The Group has availed interest free loan of Rs. 22500 from this bank to help one of the member in the group to start a poultry unit. The member is able to successfull in manage the poultry unit and earn additional income apart from being casual agricultural lobour. The member is able to repay the loan installment regularly through the group.
Goat
Rearing
Location
Vettaikaraniruppu
Village, Nagai, Tamil Nadu
Geographical
Map
The Group
Thirumagal
SHG
Date
of Loan Disbursement
January
2003
Loan Amount
Rs. 50,000
Activity
The group availed an interest-free loan for purchase of 50 goats. The total cost of the project is Rs.1,03,200/- of which the group has contributed Rs.53,200/- from their savings. There is very good demand for goats for meat production as well as for rearing.This venture has changed their living standard in terms of health, education for children and income earning opportunity.
Status
Loan
amount fully repaid.
Dairy
Farming
Location
Niyamitpur
Village, Kendrapara Dist, Orissa
Geographical
Map
The Group
Bapuji SHG
Date
of Loan Disbursement
January
2005
Loan Amount
Rs. 40,000
Activity
The group has purchased 6 cows to start a household level Dairy. The cows on an average give 30 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 $250 per month. This enterprise has changed their living standard in terms of health, education for children and income earning opportunity.
