CEF is an important key element in the SVEP programme. It is given as seed capital to promote entrepreneurship by supporting entrepreneurs who require credit. This not only helps the entrepreneurs in starting their businesses but in the long run also helps them in building credit scores, on the basis of which they can avail bank loan.
CEF is sanctioned only with the agreement of all the members of the BEPC committee.
What steps are taken to set up norms related to CEF in a block?
Conduct a workshop with all the stakeholders of BMMU and DMMU to orient them on the finalized CEF guidelines. |
To manage the CEF related activities, a bookkeeper is appointed by the BEPC. Ensure that SRLM imparts training to the bookkeeper in the bookkeeping activities of SRLM and PIA imparts the SVEP-related bookkeeping. |
Ensure that all CLF and VO bookkeepers and CM’s of SHG are trained by the SRLM on the bookkeeping of SVEP, particularly regarding maintenance of loan disbursement details of the SHG members under SVEP. |