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022 _a1465-6612
040 _aMSU
_bEnglish
_cMSU
_erda
100 1 _aMishra, Satya Mohan
_eauthor
245 1 0 _aBurgeoning womanhood at the pyramid's bottom - Bandhan's headway
_ccreated by Satya Mohan Mishra
264 _aSwitzerland
_bInderscience
_c2015
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aInternational Journal of Human Resources Development and Management
_vVolume 15, number 2/3/4,
520 _aWitnessing destitution may assist emergence of desire to eradicate the same. The founder of 'Bandhan - Togetherness', after experiencing the horrors of poverty, thus initiated it in 2001. With a start-up capital of a meagre Rs. 2 lakh raised through cooperation of relatives, the aim of 'Bandhan' was to provide loans to borrowers belonging to the bottom-of-pyramid. The attempt bloomed with passage of time and gained trust. Today, the organisation has 2,016 branches with Rs. 29,900 crores lent to 5.5 million customers so far. SIDBI and World Bank picked up 11% stakes each and paid Rs. 50 cr. and Rs. 130 cr. respectively. Bandhan helped women change their lives by offering small loans. The founder concentrates on women as he feels they spend wisely. Getting the status of a bank, though may appear like a boon for the time-being, an unforeseen future awaits 'Bandhan'. A maxim goes - 'Change is inevitable, progress is optional'.
650 4 _aMicrofinance
650 4 _aBandhan
650 4 _aBottom of pyramid
700 1 _aJha 'Bidyarthi', H.M.
700 1 _aDande, Mayur A.
700 1 _aKuchar, Pavan M.
856 _u10.1504/IJHRDM.2015.071161
942 _2lcc
_cJA
999 _c156396
_d156396