COVER HINDI - Ministry of Women and Child Development

Objectives
11.3 RMK extends micro-finance services through a
client friendly, without collateral and hassle-free loaning
for livelihood activities, housing, micro-enterprises, family
needs, etc. RMK has also taken a number of promotional
measures to popularise the concept of micro financing,
thrift credit, formation and stabilization of Self Help
Groups (SHGs) and also enterprise development for poor
women.
Loan Schemes Of RMK
Loan Promotion Scheme
11.4 RMK provides smaller loan maximum upto Rs. 5
lakh to promote the activity of thrift and credit among
newer and smaller but potentially capable organisations
having atleast six months experience in formation of Self
Help Groups, thrift, credit and recovery management.
Main Loan Scheme
11.5 Organisations having minimum 3 years experience
in thrift and credit activities are being considered under
the scheme. A maximum Loan upto Rs. 300 Lakhs can be
granted at a time under this scheme.
Revolving Fund Scheme
11.6 Organisations having 5 years experience in the field
of micro credit with satisfactory track record are being
considered under this scheme. The organisations can
revolve principal amount sanctioned by RMK for income
generation activities among the SHGs. Maximum Loan
of Rs. 500 lakhs can be given under this scheme.
Bulk Lending Scheme
11.7 Larger organisations having satisfactory track
record, good credit rating, sound financial base could avail
funds in bulk under this scheme. A maximum Loan of Rs.
500 Lakhs can be given under this scheme.
Members of a Self Help Group financed by Rashtriya Mahila Kosh seen tailoring.
168 Annual Report 2006-07