Organaization

AS THE ABOVE ACCOUNT REVEALS, THE ORGANIZTION STRUCTURES OF BAGNAN’S WOMEN DEVELOPMENT ACTIVITIES HAVE GROWN OVER TIME AND OUT OF THE NECESSITY TO MEET PRACTICAL PROBLEMS, AS AND WHEN THEY AROSE. IN WHAT FOLLOWS, THIS STRUCTURE IS DESCRIBED IN DETAIL. BASIC STRUCTURE: THE BASIC STRUCTURE OF THE ASSOCIATIONS OF WOMEN IS SHOWN IN FIGURE .

The Coperative Bank The Bagnan Mahila Bikash Cooperative Credit Society (BMBCS) follows the policy of Savings first, credit later. The BMBCS has shown strong confidence on poor people’s savings potential. This organization prefers to work independently and wants to be fully self-sustainable. It is always difficult for poor people to have their savings secured. Aim of the BMBCS is to provide secured savings facility to the poorest sector of the society. This secured savings give the poor not only economic security during times of adversity but also mental strength. Every member has an individual savings account in the bank in addition to their group account. Member can also deposited their money in different deposit scheme (i.e. Recurring, Cash Certificate, Daily Deposit, MIS etc.).Total Amount of Savings Deposited by Member is Rs. 57.74 Crore on 31/03/2024. Similarly the society provide credit to the women for their economical activities and also for otherpurpose (i.e. education, medical treatment, housing, wedding etc). Total loan Disbursement during the 2023-2024 financial year is Rs. 33.16 Crore and Loan Outstanding is Rs. 35.01 Crore.Income-Generating Projects (IGP) Another important activity of BMBCS is related to loans (IGP) sanctioned for the purpose of income-generating projects. The projects covered under this scheme are linked to: cottage industry such as ‘jorry work’, knitting work, food processing etc.Expenditure on Welfare Activities BMBCS’s Welfare Activities BMBCS has been consistently allocating more funds to various welfare programmes. There has been an attempt in recent times to further expand this sector by including more hands-on skill-creating training programmes, opening of model schools in poorer localities, and setting up of agro-lab for the spread of organic agricultural cultivation.