Peoples Action for Transformation - (PAT) Microcredit

Project Brief: PAT is working to enable the urban and rural poor to attain sustainable growth by creating livelihood opportunities through delivery of microfinance and related support services.
Project Type: Community Based Interventions (description)
Primary Focus: creating resources (description)

Secondary Focus: children from slums

Area: Urban
Supporting Chapter Contact: Canada
Status: completed - requirements ended
Project Steward: Priya Veerasubramanian
Project Partner(s): R Stephen
Other Contacts:
Project Address: , No. 4, A-Block, St. Paul’s Complex, Bharathiar Salai,,Thiruchirapalli,
TAMIL NADU  620001
Tel: 0091-431-2413434, 2463434
Stewarding Chapter: Canada
Jun 2011Work an HourUSD 13000
Jun 2009CanadaCAD 25000
Oct 2008CanadaCAD 15000

Total = $47400

This project aims to provide microcredit to 2000 rural and urban poor every year in Ariyalur, Trichy and Tanjore districts of TamilNadu.

PAT runs daycare centres for children in slums within Thiruchirapalli (Trichy) City Corporation limits. These daycare centres provide children with a nutritious diet, early childhood education, hygiene, clean clothing and medical service.

In addition to the social upliftment and empowerment provided via the microcredit program, PAT will also be able to run one daycare centre using the interest generated from the loans.
1. To provide micro credit to 2000 rural and urban poor every year in Ariyalur, Trichy and Tanjore districts of TamilNadu.
2. To achieve an estimated portfolio outstanding of Rs. 2 crores every year.
3. To increase the income level of beneficiary families who availed the 4th cycle of loan.
PAT was promoted as a Trust under Indian Trust Act on 02.05.1997 by a team of socially committed and concerned individuals headed by K.Hirudayasami. The objective was to empower the underprivileged and to improve the quality of their life in collaboration with like minded individuals, organizations and government departments. After a period of 5 years doing mostly social intermediation, we decided to step into the activities promoting economic development in the lives of our clients. The financial assistance came from Friends of Women’s World Banking, India, Ahamedabad towards our Micro credit operation at the fag end of 2003. The size of the first loan granted was Rs. 5 lakhs. Now our portfolio has grown to the size of 5 crores and above benefiting nearly 14000 clients.