Village project in India
Finja supports village projects in India
We support a village project in India with Hand in Hand, which works in a sustainable way to fight poverty in the world. We also encourage all customers, partners and suppliers to do the same.Together we make a difference.
Finja has for 10 years had a collaboration with Hand in Hand. Most of Hand in Hand’s operations are based on female entrepreneurship, something that is close to our hearts.
Hand In Hand works to eradicate poverty by educating women so that they can start companies, create new jobs or further develop existing businesses. Those who need can get a microloan to get started with their business. When the loans are repaid, the money is reinvested in new microloans to more women. A small amount from the beginning thus grows all the time and can give more and more women the opportunity to get themselves and their family out of poverty through their own entrepreneurship.
In the wake of the pandemic, the demand for livelihood opportunities and jobs is now increasing dramatically, which means that Hand in Hand’s efforts are expected to grow further. By being a donor to Hand in Hand, we at Finja want to contribute to a sustainable environment and sustainable societal development.
Our Christmas gift from Finja means that we continue to support the village project in the village of Kadadhe in India. Through regular reports we get to follow the development in the village; for example, in the first six months of 2021, the project has provided 972 women with training, 55 new companies have been started and 67 new jobs have been created. A development we are proud to contribute to.
Hand in Hands entrepreneurial model coordinates efforts in five key areas:
- Education and Entrepreneurship
Self-help groups are formed in the village and there the women receive training in entrepreneurship and entrepreneurship, financing, savings and marketing. They are trained in how to start and run a business.
- Vocational training
Some also need vocational training as well as basic training in reading, writing and arithmetic. After that, the women gain increased knowledge about trade and business development in order to be able to expand and develop their companies. marketing.
- Financing
Right from the start, the members of the self-help groups regularly start saving small sums, both individually and jointly, in order to invest. If a smaller loan is required, a micro-loan is arranged from Hand in Hands microcredit fund. The repayment rate is almost 100%. - Expansion
When companies are up and running, Hand in Hands business coaches support entrepreneurs in issues such as distribution, quality, packaging and expansion. They can also be supported in expanding into new markets outside their local.
In addition, this includes complementary initiatives according to local needs, such as extra teaching and support for children’s schooling, health checks and information on nutrition, personal hygiene and child care, as well as initiatives for the environment and sustainability where the goal is to create sustainable and green companies. / p>
Hand in Hand
Hand in Hand was started in 1989 by the teacher couple Olle and Gunnel Blomqvist. To date, the organization has helped create or strengthen 4.6 million jobs in India, Afghanistan, Zimbabwe and Kenya. To date, they have trained just over 3 million people in entrepreneurship. Hand in hand Sweden has 18 employees in Stockholm, and the organizations have just over 3,000 local employees in the above countries. The money is sent directly to where it is going, without intermediaries.
Village Project
In 2019, Hand in Hand launched a Christmas campaign where you had the opportunity to enter as a private investor or through one or more shares in a village project. The campaign involves a focused investment in support for self-employment, economic autonomy and sustainable development in an entire village and lasts for two and a half years with reports and follow-up from the specific village you choose to support. In this project, the Finja Group has chosen to support the village of Kadadhe in the Maharashtra area of India.
In 2019, Hand in Hand raised a total of SEK 70.8 million and financed 14 new village projects in Kenya, 22 in India and two in Zimbabwe.
Project Effect
– To date, the project has contributed to the creation or strengthening of 4.6 million jobs in India, Afghanistan, Zimbabwe and Kenya.
– It has also created and further developed 4.6 million businesses, lasting just over 3 million in India.
– 3.1 million people have so far been trained in entrepreneurship.
– The project has 260,014 self-help groups.
– The average income for the Indian participants in the program has increased by about SEK 300 – 400 a month.
Read more and support entrepreneurs at www.handinhandsweden.se .
