If
urban India continues to expand as has been predicted by the
demographers, around 2025 the number of urban poor will probably be in
excess of 200 millions, i.e. around one third of the potential 600
million urban population.
Above figures do not however describe
fully the challenge before Civil Society Organisations in their fight
against poverty. A significant part of presently not poor has high
level of vulnerability to asset and income loss and is tomorrow’s
poor.
Micro credit provisioning in urban areas requires
altogether different approach in their design and content, because
urban poverty is far more complex and dynamic than rural poverty.
What
are the non income dimensions of urban poverty? How important is cash
management in urban poor households? What is the essential life cycle,
consumption and business compulsion that urban poor need to spend in
lump sums and at what cost? How micro credit provisions may be useful
in asset protection and then in asset creation for the poor? What
should be the appropriate methodology in motivating urban poor for
micro credit ? What are the essential skills and tools that NGO staff
must possess?
Creditwatch training courses help NGOs to find
answer to these and many more related questions and enable them to
create road map for sustainable micro credit for urban poor
Module I: Understanding urban poverty Economic & non economic dimension of poverty Poverty assessment Tools Household financial transactions & money management Assets protection through Financial services Targeting clients Assessment of the need for credit and saving services Module II: Understanding Micro credit services Safe savings Safe lending Recovery measurements, Portfolio at risk and loan loss Group lending & individual lending Determinants of loan installments Loan monitoring & supervision Relevance of MFI's Loan policy
Module III Micro Credit Accounting System and MIS Basic Accounting system Essential Financial Statements Organising paper works & internal control
Module IV Micro credit Interest Rates Determinants of interest rate on lending Sustainable interest rate
Module VI Building MFI Vision & Mission statement Orgainising funds Networking with banks and others Module VII Mapping the future Scope for micro credit in area of operation of a NGO Goal setting & action programme for micro credit Capacity building support |