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Home > Institutional Grants > Rural Livelihoods and Communities > Microfinance
 
Consolidation and upscaling of microfinance and livestock based livelihoods programme
 
Organisation
(i) Self-Reliant Initiatives for Joint Action (SRIJAN), New Delhi
(ii) Professional Assistance for Development Action (PRADAN), New Delhi
Project name
Consolidation and upscaling of microfinance and livestock based livelihoods programme
Grant operationalised
July 2010
December 2010
Duration
3 years
2 years
Grant amount sanctioned
SRIJAN (grant amount: Rs8.95 million; grant duration: three years)
PRADAN (grant amount: Rs7.90 million; grant duration: two years)

Activities within the grant and expected impact:
The projects seek to consolidate the work in microfinance and livestock based livelihoods promotion undertaken in Tonk and Dholpur districts with nearly 6,000 members, support the women’s federations to become financially viable through provision of diversified livelihood services to members and expand the outreach of the existing projects to 12,000 members, focusing on intensive livelihoods work with approximately 5,500 members.

SRIJAN:
Over a three-year period, SRIJAN proposes to expand its programme from the existing 1,743 members to 5,000 members in two geographical clusters of 55 and 35 villages respectively. Project components include:

Saturation and strengthening of the existing SHG federation in Duni tehsil through formation of 100 new groups, thereby increasing total number of groups to 250, and making federation operations financially self-sustainable through diversifying current services of the federation and promotion of a new federation in the adjoining Deoli tehsil comprising 150 groups
Scaling up the dairy programme in existing location from 1,206 to 2,500 members and enhancing milk productivity through increased and better quality health, breed improvement, green fodder promotion and assured market returns through milk marketing
Agriculture-based productivity improvement interventions in pearl millet (bajra), wheat and mustard to enhance food security and fodder sufficiency.

During a three-year period, the expected impact would be as follows:
Increase in availability of credit for existing 1,743 households from Rs4,300 to Rs9,600 per member and for new 3,257 households to Rs5,000 per member per annum
Increase in dairy income for existing 1,200 households from Rs19,481 per household to Rs24,000 per annum and for new 1,300 households by Rs8,000 per annum over current incomes of Rs8000 – 9,000 per annum
Yield increase of 25 per cent in pearl millet and wheat and 30 per cent in mustard, thereby enhancing food security by four more months and fodder security by three more months
100 per cent cost coverage by existing federation and 82 per cent cost coverage by new federation, thereby making these community institutions financially viable
Generating operating profit for dairy producer institution across lean and flush seasons by year 3, while ensuring that a minimum of 80 per cent of the milk sales price is passed on to members.

PRADAN:
Over a two-year period, PRADAN would consolidate and deepen its work in two of the three existing blocks and increase outreach of its programme from the existing 4,320 members to 7,500 members through microfinance and dairy and agriculture based interventions. Project components include:

Formation of 265 new groups, taking total number of groups to 625 in two existing federations, streamlining institutional structure through formation of clusters and strengthening federation and undertaking diversified livelihood and insurance services through federations
Strengthening dairy based livelihoods of 3,000 members, including 1,200 additional members. through upscaling of health and breeding services delivered by two service centres
Enhancing food and fodder security through agriculture productivity interventions with 3,000 members in pearl millet (bajra), wheat and mustard.

During a two-year period, expected impact is as follows:
Increase in availability of credit for the existing 4,320 households from Rs3,500 to Rs5,000 per member by year 2
Increase in milk productivity of over 4,500 cattle of 3,000 members by 30-35 per cent thereby increasing net income from dairy from the existing Rs8,400-9,000 per annum to Rs12,000 per annum
Increased fodder security for 3,000 households from current 6 months to 10 months and an additional cash income of Rs4,000 from mustard and wheat for 1,500 households.
91 per cent cost coverage by one federation and 80 per cent by second federation in two years.