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IIT Japan Allumni Association bank
 
Paddy/rice retail business
 
Location Niyamatpur/ Kendrapara
   
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The Group Baba Akandal Mani SHG
   
Date of Loan Disbursement
January 2006
   
Loan Amount Rs. 55,000
   
Activity The group is venturing into Paddy/rice business for income generation. In harvest season, paddy can be purchased at affordable price by the SHG members. The SHG group members will boil it and convert it into Boiled rice and sell it with a margin of 16%. The group has got a clearly worked income generating equations. The Group has assured market and income from this venture.

1. Technology – Traditional rice boiling methods and groups has sufficient knowledge of this method.
2. Market – Assured market, as rice is a staple commodity and the group members will be able to earn the minimum support income.
3. Management – Continuous facilitation is being provided by MSSRF

This enterprise had provided an income earning opportunity for the group members; this income helped them in improving their economic status and in providing their children with better nutritious food, education and housing. The group is able to repay the loan installment regularly.