Self-Help Group Update -2020-21

Munnade Social Organization continued to strengthen the Self-Help Groups through technical inputs. The Self-Help Groups are carrying out saving and thrift activities efficiently. Each group has about 15 to 20 members and there are at present 35 functioning SHGs. Munnade is helping the members to maintain the groups and their accounts. The groups have borrowed loans from their savings and have used for the education of children, health issues, house leasing, repaying their high-interest loans, releasing their mortgaged gold ornaments etc. Because of such support received through the SHGs, the workers are free from everyday financial tensions and are able to learn and address the issues faced them at home and at the workplace.