Self learning power point presentation about the importance of sector own control systems in self help groups and its federations and how it will address sustainable member owned institutions
2. • Member Ownership
• To avoid conflict
• Self governance
• Sustainability of Institution
Guide lines on Sector
Own Control(SOC)
Guide lines on Sector
Own Control(SOC)
Sector Own Control?
3. Sector Own Control Objectives
Financial
literacy
Financial
literacy
Institution
growth
Institution
growth
Systems &
procedures
Systems &
procedures
ElementsElements
Growth in thrift ,
Credit services
Growth in thrift ,
Credit services
Savings
protection
Savings
protection
Community
audits
Community
audits
AccountabilityAccountability
Participatory
decisions
Participatory
decisions
5. Functions of Sector Own Control
Financial literacy trainings-Member
education
Community audits and sharing of
observations for institutional growth
Monthly Progress review of SHGs by
collecting MIS.
Timely interaction & conflict resolution
within member SHG.
Continues……
6. Functions of Sector Own Control
Lobbying with Government & other
development institutions for services.
Information collection & dissemination
to SHGs & federations.
Setting up internal control systems
Self assessments and feed back
Establishment of systems, procedures
Continues……
7. SOC should ensure…..
Engaging members to address the social
development activities, accessing of basic
services in equity basis through developing
their own business plans.
Credit plus :
The SOC is not only concerned with savings
and credit but also seeks to involve itself in
issues of health, education, justice, gender
equality, environment, community
development etc.. Each SHG come up with
its own priorities for credit plus.