Time to run
This January I will be running the Dream Run at the Mumbai Marathon for Rang De, a cause I have been supporting for some time now.
Rang De is social initiative that supports rural entrepreneurs across India by providing them with low cost loans for their businesses. Typically they run eateries, cottage industries, vegetable shops and so on. Since otherwise, their only access to capital is the local moneylender, it is anyone's guess on how their life shapes up after that.
Rang De is an innovative attempt to break this cycle of poverty. Through the online portal, individuals can make social investments by lending small sums of money to entrepreneurs of their choice. I invite you to www.rangde.org to understand more about how it works.
For the past year i have been an active volunteer with RangDe and have been involved in various activities from fund raising, publicity to some field work interacting with borrowers and field partners. In this time I have personally seen the difference Rang De is making in the rural landscape and am now a firm supporter of the cause.
Here are two ways in which you can support my initiative
1 Become a social investor on rangde. Invest any amount starting from just Rs 100. Instructions here http://bit.ly/dXxGfa .
Understand rangde this way and understand how investing is so much more effective than charity. You receive the money you invest back in a year.
2 Raise a pledge as small or large as you please. Heres my online giving page http://bit.ly/fQ2ZxY.
Since this is a donation, the money will not be returned to you, but will be invested and reinvested over and over to fund needy entrepreneurs.
Here's a list of people who've support my initiative so far. Will keep this list updated.
Kavita Gaitonde
Anil Puliyeril
Uday Shenoy
Vilas Shelar
Makarand Pundalik
Rajarshi Chanda
Vrushali Kulkarni
Leena Patki Saha
Pushpa Gaitonde
Thanks a lot everybody for the great response.
Amount raised so far
Pledges worth Rs 17500
Social Investements worth Rs 17000.
(Some people have prefered to keep info about their investments private, so thats not counted)
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