Vikas Trust's Concept Note

Concept Note

Vikas Trust believes and have adopted the formula of “Don’t give them Fish, Teach them to Fish”, as the saying goes. 

India has 30% of the population which is been on our target group, this Human Resources are not been utilized or underutilized or Exploited. During our survey we understood if these people can be molded then they can be assets to themselves, society and the nation. The ability of these groups has been killed / destroyed by religious, political and other groups who have been offering them freebies.

Vikas Trust put in lots of efforts to bring about these changes. We drive to bring out Go Getter attitude and work with those who wish to bring in change in them. The flow is as below:
Identify the deprived area, talk with the group, Check in the Living Standard and Style, Facilities available at home and in the area, Resource available with them and nearby, Habits and Likings, Analysis Mental Block, Problems & Skills in them.
Visit many times to Counsel with them for STRIVING FOR BETTER LIFE
Fine tune skills, train / develop skill for quality
Counsel / Guide for Quality, Time Management, Financial Literacy, etc
Provide resources for sourcing raw material, at best negotiated price
Provide Financial Support (Interest Free Revolving Fund) or provide linkage with Donor / Social Investor / Financial Institute
Set up process of making / service
Develop Marketing Staff for marketing of product or provide linkage for direct supply
Advice for record maintenance
Advice for Financial Planning, Importance of Tax Returns and Liabilities
Teach them and experience the JOY of GIVING

In brief we provide 360 degree support to those who wish to improve his family standard of living. 

It has been learned that many wish to get out of this condition and could not due to lacking support. With our supportive action and right counseling they can scale up and even built up their capacity, earn better and improve their standard of life.

Its needless to say, that the present condition, expolite these under privileged citizens in many ways for the vested interest, which our NGO wish to protect them and provide win-win situtation.

Social Impact - Autorickshaw Project

SOCIAL IMPACT

VIKAS TRUST objective is to see the social impact on its beneficiaries. It has been operative since last 3 years and many cases of positive impact came across us. This case is worth posting

One of our Auto Rickshaw Beneficiary who drives Auto on RENT Since last 10 years
He became OWNER last 2 years back, when he got his Auto under our Project 
His earlier Repayment is regular and getting over....

NOW he is planning to get a Second Auto.... and wish to give one on rent on easy terms.

YES this is the economical upliftment.... Yes our support, counselling and interaction with the beneficiary and their family is bringing positive results....

What say friends...

FREEBIES - Good or Bad

SOCIAL IMPACT

Few months back we happen to meet a religious leader who believes in helping poor peoples / families of their religion with FREEBIES. Recently they had distributed many Sewing Machines. On our discussion we had an argument of wrong use of this freebies and people taking undue advantage of the freebies. We even ask them to do a survey after this distribution and it right use of the resources. It was agreed by them than 50% of the beneficiaries sold off the freebies and balance 50% ie 25% people are not utilising the Sewing Machine. Only 25% the overall beneficiaries are really needy and utilising the resource. We advice them to utilize the resource to the right people and only give to the needy. To identify these needy, they need to be charged of the basic cost, so as to avoid the false claims and avoid them from SIN. Making this people commit sin, we are also participating in sin. This concept was not accepted by the religious leader at that point of time, but he latter after few months called me and accepted the concept and agreed to follow the same.
It was a huge success for us, as we were successful implanting our ideas in other and see them follow our foot prints.
Idea here is to charge, so they work and earn and repay. If the family is so needy than the collected amount can be given back after they complete the payment. The amount paid back can be utilised for other needs. IDEA OF SUPPORTING THE BENEFICIARIES IS TO BUILT CAPACITY OR IMPROVE LIVELIHOOD

Comment are welcome. Plz give ur views

INTEREST FREE LOAN

How our LOAN are different??

Our Loan are very soft i.e. INTEREST FREE and on PROFIT SHARING PRINCIPAL

We know its very tough making your both hand meet in this high inflation era. To ease on this we provide loans which are interest free and easy repayment terms. Believe me giving money or lending money doe not work all the time, so we provide then with counselling and advice on capacity building so as to improve their business / services. Work with them on Preventive Health Care and see to it that the investment is used to its maximum with better rewards to the beneficiary.

The amount given as loan is repaid by the beneficiary in easy installments and the profit so generated with this support, a part of it is contributed to the society. When the beneficiary is asked to payback as his / her contribution, so as to support others he / she feels pride of giving back and make himself a contributor to the society also.
The mental block of helplessness is removed and he generate the emotion of BROTHERHOOD.
If its an Interest part then it becomes an transaction without any emotional values.

Our Concept has worked and Uplift many and Empower them to be better Citizens. Some where on this page of fb you shall find the story pertaining to the results / Social Impact of this concept.

The Concept has been appreciated by many scholars and we wish to bring in revolutionary change in the Micro Finance Industry.