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Jerry Kesselman Bank - 1
 
Calf Rearing
 
Location Keelamanakudi Village, Chidambaram ,Tamil Nadu
   
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The Group Annai Teresa SHG
   
Date of Loan Disbursement
August 2001
   
Loan Amount Rs. 60,000
   
Activity As this area is not suitable for Diary activity due to scarcity of water and fodder. The group has started Calf - rearing and breeding. The price of claves is around $ 80. Moreover, the requirement of feed and maintenance cost is very less. They send the calves for grazing in open land. At the appropriate time the calves will be ready for artificial insemination. Then they sell the calves for a good price, which is two, or three times more than the amount invested in buying the calves. This activity gives them some extra income. There is a delay in repayment due to the severe drought condition and monsoon failure during the last couple of years.
   

   
Hybrid Seed Production
   
Location Bodampatti Village, Kannivadi, Tamil Nadu
   
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The Group Annai Abirami SHG
   
Date of Loan Disbursement
February 2001
   
Loan Amount Rs. 13,360
   
Activity An interest free loan from the bank was given to this group. They produced okra (Ladies fingers) hybrid seeds and marketed them initially in collaboration with the Indo American Hybrid Seed Company. Now they are marketing on their own to local farmers. This has become a very good source of income for the group. The members of this group had undergone training on various aspects of hybridizing horticultural crops. A small portion of loan is outstanding due to internal Group conflict, MSSRF is addressing their issue.