US Treasury Undersecretary visit to
Mobile B-School of Mann Deshi (02 March, 2011)
Dear Mann Deshi Friends and Supporters,
Chetna Sinha, Founder of Mann Deshi Foundation and Mann Deshi Cooperative Bank, is pleased and honored to have official program for the visit by U.S. Treasury under Secretary to Mann Deshi Bank and Mann Deshi Foundation.
Under Secretary Lael Brainard in her visit address the press that “when Chetna Sinha had met US president Mr. Barack Obama during his Mumbai visit at Hotel Trident and she managed to explain the principles of Mann Deshi Bank to him. Soon after that US President Office began to display interest in the innovative remote doorstep banking model”. The US undersecretary was in Satara on 2nd March, 2011 as a follow-up to the visit of US president Mr. Barack Obama.
The objective for this visit was to learn more about the innovative work Mann Deshi is spearheading in rural India, including the door step service with e-card technology through rural banks.
In her visit agenda for the day also included business school visit of Mann Deshi. Mann Deshi Foundation with the support of Funds provided by Global Giving, Washington D.C., USA arranged a function on 02-03-2011 at Ramnagar Satara where computer literacy, financial literacy and fashion designing course are going on through business school. Ms. Lael visited mobile business school and interact with the beneficiaries of business school. She said, “Mann Deshi’s projects like bicycle program, Mobile Business School, E-card technology and financial literacy are the role models.”
Ms. Brainard believed the US wants to take financial services to the poor and would like to learn from innovative efforts in India. US officials has impressed with innovative method of financial literacy. They expressed that this will help build a deeper relationship between India and US. Financial inclusion will get a boost, educational and financial opportunity will increase. More and more entrepreneurs will enter new businesses. This is a learning opportunity for us as well. We face the same problems of financial literacy, so there is a lot to learn.” Ms. Lael distributed US financial literacy module CD’s to Mann Deshi women.
The function was held at Ramnagar, Satara. The function was attended by more than 800 persons of the area. Heartfull of thanks to those who supported Mann Deshi Foundation’s cause by providing financial support to make the dream of these women comes true..
Mann Deshi appreciates our donors support.
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