Date post: | 08-Mar-2016 |
Category: |
Documents |
Upload: | international-medical-health-organization |
View: | 219 times |
Download: | 1 times |
What is Microfinance? Business Training- Differentiate, Accounting Loan- Fee, Operationally Sustainable Launch Business Loan Expand Business- Add Products, Hire Others
YGRO-HEED Results Number of Active Clients- 780 429 Women Average Loan Size- $261= Rs 29,085 Loan Repayment Rate- 89% Number of Loans since Inception- 3071 Amount of Loans since Inception- $705,668 Rs 78,710,200
Empowering Widows in Jaffna
Purpose: Reaching widows through the special loan product in order to empower them in society.
Loan Value : Rs.25,000 (Max) Period of Repayment : 12 months Service fee : 10% (Flat per year) Targeted area : Uduvil and Kopay Area
Repayment Type: Office once a month Repayment Rate: 78% (as of 10/31/09)
Widow Arul Rathy’s Background
Arul Rathy’s family displaced from Palai Lost her husband in 2000 Looked after her four children through
tailoring business 2007 kidney problems, advised not to sew Depressed at that time Most people reluctant to help
Rathy Rajendram Growth of Poultry Business
Loan Cycle Poultry Net Income
1st 25 Rs 8,000
3rd 50-80 Rs 20,000- 25,000
Widows program in Jaffna
Purpose: Reaching widows through the special loan product in order to empower them in society.
Arul Rathy- Rajendram Ref. No: J/ 09/Chu/R2/G6/ 27
NAME AGE OCCUPATION Juvendran 19 Student Kubendran 18 Student Rajendini 15 Student Rajendran 11 Student
The Reasons For Her Success
1) Partnership with Local NGOs
2) Her entrepreneurship skills Very responsible and a keen worker Efficient client Maintains good records Socially minded Determined to bring her children to a higher level
of education.