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Girls Bicycle Project. Hitten Zaveri Rohan Jain Pankaj and Prajakta Paranjpe Yale Chapter of Asha for Education. MDMB, MVSS. Mann Deshi Mahila Bank Women’s co-operative bank Mann Taluka, Satara District, Maharashtra Mann Vikas Samajik Sanstha NGO, Women’s self help groups Chetna Sinha - PowerPoint PPT Presentation
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Girls Bicycle Project
Hitten ZaveriRohan Jain
Pankaj and Prajakta Paranjpe
Yale Chapter of Asha for Education
MDMB, MVSS
• Mann Deshi Mahila Bank– Women’s co-operative
bank– Mann Taluka, Satara
District, Maharashtra
• Mann Vikas Samajik Sanstha– NGO, Women’s self help
groups
• Chetna Sinha– MDMB, MVSS founder– Asoka Fellow, Yale
University World Fellow
MDMB, MVSS
• Micro credit• Pension scheme for
women• Property inheritance• AIDs awareness• Drought relief• Education
– Girls Bicycle Project– Village Competition
Girls Bicycle Project
• No higher primary and/or secondary schools in smaller villages– Distance barrier to
education
• Bicycles for school going girls
Funds are used for micro-credit loans to women•Loan rates 13-15%•98% repayment
Girls Bicycle Project
Funds are used for micro-credit loans to women•Loan rates 13-15%•98% repayment
Revenue generates bicycles
Bicycles are provided through 0% loans or grants
Girls Bicycle Project
Girls Bicycle Project
InnovationFund
WomenReceivingLoans Rs 10,000Per Woman
InterestEarned at15%Interest
Girls Receiving Bicycles Rs 1,000 Per Girl
Admin. Cost
Funds Created
500,000 50 500,000 75,000 50 50,000 15,000 10,000
510,000 51 510,000 76,500 52 52,000 15,000 9,500
519,500 51 510,000 76,500 55 55,000 15,000 6,500
526,000 52 520,000 78,000 58 58,000 15,000 5,000
531,000 53 530,000 79,500 60 60,000 15,000 4,500
MDMB, MVSS – Education Projects
• Girls Bicycle Project– Distance barrier to education of girls– Partner with women’s bank and NGO– Sustainable scheme– Pilot at district level– Convince state government of viability
• Village Competition– Prize for village which attains 100% enrollment of girls– Low cost scheme to increase awareness and
enrollment