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Rural Women Bank

Rural Women Bank

AXION

The Mann Deshi Mahila Bank designs savings, credit, and micro health insurance products according to the need of the poor rural women population: 1. Savings: Bank has catered daily weekly and monthly saving products for poor women. 2 Credit: Bank has designed the credit program, which has a daily weekly and monthly repaying system. 3. Micro Health insurance: The Bank, with tghe participation of its partners, has designed micro insurance products that save poor communities in the area from the trap of moneylenders. Primary clients are street vendors, milk vendors, shepherd women and nomadic women, as well as craft workers and small entrepreneurs. Impact – Prior to Mann Deshi Mahila Bank, women in this area had no financial options other than taking emergency loans from money lenders at an exorbitant rate of interest. Now women take loans from our bank to start new businesses and to develop productive assets. If women control their finances, the entire family benefits as more money is spent on children, education, and household necessities. To see the impact, visit the link www.manndeshi.org/approach.htm . Innovations in Rural Development: Providing bicycles to schoolgirls to reduce dropout in school. Because of the lack of transport facility. As of December 2004 the Bank has lent 400 bicycles. Property rights for women: In 2004 Bank successfully lobbied with the Revenue Department to include women names in the property papers. Today nearly 600000 women have been able to get the share in the household property

INFO

Development,Gender Equity,Social Leadership & Entrepreneurship
Funding
Asia
India
Not particularly
Mann Deshi Mahila Bank

INTERACT!

http://www.manndeshi.org/index.html

http://www.manndeshi.org/contact.html

Mhaswad
Tal. Mann Dist.,Satara
415509 Maharashtra,
India.

+91-23732-70141
+91-23732-70788

ACT!

http://www.manndeshifoundation.org/donate.html

http://www.manndeshi.org/loans.html

http://www.manndeshi.org/internship.html

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