NRLM provides Revolving Fund and Community Investment Fund (CIF) as Resources in Perpetuity to the institutions of the poor, to strengthen their institutional and financial management capacity and build their track record to attract mainstream bank finance.
• Revolving Fund (RF) support to SHGs: ASRLMS is providing Revolving Fund (RF) support to the SHGs (SHGs that have not received any RF earlier), as corpus, with a minimum of Rs. 10,000 and up to a maximum of Rs. 15,000 per SHG. The RF support, besides meeting consumption and initial production needs, is also building institutional capacities of the SHGs in managing loans and funds.
• Community Investment Fund (CIF): ASRLMS is providing Community Investment Fund (CIF) to SHGs through their Federations through Micro Credit Plan (MCP) to support further for enlarging their opportunities for livelihoods and other social needs. This would enable members of the SHG to access loans and undertake income generating activities individually as per the Micro Credit Plan and increase their incomes.
• Vulnerability Reduction Fund (VRF): VRF will be used for addressing the vulnerabilities of the members like food security, health security, natural disaster security, etc., and for meeting the needs of the vulnerable persons in the village. This Vulnerability Reduction Fund would be used for the purpose of reducing the vulnerability and risks faced by the disabled and vulnerable in the village.
