Kottayam Public Library has the distinction of being the first Library to be established and run by the Public in Kerala and also the second largest Public Library in Kerala, the largest being the Trivandrum Public Library owned by the Govt. of Kerala. Membership in the Library has increased from the original 35 in 1882 to 894 Life Members, 927 Ordinary Members,2779 Subscribers and 18 Patron Members as on 1st August 2019. There are also 6 Institution Members.
It was a challenge for us to find funds for meeting our routine expenditure for running the Library needing several Lakhs, from the meagre receipts coming from subscription and fine, which will only be around Rs. 60,000/- a month. We were challenged further in finding funds for expansion programmes and projects. So throwing caution to winds we launched on to massive building projects, adding two more floors of 12000 sq ft. each and then two extensions on either side adding 21000 sq ft. in three floors. But the risk in losing the land pledged to the Bank was worth taking. It was a gamble and needed guts to go in for such a bold decision. Withscrupulous financial management and discipline we tided over a crisis situation. The saying that when the going gets tough the toughs get going came true in our case. We could pay off the E M I without a single default in all the loans we tookand extricated our library from the disaster of failure to repay. We could also get great tenants like the Rubber Board, Income Tax Commissionarates , C P W D and Intelligence Wing of Commercial Taxes Dept.,ensuringrental income with incessant flow. Now we have crossed turbulent waters and reached safe shores. The proverb nothing ventured nothing gained came prophetically true in our case. We could repay the Trust placed in us by the Public of Kottayam abundantly and in true measure.