SAVE promotes and establishes SHGs (self-help groups), a community-based group with 10-15 women from similar social and economic backgrounds, all voluntarily coming together to save small sums of money, on a regular basis. They pool their resources to become financially stable, taking loans from their collective savings in times of emergency or financial scarcity, important life events or to purchase assets. The group members use collective wisdom and peer pressure to ensure proper end-use of credit and timely repayment. SHGs are then linked to financial institutes to access financial services, including collateral free loans to these groups on very low interest rates. Further these SHGs are linked with public sector schemes for financial and technical supports to expand their livelihood activities or to undertake new activity.
Beyond their function as a savings and credit group, SHG's offer poor women a platform for building solidarity and allow women to come together and act on issues related to their own lives including health, nutrition, governance and gender justice etc..
Building and strengthening women’s collectives, providing collectives with access to information – on available services as well as their rights and also provide support in making sense of it and use it to their best advantage.
We at SAVE, create an enabling environment for the women where they can make a decision of their own for their personal and family benefits as well as for society. This brings equality in the society for both male and female, by increasing and improving the social, economic, political and legal strength of the women ensuring equal right and to make them confident…