::::: Life Academy Of Vocational Studies:::::

MICRO FINANCE

Key Interventions

June 2012 to May 2013

Financial Inclusion Programme for Women Development: SHG Formation, Vocational Training, Bank Linkages, Micro Enterprise Promotion

NABARD, Odisha, India

600000/-

MILESTONES
No of SHGs formed	467
No of SHGs supported for Income Generation Activities	324
No of SHG Federations promoted	5
No of Producers Groups promoted	37
No of Marketing Society Promoted	5

The SHG movement in Odisha has become synonymous with economic empowerment of women. While NGOs initiated it in mid eighties, realizing its potential the central government has endorsed it as a framework for women development and household poverty elimination since nineties. In Odisha too, the state government has created a special cell on 8th march 2001 on the occasion of International Women’s Day in the Women and Child Development Department in the name of MISSION SHAKTI to give a boost to SHG movement in the state. LAVS has taken a proactive approach in spreading financial inclusion and empowerment of women through WSHGs and their federations. A number of enabling activities has been taken up to strengthen, institutionalize and introduce WSHGs to various remunerative micro enterprises.
Rural Financial Services:

SHG promotion as micro level village institution has been a priority of the programme. This not only organizes the tribal women but also provide a platform to share their experience and best practices. Besides, the program emphasizes to scale up livelihoods intervention through these women SHGs. RFS primarily aim to ensure timely availability of credit at the village level. The fund available under this component is utilized in two categories; first - provide as seed capital and second as revolving fund support. Focus has been made to strengthen the SHG promotion issues along with strengthening the capacities of SHG members on record keeping and maintenance of accounts.

Capacity Building of WSHGs/ Federations

Sl. No	Training Theme	Number of programs	Participants Covered
1	Training on SHG management best practices (Leadership, Accounts, BDP, Convergence)	9	356
2	Training on Federation management best practices (Leadership, Accounts, BDP, Convergence)	2	32
3	Training on Value chain and value addition related to select produce including NTFP	8	227
4	Training on community farming and cash crops	5	142
5	Training on horticulture and vegetable cultivation	21	576
6	Training on small livestock	17	428
7	Vocational Training to young women	5	103
8	Training on Gender Equality	16	415

Micro Enterprises through WSHGs

" We in LAVS believe in positive change and committed to promote community centric change management in diverse fields of social engagement. We piloted and consolidated this initiative in last 22 years of our work in areas of human development, livelihood, Governance, planning and advocacy agenda. For we believe community empowerment is the best guaranty for inclusive growth and sustainable development. Let us work together to bring development to the door steps of those who need and deserve it the most! "