+- Odisha Development Forum - An Initiative from The Odisha Society of the Americas ()
+-- Forum: Livelihood, Economy, Entrepreneurship, Investments (/forum-14.html)
+--- Forum: Agriculture, Horticulture, Fisheries, Animal Hisbandry (/forum-42.html)
+---- Forum: Animal Husbandry (/forum-272.html)
+---- Thread: Goat banking (/thread-687.html)
Goat banking - Chitta - 03-30-2024
Goat banking - an innovative concept. Poor people take two 1 year old goats and then after two years return half the kids (usually the 2 becomes 10 and they return five). In between they are coached and helped and smaller business transactions happen such as the goat bank buys the goat poops from them and makes fertilizer out of them.
A well educated couple in Odisha left their jobs and started this in Kalahandi (Odisha) and are running this successfully. The PM covered this in his Mann Ki Baat. https://www.financialexpress.com/india-news/what-is-the-goat-bank-pm-modi-spoke-today-in-his-mann-ki-baat-address-bkg/3404678/
The company: https://www.manikstu.com/
An interesting take on the micro-loan and SHG concept geared towards local knowledge and expertise - raising goats.
RE: Goat banking - Chitta - 03-30-2024
RE: Goat banking - Chitta - 03-30-2024
An earlier version from Maharashtra: https://www.indiatoday.in/india/story/take-goat-on-loan-return-4-lambs-maharashtra-farmer-starts-unique-goat-bank-to-fight-agri-distress-1765695-2021-02-03