Micro Credit

  • SRCC students help puppeteers, manual scavengers earn a decent living March 5, 2013

    New Delhi: Students from the prestigious Sri Ram College of Commerce aren't just about number-crunching. They use social entrepreneurship to help underprivileged people in the national capital from facilitating micro-credit for autorickshaw drivers to reaching out and arranging vocational training to puppeteers, manual scavengers to helping manual scavengers earn a...
  • Beggars turn richie-rich, all 'credit' to smart banking July 25, 2007

    Khairlanji (Maharashtra): Away from big dreams and the glitz of city life, women in the heartland of Dalit atrocities are fighting an inspiring battle for survival. Eleven beggar women in Khairlanji village in Bhandara district of Maharashtra are scripting a micro-credit success story and have set up a...
  • Poor Muslims to get cheaper loans June 16, 2007

    New Delhi: Acting on the Sachar Panel report, the Government could provide financial aid and micro credit to 50 lakh poor Muslims over the next five years. A committee of top bankers has said in its report to the government that a micro credit programme similar to Bangladesh’s Grameen Bank...
  • In this venture, size doesn't matter June 15, 2007

    Mumbai: Sanjida Ishaq Mallik is a divorcee with three children. Her frail frame hides a burning ambition to make it big in life. From a small room in Mumbai's Malwani area, she runs a small workshop that manufactures hand-embroidered gift products. Sanjida started her business with a loan of Rs...
  • Vision of Nobel winner Yunus December 10, 2006

    New Delhi: One hundred and ninety one nominees for the Nobel Prize for Peace, but the Swedish Academy had no difficulty in identifying a humble economist from Bangladesh who has transformed the lives of thousands of his countrymen. Meet Muhammad Yunus who conceptualised the Grameen Bank as a vehicle to...
  • Lend to beggars, Nobel laureate urges December 10, 2006

    Oslo: World poverty could be consigned to museums if banks and governments stimulate the creative energies of millions of poor people, Muhammad Yunus, the winner of the 2006 Nobel Peace Prize, said on Saturday. Mainstream banks will come under pressure to lend to the poor after the award to Yunus and...
  • Zidane mesmerises poor Bangladesh November 11, 2006

    Gazipur (Bangladesh): He is one of the greatest footballers of the modern era - a playmaker of sublime skill and now that he has retired, he is taking his role as football's ambassador very seriously. Born to Algerian immigrants, former France football team skipper Zinedine Zidane grew up in a poor...
  • Micro credit for enterprising people October 12, 2006

    Mumbai: The benefits of a rapidly growing Indian economy is being felt everywhere. Big businesses are gigantic, but the better news is that minuscule businesses are now big too. Micro credit is helping enterprising individuals from the below poverty line category to think big. Sanjida Ishaq Mallik is a divorcee...