The group has purchased 7 cows to start a household level Dairy. The cows on an average give 40 liters of milk per day. The milk is sold to the local Milk Co-operative Society. The group is able to generate an income of $240 per month. This enterprise has changed their living standard in terms of health, education for children and incoming earning opportunity.
Bio-Village
Location
Manikollai
Village, Chidambaram, Tamil
Nadu
Geographical
Map
The Group
Manikollai
Federation SHG
Date
of Loan Disbursement
August 2003
Loan Amount
Rs. 1,00,000
(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 Association 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 Association has started repaying from the income being generated.
Goat
Rearing
Location
Keezavanjore
Village, Karaikal Dist, Tamil Nadu
Geographical
Map
The Group
Visahalatchiamman
SHG
Date
of Loan Disbursement
February
2002
Loan Amount
Rs. 21,000
Activity
The Group are Dalit women. Most of them have not gone to school for formal education. They are agricultural labourers in a costal village. They are rearing goats for multiplication and to sell them in the local market. They are been successful in their venture and fully repaid their loan amount taken from this bank.