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Centre for Bharatiya Management Development

Inactive Partner

Location : Maharashtra

Founded in : 01-04-2008

Founder : Mr. Muralidhar Rao

About CBMD

Centre for Bharatiya Management Development (CBMD) is a section 25 company registered under companies' act 1956. With an aim to empower the nation by empowering the poor it launched its microfinance programme on 1st November 2006. Their vision is to reach 1 million poor families by 2016. The organisation’s mission is to support underserved communities by providing access to financial services and livelihood development activities.

Geographically, Nagpur is in the center of India. Even though it is quite well connected by rail and road and is known for its landmarks, like many other parts of India, there is severe backwardness in a few areas. CBMD works in the semi urban areas across the city and reaches out to women in slums.

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Borrower Image
Sima has used the loan to expand her businesses by buying fabric in bulk. She stitches saree petticoats and the success she has met with has been a great encouragement. She is hoping to take a bigger loan soon and expand even further. She is happy with the way life has changed with a small loan.

Evaluated By : Shantaram

Borrower Image
Sushama knows that the loan has helped to increase their income, but is not able to give exact figures as her husband runs the finances. The loan was used to buy a sewing machine, enabling them to increase their productivity and consequently their earnings too. Sushama’s husband and her mother-in-law, all pitch in to make the business successful.

Evaluated By : Shantaram

Partnership Summary

Total No. of Loans 500
Total amount disbursed Rs.2,795,000
Expected repayment so far Rs.0
Amount repaid Rs.2,795,000
Amount delayed Rs.0
Amount defaulted Rs.0

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