MNTN - LENDER

MNTN acts as a business correspondence for NABARD Financial Services Ltd (a subsidiary of NABARD) and provides loans to self-help groups.

NABFINS: Loan Scheme for Livelihood to Women Self Help Groups: Inclusive development is one of the critical determinants of national growth and its importance increases manifold in a developing and vast country like India. The poor living in villages represent the country's vulnerability, arising out of their unequal access to financial literacy, products and services. NABARD has been working towards bringing the excluded population into the formal banking system by addressing both demand and supply side constraints through, among others, the Self Help Group Bank Linkage Programme, Joint Liability Groups and other similar initiatives. The SHG movement, which started as a link between the unbanked and the formal.

Sustainable livelihood interventions are imperative for increasing income levels and also credit absorption capacities of rural poor organized into SHGs. A self-help group is a small informal association of people created at the grass root level to get economic benefits on the basis of mutual help, soli A self-help group is a small informal association of people created at the grass root level to get economic benefits on the basis of mutual help, A self-help group is a small informal association of people created at the grass root level to get economic benefits on the basis of mutual help.

The primary purpose of self-help groups is to improve the socio-economic status of poor rural women, especially to increase their income. The women were informed about the process of group formation and the benefits that would arise from such group formation. The SHG members are engaged in some seasonal work. They prepare varieties of food items like pickle, some of the members are involved in the activities like cow keeping, goatry and poultry. They also use the milk for daily use in their houses.