|Product||Term||Loan Size (INR)||Interest Rate|
|Micro Enterprise livelihood initiatives||50 Weeks||10,000 – 18,000||24% Diminishing|
|Micro Enterprise livelihood initiatives (Upgrading)||100 Weeks||20,000 – 25,000||24% Diminishing|
|Additional Working Capital||20 Weeks||5,000||0% interest|
|Additional Working Capital||50 Weeks||10,000||24% Diminishing|
|Livestock program(NABKISAN)||100 Weeks||25,000||20 % Diminishing|
|Repair and Renovation||12 Months||15,000||14.5% Diminishing|
|Toilet Construction||12 Months||15,000||14.5% Diminishing|
|Maternity Loan||20 Weeks||5,000||0% interest|
|Micro Business Loan||36 months||36,000||21% Diminishing|
Livelihood Generation Program
Mahasemam has trained its members to marketed products like semam soap‚ semam shampoo‚ semam oil‚ semam coffee powder‚ semam match box and other products to the community. Mahasemam procures these quality products from manufacturers‚ who produce it as per the given specification‚ adhering to highest quality standards‚ which is then market under the brand name “Semam”. The members earn a decent profit from the sale of these products
Biogas & Bio diesel generation
Mahasemam is the first MFI in India to start with Bio diesel and Bio gas projects for generation of clean eco friendly energy and well as employment generation. Members will get an additional source of income by cultivation of Jatropha plant, which would give the basic raw material for the bio diesel. Mahasemam has a buy back arrangement with the members, which will ascertain a steady income for the cultivators.
The cultivation of Jatropha is well suited to the climatic and soil conditions prevalent in Southern Tamilnadu, which has arid weather and low fertility soil . The Jatropha seeds have 40% oil content . The oil content is 25-30% in the seed and 50-60% in the kernel. Jatropha saplings starts yielding the in the first year after plantation .After the first five years, the typical annual yield of Jatropha tree is 3.5 kgs of Beans. The tree is productive for 30-40 years. 4 kgs of seed is required to produce one litre of Bio Diesel. As per realistic estimates, one hectare of Jatropha plantation can yield up to 2.2 -2.7 tons of oil . The pressed seed cake which is the by-product left after the oil is pressed out from the seed, is very rich in nitrogen and thus very good manure for agricultural fields. The remaining oil is used to make skin friendly soap.
Thus Jatropha not only meets the rural energy needs but also protects the environment and generates gainful employment.
There will be four business opportunities for involvement of the interested stakeholders
- Plantation of Jatropha.
- Collection of oil bearing seeds
- Processing of seeds to produce oil and seed cake, processing of cake to get Bio Gas and Bio Fertilizer.
- Manufacturing of Bio-diesel