Beruflich Dokumente
Kultur Dokumente
Main Objectives
To provide credit facilities to poor individuals joined together, based on the concept of mutuality called Self Help Concept. To facilitate and liase with governments, ressource institutions etc., for establishing financial and other linkages. To promote, develop, finance rural and urban industries in all fields of benefit and interest to the poor. To provide services of training, capacity building, capacity assessment, evaluation of self help groups, federations and other organizations. To assist rural, tribal and urban development and relief for poor by all conceivable means.
Governance
KDFS
is a unique institution governed by poor people. Therefore, it is called People Institution. The Board of Directors consists of twelve persons of whom 4 are People Leaders and the remaining 8 are eminent Development Workers having adequate experience and working knowledge in the field of Micro Finance and the Board members govern the institution.
The delay in the sanction of loans from the mainstream financial institutions and commercial Banks is being compensated by the timely assistance from the Company to Bridge the gap. Wherever there is no commercial bank in the place of operation of the locations, it is acting as a financial linkage institution to meet the needs of the poor. Education Health Drinking Water Connection House Electrification Income generation activities Small Business Dairy, Goat & Sheep rearing Agriculture loans such as seed & fertilizer purchase, ploughing machine, Bullocks etc.
Values
It provides economically viable and flexible financial services to the poor. To accomplish this, the Institution having, Highly specialized software Good governance practices Focus on development Finance Building capacity and empowerment of people. Propagating good values and governance system to people.
Areas of operation
KDFS
is currently operating in 12 states viz. Tamil Nadu, Pondicherry, Andhra Pradesh, Karnataka, Kerala, Orissa, Rajasthan, Madhya Pradesh, Maharashtra, Assam, Jharkhand and Bihar networking with Kalanjiam and Vayalagam programme of DHAN Foundation and NGOs like IBTADA, Aravali, Srijan, etc.
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2. 3.
Started in 1990. Model of microfinance with emphasis on Member ownership, Shelf help and mutuality. The primary purpose of this model is to Empower the women Address poverty by going beyond microfinance Promotion of nested institution (groups, cluster and federations) is core aspect of this model with greater emphasis on sustainability through establishing linkage with mainstream and covering the cost of operations.
Building women self-help groups and their federations at the grassroots and enabling them for community ownership and sustainability are key elements of the approach. So far, 40,618 primary groups at village/slum level covering 609,139 families have been promoted in 12 states of India and the groups have been networked into 209 federations. The approach strongly emphasizes on integrated development and microfinance plays a starter role in organizing the community. Matured Kalanjiam federations have gone beyond microfinance and have integrated agriculture, dairy, natural resource management, social security, nutritional security for women, safe drinking water, sanitation, primary education, housing, vocational skill building, migration, micro-justice etc., aiming at overall development of poor. Source-http://www.dhan.org/themes/kf.php
Kalanjiam Foundation has promoted 25 federations in urban slums of cities namely Hyderabad, Madurai, Mysore, Salem, Tirupati and Vizag. These federations address livelihood issues of migrant families in the slums. In addition to livelihood financing, the urban SHGs and their federations focus on housing needs of migrant families and promotion of vocational skills among women and youth. Nearly 15,000 families have been supported for new house construction and upgrading existing houses through linking with housing apex banks and Municipal Corporations. Source-http://www.dhan.org/themes/kf.php
Reversing priorities-Going beyond microcredit. Promote collective action to promote demand system. Promote self-governance-Develop own programs and products. Co-learning among primary groups. Capacity building to strengthen local management. Establish institution linkage and create identity. Promotion and development of new products. Scale advantage- Sharing of resource. Promote peer pressure for self-regulation. Bridge the gap in credit demand and leverage funds from formal financial institution,
Banks
Insurance Companies Cluster Development Association (20 30 group) at local Government level Federation of SHGs (200 groups) social security
Savings Credit
FINANCIAL PERFORMENCE
Financial Results
FINANCIAL STATEMENT
Multilevel
Parameters
Purpose
Primary Group
To create credit for consumption & emergencies.
To redeem the poor from loan sharks To strengthen and formalize the savings & credit practices.
Federation
To provide institutional identify for members grp.
To represent members interest
To meet civil needs of members (Education & Health) & Go beyond savings .
150 - 200 primary groups Only well performing clusters A legally registered not - for - profit org. under the Indian trust Act(1882) Block level or cluster of slum in a city or town
15 - 20 individuals - poor women's Preferably from a neighborhood in a slum Informal grp. at village level. Association of persons legally recognized by the bank
15 - 20 primary groups Only primary groups involved in successful savings & credit operations Informal association of the constituent member group at cluster of villages or slums.
Parameters
Formation
Primary Group
Self selected members. The poorest identified by DHAN Foundation staff 1st few meetings by DHAN Foundation
Federation
After 18 - 24 months of grp. Formation Grp. Across clusters interact & organize workshop before initiating federation Each primary grp is an institutional member & 3 office bearers. 150 - 200 grp represent Consist of 450 - 600 Persons.
Each primary grp is an institutional member & 3 office bearers. Consist of 45 - 60 persons.
b. Executive Committee
9 - 11 members constitute the Board of Director of federation. 3 yrs for each directors. Executive committee includes the President, Secretary , Vice president, Joint secretary& treasurer
Parameters
Management Staff
Primary Group
Grp. Accountants are local persons employed for each clusters and their services are shared by grp.
Federation
One chief Executive and one finance manager employed by DHAN foundation
Source of Funds
Saving from members Interest income of loans Loans from local bank.s
Entrance fee & Equity Service cost & interest on loan Loans from federation
Grants from Govt. Entrance fee & Equity Service cost & interest on loan
of Promoters Developing local staff for people institution Promotional Cost Timely Credit Legal Constraint
Future Direction
Scaling
up to reach One million Support to federations for social sector Establish a resource centre in microfinance Policy intervention