Initiative:

Financial viability of PACS on a sustained basis

Beneficiaries:

600 farmer families of Bagalkot district, Karnataka

The Challenge:

• Lack of proper infrastructure in Kuali PACS which caters to 9,000 villagers and 600 farmer families
• Lack of affordable finance
• Providing convenience for villagers through PACS

The Solution:

• NABARD sanctioned a loan to Kuali PACS for construction of an office buildingcum- godown-cum shopping complex
• Improvement in PACS infrastructure and diversification into non-credit business
• PACS encouraged to widen scope for sale in every visible area

The Impact:

• New infrastructure now houses tailoring, grocery, agro-service units and a milk parlour that provides regular business for PACS
• The PACS infrastructure also houses a fertiliser unit, a pure drinking water unit and a milk cooperative society
• Access to drinking water at affordable rates