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  project name ~ ERDS-Vikahar Project

category ~ Microcredit

 
       

  

     

  Project Name

 

ERDS-Vikahar Project

  NGO

 

Economc Rural Development Society

  Category

 

Microcredit

  District

 

Dakshin Dinajpur

  State

 

West Bengal

  Budget Approved

 

Rs 200000

 

  Year Approved

 

2011

 

 
 
 
 
 

  Photographs

 

  Chapter Coordinators

 

Naresh Buddhavaram

 

Blacksburg

 

  Caption

 

 

 

  Summary

 

 

Economic Rural Development Society is a non-profit, secular and non-political organization dedicated to ameliorate the misery and privation of the downtrodden people. Presently it operates in West Bengal. It strives to implement the process of change for the benefit of the weaker sections of the population.

Vikahar is one of the many villages ERDS is working on. In Vikahar, they have several projects like microcredit, education etc. In the microcredit project, microloans are sanctioned to omen belonging to groups (at least 6 in each group) which present a suitable justification for the financial need. These loans are used to set up small businesses like grocery shop, tea stall etc. Once these loans are paid back, the money is given as loans to others. This makes the project a self sustainable one.

 
 

  Achievements

 

 

So far, many poor families at Vikahar has been economically helped. We started supporting the microcredit project in 2010. Last year, we funded Rs. 2,00,000. It was given to 40 women (Rs. 5000/-). Attached documents entitled ''''''''''''''''''''''''''''''''Micro Finance Report Jan 2011'''''''''''''''''''''''''''''''' and ''''''''''''''''''''''''''''''''Micro Finance Report March 2011'''''''''''''''''''''''''''''''' shows the progress.

 

  Goals

 

 

To raise the status of the underprivileged, illiterate, poor and backward people by way of motivation and human resources development, thus building a self-reliant society through efficient and effective utilization of local resources. It has different projects in the areas like micro credit, education. Blacksburg chapter has agreed to fund its micro credit project at Vikahar, Dakshin Dinajpur, West Bengal.

 
 

  


 
 
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