This program main objective is to create new sources of revenue for the poorest and to promote women’s independence. Microfinance is an efficient tool to fight against poverty, in a country where extreme poverty hits 240 million of Indians and where 80% of the population live on less than 2 dollars a day. Moreover, more than 50% of the Indian women and girls do not know how to read and write.
Objectives
Reduce extreme poverty and promote women’s independence ;
Promote business development, self-help and money saving ;
Promote literacy and provide professional training for adults.
Approach
Microfinance helps break the circle of poverty and permanently improve family living conditions and children’s well-being. Humanium helps to self-help and facilitates a brotherly solidarity in the action, for that the poorest have the means to live, and become autonomous and responsible for their fate and their community.
Activities
Self Help groups
A support group is a close-knit group of 15 to 20 women who work together to find solutions to cope with the challenges of daily life.
They share their difficulties and their successes. They become stronger and more aware of their talents as well as their ability to improve their lives.
Entrepreuneurial Training
All the women in the support groups receive entrepreneurial training, during which they learn how to create and manage their own business.
Professional Training
These women also benefit from professional training in various domains, such as sewing, personal care, paper bag making, etc. These trainings enable them to develop their skills and it promotes the creation of family-based enterprises.
Literacy courses for adults
In villages, most of the women are illiterate. Intensive adult literacy courses teach them how to read and write and, thus, to become more independent in the long term. When a women knows how to read and write, when she has a job, the living conditions of her children improve radically.
Microcredits et microsavings
Loans are distributed to enable the creation or the strengthening of family-based enterprises.
Once the loans reimbursed, women can save small amounts of money into an internal group savings. This empowers the women to access cheap loan, and to be autonomous in the development of their activities.
Veterinary camps
Most villagers depend on their livestock for their livehoods. Thus, they are very dependent to the health of their livestock to survive.
Humanium establish veterinary camps to provide basic healthcare to the animals (artificial insemination services, de-worming, vaccinations, etc.)
Microfinance
