Parvati Swayamrojgaar (PSW)

Mission

“Strengthening the poor for sustainable life”

· Socio economic development through credit access, awareness, skills & vocational training.

· Curative & preventive health services & life risk coverage through Micro Insurance

History

Parvati Swayamrojgaar (PSW) began in September 2002 with the mission of alleviating poverty in the urban slums of Pune (India). With the help of Inter Aide, it has over the years develop a unique individual lending methodology that not only incorporates the delivery of sustainable financial services to the poorest of the poor, but also arranges for linkages with a set of family plus health services.

Its founder members, having more than 15 years experience in the social sector, sought to use their expertise in the process of sustainability of poor through the finance, health and family development.


Activities

PSW has been involved in the Income Generating Program or Wealth activities by providing micro–business loans to partners to start or expand business. Additionally, the organisation successfully runs Health Mutual Fund, Family Development Program, training, family security, education & awareness programs.
2
3 Objectives

To provide sustainability to 15000 families under covered population. These families will have

· Sustainable income level

· Good education & awareness capacity

· Good health & living conditions.

Geographical areas of intervention

Parvati is running the programs in six urban slums of Pune city: Janatavasahat, Lohiyanagar, Dandekar Bridge, Kashiwadi, Indiranagar, Ramtekdi

Administrative Details

Contact Person: Mr. Ashok Deshmukh (Managing Director)

Address: 2nd Floor Shantiniket. Above Aadhar Hospital,Near Bank of Maharashtra, Parvati, Pune - 411009

( : (020) 24440976

Hasina Nijamudin Sayyad - Indira Nagar - Parvati



Hasina, thanks to the seven micro credits she obtained with Parvati has increased her level of life. In a bit more than 4 years she developed and diversified her business, multiplied by 3 her income and built up savings.



For 20 years she has been working in “Bangles” (bracelets). The tree first credits helped her to develop her business, and allowed her to invest in a combined house shop in the Indira Nagar slum in Pune. Then from a door to door business she came to an established shop.



Widow, she has tree children: 2 sons (21 and 16 years old) and a daughter (18 years old).





The next micro credits allowed her to diversify her business: public phone, mixer maintenance, cutlery, and extension of the bangle business with traditional and costume jewellery.



The credit amount she obtained increased step by step from 1 500 Roupies for the first one to 30 000 Rps for the last one. Her income has been multiplied by 3 in four years from 3 000 to 9 000 Rps monthly. Each repayment includes 25% of savings: In four years she built up 13 000 Rps saving.



Thanks to Parvati’s programs her oldest son can now study by attending evening classes. She also subscribed to the Health Mutual Found, which give her access to quality health care at fair prices.



She saw her life quality improve a lot, therefore the level of life of the all family increased too.