Local Trust Fund
DDCs establish an autonomous district-level Local Trust Fund (LTF) to implement and expand
the social mobilisation process in villages based on the commitment & ownership of the
participating districts and VDCs. LTFs develop specific policies and guidelines and
mobilise additional resources for the implementation and expansion of VDP in a
self-sustaining manner |
Institutional
Development
Formation of Community Organisations
LTFs urge villagers to group themselves into broad-based,
multi-purpose community organisations (COs). At least 80 percent of the households in the
settlements group themselves into men’s, women’s or mixed COs. The CO members
besides conducting micro-finance activities also seek ways of improving their lives and
surroundings. |
Graduation
of COs
By increasing adherence to the self-governance principles and
following their "15 creeds," COs gradually become "matured." They then
seek access to LTF and other sources (VDC, DDC, I/NGOs) to enhance their economic
development opportunities. |
Economic
Development
Community-Based Entrepreneurial Skills
COs access their own savings or the revolving LTF credit to
undertake individual and collective entrepreneurial activities of their choice, to develop
their professional skills in specialised services, to improve their access to market and
technology. |
Priority
Productive Investments
Matured COs can access Seed Grant from LTF to undertake small
productive infrastructure projects prioritised by the communities in a participatory
manner. |
Technology
Transfer
PDDP and/or LTF also support COs access to innovative
appropriate technologies to scale up micro enterprises and improve productivity. |
Self-Governing
Institutions at the Grassroots
COs, as self-governing institutions, act as permanent
receiving mechanism for various resources directed at local development and influence
public investment to improve their living conditions. |
