India

Indian Microfinance Sector Demand Exceeds Current Fundraising…

With more than Rs. 1,000 crore capital inflow into the microfinance sector in 2009, new avenues to raise funds have come under scrutiny of microfinance institutions to meet the demand for rapid expansion that the sector is witnessing in the last two years despite the global financial meltdown in the mainstream banking sector.
Led by SKS [...]

India: SKS Microfinance ties up with State Bank of India…

SKS Microfinance has tied up with State Bank of India and two of its group banks for integration of 600 of its branch accounts with them.
“This is an innovation on the liability side we are offering to our customers. It will facilitate last mile cash-dealing,” Mr Dilli Raj, Chief Financial Officer, SKS Microfinance, told Business [...]

WSJ: Microfinance’s Financial and Social Objectives

Wall Street Journal
According to the 2009 Microfinance India State of the Sector (MISS) Report, the microfinance industry’s client outreach has grown by 30% over the last year to 76.6 million and the total outstanding loan portfolio has grown by a staggering 56% to INR 359 Billion over the same period.
The growing integration of the sector [...]

WSJ: As Microfinance Grows in India, So Do Its Rivals

Mahabubnagar, India
The practice of making tiny loans to poor people, or microfinance, was supposed to help drive traditional village moneylenders from rural India.
Instead, traditional moneylenders, who typically charge high interest rates, are thriving, even in areas most heavily targeted by microfinance, which was begun as a way to help combat poverty by granting the poor [...]

DadaDadi

DadaDadi

Country
India

Programme Summary


The Chandigarh, India-based non-profit service and advocacy organisation DadaDadi is using short messaging service (SMS) and other technologies in an effort to ensure the safety of elderly people living alone in the city.

Katha

Katha

CountryIndia
RegionSouth Asia

Programme Summary

Katha is an Indian organisation working to transform children into community leaders through education. It was started in 1988 with a children's magazine ("Tamasha!") and was fully registered as a nonprofit organisation in 1989 (serendipitously, on World Literacy Day, September 8). Katha connects grassroots work in education, urban resurgence, and story to address social injustice and economic poverty in urban India.

StoryBank

StoryBank

CountryIndia
RegionSouth Asia

Programme Summary

The concept behind StoryBank is enabling textual and computer illiterate people to build a repository of audio-visual content via camera phones. The project, which took place between June 2006 and February 2008, was an exploration of the power of stories to engage, stimulate, and challenge.

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