News & Events
 


  October 04, 2012
  Corporation Extends Assistance   for Silk Weavers


  Aug 24,2011
  Annual Budget for BCW   Department


  July 05,2011
  National Conference of Managing   Directors


  June 14,2011
  New Head of the Department


  May 21,2011
  Change of Guard in the BCW   Department   


  Oct 4,2010
  Steady Progress in Micro Finance   Scheme


  Sep 30,2010
  Md. Abdul Gani, General Manager   of the Corporation has been   appointed as the Chief Executive   Officer, West Bengal Waqf Board.


Bangiya Christiyo Parisheba   (BCP),  Facilitating Micro Finance,
  Emphasis on Recovery of loan


  July 15,2010
  Website has been launched by   Shri Jogesh Ch. Barman, Hon'ble   MIC, BCW Dept.


  June 26,2010
  Micro Finance Scheme at   Kamarhati Municipality


  March 25,2010
  Massive gathering of SHG   members at Ranibandh Block   campus in Bankura . district


  March 03,2010
  55 SHGs from Shimlapal Block in   BanKura district submitted   documents for assistance under   Micro Finance scheme

 

 

 
 
         Success Story
 
 
 
 
SHG Producing Kantha Stitch
 
 
SHG Producing Kantha Stitch
 
 
10 female members of Prerna Swambhar Gosthi are now self reliant. After forming the SHG in 2007 they received loan of Rs. 2.50 lakh from WBBCDFC under Micro Finance scheme and started producing Kantha Stitches Saree in their village Sukhbazar of Illambazar block in Birbhum district. The SHG has repaid entire loan and interest strictly with the repayment schedule. In December 2011 the SHG looked for further loan so that it may procure more raw materials and produce more Sarees. Another loan of Rs. 1,42,500 has been disbursed to the SHG immediately. The women artisans are now happy with the progress of their work which has resulted in generating more income for the group members. All of them have crossed the BPL with the implementation of the scheme of NBCFDC.
 
 
 
Corporation Extended Benefits to Kumartuli
 
 
Corporation Extended Benefits to Kumartuli
 
 
Kumartuli is a traditionally potters’ quarter. It is famous for artistic production of clay idols of the Hindu Gods. Orders for Kumartuli images are placed well in advance not only from adjoining areas of the city of Kolkata or other metropolis in India but also from abroad, particularly from US and UK.
Kumartuli is both home and workshop for the idol makers and it is not a very attractive place in terms of space and other requirements. Moreover, most of the potters have to borrow money at high interest from outside in order to procure various raw materials for idol making.
WB Backward Classes Development & Finance Corporation has extended its assistance to as many as 52 such potters of Kumartuli in the form of ‘Term Loan’ to the tune of Rs. 28 lakh. The loan attracts interest @ 6% p.a. only and is repayable in five years span under the terms and conditions of NBCFDC. Shri Sishir Paul (left) and Shri Narayan Ch Paul (right) in the photograph are among such beneficiaries in Kumatruli. The Corporation sanctioned scheme for them having project cost of Rs. 1.0 lakh. Each received 95% of the project cost as loan. Both of them have repaid entire loan amount and interest. They admitted to have made a profit of Rs. 50,000 by selling the images during last one year. The Corporation is considering further sanction of loan they have prayed for to invest more in the procurement of raw materials and improving upon the infrastructure.
 
 
Success Stories of SHG :
 
 
SHG Receives State Award
 

The best Self-Help Group of the district as declared and awarded with by the Hon’ble Chief Minister Smt. Mamata Banerjee in a huge gathering at Netaji Indoor Stadium, Kolkata on 21 Hanuary 2012, is a beneficiary under Micro Finance scheme of NBCFDC, disbursed through Chandanpiri Sri Ramakrishna Ashrama which is engaged in providing micro credit for OBC individuals and SHGs at Namkhana Block of South 24 Parganas district.
Maa Bishalakshi Swambhar Gosthi, the SHG, constituted of 11 women members and mainly engaged with agricultural activities under the leadership of Smt. Rekha Sarkar, received loan of Rs. 1.25 lakh. The SHG has, till last December, a balance of Rs. 47,900 in its account with BGVB, Panch Mile Branch along with only Rs. 19,000 outstanding of the loan amount.
The SHG was formed about 10 years ago and has been tested with the time. It has taken part in the schemes like social forestry and ‘Sahay’ administered by local Panchayat. Its members have built toilets at home, eight members have attained literacy and four of them can read books in vernacular. Thus the SHG has also pursued its social commitment strongly and effectively.



 
 
 
Success Stories of Education Loan Schemes :
 
 
TCS Employ Beneficiary of Education Loan
 

The Tata Consultancy Services (TCS) employed a beneficiary of Education Loan of WBBCDFC immediately after he passed out in 2006. The beneficiary, Shri Indrajit Pal, son of Shri Naba Kumar Pal came from a rural family of small farmer of Puyada village in East Midnapore district. He was admitted to B. Tech. Course in Electrical Engineering at Techno India Institute in 2003. But his family was unable to afford his education expenses. Shri Pal came to know about the Education Loan scheme of NBCFDC and applied for the loan. Rs. 2.92 lakh was sanctioned for him in 4 instalments and the first instalment of Rs. 75000 was disbursed to him in April 2003.
Since then he never looked back. He completed the course in 2006 with 8.3 overall grades and was offered job by TCS immediately. Presently posted in Kolkata, Shri Pal continues to work with the organization. He earns Rs. 5.0 lakh per annum. He has recently completed entire repayment of loan with interest which amounted to Rs. 3.64 lakh. He received rebate @1% of repaid amount as he followed the repayment schedule and never became a defaulter.



 
 
 
Success Stories of Micro Finance Schemes :
 
 
Cheering Impact of Micro Credit
 
It was a small beginning when Chandanpiri Shri Rama Krishna Asram, an NGO working in Namkhana Block, inside the Sundarban region of South 24 Parganas district, applied in 2002 for Micro Credit. The Corporation sanctioned a loan of 3.0 lakh on 4-4-2002 with an interest @5% per annum. Since then the Corporation has financed to the tune of 113.22 lakh till the end of the financial year 2010-11, and now the entire OBC population of Namkhana Block in the BPL category may look forward for financial support towards livelihood and income generation from W.B.Backward Classes Development & Finance Corporation through the NGO, which is working hard to build up its network and coordinate the whole task.

People of this Block have to live with frequent high tides, cyclones and breaches of embankments causing extreme vulnerability particularly for the backward and poor families. Life of 90% of the people of Sundarbans depends on agriculture on reclaimed land, while fishing is the next major source of income. A good number of beneficiaries covered under micro credit have taken up vegetables production and sale as another important means of livelihood with the investment of the fund they borrowed from the NGO.


Presently the number of families who took loans stands at 500 spread over to 6 Gram Panchayats. The Corporation engaged the Understanding the Tendencies of Social Asymmetry (UTSA) to conduct an Impact Study on them. Its report, submitted in April 2011, contained the following salient features:
1. Out of the assisted individuals, 24% belonged to 16-30 years age group, while 37% is from 30-60 years.
2. Maximum number of beneficiaries is from Haripur Gram Panchayat, perhaps due to proximity of the NGO to the area. However, five more Gram Panchayats of the Block have also been incorporated.
3. 28.75% women beneficiaries utilized the loan for agriculture, while 25.5% men used it for small business. Only 2% of them utilized the loan for a purpose other than what they had mentioned in applications.
4. 35.46% of applicants seeking loan of more than 20,000 had earning of less than 3000 per month.
5. Owing to the devastating Aila in 2009 causing damage to land and property extensively the rise in income level suffered. Thus per capita income of the beneficiaries rose from 3436 in 2009 to 4698 in 2010. The growth was more in Haripur and least in Narayanpur Gram Panchayat.
6. The rate of repayment of loans is high. Defaulters constitute 16.25%, female defaulters remain 6.15% only.
7. Average amount of savings of individual families has increased from 4083.30 to 8118.09 in 2010.
Although the impact of micro credit has not been sensational, the progress so far is encouraging and local demand for more loans is amplifying in recent time. Also, the NGO has cleared its entire overdue amount to the Corporation. Naturally, the WBBCDFC has taken a positive stand and sanctioned another instalment of loan of 39.95 lakh in May 2011 with a view to have more physical and financial coverage in the Block.
 
 
 
Success Stories of Micro Finance Schemes :
 
 
Assistance to BPL Families in Nadia under Micro Finance
 

During first 5 months of 2010-11 the WBBCDFC provided financial assistance for 38 Self Help Groups under Micro Finance Schemes in Nadia district. Most of these SHGs have been organized and nurtured by Bangiya Christiyo Parisheba.
In many cases the SHGs have given freedom to their members to chose their own financial activities, develop them, generate income and repay the loans to the respective SHGs on monthly basis. Individual beneficiaries received loan @ Rs. 10000 at a time from their Group. This has helped them shoulder lesser financial burden at a time. The SHGs however continued to pay quarterly instalments to WBBCDFC out of the collection from individual members every month.
Animal Husbandry, Poultry, Fishery, Tailoring, Vending, Tea Shop, Goods carriage by Horse carts have been among the major activities undertaken by the beneficiaries. Here we may look at some of them [pictures arranged from top according to the list of names produced below].

  1. Anjuara Shekh, wife of Najir Sekh, Vill. Badlangi, PO. Kalyandaha.
  2. Aslima Khatun Begam, wife of Sodharuddin, Vill. Chapra Bangaljhi.
  3. Chayna Molla, wife of Israfil Molla, Vill. & PO. Mahatpur.
  4. Doleyara Shekh, wife of Khudu Shekh, Vill. & PO. Mahatpur.
  5. Ejman Bibi, wife of Aber Shekh, Vill. Bangaljhi, PO. Kalyandaha.
  6. Hajira Biswas, wife of Faraz Biswas, Vill. & PO. Mahatpur.
  7. Mabia Shekh, wife of Rumjan Shekh, Vill. Bangaljhi.
  8. Najira Bibi, wife of Majibar Shekh, Vill. Bangaljhi, PO. Kalyandaha.
  9. Rupa Mandal, wife of Ranjit Mandal, Vill. Bangaljhi.
  10. Sahanur Shekh, wife of Chhalam Shekh, Vill. & PO. Mahatpur.
  11. Smritilata Mandal, wife of Rabin Mandal, Bangaljhi.
  12. Suria Shekh, wife of Masar Shekh, Vill. & PO. Mahatpur.

 

    

    

    

    

 
 
 
 
Success Stories of Self Employment Schemes :
 
The Terracotta Glamour
 
The word ‘terracotta’ means baked earth. Shri Biplab Paul, son of Late Haripada Paul of Nabapally (Ranjan Nagar), Kolkata – 700 104, has been experimenting with the Terracotta since 2003. Shri Paul, a Kumbhakar by caste, received a loan under NBCFDC scheme of Rs. 47500 that year and started producing potteries and decorative wall plates using the terracotta sculpture. He repaid the loan and interest following the repayment schedule. Thereafter he was assisted with fresh loan of similar amount in 2009. With the additional investment he extended his activities and started making dry flowers too.
He has already exhibited and sold his products in various NBCFDC organized fairs at Delhi Hut, Suraj Kund and Shilpotsav 2010, in addition to the Craft Fair of Govt. of West Bengal, where he was awarded with the second prize in 2009-10.

The 36-year-old young artist started his career after the death of his father with a meager earning of Rs. 26000 pa. Now his earning has reached the 6-figure mark. He has also given employment to 2 persons in his workshop.
 
 
SHG Earning More in Jute Products Manufacturing
 

At Debra in Paschim Medinipur district the Corporation assisted some SHGs in 2007 who were engaged in Jute products manufacturing. Jute Product 1 no. SHG from village Naraharipur is one
of them. This SHG received Rs. 2.5 lakh under Micro Finance Scheme in March 2007. The Group consists of 10 members headed by its President Sushama Benua. Prior to the assistance under Micro Finance they mobilized a thrift fund of Rs. 5000. According to the information received from the SHG each member could manufacture 6 jute mat everyday earlier. Thus in a month of 26 working days on average the Group used to produce 1500 to 1600 mats.
Each mat gave a profit of Rs. 10, thereby total income of the SHG per month stood as Rs. 15000 to 16000.
Presently, productivity has increased to 10 per member per day owing to larger investment in the manufacturing and total number of mats now being produced by the SHG is 2600 to 3000 per month. Thus each member in the SHG is now earning Rs. 2600 to 3000 every month.

 
 
SHG in Embroidery and Moving High
 

Smt Tandra Das a young woman from Illambazar, Birbhum was a village housewife who was adept at Kantha embroidery, a traditional form of embroidery in West Bengal. She used to embroider Silk and Tussar Sarees after taking orders from middle agents. She also used to get some work done by other women like her from the village and sold them at the local market or to agents at Bolpur. Due to lack of capital the sarees were very few in number and the maximum amount that she could earn was around Rs. 16000 to Rs. 18000 per year. That was ten years back.
In the year 2007 Smt Das came to know about the West Bengal Backward Classes Development & Finance Corporation and with the support of her husband organized some other women in and around her locality to form a Self Help Group of ten members as per the norms of the NBCFDC. The SHG was named as Agrani Swambhar Gosthi.
The SHG received sanction under Micro Finance scheme from the WBBCDFC for a project cost of Rs. 2,50,000. The group earned the ability to purchase adequate amount of raw materials.  A small entrepreneurship developed amongst them and dependence on middle agents gradually reduced. The SHG has repaid their 12 installments to the WBBCDFC by May 2010.
Now the average annual income of the family of the group members has increased to Rs. 40,000. The products of the Group are being exhibited in the Shilpotsav 2010 at New Delhi.

 
 
Name of the applicant
: Suprabhat Pandit
   
Address
: 4E, Kedar Nath Bannerjee Lane.
P.O. Ariadaha,Kolkata-700057
   
Sub-Caste
: Tanti
   
Scheme
: Computer Accounting under Term Loan
   
Training
: From WEBEL in financial accounting and ‘A' level from DOEACC Society
   
Project Cost
: Rs. 50,000/- 1st installment on 9.9.02
Rs. 50,000/- 2nd installment on 16.12.04
   
Installment
: Rs. 2,775/- quarter for 2nd loan
Rs. 2,815/- quarter for 1st loan
   
Recovery position
: Up-to-date
   
Additional employment
: One excluding beneficiary
   
Views
: Pre-disbursement counseling by / Bank is required
 

     

 
Name of the applicant
: Samar Das
   
Address
: S/O. Late sankar Das
Vill. & P.O. Haripal, Dist. Hooghly, West Bengal.
   
Sub-Caste
: Tanti
   
Project
: Ready made Garments
   
Training
: Diploma in Tailoring from Lady Brabourne Tailoring centre, Serampore, Hooghly
   
Project Cost
: Rs. 57,000/- 1st phase on 24.02.05
Rs. 57,000/- 2nd phase
   
Installment
: Rs. 3,320/- (quarterly)
   
Present Activity
: Readymade Shirt and Pant Production and selling
   
No. of Persons Employed
: 5 persons
   
Recovery position
: Up-to-date recovery
   
Remarks
: Time required from application to final sanction should be minimised. Formalities should be simplified
 

     

 
Name of the applicant
: Madan Kumar Pal
   
Address
: 5/0. Late Gobinda Pal
Vill. Mohary Chandni Bagan,
P.O. Andul Mauri, P.s. Domjur, Dist. Howrah
   
Sub-Caste
: Kumbhakar
   
Project
: Luxary Taxi
   
Year of Sanction
: 2001
   
Amount of loan
: Rs. 3,51,500/-
   
Installment
: Rs. 7,400/- per month.
   
Recovery position
: Up-to-date
   
Remarks about N.B.C.F.D.C Loan
: Pre-disbursement and post disbursement counseling in respect of beneficiaries required
 

     

 
Name of the applicant
: Soumen Pal
   
Address
: 1, Banamali Sarkar Street, Kolkata-700005
   
Sub-Caste
: Kumbhakar
   
Project
: Clay Modeling
   
Year of Sanction
: 395 dated 14.6.2000
   
Amount of loan
: Rs. 47.500/-
   
Present Activity
: Clay Modeling
   
Installment
: Rs. 2,812/- (quarlerly)
   
Recovery position
: Full amount recovered
 

     

 
Name of the applicant
: Sujata Saha
   
Address
: R-210/2, Cotton Mill Lane, Kolkata-700044
   
Scheme
: Ready made Garments
   
Trainings
: Agrasen Smriti Bhawan Kalakar Street, in Tailoring
   
Year of Sanction
: 2002-03 1st loan Rs. 50,000/-
2003-04 2nd loan of Rs. 50.000/-
   
Amount of loan
: Rs. 50,000/- 1st phase
Rs. 50,000/- 2nd phase
   
Present Activity
: Engaged in Kurta & Kamij production involving. 5 workers, produced items sold to wholesalers
   
Installment
: @ Rs. 2,765/- for each loan (quarlerly)
   
Recovery position
: Up-to-date
   
Views about N.B.C.F.D.C. Loan
: The staff and Officers of corporation are very co-operative; they helped me a lot to avail the loan
 

     

 
Name of the applicant
: Suphal Ghosh
   
Address
: Vill- Simulia, P.O- Kirtipur , P.S- Barasat,
Dist- 24 Parganas (North), Pin - 700128
   
Sub-Caste
: Goyala Gope
   
Scheme
: Pisciculture
   
Monthly employment
: Average 60 mandays / month
   
Trainings
: Department of Fisheries , Govt. of W.B.
   
Year of Sanction
: 05-09-2001. Memo no. = 1391/BCFBE/2001
   
Amount of loan
: Rs. 100000/-
   
Present Activity
: Fish culture and selling
   
Installment
: Rs. 5623/- (quarlerly)
   
Recovery position
: Full Paid
   
Views about N.B.C.F.D.C. Loan
: Loan amount in pisciculture should be increased. Awareness campaign about loan should be made.
 

     

 
Name of the applicant
: Md. Sovan Nadab
   
Address
: S/o Majibuddin Nadab
Vill. & P.O. - Amriti, P.S. - English Bazar,
Dist- Malda. Pin- 732208, West Bengal
   
Sub-Caste
: Dhunia
   
Scheme
: Grocery
   
Year of Sanction
: 2001
   
Amount of loan
: Rs. 47,500/- (95% of Rs. 50,000/-)
   
Present Activity
: Fish culture and selling
   
Installment
: Rs. 2812 /Quarter for 5 Years
   
Recovery position
: Full Repayment in August. 2006
   
Views about N.B.C.F.D.C. Loan
: 2nd dose is required to extend the business.
 

     

 
Name of the applicant
: Debabrata Paul
   
Address
: 73, Kalighat Road, Kolkata - 700026
   
Sub-Caste
: Kumbhakar
   
Scheme
: Clay Modeling
   
Year of Sanction
: 781 date 22.11.99
   
Amount of loan
: Rs. 47,500/-
   
Present Activity
: Clay Modeling
   
Installment
: Rs. 2,812/- (quarterly)
   
Recovery position
: Full amount recovered
   
Views about N.B.C.F.D.C. Loan
: All the Kumbhakars (CBC’s) of my area i.e. Kalighat have received NBCFDC loan and they have utilized properly.
 

     

 
 
 
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