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What is the IVCS Rural Development Fund?

Donations to the IVCS Rural Development Fund are transferred to India to support a range of rural development projects. Except where otherwise indicated, these projects are run by the Society for Agro-Industrial Education in India, at Amarpurkashi village in northern India, or "APK project" for short. IVCS has had a partnership with this project for over 25 years, and therefore has great confidence that your money will be used well.

Rural Development Fund progress report

July 2007 - January 2008 progress so far

The following funds were transferred to India in January 2008:-


The following funds were transferred to India in July 2007:-


More details will be provided later in the year.


July 2006 - June 2007 report

Rural Development Fund bank account

Balance of RDF at June 2006: £4,490.84

Transfers into RDF account during year: £6,473.50 (of which £4,215 was earmarked for the Health Fund)
Interest during year: £111.13

Transfer to India July 2006: £25
Transfer to India January 2007: £500

Balance of RDF at June 2007: £10,602.67 (of which £4,215 is earmarked for the Health Fund)

The money transferred to India was used as follows:

In addition, funds already held in India (carried over from the previous year's transfers) were spent as follows:-

A further £270 (for another eye camp) was donated direct to the APK project (not through IVCS); this money will be held until the next eye camp can take place

Donations for rural development from the Treasurer's Account

In addition to the above, donations were transferred to India from the IVCS Treasurer's Account as follows:

For full details of the wide-ranging activities of the APK project in 2006-7, please see the progress report for 2006-7.

July 2005 - June 2006 report

Rural Development Fund bank account

Balance of RDF at July 2005: £4520.66

Income during year: £645
Interest during year: £80.18

Transfer to India January 2006: £755
There was no transfer to India in July 2005

Balance of RDF at June 2006: £4490.84

In addition, £580 already held in India (remaining from the previous year's transfer) was carried over into this accounting year. Of this, £254.95 was used for a training session for NGOs (see below), leaving a balance of £325.30 carried forward to 2006-7.

The money transferred to India was used as follows:

Donations for rural development from the Treasurer's Account

In addition to the above, donations were transferred to India from the IVCS Treasurer's Account as follows:

For full details of the wide-ranging activities of the APK project in 2005-6, please see the progress report for 2005-6.

July 2004 - June 2005 report

Rural Development Fund bank account

Balance of RDF at 15 July 2004: £5094.14

Income during the year: £575 Interest: £56.12

Transfer to India : £1205

Balance of RDF at July 2005: £4520.66

The £1205 was transferred to India to fund training for Self Help Groups as described in the web page on the SGSY scheme.: This is for four 4-day residential training courses, each for 50 trainees; the cost per training course is £301.22. (A more detailed cost breakdown is available). All trainees are Self Help Group members, below poverty line.

Two of these courses took place during the year (at a total cost of £625), leaving a remainder of £580.25 carried forward to the following year (see report for 2005-6).

Donations for rural development from the Treasurer's Account

In addition to the above, donations were transferred to India from the IVCS Treasurer's Account as follows:

£2,435 was donated to support the APK project generally, and principally used as described under "general donations" for the July 2005 - June 2006 report above.

July 2003 - June 2004 - account opened

Rural Development Fund bank account

The account was opened on 15 July 2003 from donations (£5030) transferred from the treasurer's account.

Interest: ££56.12

Expenditure: None

Balance of RDF at 15 July 2004: £5094.14

Earlier donations

This report only describes transfers to India from July 2004 onwards, but the relationship between IVCS and the APK project is over 25 years old. The IVCS office has reports of donations in earlier years.