Embed Size (px)
Citation preview
VISION
Our vision
is a World, Where
all children are in school; poverty is eradicated; women are empowered; democracy stems from grassroots; healthcare is for all; and development is sustainable.
HAND IN HAND PROGRAMMES
Child Labour Elimination & Education
SHG & Microfinance
Environment Protection
Village Upliftment Program
Citizen’s Centres (VKCs)
Health & Hygiene
Our Mission
Integrated Community Development Programme of
Concur with MDGs
Our vision, Mission and Work
touch
the 8 Millennium Development Goals
in one or the other respect
MICRO FINANCE PROGRAM
• 445,808 women into 30,700 SHGs covering 7,305 villages through 3,955 Panchayats, across 4 States
Economic Assistance to 383,826 members for micro & medium enterprises
921 medium sized enterprises
Various Vocational and Enterprise trainings imparted to 18,564 members
INR 1,245 million (US $ 26 million approx.) Microfinance to 201,271 members
INR 1,024 million (US $ 21.5 million approx.) facilitated as bank loan linkage to 182,555 members
• Innovation is THE WAY
MICRO FINANCE PROGRAM
Innovation is THE WAY
• Innovative Micro Finance Products
• Pregnancy Loan
• Bicycle Enterprise Loan
• Vermi Compost Enterprise Loan
• Staff Retention Programs
• Incentivising Education in Micro financing
MICRO FINANCE PROGRAM
Pregnancy Loan Product (Only Pilot)
• Academic Institution +NGO-MFI Partnership between The Centre for Innovative Financial Design of IFMR & Hand in Hand• Pregnant SHG Members-Target• To tackle foreseeable/Post Natal expenses• Savings Linked Loan Product• Savings from date of Pregnancy confirmation• 5 times the accumulated savings• Savings to be monitored by SHG only• Loan Money to be given to authorised person in family / SHG
• Mixed conclusions on efficacy• Can take up with suitable modifications • May not be able to scale
MICRO FINANCE PROGRAM
Bicycle Enterprise Loan(Only Pilot)
• Pvt. Mfg. Company + NGO-MFI Partnership between TI Cycles of India & Hand in Hand
• Women SHG Members-Target
• Training by TI Cycles with certification
• TI Cycles arranges bicycles/spares @ fair prices
• Opportunity created by a Govt. Scheme
• Immense scope to open shops
• Environment supportive move
• Path breaking & so hurdles• Labour Intensive• Women facilitate shops-men run the businesses• Fluctuating Price changes destabilise product
MICRO FINANCE PROGRAM
Bicycle Enterprise Loan(Only Pilot)
• Margin of Rs.2,000 in cash or kind from member• Rs.12,000 as loan from HiH• Tenor is up to 15 months• Enables buy tools and spares worth Rs.2,000• 3-4 bicycles worth Rs.10,000• Choice of men and child bicycles more• Enterprise centric bicycle models in demand
MICRO FINANCE PROGRAM
Vermi Compost Enterprise Loan(Only Pilot)
• Women SHG Members-Target
• Training by Hand in Hand’s Environment Protection Team
• Environment supportive move
• Low labour intensity Needs only 2 to 3 hours work in a day
• Capital intensive• Concept changing obstacles• Marketing deterrents
MICRO FINANCE PROGRAM
Vermi Compost Enterprise Loan(Only Pilot)
• 10% Margin from members in cash or kind• Loan of Rs.25,000 to be given in 2 tranches• Loan tenor maximum up to 18 months• Single or group of up to 3 members work• Initially try the end product in their
gardens/farms
