small scale loans to alleviate poverty in india
TRANSCRIPT
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Small Scale Loans to Alleviate
Poverty in India
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In Brief About India
India is an Asian country where poverty has been a major issue. There are families
who cannot even afford the basic necessities of life. It is the introduction of small scale
loans which has gained an adequate control over poverty by improving the financial
conditions of families in india during the past few years.
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Noticeable Changes in India Through Small Scale Loans
Income Generation For Women:
Before the introduction of small
scale loan women could not even
think of generating some income
on their own and support their
family. Small scale loans made the
impossible possible and added a
countable change in the life of
people in India . With support from
small scale industry loans women
were able to start few income
generating activities to fight
against poverty. Income generated
helped these women to provide
their family members with basic
requirements of life like food and
shelter.
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Housing:
In India many families are not having shelter. Micro loans with esay installments
helped those families in India to improve the condition of their family by providing
shelter.
Noticeable Changes in India Through Small Scale Loans
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Food Availability:
There was a time when most of the families in India were unable to afford 3 meals a
day for their members. Children had to sleep many nights without having food.
Vodafone m pesa India transformed these horrible nights into good one's by creating
availability of sufficient food. Now most of the people can afford at least 3 complete
meals a day.
Noticeable Changes in India Through Small Scale Loans
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Electricity and water facility:
Now Mass of the people do not have to travel long distances and get water
from well. Almost every house has got electricity and water taps which
save a lot of time and energy. People are able to complete their household
work on time and spare some time for other income generating activities.
Noticeable Changes in India Through Small Scale Loans
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Medical facilities:
Earlier people use to avoid medical treatment when required, as they were
not able to afford it. Availability of small scale loans helps people in India to
avail medical treatment either at government or private hospitals depending
upon the requirement.
Noticeable changes in India through small scale loans
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Education for Children:
Zero interest micro loans helped Indian people in paying school fee and fulfilling
other basic requirements like books and clothes. Now children go to government or
private school to make a better future for family and the country.
Noticeable changes in India through small scale loans
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Contact Us
Presented By-
L-Pesa Micro Finance
www.l-pesa.com