Showing posts with label MICRO FINANCE IN INDIA. Show all posts
Showing posts with label MICRO FINANCE IN INDIA. Show all posts

Friday, 28 December 2012

(Padosi) SHG Phase-II




Rehab India Foundation is tackling national poverty by self sustaining micro finance initiative for women in rural areas to start business to support their families.

Advocate Shaik Sayyid Babu inaugurated phase II of Padosi SHG programme with the announcement of interest free loan for 15 new members of self help group at Anandpeta Village of Guntur District, A.P dated on 18th Dec 2012.

The objective of the programme is to make deprived women self sufficient and self reliant so that they can contribute in the wholesome development of their families.

Phase-I:
During Phase I, Rehab distributed interest free loan to 15 women for initiating petty shops, vegetable corners, tailoring shops etc. For wholesome development of women, Rehab India Foundation organized moral classes where they could learn how to control their expenditure for future investment. Regular weekly meetings were conducted with self help group members, discussed their challenges and collected the repayments by the members who have availed loan for initiating their micro business.