EDUCATR micro-credit programme in Usilampatti block, Madurai District, Tamilnadu state, India. Provide small business/income generating activities to Dalit, minorities, destitute and widow women.
What is the issue, problem, or challenge?
The Poorest among the poor need loans of very small amount but their requirement is quick delivery of loan at their door steps. Private money lenders have been playing this role but their intention is exploitation. The Nationalized banks provide soft loans to women SHGs. The wide gap persists in needs. Lending programmes for women in Madurai District, India for generation of new employment and meeting various personal and social needs. Improve the women livelihood conditions.
How will this project solve this problem?
Women attend entrepreneurship development programme, write a business plan and receive a loan to launch a small business. Women meet monthly with a loan officer to make payments, receive training and discus business strategies.
Potential Long Term Impact
This project will provide micro loan to 900 women. Women launch income generation activity. Income will support their families, social security send their girl child to school, SHGs strengthening women’s participation increasing in all levels.
Total Funding Received to Date: $75
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $75 . The original project funding goal was $50,000.