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Fight Against COVID-19 - MID TERM AND LONG TERM REQUIREMENTS

UWM's interventions to fight COVID-19 are based on best practices of other affected communities & include emergency response measures and long term efforts to build resilience and rehabilitate affected communities.
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My Appeal

Helping to 2500 Poor Families from loss of Income / unemployment due to Covid-19. SRINIVASA MICRO CREDIT FOUNDATION is a registered & licensed as Non-Profit Making Company under section 8 of the Companies Act, 2013. Till now, we have helped near about 1000 families by providing financial aids and distributed funds more than 80 Lakhs through us & with our different partners to the some needy families across Maharashtra, Gujarat & Karnataka. We promote economic development, employment and growth through the support of micro-entrepreneurs and small businesses; also it is a way for poor to manage their finances more effectively and take advantage of economic opportunities while managing the risks. We empower women and giving parents the ability to save money for their children’s education. We emphasis on female-oriented funding is the subject of controversy, as it is claimed that finance improves the status of women through an alleviation of poverty. It is argued that by providing women with initial capital, they will be able to support themselves independent of men, in a manner which would encourage sustainable growth of enterprise and eventual self-sufficiency. Moreover, the attraction of women as a potential investment base is precisely because they are constrained by socio-cultural norms regarding such concepts of obedience, familial duty, household maintenance and passivity. The result of these norms is that while micro-funding may enable women to improve their daily subsistence to a more steady pace. Microfunding produces many benefits for poverty stricken and low-income households. One of the benefits is that it is very accessible. Banks today simply won’t extend loans to those with little to no assets. Microfunding is based on the philosophy that even small amounts of funds can help end the cycle of poverty. Another benefit produced from the microfunding initiative is that it presents opportunities, such as extending education and jobs. Families receiving microfunding are less likely to pull their children out of school for economic reasons. As well, in relation to employment, people are more likely to open small businesses that will aid the creation of new jobs. Overall, the benefits outline that the microfunding initiative is set out to improve the standard of living amongst impoverished communities We provide micro funds to poor entrepreneurs and small businesses lacking access to banking and related services. The two main mechanisms for the delivery to such people are: (1) relationship-based organization for individual entrepreneurs and small businesses; and (2) group-based models, where several entrepreneurs come together to apply for funds and other services as a group. We support and cover several types of needs: Disasters: such as campfires, floods & cyclones. Lifecycle Needs: such as sickness, injury, unemployment, death, funerals, childbirth, education, widowhood and old age. There are near 2500 members in our organization. Nowadays suffering from huge loss of income. All works are closed due to Covid-19. Need funds for day to day survival, restarting their small business, etc. Huge loss of income due to uncertainty Covid -19 facing by nation. These members are mostly from Maharashtra, Gujarat and Karnataka state. Required Funds - Rs. 50,00,000/- No. of Poor Families to be covered - 2500 One Family - Minimum Rs. 2000/- Kindly do the needful.

Project Details

The long term implications of this pandemic have the potential to cripple affected communities. Once the need for social distancing subsides, we foresee a need for midterm and long term interventions to rehabilitate communities and build resilience to any further incidences.

Expected interventions include:
  • Upgradation of sanitation and hygiene facilities in communities such as low-income schools, Anganwadis, community spaces, hospitals, etc.
  • Health education, screening and awareness generation on WASH behaviours
  • Restoring livelihoods of daily wage earners and marginalized communities
  • Mental health support
  • Identification and skilling of community health volunteers
  • Upgradation of health facilities and infrastructure in government hospitals and public health centres.
  • Support of frontline workers including doctors, nurses, public health workers, sanitation workers, police personnel, etc.
  • Nutrition and education support for children to compensate for losses during periods of isolation or school closure.
  • Upgradation and installation of sanitation and hygiene facilities at public areas with high footfall like Railway stations and Bus stations along with awareness generation.
  • Measures to improve hygiene awareness and practices in high-density habitation like in urban slums

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About Me

SRINIVASA MICRO CREDIT FOUNDATION is a registered & licensed as Non-Profit Making Company under section 8 of the Companies Act, 2013.

 

 

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MID TERM AND LONG TERM REQUIREMENTS
United Way Mumbai