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Center for Research on Sustainable Agriculture and Rural Development
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Appropriate blends of Traditional Ecological Prudence and Frontier Science



MICRO CREDIT BANK
 
ID : 256
Bank Name : Savage/ Casey Bank - II
Loan Cycle : 1
Enterprises : Multiple Enterprises
SHG Name : Om Namasivayya of Joint Mangrove Management Committee
Location : Kakinada, Andhra Pradesh
Loan Distribution Date : June 2010
Activity : In the year 2010 Savage Casey Bank – II support the Om Namasivaya group belong Joint Mangrove Management Committee is a village level institution consisting of 21 women self Help group members formed with the help of MSSRF to protect and restore the eroding of mangroves. Sri devi SHG basically belongs to fishing community. They earn their livelihood as fish/dry fish vending, Rice/milk/coconut trading. They take small loans from banks to meet regular household emergency expenses. They do not have access to credit facilities, to invest in Income generating activities. The groups had availed interest free loan to enhance their retail business in fish/dry fish vending, Rice/milk/coconut trading. The group has been repaying the loan installment regularly
Status : Progress
Group : FoSA
   
   
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