MICRO FINANCE AND MICRO ENTERPRISE

Rajiv Youth Foundation formed more than 200 SHGS in the villages of Malappuram so as to strengthen their financial status through the principles of thrift and credit based on self help. Besides it had provided a microfinance support of Rs 25 lakhs for the use of members. The money was utilized for various income generation activities such as dairying, goat rearing, vegetable cultivation as well as other petty trading activities. The capital for microfinance was lent by Canara Bank.

Leave a Comment

Your email address will not be published. Required fields are marked *