Rang De Newsletter
March 2011
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Although a major part of the month was dominated by the World cup Fever, a couple of field trips and an event with guest speaker Bob Harris was also part of the routine work. Ram also attended Innoventure - the Annual fest of BHU and interviewed students for internships this summer. For a pictorial round-up, visit our facebook page


Featured Borrower
Sulochana Malik from Orissa sells toys made from coir. Sought after by tourists and visitors, these eco-friendly toys are the result of her imagination and hard work. She sells the toys in the local market - sometimes to shops and at times directly to the customers.
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The World With Microfinance
Rang De organised An Evening with Mr.Bob Harris at Chennai which was well attended, and Mr.Bob Harris shared his experiences as a traveller and writer.

He is currently working on a book on microfinance for Bloomsbury and his insights helped to refresh our outlook.
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Temperatures Soar With World Cup Fever
What a win for team India. With an entire nation bringing their lives to a near standstill for an evening and rooting for them, they did us proud.

The Rang De World Cup Fever campaign has also been one of the most successful ones and pledges poured in - some with complicated mathematic equations and others just plain and simple amounts for India's victory.
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An Eco-Friendly Enterprise
By Diksha Belwal, Rang De Team
I visited our field partner SSVWS from West Bengal and had the opportunity to interact with 20 of our borrowers. This being one of my many such trips to evaluate borrowers across the country, I knew what was in store, the kind of businesses that most of them had, and just wondered if the trip would throw up any surprises.
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Milestones
 
Borrowers Impacted : 7,529
Social Investors : 2,563
Investments Raised : Rs. 3,92,10,400
Investments Repaid : Rs. 2,23,43,119
Outstanding Portfolio : Rs. 1,69,82,596
Repayment Rate : 97.89%

Chapter Chatter
  Delhi
Leadership at the Rang De Delhi Chapter has changed hands and Rajat Chopra is the new President. He takes over from Gurinder who will continue to be an advisor to the group.

US
A new campaign titled Collection of Heroes has been launched by the US chapter and it aims to reintroduce our heroes from Indian history. It creates an awareness of their role in shaping our countryand urges the new generation to continue their good work in the modern era by providing fellow Indians, opportunities to grow through Rang De. For more details visit our facebook page


Blog Pick
  Two of our blogposts this month worth a second read are Getting Together! by Aishwarya Mishra to help you relive the world cup fever and Bare Beginnings by Aniruddha Ghosal who gives you a layman's statistics on microfinance and what it means to him.

Your Opinion Counts
  As with all our other processes we would like to make the newsletter more interesting and interactive too. We would love to know what you would like to see in it. Do let us know at info@rangde.org and if you are interested in writing for the newsletter you can send in your write up as well.

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