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JGH Memorial Bank
 
Readymade Garments unit
 
Location Veeramapattinam, Pondicherry
   
Geographical Map Click for Map
   
The Group Arpudhavanam SHG
   
Date of Loan Disbursement
October 2004
   
Loan Amount Rs. 51,000
   
Activity With an interest-free loan of Rs.51, 000 and their contribution of an equal amount, the group has started a Readymade Garments unit. Out of 14 members 6 members know tailoring and remaining have offered their services in working in the unit in various suitable capacity. One of the members is a 'Tailoring master' and has considerable experience in stitching readymade garments. The SHG has done an initial survey on the requirement of Readymade Garments of the local population. They are very confident of their business and income earning opportunity. The unit suffered a heavy asset loss during Tsunami as the shop was very close to seashore. The group is slowly recovering from the loss incurred and are building their business assets slowly. MSSRFis facilitatingthe process by helping the group.