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Home Lifestyle Food and Beverages Agriculture

GHCL Foundation strengthens microfinance by enabling SHGs in 34 villages, aims to cover 45 by FY23

by Nav Jeevan
3 years ago
in Agriculture, Ahmedabad, Animal Husbandry & Dairy, Banking, Breaking News, Business, Central Gujarat, CSR, Employment Opportunities, Fashion, Food and Beverages, Gandhinagar, Gujarat, Health & Environment, Kutch, Personal Finance, Rajkot, Saurashtra, Social Clubs, South Gujarat, Surat, Vadodara, Women & Children
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GHCL Foundation strengthens microfinance by enabling SHGs in 34 villages, aims to cover 45 by FY23

SHGs visit fields to get hands-on experience in a village.-NE photo

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  • 115 Self-help Groups (SHGs) enabled people of villages in Saurashtra region save Rs 17 lakh cumulatively 
  • Over the years at least 1,100 women SHG members are now involved in the process of running these SHGs and getting villagers into the habit of saving which was amiss before
  • By far some 869 women have been trained for enterprise activities in FY 2023 (till date) whereas 22 women-run micro enterprises and are generating income for themselves, their families and other women associated with the group

NE BUSINESS BUREAU

AHMEDABAD, DEC 21

GHCL Foundation, GHCL’s CSR-arm, on Wednesday said it has been relentlessly working towards uplifting communities in the vicinity of its manufacturing facilities in Gujarat by forming self-help groups (SHGs). In a major leap towards facilitating financial inclusion of villagers, some 115 SHGs have been formed in the microfinance sector alone across some 34 villages of Gujarat. Since their establishment in 2014-15, villagers have been able to save Rs 17 lakh cumulatively over the years.

Training on Organic Farming by #GHCL Foundation at Gir-Somnath, Gujarat #Community #Development @tatatrusts @DivyangWaghela pic.twitter.com/PMW9ZWbzMK

— CSPC (@CSPC_Guj) October 30, 2017

One of the staff from GHCL Foundation interacts with woman SHGs in a village.-NEH photo

Financial assistance for various needs is a major concern for villagers. Regular bank loans from nationalised and cooperative banks were available to villagers. However, both financial inclusion as well as literacy were a challenge due to lack of awareness.  Therefore, microfinance was a key sector where SHG formation gained momentum.

Sutrapada, Lati, Kadwar, Nakhada, Bij, Zala Vadodara, Alidra, Sutrapada Bandar, Savani, Ratidhar, Mohobatpara, and Bavani Vav, among others are the villages of Gir Somnath where the foundation has major beneficiaries.

Over time, the total disbursement stands at Rs 2.30 lakh of the cumulative saving of Rs 17 lakh. Over the years at least 1,100 women SHG members are now involved in the process of running these SHGs and getting villagers into the habit of saving which was amiss before. Villagers borrow money for various reasons ranging from income generation, emergency needs, household needs and even education. Such initiatives to ensure skill development, promote entrepreneurship and self-reliance with microfinance, brings the villagers under the ambit of formal economy. As of today,115 SHGs out of a total of 154 are working in areas of education, skill development, women empowerment, and animal husbandry, among others, besides microfinance.

Hon. Minister Shri @jawaharpchavda inaugurated PSA Oxygen Plant at CHC Dolasa, #Kodinar installed by GHCL Foundation.

Aa part of preparation for the future, all CHCs in #GirSomnath are being equipped with Oxygen Plants with the assistance of local industries & NGOs@MGirsomnath pic.twitter.com/tG0a8mPJuY

— Collector Gir Somnath (@collectorgirsom) June 13, 2021

The staff from GHCL Foundation visits the villages and interacts with women to identify common interest groups to form SHGs. Based on the direst requirements in given villages, SHGs are formed, and it is ensured they eventually operate independently. These SHGs create and provide movable and immovable resources that can generate monetary gains, support their members, impart training, and generate opportunities to make use of acquired skills.

Organic Manure bags distributed by #ghcl_foundation at Rabarika village, Amreli, Gujarat to
mitigate adverse effects of chemical-only fertilizers, promote #healthy #farming practices &
educate farmers about techniques of profitable cultivation. #ghcl #environment #agriculture pic.twitter.com/cI0RwGVN3q

— GHCL Limited (@GHCLLimited) November 5, 2022

In fact, to encourage operational efficiency among these village-based SHGs, GHCL Foundation has also walked a mile ahead by incentivising well-performing SHGs. GHCL Foundation gave a grant of Rs 25,000 each to some 16 well-performing SHGs for micro-enterprise activities. The various groups are engaged in income generation activities like running cattle-feed centres, making cotton wicks (Divet), trading textiles and handicrafts.

સૂત્રાપાડા ખાતે GHCL FOUNDATION દ્વારા ટીબીના 16દર્દીઓને ન્યુટ્રીશન કીટ અર્પણ કરાઈ
—————
ગીર સોમનાથ. તા.10: સરકાર દ્વારા અને ખાસ કરીને “ટીબી મુક્ત ભારત અભિયાન ૨૦૨૫” અંતર્ગત GHCL FOUNDATION પણ આ અભિયાનમાં સહભાગી થઈ હતી pic.twitter.com/TBhjh6I0Fj

— IEC-SBCC CELL-GIR SOMNATH (@DsbccGir) November 10, 2022

Encouraging women of the village to run SHGs is one of the aims of GHCL Foundation. By far, the GHCL Foundation trust has some 1,633 women members across 154 SHGs in 34 villages. The Foundation aims to cover 45 more villages by the end of FY 2023. By far some 869 women have been trained for enterprise activities in FY 2023 (till date) whereas 22 women-run micro enterprises and are generating income for themselves, their families and other women associated with the group.

Ghcl Foundation Trust# Celebrate Annual day at Bhilad # 300 up trainees, their parents are present in the program #Trainees was performed cultural dance, drama and given speech #Appreciation Awards given to Trainees by Honoured Guest

Thank you all Team Mets & Supporters pic.twitter.com/VQApfzhWvY

— Ghcl foundation Trust _Vapi (@RajRose20) February 22, 2019

Promoting #health, a free eye screening #camp was organized by #GHCLFoundation at Poigaipatti village in TN in partnership with Trichy Joseph #eye #hospital. 202 #patients examined, 33 spectacles distributed, & 33 patients referred for free cataract surgery. pic.twitter.com/4oBiyTivef

— GHCL Limited (@GHCLLimited) December 6, 2022

 

Tags: 3445aimsbycoverenablingfoundationFY 2023GHCLGujaratinMicrofinanceofshgsstrengthenstovillages
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