3) Description of your products or services: Bank designs, products of savings, credit, and micro health insurance according to the need of rural poor women population. Savings: Bank has catered daily weekly and monthly saving products for poor women.2 Credit: Bank has designed the credit program, which has the repaying system of daily weekly and monthly. 3. Micro health insurance: The Bank with partners has designed micro insurance products; Because of these products poor communities in the areas are saved from the debt trap of moneylender. Primary clients Street vendors, Milk vendors, shepherd women and nomadic women and craft workers and small entrepreneurs. Impact – Prior to Mann Deshi Mahila Bank, women in this area had no financial options other than taking emergency loans from money lenders at exorbitant rate of interest, Now women take loans from our bank to start new businesses and to develop productive assets. if women control the finances, the entire family benefits as more money is spent on children, education, and household necessities. To see impact of life see link www.manndeshi.org/approach.htm Innovations in Rural Development:· Providing Bicycle to schoolgirls to reduce dropout in school. Because of the lack of transport facility. As of December 2004 the Bank has lent 400 bicycles. Property rights for women: In 2004 Bank successfully lobbied with the Revenue Department to include women names in the property papers. Today nearly 600000 women have been able to get the share in the household property.

4) Description of the operational model: In each weekly market Bank has appointed agents giving door- to-door services of savings, lending. In return they get the commission. This makes the distribution services sustainable and viable. Agent is using wireless simputers, this helps daily compliance of data even from the remote areas (simputer is wireless small computer in which list of the clients and their saving can be saved and data can be transferred to computers). Marketing center: Bank launched its Marketing Center for farmers and producers. Center is equipped with technology like cell phones and internet which helps them to inquire about the market rate and get the better prices for their commodity. Providing umbrella to street vendors: Bank lends umbrellas on a per-day basis repayment at least interest to women who sell in open-air weekly markets. The umbrellas reduce women’s risk of falling ill, which directly affects their ability to earn. Sim Card technology: One recurring difficulty faced by our clients is the inability to keep their account details confidential. Many of our clients do not store their passbooks in their home for fear of demands on their hard-earned or newly acquired loan money from their husbands. In response to this problem, the bank has provided sim cards through which women can deposit or withdraw their money.Daily data information is complied with the bank. Regular monthly meeting of SHG leader and quarterly meeting of Co-coordinators help to get feedback and ideas about product.

5) Description of the financial model: Bank was started with savings and share holdings of local population. We collect tiny savings from the village women and credit is given to the needy. Operational cost is met by the interest paid by needy and low-income women who are taking loan for the small businesses. Bank also advocates local people to invest in saving and capital reserve, this helps to provide services to the needy and poor, other wise they will have to go to moneylender and pay exorbitant rate of interests. If women invest in the share can get the dividend and avail the facility of marketing their products. This motivates them to invest in capital reserves. As Bank has savings of 60 million, lending of 50 million rupees and the capital reserves of 10 million. This had been collected with the tiny transaction. This strategy has made institution self-supporting and profitable. Bank has never taken any short or long term funding. It started with the local resource and develops the institution in such a way that we can develop the sound capital reserve base; simultaneously meet operation cost through earning lucid interest. Bank regularly has to do rigorous exercise of keeping the administration cost low.

      Client fees represent this approximate percentage of operational budget: 90%

6) Key operational partnership: Bank works with Government, corporate sector and social sector: Bank had attained the license of the Banking from the central Bank of India so that it becomes legitimate to tap the savings and reserves. Unlike other kinds of MFIs, Bank is a regulated bank that requires Reserve Bank approval every time to opens a new branch office. Because obtaining permission can be very difficult, Bank is petitioning for changes in Reserve Bank policies and making it more effective to access financial services in remote and rural areas. For the families who are earning below 1$ per day bank has develop the partnership with the government program and have been able to provide the grants for income generation activity and housing to the extreme poor families. Bank has developed the partnership with the corporate sector for the marketing product of the local producers. Partnership with the insurance companies has help bank to design the micro insurance products. Bank has partnership with the charitable hospitals, which provides reliable health services as in India it is difficult to get in the rural areas. Please refer to link www.manndeshi.org/partn2.htm.

7) Current outreach:

What is the order of magnitude of the potential demand for your products or services? Which
    other low-income groups, countries or regions could benefit from it? Try to quantify (number
    of clients, market size in currency):
The bank expanded its client base to from wage laborer to street vendors, small entrepreneur women. Bank has designed the products of saving, credit, micro insurance and marketing. These women are from informal sector. Bank has avail the loan facilities to 28200 street vendor and shepherd women, 9400 wage earners, 4700 small entrepreneur women, 4700 other loan. Totally bank given the services to 47000 clients. Total amount given to each person is around 300 dollars. Our products can be used with the people who are in informal and agricultural economy. We have expanded in the cities where are street vendors. In informal sector, these products can be replicated anywhere as they are designed for the people who have daily and weekly earning. Everywhere in the world women gets the control of savings and expenditure final benefits goes to whole family.

Street vendor loanee

8) Scale-up strategy: