In order to enable slum/rural poor women to access credit facilities, they have to attend a seven-day training program. This covers topics such as group organisation and the mechanism of credit operation. The rules and regulations DSK uses are similar to Grameen Bank’s, these are explained in full to the women. The responsibilities of the group chairperson, the centre chief and all group members were explained. This is essential for effective management of the group’s savings. Learning to write a signature was mandatory for every woman in the group.
In addition to learning about the micro-credit scheme the workshops provide a good opportunity to train on health care, education and participation in other social development programs.
Groups must become conversant with the mechanism of credit operation to finish the course.
After successfully completing the seven day training borrower groups are recognised by DSK management. Eight such recognised groups in a locality form a centre. Summary information on the number of centres and borrowers is shown in the table below.
Weekly Savings and Credit (Group Model)
Flexible Savings and credit program
Micro Enterprise Loan
Hard Core Poor Loan
Micro Finance for Marginal & Small Farmer
Disaster Facing Loan