Women Self Help
Started in August 2009 -Composed of four groups (10 women in each group). Each woman regularly deposits $2.22 USD (100 Rupees)per month into a joint bank account. If someone is in urgent need of money they can apply to the group leader for a loan. The idea is to not only teach them how to save money regularly, but to provide loans so these women can start a home based business earning money for their families. If approved, this loan will be given to them with low interest rates of 3% which they will have to repay within one year. In order to start giving loans we must have $222USD (10,000 Rupees per women). As they start repaying this money we can continue giving loans to more and more women setting up new self help groups.