NexusLaureate Feature: Rickshaw BankFriday, Mar. 9, 2012
Who: Pradip Kumar Sarmah, Founder & Executive Director What: Rickshaw Bank Project: www.crdev.org/rb.html Where: India When: The Tech Awards 2011 Flextronics Economic Development Award Laureate: www.thetechawards.thetech.org/ How: Rickshaw Bank provides a means of self=employment to the poor and the marginalized rickshaw community by offering a “rent-to-own” financing option for rickshaw pullers to purchase an innovative new rickshaw. 95% of rickshaw pullers hire their rickshaw on daily rental basis so much of their earned income is taken up with the next day’s rental fees.
More information |
Posted by Erin Berkenmeier
Tags: Photo of the Week, The Tech Awards |
|
|



