The broader goal of the Micro-Finance intervention through the project is to create an ambiance of faith with regards to the regards the approach of banking with the poor. It is aimed at creating institutions of the poor who are empowered enough to run the institution on merits of financial prudence and sustainability. It also aims at taking multi-pronged strategy for ensuring financial flow to the rural economy from main stream financial institutions and other complementary sources like that of SHPIs and MFIs. In addition, the medium term objective of sub-component is as follows:

  • To ensure that assets are created and incomes are improved for the community based organizations (CBOs) established or strengthened in the project.
  • To facilitate the poor to convert their secure asset base into an economically viable, improved and sustainable living;
  • Facilitate bookkeeping and accounting systems for CBOs for promoting transparency, accountability and ambiance of faith for other stakeholders.

RF/CIF Guideline(2.3 MB)

RF/CIF Guideline (Hindi)(117.4 KB)

RF Released to SHGs Intensive and Non-Intensive 2014-15 List-01 (6.1 MB)

RF Released to SHGs Intensive and Non-Intensive 2015-16 List-01 (2.3 MB)