Belstar Microfinance Limited provides Rs. 6.50 lakhs to Empower Visually Impaired young women through education and technology with the support of Thaaikarangal Charitable Trust
CHENNAI (India CSR®.) – Belstar Microfinance Limited, a subsidiary of Muthoot Finance Limited, has contributed Rs. 6.50 lakhs to Thaaikarangal Charitable Trust, Choolaimedu, Chennai, reaffirming its commitment to supporting vulnerable and underserved communities. The donation will support the Trust’s day-to-day operations as well as its planned infrastructure expansion, enabling it to continue its remarkable work in empowering visually challenged individuals through education, accommodation, skill development, and career support.
A Beacon of Hope for the Visually Challenged
Established in 2019 by Dr. Thayarammal, with the support of. R. Raja, Balamurali, and Padmavathy Anand, Thaaikarangal Charitable Trust is dedicated to enhancing the lives of visually challenged girls from economically disadvantaged backgrounds. The Trust provides education, accommodation, and essential support services completely free of cost, relying solely on contributions from donors and well-wishers.
Over the years, Thaaikarangal has played a pivotal role in helping visually impaired women gain access to higher education and employment opportunities. As of 2026, the Trust has supported more than 50 visually challenged women, many from rural communities, in completing their college education and securing meaningful employment.
Beyond educational assistance and housing, the Trust facilitates travel arrangements, conducts workshops on digital literacy and assistive technologies, provides career guidance, and connects beneficiaries with prospective employers. These initiatives help ensure that the women lead independent, dignified, and self-reliant lives.
Building on its success, Thaaikarangal has also established a temporary hostel facility for visually challenged men preparing for competitive government examinations, extending its impact to a wider section of the visually impaired community.
Speaking on the occasion, J Balakrishnan, Whole Time Director & Chief Executive Officer, Belstar Microfinance Limited, said, “At Belstar, our commitment extends beyond providing financial services. We believe that meaningful social welfare initiatives are essential for building resilient and inclusive communities. Supporting organizations such as Thaaikarangal Charitable Trust aligns with our mission of empowering underserved individuals and creating lasting social impact. We are honoured to contribute to this noble cause and remain committed to supporting initiatives that enhance the well-being of underprivileged communities across Tamil Nadu.”
Expressing his appreciation for the contribution, Dr. R. Raja, President and Managing Trustee of Thaaikarangal Charitable Trust, thanked Belstar Microfinance Limited and its leadership for their generous support. He noted that the donation would significantly strengthen the Trust’s ability to achieve its mission and expand its services to benefit more visually challenged individuals.
The Belstar Microfinance Limited
Belstar Microfinance Limited, a subsidiary of Muthoot Finance Limited, is one of the fastest-growing microfinance companies in India. The company is focused on driving financial inclusion across the country by furthering entrepreneurship and economic empowerment of women and maintaining its status as a truly customer-focused, ethical NBFC-MFI.
To cater to the needs of our customers, we offer a wide range of loan products, including micro-enterprise, small enterprise, consumer goods, festival, education, and emergency loans through our extensive microfinance branch network across 19 States and 2 UTs. We offer gold loans through exclusive branches in Tier II and III towns across Tamil Nadu, Andhra Pradesh, Telangana and Karnataka.
We are one of the Top 10 NBFC-MFIs, with a strong credit rating of “AA/Stable” from CRISIL. Our operations are backed by an ISO/IEC 27001:2022 Certified Information Security Management System, demonstrating our commitment to data security and governance. Our business model is unique in microfinance as it strives for a double bottom line approach by targeting both financial performance and social transformation.
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