Livelihood Finance Project- Ujjiban
Ujjiban (meaning revive, give new life)- the livelihood finance project of Aawaaz was initiated to empower extremely impoverished people, especially women to engage in self-employment projects that allow them to generate an income and, in turn support the nutrition, education and medical needs of their families. This project was started in the month of June 2011 through initial investment by Mr. Nilendu Chakraborty and Mr. Mahesh Nathan. Mrs. Chitrarupa Das, one of our Board members is overseeing the functioning of this project.
Ujjiban has grown considerably from the previous year especially because of a grant made available by the Mustard Seed Foundation. From a group of 20 members, Ujjiban grew to 103 members in the current project period.
Areas of work- Dakhineswar (42 members), Amherst Street (50 members) and Selimpur Road (11 members). The work among Selimpur group of women was started in May 2014. The project is sustained by a comparably lower rate of interest that is charged by other microfinance institutions. Our minimum disbursement is Rs. 8000/- per member and repayment is done on a monthly basis for the convenience of members.
These groups comprise women who come from below poverty line, widows, AIDS infected/affected women or those struggling to survive due to poverty or conflicts in family.
A small loan has meant big changes for these women!!
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