pro-poor, pro-nature & pro-women.
JSF- 5 Bank
| Crab Fattening | |
| Location | Madavamedu,Cuddalore District,Tamilnadu |
| Geographical Map |  |
| The Group | Malligai SHG, Madavamedu |
Date of Loan Disbursement |
May-08 |
| Loan Amount | Rs.1,00,000(from your bank Rs.50,000) |
| Activity | Malligai Self Help Group, Madavamedu village Cuddalore district consists 10 members have proposed to start crab fattening as an enterprise. As the group is already running this enterprise, decided to extend the enterprise by increasing the number of cages and mass level of culture to enlarge the business with their contribution of Rs.24, 000 and an interest free loan of Rs.1,00,000(from your Bank Rs.50,000). Sustainable Self Help Group norms: 1. Technology – groups has got training from Director of Periyar Mud Crab Hatchery, Kancheepuram District,Tamilnadu and has been running the unit for the past two years. |
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| 2. Market – the group is having clear market for their product from nearer marketing agencies in Palaiyar (general market village) 3. Credit – The group is contributing the margin money of Rs.24, 000 from their group savings. As MSSRF credit is interest-free the groups are able to enjoy an additional margin, which would otherwise be towards interest, if the credit were acquired from other sources. 4. Management –MSSRF will provide continuous facilitation by providing need-based capacity building training programmes. The enterprises proposed by the Fisherwomen’s will provide the members with an opportunity for earning a additional income to support their families and thereby will help them in improving their economic status by providing their children with better nutritious food, better education and better housing. |
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