Rang De Newsletter
February (Anniversary ) Edition

Read the newsletter on our website rangde.org
 
 
   
 
 
Ripple effect - By Beatrice Vanaja. Beatrice has been a great support to Rang De. she and her organisation have demonstrated high levels of commitment in this collaborative model of working.



Poverty is not created by the poor. It is created by the structures of society and the policies pursued by society. Change the structure as we are doing in Tamil Nadu, and you will see that the poor change their own lives. Affinity Association's experience demonstrates that, given the support of financial capital, however small, the poor are fully capable of improving their lives.

A couple of months ago, two friends of mine were speaking with a group of 10 clients of our MFI in the Gunaseelam village of my project area. Through the SHG leader, I asked these rural women what impact the Rang De loan had had, on the husbands of the non-borrowers; not their husbands, but the husbands of women who are not with the NGO. One woman said, "Before we took our loans, our husbands were day-labourers, working for others whenever they could find work. When we took our loans, our husbands stopped being day-labourers and worked with us – repairing grinders, cattle rearing, growing paddy on leased land. This caused a shortage of day-labourers in this area, so the husbands of the non-borrowers who were day-laborers-their wages went up." That was the impact of this loan on the husbands of the non-borrowers. Back
 
   
Memorable Milestones
 
Borrowers Impacted : 407
Social Investors : 175
Loan Disbursed : Rs 2711000
Total Repaid : Rs. 694074.91
Repayment Rate : 100%

Can we thank you enough?
  Special thanks to our board members, funders, field partners, technical and creative partners, our social investors, our friends and volunteers and a host of other people that help make Rang De what it is. Nothing would have been possible but for your unconditional support.

Making a Saturday evening worthwhile...
  For all our friends in Bangalore. Tune-in to Worldspace on Feb 28th at 0700 pm and find out more about Rang De.
Need a sneak peek?

What's in store for our next Birthday
 
More interaction between social investors through forums and blogs. Watch out for RangDe 2.0!
We spread our wings to reach out to the northern states of India
Now corporates too can make a difference through Rang De
More Educational loans coming up before the next academic year.
   
Write to us at info@rangde.org
Talk to us at +91 97909 67648
Visit us at www.rangde.org
       
 
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