The members of this group have started three different types of Enterprises. Viz., Dairy, Tailoring and Petti-shop. In a small village like Keezavanjore these enterprises are able to generate sufficient income catering to the needs of the local population. The enterprise has provided 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.
Status
Fully Repaid
Bio
Centre
Location
Manikollai
Village, Chidambaram, Tamil
Nadu
Geographical
Map
The Group
Manikollai
Federation SHG
Date
of Loan Disbursement
August 2003
Loan Amount
Rs. 100000(Rs.30,000
from this bank)
Activity
The Manikollai Small Farmers Lift-Irrigation Federation (MSFLF) in Chidambaram project area has started a Biocentre in the village of Manikollai by taking a loan of $2000 ($600 from this Bank) They have taken 9.36-acre land on lease. The land is being developed by the villagers to showcase models for production of mushrooms, liquid Bio-fertilizer, vegetable cultivation and fishpond for income generation. The Farmers Federation is able to generate income from various activities and at the same time are able to offer appropriate technologies for other farmers to start viable enterprises. Because of the support of the grass root level Farmers association, the marginalized farmers are they are able to get better price and assured market. The Federation has fully repaid the loan taken from this bank.
