Seva Mandir seeks to help women in rural setup to attain financial freedom by adopting a habit of savings and inter loaning through Self- Help groups. This aims to strengthen livelihood generating activities.
What is the issue, problem, or challenge?
The women in Seva Mandir's work area come from the most disadvantaged section of the society, often lagging behind in the human development indicators. We are working with these women to enhance their capacity to improve their social and economic status in the society. At present we have 493 Self Help Groups with 7,516 women. Around 900 women have established their own enterprise as a source of livelihood.
How will this project solve this problem?
The Self Help group will provide a platform for women to come together, share, learn, save and create a long term income generating activity for them. This will reduce their dependency on money lenders who charge high rate of interest. Also this will give a voice to the women and endow them with higher bargaining power within the community
Potential Long Term Impact
SHGs help women gain confidence socially, institutionally & economically. These efforts can lead them to new roles as major contributors to family income & ultimately transforming their position & status within the household & the community at large.
Total Funding Received to Date: $16,448
Remaining Goal to be Funded: $33,552
Total Funding Goal: $50,000