It is once again the time for XLRI students to play mentors.
Social Initiative Group for Managerial Assistance (SIGMA), a society of students at the elite B-school, organised a capacity-building and empowerment programme for women members of self-help groups (SHGs) in East Singhbhum on Friday.
SIGMA co-ordinated with city-based voluntary organisation Kalamandir for the pilot project that formed a module to help SHG members know their duties and perform the same in a more effective way.
The daylong course encompassed basic accounting skills and understanding savings and health insurance, knowing reasons for taking loans and the concept of interest along with bank loans. The 20-odd women were also taught marketing and business modelling. Another batch of the same number will be trained on Saturday.
Since the beneficiary group mostly comprises rural women, the technique of imparting education was also different. Instead of solely depending on PowerPoint presentations and classroom lectures, which B school students are used to, the module for SHGs is made interactive and interesting with anecdotes.
This mentor project of XLRI was launched in 2010 and has reached its fourth year. It starts during the Joy of Giving Week and continues thereafter.
Initially, the module for the course was made in consultation with XLRI faculty members and Nabard. But this time, SIGMA volunteers visited SHGs and asked them what they wanted to learn, while students planned the module best suited for the members.
“Women from SHGs do not know much about business. So, we are helping them understand basics of how to run a business and ways to sustain it,” said Madhukar Shukla, a senior faculty member of XLRI.
Sneha Agarwal, secretary of SIGMA, said the programme had always been successful. “We make it a point to continue the course even after the Joy of Giving so that a larger number of village women are benefited,” she added.