The Humana Microfinance project started in June 2007 with support from Humana Holland. The project provides improved access and efficient provision to micro credit/finance to secure sustainable livelihood opportunities and a
life of dignity for the rural poor, especially women in India. The project is designed to prevent poor women being exploited by moneylenders or being denied access to credit. To ensure this it pledges to organise them in groups,
build their capacity and to provide easy access to credit so that they manage their risks better, build their assets gradually, develop their micro enterprises, enhance their income earning capacity and enjoy an improved quality of life.
Humana Microfinance has achieved high growth, both in terms of its client base and portfolio outstanding. As of 31st March 2016, Humana microfinance had reached 110,000 members (45,234 active clients) who are organized in 10,878 groups in 1,212 villages in eighteen districts of India. Out of the total loan portfolio, nearly 87% is invested in animal husbandry and 13% in small scale business. The loans provided have helped to increase their monthly family income by an average of Rs.1,500 to Rs.2,000. The project has not only helped in income generation but also in gender equality and improved standard of living.
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