From
the desk of Founder & Mentor
Hello friends,
Thank you for logging on to our website and for your interest to know about us.
We welcome you to our very special development space!
While delivering microfinance services, we have realized that it doesn’t stand
alone, the various developmental activities stand as pillars of support. The
implementation of both becomes easier if they complement one another. It is
akin to a two way street – both are interlinked and interdependent to some
extent. Putting together microfinance work with developmental activities such
as education, health, employment generation, livelihood and the like can prove
to be a successful model. Therefore all microfinance players ought to adopt the
credit plus approach which will integrate timely and adequate credit into
larger developmental processes.
Providing only credit for sure helps an organization achieve financial and
operational sustainability and be profitable much faster compared to credit
plus institutions. The former helps to reduce ‘relative poverty’ and increase
income in ‘absolute terms’ where as the latter contributes towards easing out
‘extreme poverty’ and increasing income in ‘relative terms’.
I am happy to share that our activities under this development wing are running
well and in fact now are in the mode of expansion. We are working in crucial
areas of education, health, unemployment, livelihood and others. We have taken
two of our initiatives viz. economical standard program and health program
beyond the boundaries of West Bengal - to the underdeveloped areas. We are to inaugurate
another healthcare program which will develop women in their physical strengthen.
I wish to take the opportunity to thank our donors for supporting our
endeavors. We express our heartfelt gratitude to each one of them. Since we
plan to expand our development work, we are on the look for more donor support,
though the strategy of contributing a portion of the surplus from microfinance
activities for the development programs still remains in place.
Let us remember that Microfinance is not just money. There is an ardent need
for repackaging microfinance. Let us together make honest and sincere attempts
towards credit plus intervention which will facilitate broad based development
and help complete the picture.
Happy reading!
Cheers,
Anmol Roychowdhury
Founder & Mentor
Email id: