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Banking & Credit :: VIJAYA BANK

14. Assistance For Marketing of Non Farm Products of Rural Women (MAHIMA)

The scheme envisages in providing loan and also assistance in grant to the Registered Voluntary Agencies (VA), Non-Governmental Organisations (NGOs) and other promotional organisations engaged in marketing the products of rural women.

The salient features of the above scheme are as under :

Eligibility :

The Vas\NGOs and other promotional organisations including co-operatives, federations of marketing organisations engaged in the business of marketing of women’s products are eligible to be covered under the scheme. The organisations should have been working for at least 3 years with proven track record and experience in production /marketing of rural products and should satisfy the norms of the financing banks and NABARD prescribed from time to time.

Eligible activities :

  1. Organising rural women to enhance their bargaining strength vis a vis market forces.
  2. Support for forward and backward linkage.
  3. Provision of integrated marketing services including survey, purchase, sale, publicity, production cum sale, construction of sheds, stalls, counters, racks etc, design support, packaging branding/labelling, weighting and grading , testing, and other equipments etc.

Common marketing activities such as common storage facilities, freezers, labelling, packaging etc.

Quantum of grant / Assistance :

The quantum of assistance by way of promotional grant would normally be restricted to Rs.5000/- per women entrepreneur to be covered by the agency concerned or up to 25% of the minimum sales turnover of Rs.10 lakh envisaged to be achieved within 3 years, whichever is lower. In other words would mean that the promotional grant assistance would normally be limited to Rs.2.50 lakh per agency, in case the agency is able to cover a minimum of 50 women individually or in groups, with a turnover of Rs.10 lakhs in order to make it operationally viable, at least, over a period of 3 years.

 
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