|
|
 |
GMR Varalakshmi Foundation  Activities Empowerment & Livlihoods |
|
|
| |
| Empowerment & Livlihoods |
|
| Livelihood Training Institutes |
|
The Foundation has set up and is running several institute of Entrepreneurship development. Three of these are in partnership with Andhra Bank, and two are being run independently.
|
 |
| These institutes train unemployed youth in a variety of skills, from plumbing to tailoring to two-wheeler repairs to photography and videography. Apart from the technical skill, great emphasis is placed on developing the entrepreneurial spirit of the participants, strengthening their motivation, communication skills, confidence, etc. After the training, the Foundation closes the loop by facilitating bank loans for those who want to set up micro-enterprises, and works with potential employers for placements. About 2000 young people are trained every year, and the settlement rate is upwards of 75%. The Foundation extends hand-holding support to trainees for two years after the training, to ensure that they are able to build on their training. |
 |
| |
|
| Self-Help Groups |
|
| The Foundation is currently facilitating 80 SHGs through group processes, motivation, training, etc. These SHGs have managed to get loans of upwards of Rs20 lakh. The SHG members are engaged in a variety of income generation activities, from petty shops to fast food joints to shell picking.
|
 |
| |
 Top |
|
| |
|
|
0.93 (4.38%)
