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The
doubling of outreach of microfinance
services to poor people from two million
households to four million across different
promoters |
|
|
Greater depth of financial services
as shown by the increase of average
loan size to a group, from Rs25,000
to Rs37,000 |
|
|
Improvement
in the quality of groups being promoted,
as reflected in the number of A grade
groups, and improvement in promoting
agencies |
|
|
Promotion
of a network of resource agencies in
microfinance, and livelihoods in Rajasthan
as reflected in increased efforts at
human resource development and innovative
programmes |
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|
A
policy environment conducive for microfinance
in the state as reflected in policy
announcements and reviews. |
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|
Broadly,
the support constitutes the following
components: |
| |
|
Resource agency: CmF will be a nodal
agency for SSV, providing technical
support to the field partners, documentation
and dissemination of experiences. It
would work intensively with leading
banks in Rajasthan to help design more
pro-poor microfinance strategies, besides
closely working with government departments.
|
| |
|
Idea
incubation: Key bottlenecks and emerging
opportunities in the microfinance and
livelihoods sector will be addressed
through incubation of new ideas. |
| |
|
Knowledge
hub: The state of current research will
be strengthened through research studies,
state of sector report in Rajasthan,
documenting best practices, policy papers,
website, library and news |
| |
|
Networking
and collaboration through the organisation
of an annual colloquium, district level
forums and an e-group. |
| |
|
Spearhead
teams (SHT), which act as catalyst to
develop the district as model microfinance
district |
| |
|
The
expected impact of the project will
be in terms of the availability of microfinance
services at the community/individual
level in terms of: |
| |
|
|
Improvement
in access to microfinance services for
186,000 families through direct work
with partners |
| |
|
|
Sensitisation
of 750 bankers |
| |
|
|
Induction
of 200 rural youth into development
work with incomes of Rs3,000 to Rs5,000
per month |
| |
|
|
At
institutional level, the impact is expected
in terms of: |
| |
|
|
|
Greater
clarity on microfinance and enhanced
delivery capacities for about 20 institutions,
comprising banks, government departments,
donors and non-profit organisations
|
| |
|
|
|
Emergence
of a strong network in the state |
Finally, at the sectoral level, CmFs
impact will be more dispersed.