A ‘self-help group’ consists of around 20 members from the same area with a similar socio-economic background. They come together to achieve a common goal - sustainable economic development Each member of the SHG will pool their financial resources to make small interest-bearing loans to their members and after these SHGs fulfil certain pre-determined criteria, they will be able to borrow from us for on-lending to its members.
Belstar’s success stories paint the picture of how women have inspired many by beating impossible odds and succeeding on their own for their families, with a little help from microfinance.
Belstar’s objective is to identify and effectively empower women to build a sustainable livelihood by giving them access to credit and training. Shajeena from Aluva is one such empowered woman and belongs to the Belstar JLG named Ambal. An enthusiastic person, Shajeena loves to spend her time
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Hema Prasad is 38 years old and lives in Khatima, Uttarakhand with her family. Her husband is a factory worker and earns a very minimal daily income. With a desire to improve the standard of living for both her and her family she started a small general store about 9 months ago.
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At Gudiya Singh’s small home in Lucknow, Uttar Pradesh the hum of the sewing machine has become the norm. Gudiya runs a tailoring shop from her home, she has two machines and uses them to do embroidery. Gudiya is happy to have become part of the Belstar family.
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Seema lives in Shimoga with her husband and children. She has been engaged in ‘plate-making’, while her husband is a daily-wage labourer. Their joint income was not enough to keep the family running. While Seema had ideas to start her own business, there was a paucity of funds.
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IRDAI Corporate Agency (Composite) Regn No – CA1052 (Valid till 11-June-2028)
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