The Mysterious Life

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MicroCredit/ MicroFianance

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Microfinance or Microcredit is term, which is a hope for poor people to live their lives again in much better manner. Mohamaand Yunus is the man of Microfinance , who started this in around 1970  as institution named Grameen Bank. Infact nowadays in many parts of the world , many people are entering in this field and starting their organisation and NGOs to serve poor people.
This is true , when a new process starts it takes time to give results and in case of Miscrofinance we can observe very good result. Poor people from villages are using this facilities and starting their small businesses to educate their children , to feed their families , to fulfill their basic need of daily life , in short people who had chose this , got a new direction to live their lives.
In India some states like  Gujarat and AndraPradesh are doign well in this field. In Gujarat , People of tribal region like “Chota Udepur” near Baroda are taking benefits out of this new process.
I want to mention about those people who operate these kind of oraganisation/ institutions. They really put their lives in this and doing something at grassroot level. I salute to those great souls.

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Written by nimeshgupta

June 1, 2008 at 7:43 am

Posted in Vichaar

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