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Munir Afsar, Paper Cutting, Pindi
View of the Plastic Molding Factory,
Pindi
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INTRODUCTION:
SRPO was established
in 2002 in Mirpurkhas by a group of social activist. OPP-OCT provided
training, on site guidance and line of credit to SRPO. It started with
savings programme in the villages in the periphery of Mirpurkhas.
Village Organisations (VO) was formed in 65 villages of 3 sub-districts
of Mirpurkhas. Out of 65 VO male, female and mix VOs are 45, 50 and 15
respectively. Total members of the saving groups in 65 VOs are 963.
Average members per group are 16. Every saving group meets once in a
month. Rs. 50/member/month is collected by a group leader in the monthly
meeting.
CREDIT FROM SAVINGS:
Rs. 173,620 is the
total saving of the VOs and has been kept in SRPO back account. Members
have access to credit for consumption loan from the savings. Rs. 92,000
has been given as consumption loan to 13 members. 25% flat service
charge 12.5% to be returned to VOs. The group/VO select the borrowers
and responsible for recovery.
MICRO CREDIT FROM OPP-OCT
Apart from training
and guidance OPP-OCT supported line of credit for Dec. 2002.
In the first batch
OPP-OCT provided credit to SRPO for 50 members to 14 VOs for goat
trading as Eid Package for 3 months. Selection is made first by the VOs
groups and approved by SRPO. VOs/group is responsible for recovery.
From Dec. 2000 – Feb.
2003, Rs. 832,473 has been given as loan to 120 members on live stock,
agro input and small shops.
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View of Sheir Muhammad Tea Hotel, Pindi
View of the Tariq Mehmood Kabari Shop,
where 12
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