By Siddharth Agarwal | Project Leader
Women's group members are motivated to save regularly and build a basti 'social needs fund' utilised for loans to fulfill family needs e.g. health, education, purchase and storage of grains at harvest time, livelihoods. Literate group representatives are trained to maintain records of savings, loans and overall management.
125slum women-groups across 400000 slum population in Indore/Agra save regularly and provide low-interest loans to members and other needy families.
3327 loans were given. 550 loans served maternal-child health needs, 375 loans other health needs, 531 loans helped uninterrupted children’s education, 524 loans helped start/expand livelihoods, 424 loans supported grain-storage at harvest time, 221 loans supported girl marriages, 302 loans enabled repaying moneylender debts, 190 loans were used for food/kitchen expenses, 210 loans enabled house improvements, including toilet.
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