4. MICROFINANCE AND ITS RELEVANCE INMICROFINANCE AND ITS RELEVANCE IN
POVERTY ALLEVIATIONPOVERTY ALLEVIATION
Meet basic needs and protect against risks.
Working capital for income generating activities.
Asset creation and more employment opportunities
Save from the trap of money lenders.
Quality education for children
Empowerment of women and development of children.
Linkage building with resource agencies
9. ASA – LIONS INTERNATIONAL
Joint endeavor towards Poverty alleviation.
Reaching Microfinance to the bottom of pyramid.
The joint intervention is in the form of:
a)Leveraging the strengths of each other
b)Self sustaining and cost effective model.
Other social intervention by LIONS integrated into
the Microfinance activity.
Microfinance ++ activities also integrated into the
scheme.
10. Impact Statistics - Sept 2013Impact Statistics - Sept 2013
Amount invested by Lions as Guarantee
Fixed Deposit: INR 5 Million
Total Onwarding Micro Lending : INR 4.5 Million
Margins held by Bank : INR 0.5 Million
Amount Disbursed as Micro Loans : INR 4.5 Millions
Present Outstanding : INR 4.69 Million
Beneficiaries at Base of Pyramid : 450 Families
Loan Defaults or delays in recovery : Nil
Branch servicing : Gangadharpur/West Bengal/India
11. Follow your Dream Project
Few Beneficiaries - Joint Activity of Lions International and ASA India
12. "As many micro-credit schemes across the
world can testify, investment in women is
the best investment for the future.”
Ban Ki Moon
Thank you!