OLLI: Micro-loans in Bengal
OLLI: Micro-loans in Bengal
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This is a program sponsored by Osher Lifelong Learning Institute at Indiana State University.
With Prodip Dutta, ISU Professor Emeritus and Dr. Sisir Dhar, retired doctor
Cost: Free
Dr. Prodip Dutta and Dr. Sisir Dhar have started a program in West Bengal, India, which makes micro-loans to village women, so they can become entrepreneurs. In the past seven years 2500 village families have been lifted off the bottom rung of the poverty ladder as the result of these loans. The program, administered by monks of the Ramakrishna Mission and Bharat Sevashram Sangha, have a 99 percent repayment rate on the loans.
Come learn about this amazing program and about the village women who are willing to take steps, via micro-loans, to determine their own destiny. Dr. Dutta and Dr. Dhar will be joined in this presentation by Dorothy Drummond, who accompanied them on an eight-day inspection tour in Bengal early this year.