Income Generation
Income generation by self-employment or small
businesses creates rural employment. PAF has
been focusing on this pressing issue of rural
unemployment and under-employment. Since
the world has witnessed the successes of small
businesses (popularly known as microenterprises),
PAF has incorporated this as one of
its major programme components. From the
identification of potential entrepreneur to the
product sale, PAF provides longitudinal services
in skill development, business literacy,
technology, access to credit and sale. The process
of micro-enterprise development also begins
with social mobilization. Based on the resource
potentials and entrepreneurial capability, the
process of micro-enterprises creation begins.
For income generating activities, PAF provides 90
per cent grant to COs to launch activities,
exclusively for the target groups. The groups or
CO members borrow money from CO's
Revolving Fund in the form of loan to launch
Income Generating Activities (IGAs).
The participants pay back the loan on an instalment
basis to the COs. Hence, the Fund revolves within the CO to support the financial
requirement of target communities. Apart from
this, group saving is also encouraged. To add
value to their product and for market
development. PAF also supports target
communities to implement infrastructures
related to create business linkages.
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