Chetan Hans remembers people migrating to work in the brick kilns when he was eight-year-old kid. Chetan is a resident of Dabri, a village in Odisha’s Nuapada district. When he was a child, Chetan says, the migration to the kilns was barely a trickle, a handful of people who ventured outside the village looking […]
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Smita Ram, the managing trustee and co-founder of Rang De, addresses the first borrowers enrolled under Swabhimaan at Yeshwantpura village in Kolar district, Karnataka. The Women’s Day celebration on 8th March 2018 was special for us here at Rang De, as we spent it with our borrowers in Yeshwantpura village in the Kolar district of […]
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A woman stands in her family farm in a village in Ajmer district, in the North Indian state of Rajasthan. Rang De has been providing low-cost livelihood loans to communities in the region over the past two years. PC: Ahinsa The husband chose to answer all the questions we put to his wife, and he wasn’t […]
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Under PSL, agriculture accounts for 18% of all loans made whereas advances to weaker sections of society account for 10% and micro, small and medium Enterprises (MSMEs) account for 7.5% of all loans Did you know about Priority Sector Lending (PSL)? 40% of all loans given out by banks are set aside for the priority sector […]
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A trip to the bank used the take up the better part of the day before a a branch set up services in the village When we heard about Chandagalu, a village situated some 100 kms from Bangalore in neighbouring Mandya district that had successfully gone digital with the help of a local bank, we were […]
Read MoreBy Smita Ram, Rang De Team Goat rearing and Vegetable vending are perhaps two of the most often quoted examples on how the poor earn huge returns. It is always said that a poor vegetable vendor can earn upto 20% return on their investment everyday. Similar percentages are quoted for goat rearing. Isn’t it time […]
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