| ID | : | 60 | | Bank Name | : | Daver Massion Bank | | Loan Cycle | : | 3 | | Enterprises | : | Gem cutting | | SHG Name | : | Theenthamil SHG | | Location | : | Thiruvaiyaru, Tanjore, Tamil Nadu | | Loan Distribution Date | : | December 2005 | Activity | : | In 2005 Daver massion Bank was again utilized to support the groups formed by a reputed NGO working in Thanjavur on formation of SHGs and linking them with Banks. The SHG started Gem cutting units as a traditional cottage industry, which has been a source of income and employment for people of Thanjavur and Trichy District. Both the groups have been in this business and have considerable experience. This loan would help them to purchase cutting and polishing machine, which will lead to employment and income to other members of the group. This enterprise is providing an income earning opportunity for the group members; this income helped them in improving their economic status and in providing their children with better nutritious food, education and housing. | | Status | : | Repaid | | Group | : | Asia Initiatives |
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