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IFAD
Assisted TN Women Developement Project
This
project is indeed the jewel in the crown. Originally programmed as a
agriculture and land - based project in 1989, the year of launch, it
evolved into a movement for economic empowerment of women, through
formation and careful nurturing of Self Help Groups with the help of
Non-Governmental organizations. Indian
Bank has been our partner in extending credit of over
Rs.800 million in a span of 9 years to about 1,20,960 women in
5207 Self Help Groups. The project officially came to a close on
31.12.1998. However post project activities involving release of
Capital Development Fund(CDF) Assistance, loans to unassisted groups
(with subsidy) and sustainability training is going on. These SHGs
have made remarkable progress as documented in the evaluation reports
mentioned below. IFAD SHGs, most of which have become self-reliant,
are a testament to the epoch-making work of NGOs, Government of Tamil
Nadu and Indian Bank.
The
project highlights are as follows:
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