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Entrepreneurship
Development Training
The
entrepreneurship training seminar was conducted for the
new applicants, at the training centre, Nagpur, on 14th
June 2002.
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participants, both men and women, had participated in it. They were
divided in groups. Information on small business, it's capital needs
it's management and business record keeping systems were taught.
Formation of women's self help groups of ten members each. Our ladies
project officers and imparting training to these members. In the
picture, participants are seen taking part in the seminar. |
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Women's
Credit Union
CDS
provided $65 loan for starting the business of manufacturing lamps
in a small house in slum with a small loan. How much profit can
be earned by selling night lamps in the slum area? Is it the perfect
selection of the business?
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shows the entrepreneurship quality of the women's group loan. The
client is not only transforming herself but also helping the society
by providing lamps in the slum where no electricity is available.
The metal ring seen in the picture is further processed by fitting
glass and then this glass to the lamp obtain the finished product. |
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Individual Lending
Mrs.
Shobhana Pathan, a divorcee, comes from a very poor family living
in Nagpur slum. She has three daughters to support. Twelve months
ago she was in a very poor and distressed condition, having no
money, no support and no job.
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was working as a maidservant and was earning only Rs. 300/- ($36)
per month. Our Community Development Staff noticed her plight and
helped her to establish small counter in her house to sell popcorn,
sweets, chocolates and other food items with the loan of Rs. 3000/-
($60) from CDS which she refunded later. Her new venture raised
her income to Rs. 1500/- ($30) per month approximately. CDS sanctioned
her another loan of Rs. 5000/- ($100) to expand her business which
she utilized to add grocery and some general items to her shop.
The per day sale of her shop has gone up to Rs. 500/-, the net profit
being Rs. 100/- per day. Mrs. Shobhana Pathan as seen in the picture
is full of smile and is seen confident to sustain herself and her
three daughters. Like her there are many whom CDS has helped to
establish and start a new life full of hope. |
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General
News:
CDS
is very much concerned and sorry to say that the office vehicle
was stolen on the night of 27th May, 2002 from the Amravati Office
Campus. So far there is no trace of it neither it could be known
who might have done it. Your prayers for the recovery of the vehicle
would be appreciated. Thank You.
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