Guntoor,
Jan 6th 2013: Under Padosi SHG Phase-II Programme, Rehab
India Foundation provides microloans to three underprivileged women at
anandpeta, district Guntoor, Andhra Pradesh.
Rehab has entered in Phase-II of self employment
programme. For this phase, it has selected 15 new Padosi SHG members.
Among them, three poor women received loan for initiating micro business. Mahoboobi
Shaik received Rs. 7500 loan for initiating hotel, while same amount was
sanctioned to Shaik Noorjahan and Akheela for starting Petty Shop.
Phase-I:
A Public Charitable Trust, Rehab India Foundation is actively involved
in various kinds of development activities ranging from village development
programme, educare centre, food kit distribution, skill development training,
SHG & self employment, emergency relief programme, model village in Assam
to Blanket distribution drive. I t has successfully completed Phase –I of Self
Employment Programme. During phase-I, team rehab selected 15 Padosi SHG members
for facilitating interest free loan to deprived women.
Another drawback is they charge a very high interest rate, which is about 1000% per year. small loans, http://esmallloans24hrs.co.uk
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