Empowerment of Women through Microcredit Program

Who are the Beneficiaries :

Marginalized families in 26 mandals of Andhra Pradesh and Telangana.

Brief description of the project:

This is a thrift and credit programme for marginalized women in rural areas. These women cannot get credit from banks as they cannot offer security. This leads them towards private money lenders who charge exorbitant interest rates. Credit for development needs or for emergency is difficult to get. This often results in debt-bondage that puts the family into a trap of exploitation that can run on to the next generation.

The micro credit programme is to give low-interest loans to women. The members join a “Mutually Aided Cooperative Society” (MACS). MACS is a registered body under the MACS Act, 1995 of the Government of Andhra Pradesh, India. This cooperative society is fully owned and managed by the members. They are the shareholders and at the end of the financial year the accounts are audited and profits are shared equally with the members. It is a fully democratic set up where women members constitute the board of directors. The registration of the state federation gives more visibility to the MACS to mobilize credit from Government and non government organizations and also carry out social and developmental activities.

The members join MACS as a neighborhood group. They deposit their monthly thrift amount in the MACS account. After six months they can get a loan amounting to 5 times the thrift deposited. The interest rate is 12%. They repay the loan in an agreed number of installments and continue the thrift. Then they are eligible for a second loan and so on. The programme has hundreds of success stories where women have climbed out of the poverty trap using micro credit.

Highlights :

  1. No.of Mandals (MACs) – 26
  2. No.of members – 15446
  3. Total paid up share capital – Rs.14,06,800
Mar, 09 2016

International Women’s Day at BIRD, Guntur

International Women’s Day was organized at BIRD, Guntur on 08 March 2016. Ms.Sk.Johny Moon, Chairperson, Zilla Praja Parishad – Guntur, attended as a Chief Guest, and guest of honorees’ was as follows: Chief Guests presided for this International Women’s Day Program Fr.Thathireddy Vijaya Bhaskar Reddy, Provincial, Hyderabad Sr.Ratna Mary, Provincial, St.Ann&rsquo

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Jul, 06 2015

Upgradation of skills for MACS staff

Forty two staff members of BSK’s Micro-credit program attended a 3-day training program for upgradation of their skills in MS Office. Resource person was Prof.Prasad, Associate Professor at JKC College, Guntur.  Topics included basic internet usage, presentation and written communication skills.  Training started at 10.00 AM on 29 June 2015 and concluded on 01 July, 2015 at Bosco I

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Mar, 17 2015

Women’s Day at Thallada

Lourdu Matha Convent is working for women development programme through savings and loans in collaboration with Bosco Seva Kendra. International Women’s Day was celebrated on 8th March 2015 at Lourdu Matha Church campus with 120 women. The programme started at 2.00 pm with different games for the women. It was a thrilling experience for women, as they played like children, forgetting al

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Mar, 10 2015

International Women’s Day @ BIRD, Guntur

Women’s Day at Guntur was celebrated on a grand scale.  Around 350 women from three mandals, representing Nirmal MACS, Mother Theresa MACS and Kranthi MACS gathered for the program. Chief Guest for the day was Dr.M Venugopal Reddy, MLA. Special Guest was Dr.V Jyothi, Women’s Social Convenor.  Fr.Baly, CEO, MACS and Fr.P Arul Das, Asst.Director, BSK was the Guest of Honor.

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Mar, 09 2015

International Women’s Day @ MACS

Women’s Day was packed with a lot of inspiration and perspiration at MACS Office, PT Parru, Guntur District. After some highly inspirational messages by special invitees – Sr.Stella, Correspondent & Superior, JMJ College, Tenali ; Sr.Sahaya Rani, Correspondent, Don Bosco High School, P T Parru ; Ms.P Padma, Manager, Lisa Beauty Parlor, Hyderabad ; Fr.Rayappa, Rector, Don Bosco P

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Feb, 26 2013

Kumari Helps her Family Business Grow

Kodamanchili Kumari belongs to P Gannavaram, and joined Ramakrishna SHG of the Swayamkrushi MACS, on 12 October, 2011.  In a span of four years, she has been instrumental in taking her family business of making bricks from a struggling enterprise to a flourishing one, even providing employment to others. “I am a member of Bosco Swayamkrushi MACS.  I have two children and wish to

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Feb, 15 2015

From Field Labour to Merchant on Wheels

N Sulochana is a resident of Nidubrolu Town near Vijayawada, Krishna District of Andhra Pradesh.  She and her husband would work as farm labourers and manage their household of five members. Both of them have a keen interest to educate their 3 daughters. Sulochana first heard about thrift and credit in January, 2011 when members from Bosco Janani MACS conducted a meeting in the neighboring

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Nov, 20 2014

Bosco Swalambana MACS enables entrepreneurship

“My name is G Mani Kumari. My husband Kumar is a mechanic. I wanted to support him in any way to improve our household income and ensure better development of our two children. “I joined Swarna SHG and started saving money. With all the loans I got from Bosco Swalambana MACS, we set up a Two-wheeler servicing centre – ‘Kristu Mahima Mechanic Water Servicing Center’

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Sep, 23 2014

Emerging Entrepreneurs in Amalapuram

“My name is K.Satya Kumari. My husband Satyanaryana and I used to do field labor and odd jobs. We were able to just manage our household of four. Our aim in life is to educate our two children. When I heard about the SHG forming in my neighborhood, I joined in with a monthly saving of Rs.100/-. After six months, when I got a loan of Rs.5000/-, I set up a tea stall. My stall did good busin

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Aug, 24 2014

SWAYAMKRUSHI MACS, Chandur – promoting self-reliance

Goli Vijaya Rani belongs to Angadipeta Village in Chandur District. She joined a group of ten women to form a SHG called ‘Vennela’ on 22 Oct 2010. This is a story of her determination and self-reliance. Vijaya and her husband Swaroop Raju are professional weavers. Their family knows no other trade or work and hence are solely dependent on their handloom. The would execute orders pla

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Sep, 23 2011

Review Meeting of MACS Coordinators

On 16th September, co-ordinators of all the MACS got together for a review meeting at BIRD, Guntur.  Fr.Arul Dass, Asst. Director, BSK convened the meeting. He invited the attention of the participants to a dynamic approach in order to develop the MACS to higher performance levels.  Some of the points discussed were  related to the statutory compliances viz., General Body

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Jul, 22 2014

Sharing family responsibility by stitching clothes gives lot of satisfaction — Dhanalakshmi from Uppalaguptam

My name is Seelam Dhanalakshmi and I am from Uppalaguptam Mandal. My husband’s name is Seelam Durga Rao. He works as a tractor driver and with the income he is earning through that he is looking after the family. I want to help and support by husband in looking after the family. I know stitching but to buy a sewing machine we don’t have enough money.One of my neighbors K. Jyothi explai

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Jul, 21 2014

Confidence can bring lot of change in family status — Satyavathi from Uppalaguptam

My name is Nandampudi Satyavathi and I am from Uppalaguptam Mandal. My husband’s name is Sai babu and we have three daughters. We do the laundry work and are looking after the family. One daughter is studying B.A and the other is studying Intermediate. One volunteer by name B. Mangadevi who is working with Bosco Swasakthi MAC society came to our village and explained us about the

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Jul, 14 2014

Bosco Swalambana helped us in starting our own vegetable shop — Rayudu Kumari Ambajipet

My name is Rayudu Kumari and i am from Ambajipet Mandal. My husband’s name is Simhachalam. I have two sons and they are studying 10th class and 9th class respectively. I heard about the Bosco Swalambana MAC society and formed a  group along with my friends and named it as “Om Sai Manikanta Group”. we joined the society on 4-2-13. It has been 1.5 yrs that we associate

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Jul, 19 2014

Never thought that we will start a Coir Business says Dhanalakshmi from Ambajipet

My name is Daara Dhanalakshmi and i am from Ambajipet Mandal. My husband’s name is Anandarao. “Bosco Swalambana MAC” society has conducted a seminar in our village in which they explained about the rules and regulations of the Micro Credit Program. After listening to them and understanding the guidelines i joined the society immediately. Its already been 4 yrs that i

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Jul, 19 2014

Coal business is helping me in leading a happy life says Adilakshmi from P.Gannavaram

My name is Adilakshmi and i am from P. Gannavaram. My husband’s name is Ramakrishna. I heard about the “Bosco Swayamkrushi MAC” society from my friends and it has already been 4.5 yrs that i have joined the MAC society. A volunteer from MAC society Ms. Babykumari came to my place and explained about the society to me and then along with 8 other members we formed as a grou

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Jul, 19 2014

Weaving and Stitching can also make a living — Hymavathi from P.Gannavaram

My name is Hymavathi and i am from P. Gannavaram. My husband’s name is Satyanarayana. I heard about the “Bosco Swayamkrushi MAC” society from my friends and it has already been 4 yrs that i have joined the MAC society. My friend Meenakshi came to my place and explained about the society to me and then along with 8 other members we formed as a group and named it as “Satya

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Jul, 16 2014

Rohini is now a milk vendor

My name is N. Rohini and I am living in Peddapanjani Mandal, Chittor Dist. Me, my husband, my son and my mother in law we all go to work as a daily labour and earn for the survival of the family. I stay at home and look after the house hold wor  I am a member in the Bosco Women’s Mac society from the past 4 years. Ten of my friends along with me came forward and formed a group and named

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Jul, 16 2014

Journey of Mubeena from a daily labour to a shop owner

My name is S. Mubeena and I am living in Peddapanjani Mandal, Chittor Dist. Me, my husband, my son and my mother in law we all go to work as a daily labour and earn for the survival of the family. I am a member in the Bosco Women’s Mac society from the past 3 years. Ten of my friends along with me came forward and formed a group and named it as “Balaji” and started saving in t

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Jul, 15 2014

Story of K.Devi from Chowdepalli

My name is K.Devi and I am from Chowdepalli Mandal, Chittor Dist. My husband’s name is Venkata ramana. I joined the MAC society in Muneeswari group 4 years back and continuing till date. I belong to SC caste. I have a savings of Rs. 4000 with the society. I am saving Rs.100 every month. I got the first loan of Rs. 5000 and with that I started a small shop. Every day I am earning Rs.100 apart

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Jul, 15 2014

Story of Jayamma from Chowdepalli

My name is S. Jayamma and I am from Chowdepalli Mandal, Chittor Dist. My husband’s name is Redappa. I joined the MAC society in Prabhu group 5 years back and continuing till date. I belong to SC caste. I wanted to settle well in life and be happy with my family. I have taken a loan of Rs. 15,000/- and bought a cow with that. The cow is giving 4 liters of milk per day and I am earning a good

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Jul, 14 2014

Starting an own business and supporting the family gives happiness

My name is M. Nagamani and I am from Pezzonipet Mandal. Ours is a poor family. My husband works in a wholesale shop. We have one daughter. My husband’s salary was not sufficient for the survival of our family. I told my husband that I will also work and support him in fulfilling the family responsibilities. But my husband said no for that. I was thinking of doing something and helping him bu

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Jul, 14 2014

Supporting husband and sharing family responsibility gives immense happiness

My name is P.Sailaja and I am from Pezzonipet Mandal. Ours is a poor family. My husband works in a private company. We have two children, a son and a daughter. Son is studying 7th standard and daughter is studying 5th standard. The salary my husband gets was not sufficient for our survival and we used to struggle a lot for our survival. My husband told me to work somewhere so that we can

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Jul, 14 2014

Taking up responsibility and bringing up children is not a small challenge

My name is K. Jyothi and I am from Pezzonipet Mandal. Ours is a very poor family.My husband use to work in a footwear shop. Leaving me and our three children he disappeared somewhere. It’s been 4 years he left us. All three daughters are studying Intermediate, 10th standard and 8th standard respectively. I work in a hotel and the salary I was getting was not enough for our survival

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Jun, 25 2014

Success story of K. Krishnaveni from Ambajipet

My name is K. Krishnaveni and I am from Ambajipet Mandal. My husnabd’s name is Venkateswara Rao and he is into agriculture. I joined the Bosco Swalambana MAC society three years back with a group of friends and named it as “Sruthi” Group. I was saving in the group regularly. I saved in that group for 6 months and got the first loan of Rs. 5000/- and second loan of Rs.10,000/-

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