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The Need for Partnership · She is economically dependent. In order to elevate the status of underprivileged
women there was a felt need to organize the community. The experience
was taken from various organisations in the country. Thus the felt
need was adopted in our communities also to take up alternative
approach that was a shift from CHARITY WELFARE TO DEVELOPMENT. The
self-help groups began from a community of about five hundred households
with the saving of less than a dollar a month i.e. Rs.30 month (One
Re. per day.) The first savings amounted for Rs. Four hundred Fifty
were converted into CREDIT for a woman to start her own business
in Meera Bagh Slum of West Delhi in 1993. |
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Today the fifteen women from Laxmi
Group of Meera Bagh are part of movement called Mahila Chetna or
the Woman Awakening became a forum of over 900 Self Help groups
with Total women partners: 16000,Total Borrowers: 12855 and Total
Savings: Rs.14.615352 million. Internal loans: Rs.10.3 million Total
External Loan Provided for: Rs.8.7 million from Rashtriya Mahila
Kosh (RMK) for Development of Micro-Enterprise from Department of
Women And Child, Ministry of Human Resource and Development. For
the first time in history RMK has provided loan for Housing and
that too at very affordable rates for the poor. INDCARE has been
sanctioned a loan of additional 4 million Rupees. INDCARE has 910 operational groups that are engaging in both external and internal lending. RMK provides a loan of Rs.87.50 Lakh externally to the organization to disburse in its groups and One Crore forty Lakhs as internal loans. The loan is disbursed on a need basis. The rate of interest on which RMK provides loan is 12-18% annually. The women self-help groups over the period of exhaustive interventions have led to the formation of a community based approach called MAHILA CHETNA.
Micro Enterprise
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