IDEAS home Printed from https://ideas.repec.org/a/ids/ijhrdm/v15y2015i2-3-4p210-220.html
   My bibliography  Save this article

Burgeoning womanhood at the pyramid's bottom - Bandhan's headway

Author

Listed:
  • Satya Mohan Mishra
  • H.M. Jha 'Bidyarthi'
  • Mayur A. Dande
  • Pavan M. Kuchar

Abstract

Witnessing 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'.

Suggested Citation

  • Satya Mohan Mishra & H.M. Jha 'Bidyarthi' & Mayur A. Dande & Pavan M. Kuchar, 2015. "Burgeoning womanhood at the pyramid's bottom - Bandhan's headway," International Journal of Human Resources Development and Management, Inderscience Enterprises Ltd, vol. 15(2/3/4), pages 210-220.
    • Handle: RePEc:ids:ijhrdm:v:15:y:2015:i:2/3/4:p:210-220
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=71161
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijhrdm:v:15:y:2015:i:2/3/4:p:210-220. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=15 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.