Each group saves a fixed amount every month varying from Rs. 50/- to Rs. 100/- in the the group and then saving will be deposited in the federation (cooperative) office
The cooperative pays 5 % to the groups / members of the cooperative as interest on savings
The cooperative gives 10 % interest on fixed deposits
The loan is sanctioned on the basis of the total of savings and fixed deposits with the cooperative. There is a strong correlation between savings and credit
Types of Products
Interest Rate (Per Annum)
Agriculture Inputs – purchasing of seeds, cattle and purchasing of agricultural equipments etc
15%
Animal Husbandry
Livelihood Activities / Income Generation Activities such as Provision Store, Brick Kiln, Saree Trading, Vegetable Carts, Tailoring Machine, Diamond Polishing Unit, Flour Mill, Tiny Shops etc
Land Redemption & Repay the Debt
Health Problem and Promotion of Education specially girl child education
