| ID | : | 82 | | Bank Name | : | EGO Bank | | Loan Cycle | : | 2 | | Enterprises | : | Multiple Enterprises | | SHG Name | : | Eswari MSS,Corangi | | Location | : | Kakinada, Andhra Pradesh | | Loan Distribution Date | : | June 2010 | Activity | : | In the year 2010 EGO Bank extended the support to the Group Eswari Mahila Sangam belong to Joint Mangrove Management Committee a village level institution consists 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. This additional income helps them in improving their economic status and in providing their children with better nutritious food, education and housing. The group has started to repay the loan amount | | Status | : | Progress | | Group | : | FoSA |
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