That's a great initiative! RDFSF's efforts to promote and encourage fish marketing societies are truly commendable. By empowering these societies, you're helping to:
This approach not only benefits the fishermen but also helps to:
RDFSF's work is making a positive impact on the lives of fishermen and contributing to the growth of the fisheries industry. Keep up the fantastic work!
| Years | No of FMS | No of Members | DRF amount (in Rs.) |
|---|---|---|---|
| 2018-19 | 17 | 770 | 2,42,10,000 |
| 2019-20 | 17 | 770 | 2,47,10,000 |
| 2020-21 | 23 | 1447 | 4,05,20,000 |
| 2021-2022 | 24 | 1621 | 5,66,62,000 |
| 2022-23 | 26 | 1694 | 6,47,17,000 |
| 2023-24 | 35 | 1969 | 8,40,97,000 |
| Year | No. of Members | VRF - FMS |
|---|---|---|
| 2020-21 | 102 | 10,20,000 |
| 2021-22 | 240 | 24,00,000 |
| 2022-23 | 316 | 31,60,000 |
| 2023-24 | 364 | 36,40,000 |
The thermocol fishers are mobilized into Fish Marketing Societies at the village level and redeeming them from the clutches of moneylenders/traders for a fair price for their produce and better bargaining power. Under this activity, RDFSF provides debt redemption loans to the FMS members, savings and insurance. As on31.03.2023, 544 thermocol fishers supported with Rs.81.8 lakh credit for the debt redemption and production purposes.
| S.No | Name of the FMS | Reg No | No of Members | DRF amount (in Rs.) |
|---|---|---|---|---|
| 1 | Selvamuthu Mariyamman T-FMS | 212/2019 | 109 | 1120000 |
| 2 | Kadal Meengal T-FMS | 31/2020 | 93 | 2510000 |
| 3 | Sri Thillainayaki Amman T-FMS | 147/2019 | 72 | 1010000 |
| 4 | Mullai Venpura T-FMS | 32/2020 | 170 | 1790000 |
| 5 | Narendran T-FMS | 33/2020 | 100 | 1750000 |
RDFSF's Joint Liability Groups (JLGs) for fish vendors is a fantastic way to empower them, especially women, by providing access to microcredit and encouraging entrepreneurship. Here's how this program is making a positive impact:
RDFSF's JLG program is a shining example of how microfinance and collective liability can uplift marginalized communities. Keep up the fantastic work!
| Years | No of JLG | No of Members | DRF amount (in Rs.) |
|---|---|---|---|
| 2018-19 | 291 | 1382 | 2,07,30,000 |
| 2019-20 | 560 | 2650 | 3,97,50,000 |
| 2020-21 | 853 | 4066 | 8,28,45,000 |
| 2021-2022 | 977 | 4661 | 13,47,80,000 |
| 2022-23 | 977 | 4661 | 17,74,75,000 |
| 2023-24 | 1009 | 4819 | 24,35,50,000 |
| Year | No. of Members | VRF - JLG |
|---|---|---|
| 2020-21 | 454 | 45,40,000 |
| 2021-22 | 1240 | 1,24,00,000 |
| 2022-23 | 1504 | 1,65,60,000 |
| 2023-24 | 1674 | 1,82,60,000 |
RDFSF's initiative to promote Joint Liability Groups (JLGs) for seaweed gatherers and cultivators is a commendable effort to empower the fisherwomen of Ramanathapuram coastal in Tamil Nadu. Here's how this program is making a positive impact:
RDFSF's JLG program is a great example of how collective action and microfinance can uplift marginalized communities, especially women. Keep up the fantastic work!
| Year | No. of JLGs | No. of Members | Micro Credit |
|---|---|---|---|
| 2018-19 | 96 | 476 | 47,60,000 |
| 2019-20 | 96 | 476 | 1,10,55,000 |
| 2020-21 | 130 | 642 | 1,59,90,000 |
| 2021-22 | 182 | 886 | 2,13,85,000 |
| 2022-23 | 182 | 886 | 4,05,95,000 |
| 2023-24 | 182 | 886 | 4,45,45,000 |
To enhance the productivity of women sea shell artisans RDFSF is providing affordable rural financial services, technical backstopping and better market access for the produce of seashell artisans. For this purpose, the seashell artisans are mobilized into JLGs at the village level. As on 31.03.2023, 89 seashell artisans mobilized into 18 JLGs and provided Funding as working capital assistance.
| Year | No. of Titles | No. of Members | Micro Credit |
|---|---|---|---|
| 2021-22 | 18 | 89 | 22,75,000 |
| 2022-23 | 18 | 89 | 56,15,000 |
| 2023-24 | 18 | 89 | 56,15,000 |
The women salt pan workers are mobilized into JLGs and provide affordable rural financial services to liberate them from the informal financial institutions. In total 85 salt pan workers mobilized and provided micro credit of Rs.21.25 lakh and we are expecting to cover more than 1500 salt pan workers under this activity.
| Year | No. of Titles | No. of Members | Micro Credit |
|---|---|---|---|
| 2021-22 | 17 | 55 | 13,75,000 |
| 2022-23 | 17 | 85 | 21,25,000 |
| 2023-24 | 17 | 85 | 21,25,000 |
The loss of fishing equipment due to natural calamities and accidents at sea affected the livelihoods of small-scale fishers. The majority of the small-scale fishers living on incredibly low income have no access to formal financial services to help them to tide over these difficult times. RDFSF is supplying the asset insurance product of PFARMS with a 1% premium to protect the fishing boats of small-scale fishers. In 2022-23, 148 small scale
| S. No | Village Name | No of Group | No of Members | Micro credit (in Rs.) |
|---|---|---|---|---|
| 1 | Tharavaithoppu | 6 | 33 | 825000 |
| 2 | Pamban Vadaku | 2 | 10 | 250000 |
| 3 | Thangachimadam | 2 | 10 | 250000 |
| 4 | Chinna pallam | 8 | 36 | 950000 |
RDFSF has commenced the establishment of fishnet shop in FMS offices to improve the access to quality fishnet and other fishing equipment at an affordable rate. As on 31.03.2023, 15 fish net shops functioning under RDFSF and sold Rs.13.169 lakh value of fishing nets.
Our Federation Empowers Fish Marketing Societies We encourage and support each society to have its own fish market by providing necessary financial assistance. To help them get started, we offer working capital loans at a competitive interest rate of 12% per annum. This initiative enables our member societies to establish and manage their own fish markets, promoting self-sufficiency and economic growth. By providing access to capital, we empower them to take control of their businesses and improve their livelihoods."
| Year | No. of Loans | Working Capital |
|---|---|---|
| 2020-21 | 2 | 2,00,000 |
| 2021-22 | 10 | 14,50,000 |
| 2022-23 | 14 | 20,00,000 |
| 2023-24 | 15 | 20,50,000 |
© Copyright All rights reserved. Designed and Developed by Code Homies
