Ten Women from Subhechya Bachat Ghat (SHG) from Mothagaon, Uttan had participated in the Financial Literacy Training imparted to them on the 19th August, 2015. In this session they learnt the dynamics of savings and its importance for their daily lives.
The women understood this session well and began reflecting on this and its possible implications in their lives. The SHG women came together after a few days and once again discussed on the same topic that was shared during the training.
They took a decision during that meeting that from the current month i.e. September they would daily save Rs. 20/-, this would amount to Rs. 600/- per month per person and consequently Rs. 6000/- for the group. They would then deposit this sum of money into a 'recurring deposit' in the bank.
The SHG then opened an account in 'Sanjay Pathpedhi' and deposited the sum of Rs. 6000/- in the bank for the month of September. They took this decision by themselves and have pledged to continue this.
The staff, Sr. Martha and Ms. Valencia will be tracking this story and will review their progress and their future decisions as a group.
Reported by Sr. Martha and Ms. Valencia.
The women understood this session well and began reflecting on this and its possible implications in their lives. The SHG women came together after a few days and once again discussed on the same topic that was shared during the training.
They took a decision during that meeting that from the current month i.e. September they would daily save Rs. 20/-, this would amount to Rs. 600/- per month per person and consequently Rs. 6000/- for the group. They would then deposit this sum of money into a 'recurring deposit' in the bank.
The staff, Sr. Martha and Ms. Valencia will be tracking this story and will review their progress and their future decisions as a group.
Reported by Sr. Martha and Ms. Valencia.
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