Q&A: MED Projects in India

Q: The loan is equivalent to how many weeks’ wages? 
A: The average loan is $100 (Rs 50,000), that’s equivalent to 15 weeks wages.

Q: What was the average wage before joining the program?
A: $9 per week

Q: What is there average wage being part of the program? 
A: Depending on the business type, the income range is between $56 to $86 per week. The individual’s income is multiplied between 6.25 to 9.5 times.

Q: What % of the loan is used for initial stock/ set up? 
A: 100%

Q: What is purchased with the funds? 
A: Refer to below examples

Roadside Petty Hotel

Cooking Utensils

28

Raw food Materials

44

Plates & glasses

9

Cooking Gas

9

Gas Stove

12

Miscellaneous

3

Total set up cost

$105

Tailoring

Sewing Machine

65

Pair of Scissors

10

A Box of Threads

10

Cutting Pad

17

Miscellaneous

3

Total set up cost

$105

Selling fresh fish

For buying Fish

65

Scales & Weights

17

Basket

12

Travelling

7

Miscellaneous

4

Total set up cost

$105

Cake Shop

Cooking Utensils

28

Raw food Materials

44

Plates & glasses

8

Cooking Gas

9

Gas Stove

13

Miscellaneous

3

Total set up cost

$105

Q: What sort of businesses do the women run?

Business type

Tailoring

17%

Selling fresh fish

14%

Cake shop

12%

Clothes

10%

Petty hotel

8%

Selling milk

7%

Selling firewood

5%

Selling sweets

5%

Selling eggs

3%

Selling rice

3%

Selling dry fish

3%

Selling prawns

2%

Selling milk & curd

2%

Tea shop

1%

Sewing material

1%

Laundry

1%

Selling garlands

1%

Selling curd

1%

Selling 2nd hand sarees

1%

Mini book shop

1%

Selling Goat milk

1%

20+ different businesses

Q: What happens to the funds when they are returned?

A: The funds are recycled into another loan, which again enables another woman to start her own small business.