Help Indian Rickshaw-Pullers Become Self-Employed

 
$2,854
$97,146
Raised
Remaining

Summary

The project creates a sustainable livelihood for poor, rural migrants living in urban India, helping them become self-employed through Rickshaw Bank. To date, 360 pullers have attained credit this way

What is the issue, problem, or challenge?

There are 5 million rickshaw pullers in India. A random survey across the country reveals that 95% of rural migrants and unemployed men pull rickshaws to earn their bread on a daily-hire basis and continue that way throughout their lives. They are denied use of the post office or bank. Many who seek credit to purchase a new rickshaw become victims of high interest rates. Thus, the Rickshaw Bank acts as an alternative credit delivery system.

How will this project solve this problem?

Launch a program whereby the pullers come to own their own rickshaws, simply by paying the standard rent for 10 to 12 months.

Potential Long Term Impact

Apart from ownership of rickshaws, the project would provide social security and connect pullers with financial institutions. Holistic development of pullers' families--including health and children’s education-- would be facilitated.

Funding Information

This project has been retired and is no longer accepting donations.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

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Retired Project

This project is no longer accepting donations.

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Organization

Project Leader

Pradip kumar Sarmah

Executive Director
Guwahati, Assam India

Where is this project located?

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