Antenna Trust

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About us

Antenna Micro Credit Network (AMCN)

AMCN was formed in the year 1995 and got registered at Madurai. The main objective of the organization is social development of women. AMCN, in its area of involvement, found out that Girl children and women during Ante Natal Care(ANC) and Post Natal Care(PNC) were very much affected by anemia. The organization initiated production of Spirulina and distributed dried spirulina / spirulina tablets / spirulina capsules / spirulina chikkies to children as well as women to overcome anemia. ANTENNA gradually changed its strategy and by 2003 started providing direct financial assistance [by way of micro credit] to the poor to help them better their living conditions. ANTENNA identified some Self Help Groups [SHGs] and initiated the practice of small savings and credit among them. ANTENNA started giving them small loans to the tune of Rs.3000/- or Rs.5,000/- under micro credit program with a view to fulfill their credit needs. They were also encouraged to become small entrepreneurs. In 2007, this Micro credit program of AMCN was extended to 6 districts in Tamilnadu . As of now, 18750 Members belonging to 1200 SHGs are being edxtended loans with the focus on economic empowerment of the poor.

Objectives • To identify people who are socially backward and financially poor and to impart training to them in various aspects related to entrepreneurship development. • To provide them with them a loan amount ranging from Rs.10000/- to Rs.25,000/- to enable them to become small entrepreneurs [ with small businesses].