RSGA Seed Growers Association is a Farmers' Association with a membership of more than 150 men and women farmers. These farmers had taken-up 'contract farming' for cotton. They had taken an interest-free loan of Rs.50,000/-from this bank. They have used this amount in buying seeds and fertilizer, and gave themselves daily wages. They have entered into contract with the buyer, as they were assured of the sale price and income before sowing their seeds. The new experience has increased their confidence in handling a contract job.
Status
Loan amount
fully repaid
Gem cutting
Location
Thiruvaiyaru,
Tanjore, Tamil Nadu
Geographical
Map
The Group
Anbuthamil SHG
Date
of Loan Disbursement
December 2005
Loan Amount
Rs. 25,000
Activity
The groups were formed Kaudasi, a reputed NGO working in Thanjavur on formation of SHGs and linking them with Banks. The groups are 2 years old and have regular saving habits and are homogenous. The SHG has started Gem cutting units. Gem cutting is traditional cottage industriy which has been a source of income and employment for people of Thanjavur and Trichy District. Both the groups have been in this business and have considerably experience. This loan would help them to purchase cutting and polishing machine, which will lead to employment and income to other members of the group. They work on job orders. The get gems in bulk from jewelers and merchants cut them in different shape and polish them with help of machines. The are being paid on piece rate by the merchants. More they work more the income. This will help the group members earn additional income.
Sustainable
Self Help Group norms:
Technology – The group
is already in business and has
the necessary skill.
Market – Both income
generating activity do not have
marketing problem as they are
working on job orders.
Management – VKC MSSRF
will provide continuous facilitation
by providing need-based capacity
building training programmes.
The enterprises will provide an income earning opportunity for the group members; this income will help 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 installments regularly.
Dairy
Location
Sivaranthagam,
Pondicherry
Geographical
Map
The Group
Mahalir munnetra
sangam
Date
of Loan Disbursement
February 2006
Loan Amount
Rs. 80,000 (Rs.25,000
from this bank)
Activity
The group has started household Dairy units for income generation. We have been working with this group for the past 4 years. The group has very good exposure in managing a Dairy unit as an enterprise. They have decided to buy 10 cows at an approximate cost of Rs. 12,000/ each. They will bring Rs. 40,000/- as their contribution. MSSRF has given ‘interest-free’ loan of Rs.80,000/-
The group has attended several training programmes at our Bio-centre on Dairy Management. The group has developed a simple business proposal on their own and has shown the flow of funds and income that they will be able to generate. The group has marketing arrangement with milk Society of Pondicherry (PONLIT). The milk will be collected from the Collection centre at Sivaranthagam village and and fornightly payment are made to the group.The group is able to repay the loan installments regularly.
