Prakriti in association withSyndicate Bank Regional Office, Nagpur, organized one day workshop on Financial Literacy for rural women at Prakriti center, Lonara, Nagpur. The objective of the workshop was to propagate benefits of financial inclusion for each individual irrespective of his/her status or income.
Bank official , while addressing the participants of the workshop shared that the habit of micro savings can help us in buying the products which we otherwise cannot afford. He advocated the role of SHGs in micro savings in collective mode.. They also stressed that SHGs should learn banking operations and should not depend on others or bank staff. He shared the benefit of insurance affiliated with Jandhan accounts and requested all women to open their bank accounts.
Five women entrepreneurs from the rural area, shared their experience at the workshop. Smt. Sangeeta from Gumthi village, shared that she expanded her tailoring business with the loan support that she received from Syndicate bank, however the negative experiences that she received to get the quotations frustrated her, Ms. Sheetal Band from Sawarmendha village invested very small amount of Rs 5000 two years ago and now she has diversified her business and her capital has increased to about two lacs. Ms. Kavita Gorle from Gumthala and Ms. Surekha Hiwse from Ghogli village also shared their experience on this occasion.
Prakriti tries to build cooperation from other organizations and institutions to pursue its objective of empowering women. Dialogue with bank officials, panchayat samiti officials, revenue department, lead banks etc. helps Prakriti in bringing new information for the SHGs and also help in opening doors of development path.
As is mentioned in the above paragraph, one workshop was organized in collaboration with Syndicate Bank in the month of June while another such workshop was organized with IDBI bank in the month of October.
As an outcome of these workshops and interaction with banks, TWO SHGs were financed for their enterprise, while three women were benefited from bank finance