Posts Tagged ‘shgs’

Microfinance Focus, Oct 29, 2010: The Andhra Pradesh government has formed Implementation, Legal, Capacity Building and IT committees for microfinance institutions in the state. These four committees would work to improve the credit flows to self help groups and also put in place an IT system for efficient implementation of the ordinance as reported by media. According to rural development department principal secretary R Subhramanyam, the ... Full story

Microfinance Focus, Oct 22, 2010: The Andhra Pradesh microfinance ordinance was issued for protecting the Women Self Help Groups (SHGs) form exploitation by the microfinance institutions through usurious interest rates and coercive means of recovery. The ordinance is being viewed by SHGs’ promoters as an opportunity to control the rampant growth of MFIs and they are already gearing up to launch it as a countrywide ... Full story

By Dr. A. L. Ghosh Microfinance Focus, Aug 16, 2010: Compared to the rest of the country, the progress of microfinance in the North Eastern (NE) Region of India has been very slow. Only 0.02 percent of total microfinance loans disbursed during 2008-09 was in the NE Region. The share of NE Region in the total no. of existing SHGs is only 0.04 percent (NABARD, 2009).... Full story

By Asma Azmi, Microfinance Focus, Aug 9, 2010: Ekgaon Technologies is an Information and Communication Technology (ICT) provider for development organizations working at the base of the pyramid. It offers a range of financial inclusion services and has delivered projects like CAM Mobile Services Framework, Mahakalasm MIS and Indic-Computing Consortium bringing ICT to the benefit of the masses. Ekgaon’s project, ‘Enabling financial inclusion and increasing efficiency of ... Full story

Microfinance Focus, July 29, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. MOU signed with gramin bank for strengthening SHGs: The Women Development Corporation (WDC), Bihar, on Wednesday signed an MoU with Madhya Bihar Gramin Bank (MBGB) for strengthening self-help groups (SHGs) in eight districts of the state by linking them to the bank. The ... Full story

Microfinance Focus, July 21, 2010: Addressing a meeting with the Chief Ministers of South Zone States and Administrators of Union Territories (UTs) & Chairmen and Executive Directors of Banks in Hyderabad yesterday, Finance Minister, Shri Pranab Mukherjee has emphasized the need for strengthening of movement of Self-help Groups for financial inclusion so that small and marginal farmers could get access to higher doses of credit ... Full story

By G Muralidhar, “Let us remember we have come ahead. We no longer suffer because there are no resources. It is their distribution that is the problem. Access to financial resources is a small problem. Bigger problem is the human resources. Bigger problem is the ideas for investing resources; ideas for building enterprises; and lack of span of attention of the people who matter. Biggest problem ... Full story