The details of the
loans schemes operating under Rashtriya Mahila Kosh (RMK) and the eligibility
criteria for availing loans are as mentioned below.
The Rashtriya
Mahila Kosh set up as a society in 1993 under the Ministry of Women and Child
Development extends collateral free microcredit for livelihood support and
asset creation to women in the unorganized sector. It channelizes microfinance
through Intermediary Micro-finance Organisations (IMOs) working in different
parts of the country.
Various Loan
Schemes of RMK are:
i.
Loan Promotion Scheme: RMK
provides smaller loan, maximum up to Rs. 10 lakhs, to promote the activity of
thrift and credit among new and smaller but potentially capable organisations
having at-least six months experience in formation of Self Help Groups (SHGs),
thrift, credit and recovery management.
ii.
Main Loan Scheme:
IMOs having minimum 3 years’ experience in thrift and credit activities are
considered under the scheme for loan up to Rs. 200 lakhs per state and a
maximum of Rs. 600 lakhs for multistate operations. ]
iii.
Gold Credit Scheme:
This Scheme of providing hassle free finance has been designed for medium and
large NGOs so as to provide extended moratorium and credit on easier terms by
RMK, for 3 years period. Maximum credit limit under this scheme is Rs. 500
lakhs.
iv.
Housing Loan Scheme:
Through it partner organizations, RMK provides loans up to a maximum Rs.
1,00,000/- per beneficiary to SHG members for construction of low cost house
and repairs.
v.
Working Capital Term Loan (WCTL): WCTL
is provided to the organisations for backward and forward marketing linkages of
products of women SHGs/individuals and group of entrepreneurs, including
technology transfer, education for skill up- gradation and infrastructure
development. The maximum loan that can be sanctioned under this scheme is Rs. 3
crores for multistate operations and Rs. 1 crore per State per IMO. Loan limit
per beneficiary, is (a) first loan – up to Rs. 35,000/-, (b) Repeat loan (s)-
Rs. 50,000/- including existing loan plus new loan.
vi.
Franchisee Scheme:
Smaller NGOs of the State can avail loan directly from franchisee appointed by
RMK for that particular State. RMK gives the Credit Limit up to Rs. 500 lakhs
to the Franchisee who in turn extend loan to smaller & potential NGOs in
the State.
vii.
Refinance Scheme: RMK
provides 100% refinance assistance to Mahila Cooperative Banks & Urban
Co-operative Bank on finances provided by them to poor women either directly or
through SHGs within the norms of the RMK Main Loan Scheme.
viii.
Nodal Agency Scheme The
Nodal Agency (NOA) Scheme was introduced in the year 1996-97 with the
objective of taking help of reputed and experienced organizations, which may
not necessarily be borrowing partners of RMK, for identifying and assisting new
NGOs to eventually link-up with RMK for extending credit facilities to women
for their income generating activities.
The common
eligibility features of all loan schemes, besides above, are as follows:
a)
The organization should be registered
for not less than 3 years as on the date of application to RMK as a Society,
Co-operative Society, Voluntary Organisation, as Sec. 25 (Not for profit)
Company. Women Development Corporation/ Cooperatives/Suitable State Government
Agencies such as DRDA, Federation, Municipal Corp are also eligible.
b)
The organization should have minimum
three years’ experience in the field of micro-credit management, SHG formation,
SHG promotion & development.
c)
It should have excellent recovery
management (i.e at least 90% recovery rate in case of loan availed from
other funding agencies/internal loan of SHG).
d)
There should be proper & specific
clause/provision in the By-laws Memorandum of Association of the organization
having power to borrow or to raise loan from any outside agencies.
e)
The office bearer of the organization
should not be elected members of any
political party.
f)
The organization should have a proper
system of maintaining accounts, which should have been audited & published
every year and there should not have been any serious irregularities.
g)
The organization has to submit a detail
project proposal, which should be economically and technically viable and fulfil
the social objectives/responsibilities of the organizations.
h)
The borrowing organization should have
availed a minimum loan of Rs.25 lakhs or above under micro-credit scheme of
RMK/SIDBI/NABARD/Commercial Banks/Other Financial Institutions.
i)
RMK does not take any collateral
security for sanctioning loan up to Rs 1 crore. However if the loan amount of
the borrowing organization exceeds Rs1 crore, it has to provide 10% of the
sanction amount as security in shape of Fixed Deposit.
j)
NGOs seeking loan assistance of Rs 1 crore and above, at the time of
application, should be rated by any reputed credit-rating agency. In case of
State Govt. organization, the organization/ department has to arrange State
Govt. guarantee if their balance sheet shows deficit/loss.
k)
The organization applying for loan to
RMK has to contribute 10% of the loan amount sanctioned.
The details of the funds sanctioned and released under various
schemes during last three years and the current year State/UT-wise are as following.
|
Details of Loan Sanctioned and
Disbursed
|
|
|
From 01/04/2010 to 31/03/2011
|
|
|
|
|
(Rs in Lakhs)
|
|
|
S. No.
|
Scheme
|
Loans
Sanctioned
|
Loans
Disbursed
|
|
|
|
1. Andaman Nicobar
|
Composite Loan Scheme
|
-
|
20.00
|
*
|
|
|
Sub-total of Andaman Nicobar
|
|
20.00
|
|
|
2. Andhra Pradesh
|
Composite Loan Scheme
|
65.00
|
122.50
|
|
|
|
Sub-total of Andhra Pradesh
|
65.00
|
122.50
|
|
|
3. Assam
|
Composite Loan Scheme
|
-
|
45.00
|
*
|
|
4.
|
Loan Promotion Scheme
|
-
|
2.50
|
*
|
|
|
Sub-total of Assam
|
|
47.50
|
|
|
5. Bihar
|
Composite Loan Scheme
|
100.00
|
30.00
|
|
|
|
Sub-total of Bihar
|
100.00
|
30.00
|
|
|
6 Delhi
|
Composite Loan Scheme
|
50.00
|
25.00
|
|
|
|
Sub-total of Delhi
|
50.00
|
25.00
|
|
|
7 Haryana
|
Composite Loan Scheme
|
15.00
|
65.00
|
|
|
|
Sub-total of Haryana
|
15.00
|
65.00
|
|
|
8 Himachal Pradesh
|
Composite Loan Scheme
|
-
|
30.00
|
*
|
|
|
Sub-total of Himachal Pradesh
|
|
30.00
|
|
|
9 Jammu & Kashmir
|
Composite Loan Scheme
|
-
|
10.00
|
*
|
|
|
Sub-total of Jammu & Kashmir
|
|
10.00
|
|
|
10 Jharkhand
|
Composite Loan Scheme
|
20.00
|
-
|
**
|
|
|
Sub-total of Jharkhand
|
20.00
|
|
|
|
11 Karnataka
|
Composite Loan Scheme
|
35.00
|
72.50
|
|
|
|
Sub-total of Karnataka
|
35.00
|
72.50
|
|
|
12 Kerala
|
Composite Loan Scheme
|
50.00
|
25.00
|
|
|
|
Sub-total of Kerala
|
50.00
|
25.00
|
|
|
13 Madhya Pradesh
|
Composite Loan Scheme
|
165.00
|
92.50
|
|
|
|
Sub-total of Madhya Pradesh
|
165.00
|
92.50
|
|
|
14 Maharashtra
|
Composite Loan Scheme
|
58.00
|
-
|
**
|
|
15
|
Loan Promotion Scheme
|
10.00
|
-
|
**
|
|
|
Sub-total of Maharashtra
|
68.00
|
-
|
|
|
16 Nagaland
|
Composite Loan Scheme
|
10.00
|
5.00
|
|
|
|
Sub-total of Nagaland
|
10.00
|
5.00
|
|
|
17 Odisha
|
Composite Loan Scheme
|
-
|
2.90
|
*
|
|
18
|
Gold Credit Scheme
|
-
|
50.00
|
*
|
|
19
|
Loan Promotion Scheme
|
-
|
2.50
|
*
|
|
|
Sub-total of Odisha
|
|
55.40
|
|
|
20 Rajasthan
|
Composite Loan Scheme
|
20.00
|
10.00
|
|
|
21
|
Gold Credit Scheme
|
200.00
|
200.00
|
|
|
|
Sub-total of Rajasthan
|
220.00
|
210.00
|
|
|
22 Tamil Nadu
|
Composite Loan Scheme
|
190.00
|
277.50
|
|
|
|
Sub-total of Tamil Nadu
|
190.00
|
277.50
|
|
|
23 Uttar Pradesh
|
Composite Loan Scheme
|
15.00
|
7.50
|
|
|
24
|
Loan Promotion Scheme
|
10.00
|
|
**
|
|
|
Sub-total of Uttar Pradesh
|
25.00
|
7.50
|
|
|
25 Uttranchal
|
Composite Loan Scheme
|
150.00
|
75.00
|
|
|
|
Sub-total of Uttranchal
|
150.00
|
75.00
|
|
|
26 West Bengal
|
Composite Loan Scheme
|
115.00
|
76.25
|
|
|
27
|
Loan Promotion Scheme
|
-
|
2.50
|
*
|
|
|
Sub-total of West Bengal
|
115.00
|
78.75
|
|
|
|
Total
|
1278.00
|
1,249.15
|
|
|
Note:
|
|
|
|
|
|
* Being the Second release for the loans sanctioned in the previous
years
|
|
** Sanctioned but
not yet disbursed
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Details of Loan Sanctioned and
Disbursed
|
|
|
|
From 01/04/2011 to 31/03/2012
|
|
|
|
|
|
(Rs in Lakhs)
|
|
|
|
S. No.
|
Schem
|
Loans Sanctioned
|
Loans Disbursed
|
|
|
|
|
|
1 Andhra Pradesh
|
Gold Credit Scheme
|
300.00
|
150.00
|
|
|
|
|
Sub-total of Andhra Pradesh
|
300.00
|
150.00
|
|
|
|
2 Assam
|
Composite Loan Scheme
|
10.00
|
|
**
|
|
|
|
Sub-total of Assam
|
10.00
|
|
|
|
|
3 Delhi
|
Composite Loan Scheme
|
|
25.00
|
*
|
|
|
|
Sub-total of Delhi
|
|
25.00
|
|
|
|
4 Gujarat
|
Composite Loan Scheme
|
50.00
|
50.00
|
|
|
|
|
Sub-total of Gujarat
|
50.00
|
50.00
|
|
|
|
5 Haryana
|
Composite Loan Scheme
|
|
57.50
|
*
|
|
|
|
Sub-total of Haryana
|
|
57.50
|
|
|
|
6 Himachal Pradesh
|
Composite Loan Scheme
|
|
30.00
|
*
|
|
|
|
Sub-total of Himachal Pradesh
|
|
30.00
|
|
|
|
7 Jammu & Kashmir
|
Composite Loan Scheme
|
|
5.00
|
*
|
|
|
|
Sub-total of Jammu & Kashmir
|
|
5.00
|
|
|
|
8 Jharkhand
|
Composite Loan Scheme
|
10.00
|
15.00
|
|
|
|
|
Sub-total of Jharkhand
|
10.00
|
15.00
|
|
|
|
9 Karnataka
|
Composite Loan Scheme
|
|
57.50
|
*
|
|
|
|
Sub-total of Karnataka
|
|
57.50
|
|
|
|
10 Kerala
|
Composite Loan Scheme
|
|
25.00
|
*
|
|
|
|
Sub-total of Kerala
|
|
25.00
|
|
|
|
11 Madhya Pradesh
|
Composite Loan Scheme
|
70.00
|
118.00
|
|
|
|
12
|
Franchise Scheme
|
250.00
|
125.00
|
|
|
|
|
Sub-total of Madhya Pradesh
|
320.00
|
243.00
|
|
|
|
13 Maharashtra
|
Composite Loan Scheme
|
410.00
|
265.00
|
|
|
|
14
|
Loan Promotion Scheme
|
|
5.00
|
*
|
|
|
|
Sub-total of Maharashtra
|
410.00
|
270.00
|
|
|
|
15 Odisha
|
Gold Credit Scheme
|
145.00
|
145.00
|
|
|
|
|
Sub-total of Odisha
|
145.00
|
145.00
|
|
|
|
16 Rajasthan
|
Composite Loan Scheme
|
100.00
|
60.00
|
|
|
|
|
Sub-total of Rajasthan
|
100.00
|
60.00
|
|
|
|
17 Tamil Nadu
|
Composite Loan Scheme
|
270.00
|
225.50
|
|
|
|
18
|
Loan Promotion Scheme
|
10.00
|
|
**
|
|
|
|
Sub-total of Tamil Nadu
|
280.00
|
225.50
|
|
|
|
19 Uttar Pradesh
|
Composite Loan Scheme
|
30.00
|
15.00
|
|
|
|
20
|
Loan Promotion Scheme
|
10.00
|
5.00
|
|
|
|
|
Sub-total of Uttar Pradesh
|
40.00
|
20.00
|
|
|
|
21 Uttranchal
|
Composite Loan Scheme
|
|
50.00
|
*
|
|
|
|
Sub-total of Uttranchal
|
|
50.00
|
|
|
|
22 West Bengal
|
Composite Loan Scheme
|
320.00
|
202.50
|
|
|
|
|
Sub-total of West Bengal
|
320.00
|
202.50
|
|
|
|
|
Total
|
1985.00
|
1,631.00
|
|
|
|
Note:
|
|
|
|
|
|
|
* Being the Second release for the loans sanctioned in the previous
years
|
|
|
** Sanctioned but
not yet disbursed
|
|
|
|
|
|
UTs - Nil
|
|
|
|
|
|
|
|
|
|
|
Details of Loan Sanctioned and
Disbursed
|
|
|
From 01/04/2012 to 31/03/2013
|
|
|
|
|
(` in Lakhs)
|
|
|
S. No.
|
Schem
|
Loans Sanctioned
|
Loans Disbursed
|
|
|
|
1 Andhra Pradesh
|
Gold Credit Scheme
|
|
150.00
|
*
|
|
|
Sub-total of Andhra Pradesh
|
|
150.00
|
|
|
2 Bihar
|
Composite Loan Scheme
|
20.00
|
10.00
|
|
|
|
Sub-total of Bihar
|
20.00
|
10.00
|
|
|
3 Delhi
|
Composite Loan Scheme
|
30.00
|
15.00
|
|
|
|
Sub-total of Delhi
|
30.00
|
15.00
|
|
|
4 Gujarat
|
Composite Loan Scheme
|
20.00
|
10.00
|
|
|
|
Sub-total of Gujarat
|
20.00
|
10.00
|
|
|
5 Haryana
|
Composite Loan Scheme
|
40.00
|
20.00
|
|
|
|
Sub-total of Haryana
|
40.00
|
20.00
|
|
|
6 Jharkhand
|
Composite Loan Scheme
|
|
5.00
|
*
|
|
|
Sub-total of Jharkhand
|
|
5.00
|
|
|
7 Karnataka
|
Composite Loan Scheme
|
180.00
|
70.00
|
|
|
|
Sub-total of Karnataka
|
180.00
|
70.00
|
|
|
8 Madhya Pradesh
|
Composite Loan Scheme
|
145.00
|
97.50
|
|
|
|
Sub-total of Madhya Pradesh
|
145.00
|
97.50
|
|
|
9 Maharashtra
|
Composite Loan Scheme
|
100.00
|
235.00
|
|
|
|
Sub-total of Maharashtra
|
100.00
|
235.00
|
|
|
10 Odisha
|
Composite Loan Scheme
|
420.00
|
210.00
|
|
|
|
Sub-total of Odisha
|
420.00
|
210.00
|
|
|
11 Rajasthan
|
Composite Loan Scheme
|
450.00
|
275.00
|
|
|
|
Sub-total of Rajasthan
|
450.00
|
275.00
|
|
|
12 Tamil Nadu
|
Composite Loan Scheme
|
160.00
|
210.00
|
|
|
13
|
Loan Promotion Scheme
|
|
5.00
|
*
|
|
|
Sub-total of Tamil Nadu
|
160.00
|
215.00
|
|
|
14 Uttranchal
|
Composite Loan Scheme
|
|
25.00
|
*
|
|
|
Sub-total of Uttranchal
|
|
25.00
|
|
|
15 West Bengal
|
Composite Loan Scheme
|
693.00
|
511.50
|
|
|
|
Sub-total of West Bengal
|
693.00
|
511.50
|
|
|
|
Total
|
2258.00
|
1,849.00
|
|
|
|
|
|
|
|
Note:
|
|
|
|
|
|
* Being the Second release for the loans sanctioned in the previous
years
|
|
** Sanctioned but
not yet disbursed
|
|
|
|
|
UTs - Nil
|
|
|
|
|
|
|
|
|
|
Details of Loan Sanctioned and
Disbursed
|
|
|
|
From 01/04/2013 to 25/11/2013
|
|
|
|
|
|
|
|
|
|
|
|
|
(` in Lakhs)
|
|
|
|
|
S. No.
|
Scheme
|
Loans
|
|
|
|
|
|
|
Disbursed
|
|
|
|
|
1 Bihar
|
Composite Loan Scheme
|
10.00
|
*
|
|
|
|
|
Sub-total of Bihar
|
10.00
|
|
|
|
|
2 Delhi
|
Composite Loan Scheme
|
10.00
|
*
|
|
|
|
|
Sub-total of Delhi
|
10.00
|
|
|
|
|
3 Gujarat
|
Composite Loan Scheme
|
10.00
|
*
|
|
|
|
|
Sub-total of Gujarat
|
10.00
|
|
|
|
|
4 Maharashtra
|
Composite Loan Scheme
|
10.00
|
*
|
|
|
|
|
Sub-total of Maharashtra
|
10.00
|
|
|
|
|
5 Odisha
|
Composite Loan Scheme
|
210.00
|
*
|
|
|
|
|
Sub-total of Odisha
|
210.00
|
|
|
|
|
6 Rajasthan
|
Composite Loan Scheme
|
225.00
|
*
|
|
|
|
|
Sub-total of Rajasthan
|
225.00
|
|
|
|
|
7 Tamil Nadu
|
Composite Loan Scheme
|
110.00
|
*
|
|
|
|
8
|
Loan Promotion Scheme
|
5.00
|
*
|
|
|
|
|
Sub-total of Tamil Nadu
|
115.00
|
|
|
|
|
9 West Bengal
|
Composite Loan Scheme
|
102.50
|
*
|
|
|
|
|
Sub-total of West Bengal
|
102.50
|
|
|
|
|
|
Total
|
692.50
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
|
|
|
|
|
|
|
* Being the Second release for the loans sanctioned in the previous
years
|
|
|
|
UTs – Nil
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A
proposal was moved to restructure and strengthen Rashtriya Mahila Kosh from
existing single office Society to Government owned Non Deposit Taking
Systemically Important Non-Banking Finance Company (NBFC-ND-SI) u/s 617 of the
Companies Act with a Pan-India office network. However, after due consideration
it has been decided to strengthen RMK
in the existing legal form i.e as a
Society registered under Societies Registration Act 1860.
A pilot study to assess socio-economic impact of RMK loan on
improvement in the living condition of poor women has been conducted in
2012-13. The evaluation study has revealed that there has been a general
improvement in the standard of living and wellbeing of the beneficiaries.
Increased participation in self-employment generating micro enterprising
activities of the beneficiaries has also been noticed.
This was stated
by Smt. Krishna Tirath, Minister for Women and Child Development, in a written
reply to the Lok Sabha today.
****
MV