Mukti Community Development Fund (MCDF) and Self Help Group

Project Description

About Project

Objectives

Details

Activities

Social Impacts

Success Stories

Photo Gallery

Document Gallery

Video Gallery

Visit MCDF Website

A major MUKTI initiative under the ‘Livelihood and Economic security’ category is the MCDF or MUKTI Community Development Fund, and its mission is to make rural women who are organised into Self Help Groups, self-reliant within a two years time frame, by providing them with start-up capital, much needed skills development training, and extending micro-financing services in deep interior rural areas where banking is virtually non-existent.

The aim of this project is to create women entrepreneur in villages. MCDF comprises of many self-help groups (SHGs). One member from each SHG takes part in MCDF to take the community fund autonomously forward. MCDF accumulates fund from MUKTI and small saving from its members. This fund is being lent to members. It provides 0% loan to its members after collecting fund s from social investors.

Visit MCDF Website

The main objective of the project is to create women entrepreneurs in village with proper skill development training so that women in this area can self-sufficient and contribute to their family and children’s education.

Background of the Project

Followings are the main challenges in this area and seems to be the obstacle to grow the community from holistic perspective:

  • Low per capita single corps land, Cyclone prone area and no industry, lead to very low average income among the people of Sunderban and women become vulnerable
  • High interest rate for local loans even in existing micro-credit institution
  • Lack of confidence on private micro-finance institution
  • Lack of skill and business development training for local women in this area

Uniqueness of the Project

  • Autonomous micro-credit based community program to help creating women entrepreneurs in Sunderban
  • Mukti provides interest free loan to SHG members for a period of 2 years, after collecting funds from social investors
  • Mukti provides 3 skill development training to SHG members at free of cost over two years’ time period
  • Mukti also provides an on-line web based platform to the social investors to invest to this program and participate in social business.

What is Micro-finance?

Mukti Community Development Fund (MCDF) is one of Mukti’s projects which creating women entrepreneur in villages. An autonomous body elected from Self Help Group members. Low income group women are involved in SHG concept and develop themselves. The project provides essential entrepreneurship training and micro loans for business development.

MCDF is a group of SHGs. One member from each SHG comes to take part in MCDF to take the project autonomously forward. MCDF gets fund from Mukti and small saving from its members which are being lent to its members.

Does micro-finance really make a difference?

Many claims have been made about the ability of micro-finance to contribute to poverty reduction, but is there any evidence of real impacts?

A review of more than 100 micro-finance programs points to evidence that micro-finance programs can indeed increase incomes and lift families out of poverty. The review found that access to micro-finance empowers women, improves the health and nutrition of the whole family and increases the likelihood of children going to school (Nathanael Goldberg, 2005).

Browse more Activities

MCDF Purba Sridharpur Branch Annual General Meeting 2017

MUKTI Self-help group Purba Sridharpur branch Venue: Jota Nagendrapur High School MUKTI organized MCDF (MUKTI Community Development Fund) Annual General…

Read More

MCDF Tailoring Training at Kultali Branch

Since the inception of MUKTI Community Development Fund (MCDF) in 2011, its primary focus has been to ensure women’s financial…

Read More

AHM 2017 Charity Bib Sale is Now Live

While MUKTI has registered as participating charity for Airtel Hyderbad Marathon 2017, we need your help to make this fund raising event…

Read More

Browse more Activities

  • 476 Self-Help Groups
  • 5675 Women Involved
  • 1875 Women Received Loan
  • 1430 Successful Business Initiated
  • 231 Social Investors
  • 100% Repayment
  • 2575 Women Received Training
  • 3100 Women Waiting for Training

as of August 2017

MCDF loan helped Arpita to become self-sufficient

ARPITA PUROKAIT Village and Post Office: Paschim Jata Khashari Para…

Read More

Story of a Successful Entrepreneur Mita Mondal

MITA MONDAL Village and Post Office: Nagendrapur Thana: Raidighi District:…

Read More

Saraswati’s hard work and dedication made her successful entrepreneur

SARASWATI CHATTERJEE Village and Post Office: Nagendrapur Thana: Raidighi District:…

Read More

Self-sufficient entrepreneur Kakoli helping her parents

KAKOLI DAS Village and Post Office: Nagendrapur Thana: Raidighi District:…

Read More

A woman entrepreneur Dipali Bhandari’s story

DIPALI BHANDARI Village and Post Office: Dumkol Thana: Raidighi District:…

Read More

MCDF helped Shonamoni to explore multiple sources of income

Shonamoni Bhattacharya Village and Post Office: Dumkol Thana: Raidighi District:…

Read More

Rekha Bairagi’s success story, benefited by MCDF

REKHA BAIRAGI Village and Post Office: Dumkol Thana: Raidighi District:…

Read More

Sabita Halder become a self-sufficient entrepreneur

Sabita Haldar: 30 yrs. Vill: Nagendrapur, District: South 24 Parganas….

Read More

Powered by themekiller.com