8. Self Help Groups
Eligibility
- Have 10 to 20 members and should be active for a period of 6 months
- Open a Savings Bank account in a SBH branch in the service area & should have successfully performed savings& credit operations from its own resources.
- Maintain proper accounts and records, homogenous in nature and have a good track record of efficient functioning
Purpose: Originally to meet emergency health and education needs of members’ children and subsequently for income generation activities
Amount of Finance: In the range 1:1 to 1:4 savings to loan ratio
Period of Loan: 3-5 years depending upon the scheme or purpose of loan availed by groups
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9. Agricultural Advances / Financing Stall fed Goat Rearing
Stallfed goat rearing, the scheme which was under negative list, has since been revived on finding that it is as an alternate activity for agriculture in rainfed areas, which provided employment opportunity in rural areas. The proposals for stallfed goat rearing may be encouraged for a flock of minimum 100 gats in rainfed areas.
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10. Agri Clinics and Agri Business Centers
Eligibility: Agricultural graduates/graduates in subjects allied to agriculture like Horticulture, Animal Husbandry, Forestry, Dairy, Veterinary, Poultry, Pisciculture, & other allied agri. activities.
Objectives
- To supplement the efforts of Government extension systems.
- To make available supplementary source of agri inputs, supply services to the needy farmers
- To provide gainful employment to agri graduates.
- To provide expert advice and services to farmers on cropping pattern, practices, technology discrimination, crop protection post harvest care etc.
- To provide input supply, farm equipment on hire and other services.
Project Cost: For individuals 10.00 lacs and for project of group 50.00 lacs.
Margin and security Repayment: 5 to 10 years depending on the activity including a grace period of maximum 2 years. The repayment schedule should be drawn on the total amount of loan (including subsidy) in such a way that the subsidy amount is adjusted after liquidation of net bank loan (excluding subsidy).
Refinance: By NABARD – 100%
Soft Loan Assistance: 50% of margin to be contributed by the applicant is provided by NABARD as Soft Loan without any interest. However, branches can charge 2% of this amount as service charge per annum from the borrowers.
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Source: https://www.sbhyd.com
