SHEPHERD
SHEPHERD-Pioneering Development Initiatives
SHEPHERD is a professional
development organization. The core purpose of SHEPHERD is
impacting poverty by identifying socially relevant themes
and devising programmes based on its core values, principles
and operating guidelines. SHEPHERD created pioneering models
in micro finance, social security and Health. A new experimentation
is going to be initiated shortly to work in the new theme
of livelihoods promotion through proactive and forward looking
business development support services.
SHEPHERD offers a few development
products to its communities exclusively beyond its regular
development initiatives. These products are briefly explained
below.
Development Products
Since NDFS single mindedly
focused on deepening credit especially in the area of livelihoods
promotion, SHEPHERD came out with two complementary credit
products to meet health and education needs of the surabhi
members. Those are called as development products namely “Sugam”
and “Kalvi” (Education)
Sugam (Emergency Health Fund)
Sugam complements health
insurance scheme. In case of emergency hospital expenses like
cancer, surgery, accident cases, surabhi members can avail
upto Rs.5,000/- at the interest rate of 6% per annum on reducing
balance basis.
Kalvi (Education)
“Kalvi”
has been promoted to encourage education of the girl’s
especially after S.S.L.C. Surabhi members are advised to send
their girl’s to school even in case of financial difficulties
by availing loan from SHEPHERD upto Rs.5,000/- at reasonable
interest on reducing balance basis. This amount can be utilized
to pay college fees, purchase note books and dress and to
make other incidental expenses like traveling. |