Professional Documents
Culture Documents
PROJECT REPORT
This project would not have seen the light of the day without the
following people and their priceless support and cooperation.
Hence I extend my gratitude to all of them.
-Devyani Patil
DECLARATION
CERTIFICATE OF INSTITUTE
She has worked under our guidance and supervision. The material
referred from other sources has duly acknowledged
(Signature of guide) (Signature of
director)
Name- Name-
Date- Date-
Place- Place-
CERTIFICATE OF ORGANIZATION
Date-
20/1/2015
Bank Researcher
EXECUTIVE SUMMARY
There is a mounting hope that microfinance can be large scale
poverty alleviation tool for decades Indias poor have been left out
of the reach of the bank loans. But out of necessity and enterprise,
those locked out of the banking world have found a way out. It is
called microcredit-the extension small loans to individuals who are
too poor to qualify for traditional bank, loans, as they have no
assets to be offered as guarantee. In India, microcredit has largely
worked only through self help groups. Globally it is slowly
proving one of the most effective strategies to remove poverty.
Banks too are shedding their old reluctance to lend to the poor, and
are looking to tap the expertise of microcredit groups to create new
market which has been emphatically projected on the current study
INTRODUCTION
What is microfinance?
What is microcredit?
What I learnt-
Bank-
With its constant efforts in the banking field and mounting public
participation it opened its first branch in 1983 which is popularly
known as market yard branch
The bank automated its operations for the first time ever in 1991 by
installing computerized software in its Dana bazaar branch
In the initial years of 20th century the banks business was routed
through robust and core banking solutions and got all its branches
fully computerized
Branch expansion
PROFITABILITY
LITERATURE REVIEW
SELF-HELP GROUPS
(The heart of microfinance)
Goals-
Self help Group (SHGs) are small group of poor people. The
members of an SHG face similar problems. They help each other,
to solve their problems. SHGs promote small saving among their
members. The savings are kept with the bank. This is common
fund in the name of the SHG. The SHG gives small loans to its
members in the name of common fund.
Yes, RBI and NABARD have approved banking with SHGs. RBI
has classified loans to SHGs as priority sector lending.
The animator cannot organize the groups all alone. He or she will
need guidance, training, reading material, etc.
(These are only examples. You can also use locally important
conditions to decide whether a family is poor.)
V. Meetings
The group should meet regularly. Ideally, the meetings should be
weekly or at least monthly. (Advantage: They become closer, if
they meet regularly. This helps them to understand each others
difficulties better.)
Compulsory attendance: Full attendance in all the group
meetings will make it easy for the SHG to stabilize and start
working to the satisfaction of all.
Membership register, minutes register etc., are to be kept up to
date by the group by making the entries regularly.(Advantage: This
helps you to know about the SHG easily. It also helps to build trust
among the SHG members.)
I. Minutes Book:
b. Internal lending:
The SHG should use the savings amount for giving loans to
members.
The SHG takes loan from the bank gives it as loan to its members.
(Details may be seen in the next chapter.)
Soon after an SHG is formed and one or two meetings held where
the savings are collected, a savings bank account can be opened in
the name of the SHG.
CHALLENGES FACED BY THE WOMEN ENTREPRENEURS
This piece of work will draw our attention towards the condition of
women in todays society and the potential they possess to achieve
wonders
Itll help to conclude how JJSBL is serving society through
empowerment of weaker sections
Can be used in the SWOT analysis of micro-financing
structure of JJSBL
RESEARCH METHODOLOGY
INTRODUCTION
This chapter focuses on the methodology & the techniques used for
the collection, classification & tabulation of data. It light on the
research problem, the objective of study & its limitations.
RESEARCH METHODOLOGY
Descriptive Research
After the research problem has been identified and selected the
next step is to gather the requisite data. While deciding about the
method of data collection to be used for the researcher should keep
in mind two types of data i.e. primary and secondary.
Primary Data
The primary data are those, which are collected afresh and for the
first time, and thus happened to be original in character. We can
obtain primary data either through observation or through direct
communication with respondent in one form or another or through
personal interview.
Secondary Data
The secondary data on the other hand, are those which have
already been collected by someone else and which have already
been passed through the statistical processes. When the researcher
utilizes secondary data then he has to look into various sources
from where he can obtain them. For e.g. books, magazine,
newspaper, internet, publications and reports.
In this study data have been taken from various secondary sources
like:
Internet
Books
Magazines
Newspapers
Journals
DATA ANALYSIS
Analysis1- SHG statistics
Interpretation-
Interpretation-
The above pie-chart depicts that out of the 3800 SHGs of JJSBL
all over Maharashtra, Jalgaon alone consists 250 SHGs followed
by bhusawal, which has 179 SHGs.
The other Talukas doesnt have any impressive number of SHG
compared to these cities. This is mainly because of the rural
background of these cities
One of the most obvious reasons of such fluctuations is that
JJSBLs head office is situated in Jalgaon
Apart from Jalgaon and bhusawal, amalner also have 80 SHGs.
Analysis 3- Activities carried out by Jalgaon SHGs
Papad-making 40%
Sewing 30%
Farming 20%
Bag-making 10%
common activities by groups
papad making
sewing
farming
bag-making
Interpretation-
On the basis of the data from 5-6 most popular SHG samples, it
was found that the most common activity in which almost 40% of the
groups engage themselves in, is papad making.
30% of the women groups prefer sewing activities. And the rest of
the percentage is occupied by groups who are engaged in farming and
bag making.
Apart from these many other SHGs are also focusing on marketing
their home-made products in local hostels, hotels and schools.
Number of members- 20
Age- 30 months
ii. 200000Rs/-
The members of this group who are all specifically women, are found
to be regular in their operations and pay their monthly installments
promptly
They also conduct their meetings on a timely basis. They have also
borrowed loans twice in the last 30 months which was professionally
utilized for the purpose of-
Interpretation-
Till date the accumulated savings are 120000Rs, apart from this the
group has borrowed loan twice in their time span. The interest
charged by the bank is fixed at 14% pa.
CASE STUDY 2
No. of members- 20
ii. Sewing
Bank has being a rescuer for them and helped them by guiding the
basics of banking mechanism. Until now JJSBL has provided them
loan for utmost 3 times during the past 7 years Out of which 80000
was fully employed for the purchase of agricultural equipments which
led to the development of their business venture
Interpretation-
CASE STUDY 3
Number of member- 10
Age- 60 months
Bank loan-300000 Rs
About-
This group is known for its zest and enthusiasm particularly in the
repayment of their loans. Their enthusiasm can also be seen in their
daily lives. These women manage their household work and have
started personalized businesses on their own. Some of them give
mehendi tuitions.
Moreover it was seen that after 4 years from their establishment these
women have increased their amount of monthly savings by 100 Rs per
member. This implies that JJSBL has encouraged their saving habits
Interpretation
CASE STUDY 4
Name- Aadishakti Mahila Bachatgat
Number of member-10
Age- 74 months
Bag making
Farming
Being from rural background they are much familiar with farming
activities, so their farming activities and efforts have helped them
to repay their loan amount
Interpretation-
CASE STUDY 5-
Number of member- 14
Papad making
About-
The members of this group were illiterate on the first place, but
their head person was literate.
Interpretation
CASE STUDY 6-
Name- Tejguru Mahila Bachatgat
No. of members- 12
Age- 15 months
Bank has lent them a sum of rupees 1 lakh. When asked to the bank
about their activities I got to know that they regularly prepare the
nagli flour dough for making papads. These papads are then
sold to hotels and other restaurants. Bank identified their teamwork
and marketing skills and supported them by giving them an
opportunity to setup papad-stalls in last years Jalgaon janata
fair
Interpretation
Their monthly savings of 200rs per member has resulted in
accumulated savings of 310000 rupees. Members are also actively
taking part in group events, which helped them to repay their
100000rs loan at an interest rate of 14% pa. They maintain books
on regular basis for recording their marketing operations.
FINDINGS
CONCLUSION
This part will lay out some suggestions from my side to JJSBL as
well as the SHGs women with whom I responded. The suggestions
are as follows-
BIBILOGRAPGHY
Section A :
_____________________________
Name of the group :
______________
_____________________________
Address of the group:
______________
Comments :
______________________________________ Score : _______
_
6. The group has made at least one effort to promote social justice
and/or prevent the exploitation of its own members by others.
Comments :
______________________________________ Score : _______
_