Practicing Success
In which state was ‘Kudumbashree’ i.e. a women-oriented community-based poverty reduction programme implemented? |
Tamil Nadu Andhra Pradesh Himachal Pradesh Kerala |
Kerala |
‘Kudumbashree’ is a women-oriented community-based poverty reduction programme being implemented in Kerala. In 1995, a thrift and credit society were started as a small savings bank for poor women with the objective to encourage savings. The thrift and credit society mobilized Rs 1 crore as thrift savings. These societies have been acclaimed as the largest informal banks in Asia in terms of participation and savings mobilized. |