| “ The Good shepherd lays down His life for his sheep”. |
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| Micro Credit Activities Of SHGs |
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| In the year 2006-07, totaling 608 Groups were formed. Altogether Till March’07 the IVDPrendered services to 5165 Groups spread over in krishnagiri and Dhrmapuri Districts. The Micro-credit details of this fiscal year 2006-07 are given below; |
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| Micro Credit Details Of Year – 2006-07 |
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| Sl.No |
Micro credit activities |
2006-07 |
Cumulative as on31.03.2007 |
| 1 |
No.of Groups formed |
608 |
5165 |
| 2 |
Total No.of members |
10918 |
97653 |
| 3 |
Total savings |
21.72 Crores |
79.43 Crores |
| 4 |
Sangha loan |
101.37 Crores |
362.55 Crores |
| 5 |
Bank Loan |
100.83 Crores |
311.58 Crores |
| 6 |
IVDP loan |
4.34 Crores |
22.05 Crores |
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| From the above table we understand that there are 5,165 SHGs out of them 608 SHGs were formed during 2006-2007. This members have saved Rs.21.72 crores and a total of Rs.101.37 crores availed as Sangha loan to fulfill their family needs. IVDP too also extended Rs. 4.34 crores as loan for various purposes. |
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| It is credit to have credit |
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| Credit details 2006-2007 |
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| To promote the life standard of rural women, Rs.206.54 Crores was given to members as a loan made available from Sangha, Banks and IVDP. The details are as follows: |
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| Sl.No |
Loan Details |
Rupees in Crores |
| 1 |
Sangha Revolved |
101.37 Crores |
| 2 |
IVDP Amount revolved |
4.34 Crores |
| 3 |
SHG Direct Loan Linkage |
100.83 Crores |
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TOTAL |
206.54 Crores |
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| Savings And Credit Till March 2007 (Consolidated Report) |
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| It is quite amazing to note that so far i.e from the last one and half of decade Rs. 696.78 Crores has been granted to members as loans |
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| Sl.No |
Loan Details |
Rupees in Crores |
| 1 |
SHG Bank Loan |
Rs. 311.58 Crores |
| 2 |
Sangha Loan Revolved |
Rs. 362.55 Crores |
| 3 |
IVDP Revolved Amount |
Rs. 22.05 Crores |
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TOTAL |
Rs. 696.18 Crores |
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