abhishreshthaa
Abhijeet S
How successful has this program been so far?
• In 1998, READ was the first organization in its area to introduce the concept of women self-help groups, and 5 women self-help groups were formed. Since then, the program has been very successful, and READ has presently organized more than 1000 women self-help groups in a more than 108 villages in Andimadam block, and Sendurai block. Each group has approximately 15-20 women.
• For the first 5 groups that READ has formed, READ was able to mobilize a revolving fund from the DWCRA (Development of Women and Children in Rural Areas) agency, for a total amount of 600 US dollars per group to expand the credit activities which they had already formed from their own savings.
Thanks to this program, a total of 57 women has received credit to develop economic activities; the money is being used for a variety of purposes, such as the purchase of bullocks, sheep, poultry, goats and sewing machines.
The women repay the money in monthly installments with interest, so that the money in the revolving fund can be used continuously.
• In addition, thanks to the guidance of READ, one of these groups had previously started their own income generation program, by starting a production unit for making gold-covered necklaces, which are being sold in the cities.
• In 1998, READ was the first organization in its area to introduce the concept of women self-help groups, and 5 women self-help groups were formed. Since then, the program has been very successful, and READ has presently organized more than 1000 women self-help groups in a more than 108 villages in Andimadam block, and Sendurai block. Each group has approximately 15-20 women.
• For the first 5 groups that READ has formed, READ was able to mobilize a revolving fund from the DWCRA (Development of Women and Children in Rural Areas) agency, for a total amount of 600 US dollars per group to expand the credit activities which they had already formed from their own savings.
Thanks to this program, a total of 57 women has received credit to develop economic activities; the money is being used for a variety of purposes, such as the purchase of bullocks, sheep, poultry, goats and sewing machines.
The women repay the money in monthly installments with interest, so that the money in the revolving fund can be used continuously.
• In addition, thanks to the guidance of READ, one of these groups had previously started their own income generation program, by starting a production unit for making gold-covered necklaces, which are being sold in the cities.