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Western Rajasthan is lacking in terms of the number of Self Help Groups
and also the banking network is scarce there. It has resulted in to large
number of poor getting financially excluded.
CmF works to strengthen the microFinance and livelihoods of poor in
western Rajasthan by:
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Working as ‘microFinance resource agency’ in special project called
Mitigation of Poverty in Western Rajasthan (MPOWER) which is supported by
IFAD, SRTT and Rajasthan Government
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Capacity Building of local NGOs and linking them with NABARD and Donors
for spreading and strengthening SHG movement
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State Government and SRTT have entered in to a MoU. CmF will be the nodal
agency for the project on behalf of SRTT. State Government has authorized
CmF to initiate ‘Base line study’ of the project area. Cmf has also
prepared a manual for village level planning which state government will
use for all 900 villages in the project. A feasibility study of using
Information Technology for financial inclusion in western Rajasthan has
also been initiated. CmF will be putting up a team of 2-3 officers in
Jodhpur to support and strengthen the microFinance component in MPOWER
project.
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