Bankers Meet at Mangolpuri

Minutes of the Bankers Meet

Date Venue Time Name of the Project : 14-06-11 : Anukampa hotel at Mangolpuri : 2.30 p.m. to 5.00 p.m. : Bankers on Change Project

Agenda:
1. Introduction 2. Sensitization about programme and sharing by Members. 3. Role of Banks and other Stakeholders - Facilitation of A/c opening and Linkages Sharing about their programmes 4. Interaction among members/ Resource persons through Question and Answers. 5. Other

Present Guest:
1. Mrs. Ranjana Madam from Dr. A.V. Baliga Trust 2. Mr.Madan Mohan Sagar, Bank Manager,SBI Bank, B Block, Sultan Puri, New Delhi, 110086, Ph. No. 9990725269 3. Mr. Nand Kishor, Branch Manager, SBI Bank Mangolpuri, Ph. No. 9999417477 4. Mr. Anuj Kumar Garg, Sr. Manager 399, Bhim Bhavan, Allahabad Bank, Ph no. 9310442396, 27922597, 9310442936.

Present partners:
1. Plan:Mr. Sabbar 2. Baliga Trust : Mr. Anshuman and 12 field staff 3. Basix: Mr. Tiwari and Ms. Chandra

Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust

Bankers Meet at Mangolpuri

Present Participants from S.H.G.s :

Sl. No. 1 2. 3. 4. 5. 6. 7. 8. 9. 10 11 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. Name of Participant Mrs. Khurshid Hema Anita Meenu Kamla Meera Bharti Geeta Sunita Sheetal Sunita Baby Madhubala Kavita Rinki Jayoti Krishna Kamla Asha Devi Asha Durga Kamlesh Urmila Anita Pushpa Bansal Pushpa Pushpa Anoo Mansa Name of S.H.G. Sargam S.H.G. Navrang Navrang Astha Gulab Unnati Anpurna Anpurna Gulshan Gulshan Ekta Ekta Durga Khushi Kushi Khushhal Jeevan Khushal Jeevean Santoshi Shiv Santoshi Shiv Sai Shakti Sai Shakti Radhe Radha Radha Vikas Pragati Jai Mata Di

1.

Introduction
All the participants reached the meeting place at 2.30 p.m., at first introduction session took place. Mr. Tiwari from Basix introduced about the project and role of Basix. Thereafter each member gave a self introduction.

Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust

Bankers Meet at Mangolpuri

Mr. Sabbar initiated the session saying that we are having meeting with different bankers but its S.H.G.s decision to open the bank account in any of the bank. He focused about the group decisions including selection of bank, rules and leaders. The main intention to invite specially S.H.G. leaders was to interact with the bankers. So that they may come to know the specific rulings of individual banks He emphasized that finally we would like to form a Cluster and then federation. Everything will be managed by women only. The rules will be formed by the group members only. At present Plan India is funding the programme. It will be for a limited period and then S.H.G. needs to be independent gradually so that Plan India can withdraw slowly. So the project is to help till S.H.G. members are not standing on their own feet. Many big organizations are charging high rate of interest and a vulnerable lady pay the heavy interest rate and becomes in worst stage of vicious circle. He further included that Plan and partners desire that S.H.G. should say, we can mobilize our group without any further support of BOC. This will give the real success to funding agency.

2.

Sensitization about programme and sharing by Members:

As there was time to join the programme so Mr. Sabbar from Plan India started the sensitization session. In this session, participant women were asked about their sub-group and S.H.G.. What is their concept level about S.H.G.s. Women responded with the enquired details. There was a video show as well, as a documentary on S.H.G. based on Chhatisgarh was demonstrated to the participants and Mr. Tiwari interacted with the learners. As a result they have learnt group unity, rules etc.

3.

Role of Banks and other Stakeholders - Facilitation of A/c opening and Linkages - Sharing about their programmes:
Welcome speech by Mrs. Ranjana Madam: She welcomed all guest, participants and said that the meet was organized especially to know the enquiry regarding banks faced by S.H.G. members. Mr. Anshuman carried the session further.

Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust

Bankers Meet at Mangolpuri

He gave a brief description of Baliga. Dr. A.V. Baliga is working in the field of women empowerment since last 40 years. He invited Mr. Madan Mohan Sagar, Branch Manger from SBI Sultanpuri. Mr. Sagar updated S.H.G. members regarding documentary formalities to open a bank account. 1. Group Bylaws 2. Office bearers I D 3. Account opening amount Rs. 5000 for saving account 4. Photo of office bearers Mr. Anuj Kumar Garg from Allahabad Bank explained the rules of group. He said till 6 months, when the group will pass in the first grading. The bank will provide 25,000/- of loan amounts. If the group do proper repayment then later the S.H.G. can avail Rs. 10,000/- thousand of loan amounts. Mr. Sabbar interpreted that some organization are taking loans and giving the S.H.G. members but we would like to develop community based microfinance institution. The main objective of the project is finally to protect child so ultimate a child should get benefit. He further gave an example that if a man gets amount he consume it immediately for his own benefits or luxury items but if the women get the same amount she always look for her child benefit or family need. So, we are promoting women only. Thereafter, he emphasized on the methodology of group formation. He informed that it is not possible to form a big group at a time so under BOC we are implementing the community mobilizing work with FOs and FS through sub group, S.H.G., Cluster, federation. Finally the federation will run their programme themselves. They may do bank facilitation work too. In long run, they will run their programme and Baliga will support them. Mrs. Ranjana explained that the programme has been started to literate women and the awareness programme will take place continue to give them knowledge and aware them each and every aspects.

Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust

Bankers Meet at Mangolpuri

4.

Interaction among members/ Resource persons through Question and Answers:

Mrs. Jeoty , a member of S.H.G. asked bank interest given by the banks. The Bank Manager replied that is 4 % . But one should not look into getting good interest only think about their business. Another woman asked, how much interest will be charged by the banks on loan. The Bank Manager form Allahabad bank said it depends on RBI rule. At present it is 11 percent. The loan will be given to develop enterprise. In between Mrs. Ranjana gave her valuable advise that S.H.G. members can think about different business. She inspired women by giving some examples of other states, and inspired them too to set example for other states. Sheetal asked if once a women takes loan will the bank managers help in taking loan again. Mr. Anuj said if the S.H.G. member utilizing loan properly and are disciplined in repayment than it itself create their goodwill and credibility and then the bank would be quite comfortable in providing them loan again. One enquiry came if some amount withdraw from the bank, and the person has not received the amount. In that situation who is responsible? Bankers replied that bank is responsible for that. But in case the office bearers withdraw then they only responsible. Santoshi group member asked if a person repay the loan and another member not pay the loan who will responsible? The Bank Manager responded that the whole group is responsible for that.

Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust

Bankers Meet at Mangolpuri

5. Other Discussion :
Information of S.H.G. MELA Mr. Sabbar introduced about S.H.G. Mela, which is planed to organize on 27th June 2011. Main information given is: S.H.G. Mela for all S.H.G. Open platform to put up stales for S.H.G. member only. Stalls will be limited so interested S.H.G. member should give their name to BOC staff members. As women asked, hence Mr. Sabbar described that it will be only for S.H.G. and for their neighbors. It is not to have fun. Participants Impression: Is this mela organized as Kumbh Mela? Some women expressed interest to put up stall.

Discussion on Group Problems:

Mr. Anshuman explained about how the S.H.G. formed, how it brought up and further emphasized that in all the process the main thing found is deep belief. He was thrilled to express that with in a short span of time many members connected with BOC (Baliga). He spread office address for S.H.G. members to have more clarity in future. He gave an example to follow the rules and have a common decision in the group. He also explained about the main cause of failure of the group. Finally he said the project staff will only guide the S.H.G. members and they have to take their steps. Refreshment Break : Everybody enjoyed refreshment. Feed Back :

Mr. Anshuman took feed back form the participants regarding any query. He invited Mr. Sabbar to give vote of thanks. He Thanked all participants, bankers that they have given their
Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust

Bankers Meet at Mangolpuri

valuable time. Thanked to Basix for giving technical guidance. Thanked to Baliga Trust, the host. He thanked specially Mrs. Ranjana for her precious time which increased motivational level of BOC staff. At the end Mr. Anshuman shared the previous experience of exposure (IBTADA). Slides on meeting, minutes, loan, inter-loaning etc was shown to all S.H.G. members. With the best wishes, he closed the programme.

Learnings:
At last, Mrs. Baby from Ekta S.H.G. expressed that she learned that how to take loan. Loan repayment is the group responsibility. Other members also shared that they had good interaction with the bankers. Awareness about opening saving bank account. Learnt more about the project Some expressed happiness to meet with different groups

Next Action:
SBI, Sultanpuri explained that they will open a S.H.G. saving bank account with Rs. 5000. That sounds little dishearten to S.H.G. women. Hence, to open bank account the project officials need talk or collaborate with SBI Sultanpuri at higher level. More bankers and N.A.B.A.R.D. Official need to participate in next bankers meet.

Sponsored by Plan India and Implemented by Dr. A.V. Baliga Trust