Banking Institute & Learning Centre of Excellence for Holistic Aspiration of Mothers (BILCHAM)

Context 

BILCHAM gained tremendous confidence among the rural poor due to easy access to credit and a feeling of ownership resulting in a positive response from all quarters.

About 

  • BILCHAM was established on 25th October 2006 under the Societies Registration Act 1983 as an Apex Federation at the District Level under West Garo Hills CommunityResource Management Society/NERCORMP, funded by IFAD, DONER/NEC & Government of India for the sustainability of the rural community.
  • It is a strong women independent organization catering to the livelihood and credit for the poorest of the poor who were earlier devoid of all these facilities.
  • It gives services to the entire West Garo Hills and some parts of East and South Garo Hills independently through the SHG Federations who are also the members of the Board responsible for scrutinizing, sanctioning and recovery of the loans.

Source: PIB

 
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