Annapurna Pariwar: Microfinance Model – From No Assets to Creation of Assets
Dr. Medha Purao Samant, founder of Annapurna Pariwar had left her job in Bank of India in 1993 to give collateral-free loans to the vegetable vendors who were being exploited by the money lenders by giving them loans for their working capital at exorbitant rates of interest.An experiment giving collateral-free loans to 9 vegetable vendors […]