Economic Upliftment Project PhaseII- Credit Training Program at Burani; Jan 2009

After regular follow ups on the Progress of Economic Upliftment Program for Suqaina Women Group in Burani Centre, the Second phase of this project - Credit Training Program was launched from January 13th – 15th, 2009.

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During the three day training session the Women were introduced to Credit Training Module.  The course content was mainly on issues pertaining to loan, such as

  • *  All about loan and its importance

  • *  Aims of taking loans

  • *  How to apply and acquire a loan

  • *  Requirements for consideration of loans

  • *  Procedures of loan repayment.

  • *  Effects if the loan funds are misused.

 

Achievement  :

  • *  The Credit Training Program was successfully completed.

  • *  The baseline data has been collected enabling us to shortlist the loan applicants.

  • *  Guidelines have been set for the participant before availing the loans.

  • *  Credit committee, who will be involved in the selection process along with BMMK EUP personnel, has been formed.

  • *  On selection the individuals will be granted interest free loans by BMMK which have to be repaid on time.

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The support received in the form of training resulted in some of the women starting up small scale business like tailoring, selling firewood, fresh fruits and milk.

 

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February, 2009