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Financial Landscape
in which all the rules and regulations were explained to them before allotting money. Save the
Children included health education for children (under 18 years) in their programme. Ofiicers
talked to people about how to protect their child under the age of 5 from diseases. They also
helped people building toilets at their home, taught housewives how to cook nutritious food,
and provided toys to kids in kindergarten. They hired experienced nurses to train the volunteers about hygiene, health and nutrition who then went and educated people. Currently Save
the children was working in three townships i.e. Kyitemayw, Mudon and Mawlamyine but had
plans to expand as told by Meit (loan officer of save the children, Mawlamying).
It usually dealt with women and lent money at 2.5% interest for 13 weeks. Women could either
start their own business or invest in their husband’s business using this money. One needed to
pay back every 15 days. To apply for loan from save the children one was required to submit a
copy of national ID-card, copy of family list, two passport size photographs and recommendation letter from the head of 100 households.
Save the Children allotted money to a group of 10-15 people and group chose a leader
amongst themselves. A leader did not need to take responsibility of his members; he was only
needed to remind people every month to repay the money before the due date. Save the children hosted three orientation sessions before lending money. One week before lending money,
they went and checked the house of the applicant to assess if he/she was actually staying at
that place only and on the basis of assessment of his/her condition they sanctioned the loan
amount. Usually after the working hours i.e. after 1 or 2 pm they called them for meetings to
explain the rules of the organisation. These meetings were either held at community rest house
or a religious place. All the members in the group were required to take responsibility of each
other. An amount of MMK 50,000 ($50); 70,000 ($70) and maximum 100,000 ($100) was lent
to a person at one time.
One was also required to be physically present on the day of money distribution while to repay
one could send someone else also if he/she could not come for some reason. Each time when
one repaid they noted it down in a book, got his/her signature and also wrote the date of next
installment. Once all the money was returned, they asked them if they wanted to borrow again
and in case they wanted, they had to undergo the same process to borrow money again. After
their 9th installment they could file the request to borrow money again.
Angelina borrowed money from Save the Children to buy meal