Manna for the masses – The demand for small loans from the country’s urban and rural poor is estimated at Rs 45,000 crore.
Why then hasn’t micro-financing taken off?
Ms Nilekani has funded, Sanghamitra, which is a micro-financial institution that’s targeted at the urban poor. If you’re still wondering what such an institution does, well it’s actually pretty simple; It offers loans to the poor at decent rates.
You may also want to read
Article
ET | Conquer Mt Self Learning
When we look back at the 2020s, will we be able to conclude that this was the decade in which India completed its long journey to ensure universal foundational literacy[...]
Podcast
Rohini Nilekani on why India’s wealthy need to do more to boost civil society
At a time when the government and the marketplace have assumed enormous power over our lives and choices, Rohini Nilekani argues that now is the time for civil societies to[...]
Article
Rohini Nilekani is Changing Philanthropy
Of India’s many prominent business couples, few can match the Nilekanis in their uniqueness. Nandan Nilekani is now a business legend, for his role in building Infosys (with N R[...]