Written by Tanisha Cardozo || Team Allycaral
The Panchgram Vikas Samitee’s Multipurpose Cooperative Credit Society has taken another step forward in strengthening Goa’s cooperative movement with the launch of its new branch at Honda, Sattari. The inauguration took place in the presence of ZP Member Shri Sagun Wadkar, Sarpanch Shri Shivdas Madkar, Panchayat Members of Honda, Asst. Registrar Shri Harish Naik, and Chairman Shri Datta Gawas.
This new branch marks the second in Sattari, following the successful establishment of the first in 2018. Over the years, the Society has demonstrated remarkable resilience and commitment, particularly during the challenging times of the COVID-19 pandemic, when it continued to support its members and contribute to the local economy.
What began as a cooperative with 800 members in 2018 has now grown to over 2,500 members — a reflection of the increasing trust, unity, and confidence within the community. The Society’s focus on financial inclusion, cooperative values, and self-reliance has made it a cornerstone of rural empowerment in the region.
The newly inaugurated credit counter at Honda is designed to make financial services more accessible to residents, allowing them to save valuable time, access credit facilities with ease, and avail of government and cooperative schemes without having to travel long distances. By bringing these services closer to the people, the Society aims to strengthen the local economy and support sustainable growth across Sattari.
With this expansion, the Panchgram Vikas Samitee reaffirms its commitment to serving the people of Goa and fostering a strong, cooperative-led model of community development rooted in trust, service, and progress.
