Tuesday, November 1, 2011

Rang De

Kokila Devi, a widow from Jharkhand, one of the 18 people I have given loans to so far, through Rang De. Eight people had lent money to meet her need of Rs.10,000, and she has repaid 75% of the loan already!

Her profile: http://www.rangde.org/borrower/microcredit/india/jharkhand/kokila-devi/4821

"Kokila is a homemaker and is the sole provider for her children since the death of her husband. Training to become a village level service center has given her new hope and is ready to set up her grocery store. This store will provide her with a regular income and also serve the community by imparting health, insurance and other useful services. She is happy that she will be providing for her children and helping her village. Please note the loan tenure is 1yr and will be repaid in 4 equal installments."

On another note, a few kilometers from Jungle Lodges, Kabini, 200 kms from Bangalore, live communities that have never seen electricity, earning a max of Rs. 7,000 to Rs. 10,000 in an entire year.

Rang De is trying to create alternate sources of income for them. http://blog.rangde.org/2011/10/just-another-day. I am a volunteer with the Bangalore Chapter of Rang De. Looking forward to field trips to visit these communities, and hoping we can make a difference to these people.

Knock out Poverty. Become a Social Investor.

Rang De: http://www.rangde.org
On Facebook: https://www.facebook.com/rangdeorg
Blog: http://blog.rangde.org

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