Tuesday, May 29, 2007

GSBG successful

In February 2007, the GSBG completely repaid their loan to Ecselance International, 2 years ahead of schedule. GSBG's micro-enterprise model has been recognized as a role model by a nationalized bank, the Bank of Baroda and is being studied by several banks in Malaysia. 39 families each with at least 4 direct dependents and at least 6 indirect/partial dependents have benefited from the loans. GSBG will continue to work with the Bank of Baroda and a small cooperative bank. Congratulations to all those who helped make this possible.

1 Comments:

At 2:16 AM, Anonymous Anonymous said...

Vinod

There is not a day when I don't think about the village and what is achieved there.
I can't tell you how grateful I'm too you for introducing me to this project.
I feel so lucky to have be able to meet you and the villagers and share some of your time.
Please say a big hello to them from me and tell them how much I admire what they have achieved.

Valérie
PS: I miss the taste of Vishnu's milk

 

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