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Lalit Puri Memorial Bank
 
Dairy
 
Location Vellapallam, Nagapattianam, Tamilnadu
   
Geographical Map  
   
The Group Mullai Vivasaigal Kuzhu(Farmers Group)
   
Date of Loan Disbursement
January 2008
   
Loan Amount Rs.50,000
   
Activity Above-mentioned Vivasaigal Kuzhu of Vellapallam village in Nagapattinam district, Tamilnadu consists of 13 male members with one-woman member had proposed to start household Dairy activity as their income generation. We have been working with these groups for the past 2 years. The group has very good experience in managing the dairy activity as an enterprise; they have decided to buy 14 cows at an approximate cost of Rs. 15,000/. They will bring Rs.94, 500 as there contribution, MSSRF will extend 'interest-free' loan of Rs.210, 000 /-(from your bank Rs.50, 000). The group has attended several training programmes on Dairy management and composting. The group has developed a simple business proposal on their own to show the flow of funds and income that they will able to generate through this dairy enterprise. The group has marketing arrangement with milk Society - Winner Enterprises, Nagapattinam. The milk will be collected from a common place in the village and fortnightly payments are made to group.

The enterprises proposed by the Farmers SHGs will provide the members with an opportunity for earning a sizable 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.