Association of Karnataka Microfinance Institutions (AKMI) inaugurated its Financial Literacy Program and Customer Grievances Redressal Cell in Bangalore on 12 November 2011. The inaugural ceremony was attended by dignitaries, MFI customers, staff members and media representatives.
Explaining the salient features of Customer Grievances Redressal Cell, Mr. Suresh Krishna, Secretary AKMI and MD- GFSPL said that any borrower of any MFI in Tumkur District may approach the Tumkur District Customer Grievances Cell in connection with their problems like staff misbehavior, charging of higher rate of interest or any unreasonable delay or denial in microcredit. If the problem is not solved at District level they may also approach grievances redressal cell at AKMI Headquarters in Bangalore.