| ID | : | 23 | | Bank Name | : | Amar Bank | | Loan Cycle | : | 2 | | Enterprises | : | Dairy | | SHG Name | : | Mullai Vivasaigal Kuzhu | | Location | : | Vellapallam, Nagapattinam, Tamil Nadu | | Loan Distribution Date | : | January 2008 | Activity | : | In the year 2008 Amar Bank was utilized to support the Farmers in Vellapallam village, Kaveripoompattinam project area for the Group Mullai Vivasaihal comprising 13 male member’s with one women and they started Dairy as an income generating activity. They bought 14 cows at a cost of Rs. 15,000. The group availed a loan of Rs. 210,000 pooled from various MCBs (Ambar Brahmachary Bank -2 , Lalit puri Memorial Bank & Saral Bank) . The group had marketing arrangement with milk Society - Winner Enterprises, Nagapattinam. The milk was collected from a common place in the village and fortnightly payments are made to group. Dairy started by the Farmer Groups provides the members with a sizable income to support their families and to improve their economic status. The group has been paying the loan installment regularly. | | Status | : | Progress | | Group | : | Asia Initiatives |
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