INTEGRATING RURAL WOMEN FOR ECONOMIC SUSTAINABILITY

GOAL :
To empower and improve the economic condition of the women from rural area.

PROGRAM OBJECTIVE :

- To educate women about the benefits of forming self-help groups (SHG's).
- To form 80 new women Self Help Groups (consists of 12 -14 members in one group) for economic development of women in Kancheepuram district.
- To improve women saving habits through financial literacy programs and support them through Bank Linkage program.
- To sustain women income generating activities in the areas through economic support & financial literacy training.

ACTION PLAN :

So by forming 80 new SHG's, we are empowering 1040 (Approx) women by giving financial literacy training & Bank linkage support. This program will improve women's economic status.

The project is focused specifically on women empowerment with holistic development of social and economic conditions. The project action plan is as following:

• Awareness creation among rural women about Self-Help Groups (SHGs) and encouraging them to form as SHG.
• Formation of 80 women SHGs among the interested women. Each group will have 12 - 14 members.
• Two program managers will be assigned and handle 40 SHG groups on their follow up, further will train the newly formed SHGs and implementation of the planned activities.
• From each newly formed groups the SHG women members will select two animators to lead the group.
• For every 2 weeks the group members will gather in any of SHG member’s house and discuss on the development of the group activities. This will be follow upby our Program Manager.
• The newly formed SHGs will undergo through training under financial literacy program. This will help them maintain the group records and could understand the SHG savings, lnternal loan, bank linkage program, Repayment etc..,
• To SHGs we will provide training on financial literacy which covers the topic about bank account opening,savings, what is internal loan, internal loan lending and repayment process, budgeting, investments, about bank interest rate, debt management, personal financial management, maintaining group members finance record and writing resolutions.
• For each groups bank savings account will be opened.
• After 5 months of regular follow up, Group savings deposited in bank & financial training, internal loan will be provided to each member in the group and repayment of the loan will be tracked by the each group’s animator by recording it in record notebook, this record will help program manager to understand the capacity of each group on providing loan through "Bank linkage program".
• Based on the repayment of internal loan, groups will be selected and they will be linked with banks through WEEDS "Bank linkage programme" where we have tied up with Public and Private sector banks through which women can develop their small scale business and also can use for their personal needs.

OUTCOME :

• 80 new self-help groups will be formed through which 1040 (approximately) women will be benefited through economic development
• The women will be impacted through are bank linkage program
• New women entrepreneurs will emerge and existing women entrepreneurs will develop their business
• Women will be a pillar of her family and will make financial decision independently.
• Economic empowerment of women will reduce the domestic violence within the family.
• Once the SHGs are formed, it get sustained and will give very long term impact among the every group members through our bank linkage program.

TRAINING MEETINGS :

1. Conducting Self Help Group awareness meeting to women to aware them about importance of SHG's,need of the SHG's,women's unity in a area,why and how to form a SHG.
2. Interested women's will be identified,new SHG formation meeting will be held,choosing name for the new SHG, selection of 2 women Animators for the new SHG through SHG formation Training.
3. Financial literacy Training will be given to all the members of the SHG to learn bank account opening, savings, internal loan, repayment process, bank interest rate, debt management, personal financial management, maintaining group members finance record,writing resolutions and Bank linkage program.

BUDGET :

SELF HELP GROUP AWARENESS MEETING :
Hall Rent,Electricity & PA System = USD 125
Refreshment for 100 participants = USD 50
Trainer Honorarium = USD 25
Travel conveyance = USD 12.5

To conduct 1 SHG awareness meeting = USD 212.5 / Rs.17,000

SHG FORMATION TRAINING :
Trainer Honorarium = USD 25 / Rs.2000

FINANCIAL LITERACY TRAINING TO NEW SHG :
Trainer Honorarium = USD 25
Refreshments for Participants = USD 7
Travel conveyance = USD 12.5

To conduct 1 Financial Literacy Training = USD 44.5 / Rs.3560

Sponsor any of the above Training cost to support this women economic development program.

Donor can help us by using My Reward, matching grant, Peer matching, cause card,Employer incentive grant,volunteer grant etc., Share about our cause among your colleagues, families & friends to support this program.

Thank You !