Initiatives for Development Foundation

Cluster

Cluster consists of 5 -mSHG's.
Clusters carry out the functions of collection loans repayments, savings and other cash transactions, including insurance premium and fee for health services etc.
All the members of mSHGs will assemble at the pre appointed date; time and place at the Cluster meetings.
At the same meeting as much as lending, disbursements should be done.
The meeting of cluster is done and located in a place where the radius of travel by the mSHG members should not exceed 15 Kms approximately.
The cluster is an informal congregation of SHGs to and for cash delivery to the IDF mSHG Federation / IDF FSPL.
The cash is collected by the Credit Officers of IDF FSPL and moved to the Branch office of NBFC and mSHG FED office for further deposit into bank account.
Recommend loan applications for its quantum, tenure and other terms etc for appraisal by the Credit Manager of IDF FSPL.
Attending to defaults at the mSHG level and pursue for payment.
Attending to the problems of mSHG, strengthening member groups.
Auxiliary support for group formation and motivation.
Clusters are represented in them SHG Federation management structure, through Cluster Level Associations (CLA). These meet quarterly and are comprised of the Heads of 15-20 Clusters in a similar geographical area.