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Products and Services |
MICRO CREDIT SERVICES
| Loan Products |
Interest |
Loan Size |
Purpose |
Principle &Interest payment |
| Income Generation Program |
12% Flat |
5,000 - 20,000 |
To start IGP |
Weekly installments(with in 50 weeks) |
| Small Business |
12% Flat |
30,000 - 50,000 |
To start a new business or to Expand the existing business |
Weekly installments(with in 100 weeks) |
| Festival and Emergency |
Rs.100 - 400 Depending on the loan |
5,000 - 20,000 |
To meet a expenses of medical,treatment,marriage etc., |
Repayment within 2-4 weeks |
| Housing program |
8.35% Flat |
50,000 |
Construction of new house |
Within 72 Months |
| Housing(Repair & renovation) |
0 interest for Rs.5,000 12% for Rs.5,000 |
10,000 |
Renovation of old house |
Within 24 Months |
| Destitute program |
Nil |
1,000 |
For very poor members |
Within one year |
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CREDIT PLUS SERVICES
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| Health |
The Trust conducts health camps at the branches, every Saturday/Sunday for the members and their family. Free distribution of medicine and free consultation is done for the poor. Dr.Chandrakala, (Gyn) at Pudur is also providing free consultation to the women members. |
| Insurance (Life) |
All members are covered under life Insurance. |
| Skill development Training |
The Trust provides need based training to the members, to help them start a livelihood program. |
Relief and reconstruction |
The trust helps the poor in case of natural calamities with relief and reconstruction measures |
Tsunami Relief |
Massive relief work was done for poor at the Tsunami affected area. |
Educational Scholarship |
The Trust provides scholarship to the children of the members. |
Legal Aid |
Trust has lawyers, who provide legal assistance to the members, free of cost. |
Passing on the goat |
A female goat kid is passed on to a member. She rears her well and after the yield of young ones, she in tern passes on a female kid to the next member. |
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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
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Upcoming Projects |
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. |
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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.
Jatropha oil can be used in diesel vehicle as well as the substitute of kerosene for heating and lamps. Jatropha oil burns with a clear smokeless flame.
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
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