Girls Bicycle Project

Hitten ZaveriRohan Jain

Pankaj and Prajakta Paranjpe

Yale Chapter of Asha for Education

MDMB, MVSS

• Mann Deshi Mahila Bank– Women’s co-operative

bank– Mann Taluka, Satara

District, Maharashtra

• Mann Vikas Samajik Sanstha– NGO, Women’s self help

groups

• Chetna Sinha– MDMB, MVSS founder– Asoka Fellow, Yale

University World Fellow

MDMB, MVSS

• Micro credit• Pension scheme for

women• Property inheritance• AIDs awareness• Drought relief• Education

– Girls Bicycle Project– Village Competition

Girls Bicycle Project

• No higher primary and/or secondary schools in smaller villages– Distance barrier to

education

• Bicycles for school going girls

Funds are used for micro-credit loans to women•Loan rates 13-15%•98% repayment

Girls Bicycle Project

Funds are used for micro-credit loans to women•Loan rates 13-15%•98% repayment

Revenue generates bicycles

Bicycles are provided through 0% loans or grants

Girls Bicycle Project

Girls Bicycle Project

InnovationFund

WomenReceivingLoans Rs 10,000Per Woman

InterestEarned at15%Interest

Girls Receiving Bicycles Rs 1,000 Per Girl

Admin. Cost

Funds Created

500,000 50 500,000 75,000 50 50,000 15,000 10,000

510,000 51 510,000 76,500 52 52,000 15,000 9,500

519,500 51 510,000 76,500 55 55,000 15,000 6,500

526,000 52 520,000 78,000 58 58,000 15,000 5,000

531,000 53 530,000 79,500 60 60,000 15,000 4,500

MDMB, MVSS – Education Projects

• Girls Bicycle Project– Distance barrier to education of girls– Partner with women’s bank and NGO– Sustainable scheme– Pilot at district level– Convince state government of viability

• Village Competition– Prize for village which attains 100% enrollment of girls– Low cost scheme to increase awareness and

enrollment