2025-26 loans to members grew by about a quarter and members’ deposits by almost a third. The lending is paid for by members’ own deposits and capital. The cooperative has no borrowings from banks or other lenders. The FY 2025-26 figures are provisional and will be replaced when the audit report is signed.

₹ LAKH, AT 31 MARCH 2025
AUDITED
2026
PROVISIONAL
Loans to members159.46200.83
Health loans, unsecured94.45144.76
Health loans, gold-secured54.8553.01
Other loans, including those made before Oct 202310.163.05
Members’ deposits137.41180.28
Share capital12.7113.89
Reserve fund and other funds2.8621.95
Cash, bank and investments13.0341.32
Borrowings——
Balance sheet total177.88246.62
Total income for the year26.2958.02
of which, interest on health loans20.9235.50
Old loans written off—7.11
Profit for the year19.2120.10
AS FOUND BY THE AUDITOR · 31 MAR 2025
NET WORTH₹28.67 L
CAPITAL ADEQUACY (CRAR)17.61%
CREDIT TO DEPOSIT114.24%
OVERDUE LOANS4.96%
GROSS NPA4.71%
NET NPA4.38%

Almost all of the NPA came from loans made before October 2023, which were written off in FY 2025-26. See Figure 7. The auditor’s ratios for FY 2025-26 will be added when the audit is signed.

RATIOS WORKED OUT FROM THE ACCOUNTS ABOVE2025 AUDITED · 2026 PROVISIONAL
Loans to deposits
116.0% → 111.4%

Loans to members as a share of members’ deposits.

Own funds to assets
19.6% → 22.7%

Share capital, funds and the year’s profit as a share of the balance sheet.

Provisions to loans
0.4% → 3.4%

Bad debt fund and the provision on standard loans, as a share of loans.

Liquid funds to deposits
9.5% → 22.9%

Cash, bank balances and investments as a share of deposits.

OUR CALCULATIONS, NOT THE AUDITOR’S. THE AUDITOR WORKS SOME RATIOS ON A DIFFERENT BASIS, WHICH IS WHY 116.0% HERE AND 114.24% ABOVE DIFFER.

THE PROFIT

The profit is the cooperative’s own, earned from its lending, and is kept for the cooperative’s purposes. A quarter of each year’s profit goes to the reserve fund, as the rules require.

THE OLD LOANS, WRITTEN OFF

In FY 2025-26 the cooperative wrote off ₹7.11 lakh, the loans left from before October 2023, out of that year’s income. It still made a profit of ₹20.10 lakh.

THE AUDIT RECORD

The last three audit grades were B, C and A. The FY 2024-25 audit found no fraud, no financial loss and no disqualified director. The board met every month.

FIGURE 7
Where the 4.71% comes from
The auditor sorted every overdue rupee by how long it had been overdue. Nearly all of it is from loans made before October 2023, under the earlier management, which fell behind during the Covid years. All of it is backed by guarantors. The health loans began in October 2023, and they are a separate book. The old loans were written off in FY 2025-26.
ALL OVERDUE LOANS AT 31 MARCH 2025 · ₹7,90,250 ₹7,51,306 · 95% Overdue for more than three years Loans made before October 2023, under the earlier management. They fell behind in the Covid years. All are backed by guarantors. Overdue for less than a year: ₹38,950 About 0.24% of all loans outstanding. Nothing was overdue for between one and three years. AMOUNTS FROM THE FY 2024-25 AUDIT · THE 0.24% IS OUR CALCULATION: ₹38,950 OF ₹1,59,45,950 IN LOANS

The health loans since October 2023

02 · THE LOAN BOOK

These figures cover only the loans made through the hubs. Every loan passes the three checks described on the model page: a credit score check, a doctor’s review of the treatment and its cost, and a home visit.

LENT IN FY 2025-26
₹3.12 Cr

874 loans, with ₹3.20 Cr collected in the same year

OUTSTANDING, 31 MAR 2026
₹1.98 Cr

still to be repaid by members on live health loans

MORE THAN 30 DAYS LATE
1.25%

of the outstanding amount, at 31 March 2026 (PAR 30+)

THE FIRST YEAR, OCT 2023 – OCT 2024

Every loan made in the first year was repaid in full, and every instalment was paid within 30 days of its EMI date.

What a loan costs a member

03 · CHARGES

Every charge is written into the key facts document that the member signs at the home visit, and explained to the family before any money moves.

THE CHARGES ON A HEALTH LOAN
Interest, per year, on the reducing balance9–21%
Processing fee, once2%
Contingency fund, once3%
Building fee, once1%
Late payment, per day₹30

Interest is charged only on the amount still owed, so it falls as the loan is repaid. Unsecured loans run from ₹5,000 to ₹30,000 (₹40,000 for a repeat loan) and sit at the higher end of the range. Other loans above ₹30,000, up to ₹5 lakh, are secured against gold and sit at the lower end. The one-time charges apply to both.

AN UNSECURED ₹30,000 LOAN FOR 12 MONTHS, AT THE TOP RATE
Interest at 21% a year, reducing₹3,521
One-time charges, 6%₹1,800
Total cost to the member₹5,321

Twelve monthly instalments of ₹2,793. The same ₹30,000 from an informal lender at 60–120% a year, worked out the same way, would cost about ₹10,600 to ₹22,800 in interest alone.

READ ON

How these loans are made.

The figures on this page come out of a lending process with three checks on every loan, and health services that keep the loan as small as it can be. Both are set out in full on the pages below.

HOW THE LENDING WORKS HOW THE SERVICES KEEP LOANS SMALL WHO GOVERNS THE COOPERATIVE

The documents behind these figures

04 · ON REQUEST
STATUTORY AUDIT · FY 2024-25

Class A

K. R. Temkar, Certified Government Auditor, panel C1, registration 18153. Signed 28 July 2025 and uploaded to the state cooperative department’s portal, mahasahakar.maharashtra.gov.in.

STATUTORY AUDIT · FY 2025-26

Under way

The figures, the class and the auditor’s name will be added here when the report is signed.

REGISTRATION

T.N.A/DDR/RSR/CR/1747/2017

Registered 14 August 2017 under the Maharashtra Cooperative Societies Act, 1960. Area of operation: Thane, Greater Mumbai, Raigad and Pune districts.