Beneficiary Type: Women
objective of the Community Investment Fund (CIF) for Self-Help Groups (SHGs) is to provide financial support to their members to undertake socio-economic activities and improve their livelihoods and quality of life. CIF serves as a catalyst for improving livelihoods by enabling SHGs to access loans for activities like setting up small-scale industries, meeting credit needs, and strengthening their capacity for self-reliance and financial management.
The primary purpose of a Community Investment Fund (CIF) for a Self-Help Group (SHG) is to serve as catalytic capital to provide small loans and grants to its members for socio-economic activities and livelihood development, ultimately aiming to improve their quality of life and financial inclusion.
Rs. 75,000 to Rs 1,50,000
To be eligible for Community Investment Fund (CIF), a Self-Help Group (SHG) must be actively existing for at least six months and practicing the <<Panchasutras>> (regular meetings, savings, internal lending, timely repayment, and up-to-date accounts). The group should also have a fully functional bank account, maintain perfect accounts, promote internal lending, and ideally have a participatory micro-plan and a dedicated person for bookkeeping.
Gujarat(Ahmedabad, Amreli, Anand, Aravalli, Banaskantha, Bharuch, Bhavnagar, Botad, Chhota Udaipur, Dahod, Dang, Devbhoomi Dwarka, Gandhinagar, Gir Somnath, Jamnagar, Junagadh, Kheda, Kutch, Mahisagar, Mehsana, Morbi, Narmada, Navsari, Panchmahal, Patan, Porbandar, Rajkot, Sabarkantha, Surat, Surendranagar, Tapi, Vadodara, Valsad)
Applications are processed through Taluka Project Manager, GLPC.
Provided by Taluka Project Manager, GLPC.
To get a Community Investment Fund (CIF), a Self-Help Group (SHG) needs to provide documents such as the SHG's inter-se agreement, resolutions to open a bank account and apply for the CIF, KYC (identity and address proof) documents for authorized signatories, a letter of recommendation from the relevant Self-Help Group Promotion Agency (SHP), and a track record of their repayment history. Other required documents can include the SHG's meeting attendance register and their project report.
| Gender | Female |
| Age | 18 to 100 |
| Caste | General,Scheduled Caste,Scheduled Tribe,Socially and Economically Backward Communities / Other Backword Class ,Economically Weaker Sections |
| Economic Status | APL,BPL,Both |
| Occupation | Woman |
| Sector | Rural development |
| Income Criteria | Not Applicable |
| Citizen | Senior Citizen, Non Senior Citizen, All citizens |
