The talk began with a reality check of the state we are in currently and why microfinance is a must for the upliftment of rural society. The focus was especially on the problem of rural migration that is attaining gargantuan proportions with every passing day. The cases of Malkangiri and Baripada were discussed in some detail to highlight the point.

The focus then shifted on some of the activities of the organization specifically the designing of a strategy to take care of domestic remittances and ensuring the complete transfer of money to the end users. The organization is currently handling 75 lakh of remittances in the area.

The discussion then shifted towards the role and impact of microfinance and the various challenges associated with it, given the lack of adequate institutional credit to the majority of the population. The core competencies of the organization were then presented and the results were benchmarked with other institutions. The idea of aour loans and your labora combined with technical support has been implemented as a model to revive the ailing areas of the country.

At the closing moments the role and impact of SHGas was deliberated upon and how it was giving an identity to people and empowering them in the long run. Finally the audience asked relevant questions concerning challenges associated with mobilization, various models of credit delivery etc.

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