Lakhimi Baruah started the Konoklota Mahila Urban Cooperative Bank in 1998 in Jorhat, Assam, to help women from underprivileged backgrounds become financially independent and secure.Lakhimi Baruah was named as one of the recipients of this year’s Padma Shri awards for 2021 in recognition of her efforts to financially empower the Assamese women.Baruah is the founder of Konoklata Mahila Urban Cooperative Bank that has provided credit to thousands of women and made a positive change to their lives in Jorhat, Sivasagar and Golaghat districts.After working for more than a decade in the region, Lakhimi realised that to bring a change, she had to start a bank. It is a bank for women and run by women.
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