An interest free loan from the Amita& Bianca 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. They have repaid the loan amount.
Status
Loan
amount fully repaid.
Seedling
Nursery
Location
Chooramala
Village, Wayanad Dist,
Kerala
Geographical
Map
The
Group
Vanitha
SHG
Date
of Loan Disbursement
November
2001
Loan
Amount
Rs.
15,000
Activity
The loan amount has been used for starting a nursery to produce seedlings for Vanilla, Pepper and Cardamom. The seedlings of these varieties are in demand and by selling them, they get additional income apart from working as plantation labourers in tea-estates. As some of the group members have migrated to near by towns, there is a delay in repaying their final installment of Rs.2000/-. MSSRF is addressing this issue.
Lift
Irrigation
Location
Manikolai
Village, Chidambaram,
Tamil Nadu
Geographical
Map
The
Group
Vallalar
Sirupasana Vivasaigal
Self Help Group
Date
of Loan Disbursement
August
2003
Loan
Amount
Rs.
15,000
Activity
This Self Help Group is one of six groups who are part of the Lift Irrigation project for canalizing water from the nearby river called PARAVANNAR. All the six Self Help Groups planned together to irrigate 40 acres of land through this scheme. They are now be able to cultivate paddy with reduced dependence on monsoon. After twenty years the people of this area are able to go in for second and third season cultivation. The entire project cost is $27,300. The Nationalised bank has given a loan of $23150. The remaining was contributed by the SHGs. Both the group has paid its share by availing a loan of $ 300 from this bank. They have already repaid $80 from the harvest proceeds.The group is able to repay the loan installment regularly.
Status
Loan amount fully repaid
Lift
Irrigation
Location
Manikolai
Village, Chidambaram,
Tamil Nadu
Geographical
Map
The
Group
Veeranar
Sirupasana Vivasaigal
Self Help Group
Date
of Loan Disbursement
August
2003
Loan
Amount
Rs.
25,000
Activity
This Self Help Group is one of six groups who are part of the Lift Irrigation project for canalizing water from the nearby river called PARAVANNAR. All the six Self Help Groups planned together to irrigate 40 acres of land through this scheme. They are now be able to cultivate paddy with reduced dependence on monsoon. After twenty years the people of this area are able to go in for second and third season cultivation. The entire project cost is $27,300. The Nationalised bank has given a loan of $23150. The remaining was contributed by the SHGs. Both the group has paid its share by availing a loan of $ 300 from this bank. They have already repaid $80 from the harvest proceeds.The group is able to repay the loan installment regularly.
