Financial Intermediation in Livelihoods

This is an emerging area for Trust Microfin Network. TMN would finance community based organizations (like producer organizations, federations, etc.) and NGOs that venture into loan based economic activities with or without technical support from TMN. 

Some initial activities in different sectors are given below.

Dairy

TMN has financed a milk bulk cooler to an organization which is collecting milk from women managed milk collection centers set up in the catchment area of one of our partner MFIs, where it is providing loans for buffalos.

More such units would be financed if the model succeeds in benefiting the poor people in a sustainable way repaying and the loan is repaid from the additional benefit from the bulk cooler.

Agriculture Input output centers for farmers

TMN has provided loan to one partner to set up agriculture common facility centre. The center is providing seeds, fertilizers, small implements on hire, technical inputs, etc. to farmers on cash and credit. Thus farmers are getting microfinance for agriculture operations, which is normally not possible through standard Grameen Bank model of microfinance.

Farmer can take the inputs they require on credit and have to pay at the end of the crop season.

Remittance services to migrants

TMN has carried out a study of financial services required by migrants. In future TMN would start remittance services to migrants.