Microfinance Programme
Promotion of Microfinance Sector in the resettlement
location in the North region
 Implementation

Objective: The Microfinance programme is expected to provide sustaining benefits to such environments where savings and responsibility will be encouraged and investments available to increase livelihood opportunities or resume lost livelihoods. Micro Finance needs out -weigh its supply, due to the rising cost of living, the loss of property and displacement and the need expand or rebuild business. Given the fact that the resettled families are extremely vulnerable with female headed families or those that consist of disabled persons, such an opportunity will be of much value for the resettles to recommence their lives. This will also help improve their material and psychosocial needs by once again increasing their level of interactions and forming networks through savings programs.

Implementation done as follows,

  • Data collection by using the PPI tool developed by ProMis and training of CHA staff working on this program
  • Meetings at Village level and the informal group formation
  • Community mobilization for preparing the groundwork for the programme
  • Establishment of self help groups based on results of appraisals
  • Monthly meetings with the community protection network to facilitate and highlight needs of the village inhabitants and seek redress. Building a community nucleus capacity to benefit the economically inactive poor utilizing members of the Community Protection Network (CPN) and youth volunteers
  • Training and awareness creation for targeted recipients
    • Economic development schemes, SIYB workshops
    • Development sensitivity  and Do No Harm trainings
    • Entrepreneurship assistance and development through business related trainings
  • Follow up, Monitoring of progress and collection activities
    • Working with the Gami Pubuduwa field officers to monitor progress of activities and ensure participation of group members
    • Track progress of recipients of grants ( not funded under this initiative) and training and enhancement of their families through improved income generation

Activities in Summery 

The project implementation was carried out in Mannar and Vavuniya Districts in 2 phases. During the 1st Phase which was between the time periods of September 2010 – November 2010 the mile stone of reaching 400 beneficiaries were achieved. The balance 400 was achieved with in the period December 2010 – April 2011.

Activity

1st Phase

2nd Phase

PPI data collection

400

400

Group Meetings

12

20

SIYB trainings ( Start and Improve Your Business)

4

4

Skill Development

4

4

Awareness raising training

4

4

Kick off training

2

2

Training & Capacity Building

2

2

Follow up Training

1

1

Forums with CBO’s

2

4

Additional Skills Development Programmes

0

07

Creation of Market Linkages programme

0

2

Case studies of benefited clients

0

05

Click here : Final Report

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