Bosco Seva Kendra

"Abolition of Poverty" is slogan of the Government and the NGOs. "Bosco Seva Kendra" (BSK) has selected "micro finance" through Mutually aided Cooperative societies (MACS) as one of the means for reducing poverty. The fact that more than 30% of the population is not approaching the banks for their credit needs (because they have no security to offer) reveals the extend of poverty. The poor have emergency credit needs. The only source left for them is the money lender whose interest rates (24%-60%) can make them sink into the quagmire of poverty. Timely credit will save this group from the clutches of the money lender.

This question was thoroughly discussed at the two day training organized at Singh Nagar Vijayawada for the sisters of St Ann's and their staff working with children. Mr. Job.P.J and Mr. Nageswararao from Bosco Seva Kendra were the trainers for the two day programme on the 22nd and 23rd January 2013. Twenty six women staff including eight sisters participated in this training. The training was keenly appreciated and well understood as the trainees voluntarily came forward and resolved to form 13 Children's Parliaments at the closing of the training.