June 28th 1999
DEVELOPMENT THROUGH SELF-HELP ACTIVITIES
Akula, director SKS spoke about the women's groups that formed
under the umbrella of SKS and their development in the review
meeting held at anthwar. Speaking to the press he said that
the organization is working for the progress of poor women.
Explaining the setup of these groups, the director said that
each group comprises of 5 members. Every member of the group
saves RS. 5 per month and makes use of that money to meet
their basic requirements and repay it to the organization.
Every member for a loan amount of RS. 1000 in the first year,
RS. 2000 in the second and RS 4000 in the third year. The
organization ensures that this money is invested in income
generating activities like purchasing cattle, goats etc. This
is a measure to improve the financial status of these poor
women. Vikram further stated that the interest rate on the
loans thus released is minimal. The members of the Sangam
also participated in the meeting explained how they benefited
from the organization. The Chairperson and the staff of Swayam
Krishi Sangam attended the meeting.