Microcredit is the extension of small loans to entrepreneurs too poor to qualify for traditional bank loans. It has proven to be an effective and popular measure in the ongoing struggle against poverty, enabling those who are deprived of economic empowerment.

The aim is to assist the poor women through financial services on loan basis, to establish an independent, sustainable programme dedicated to providing effective flexible and responsive quality financial services to promote self- reliance among the poor rural masses through micro enterprise, which will act as grass-root engine for poverty alleviation and economic growth.

To create a condition for sustainable savings and credit to help themselves to overcome poverty, particularly poor women and also to create access to credit on reasonable term enabling the poor to build on their existing skill to earn a better income in each cycle of loans.

	By introducing Self Help Group Model's whose basic philosophy lies in the fact that shortcomings and weaknesses at the individual level are overcome by the collective responsibility and security afforded by the formation of a Self Help Group of such individuals.
The collective coming together of individual members is used for a number of purposes: educating and awareness building, collective bargaining power, peer pressure etc.

The programme includes creating awareness of the importance of microcredit within the community. Developing resources and tools for communities and microcredit Self Help Groups to monitor progress and identify good practices.

Creating opportunities to learn about the principles and practice of microcredit, which includes publications, workshops and seminars, and training programmes. Moreover, by promoting Rotating Savings and Credit Associations which are essentially a group of individuals who come together in a

Self Help Group and make regular cyclical contributions to a common fund, which is then given as a lump sum to one member in each cycle. For example, a group of 12 persons may contribute Rs. 100 per month for 12 months. The Rs. 1,200 collected each month is given to one member. Thus, a member will 'lend' money to other members through his regular monthly contributions. After having received the lump sum amount when it is his turn (i.e. 'borrow' from the group), he then pays back the amount in regular/further monthly contributions. Deciding who receives the lump sum is done by consensus, by lottery, by bidding or other agreed methods.

By giving credit to the poor and illiterate women, the people who pleaded that they did not know how to invest money and earn an income. It will create independence and will boost individual's initiative to break through the wall of poverty. Unleashing of energy and creativity in each human being is the answer to poverty.

Like previous year, SHIS and SHIS Ashadeep took joint initiative again for distributing Garments viz., Sari, Lungis, etc. for the deprived women and men.