Microfinance - The only way to inclusive growth

It is not a sudden finding. It has been in the back of most people. It does not find proper articulation because we are too greedy to part with even a small portion of our profits to let the deprived population emerge. As we all know, the majority of Indian population is lower middle class to poor people. Of late, a sizeable portion of the Indian community has become middle-class and upper middle-class. But if India, needs to realize its potential, it doesn't just lie in the middle-class but in trying to bring up the lower levels. Even the world is looking at the second largest nation in terms of population to realize this and emerge more powerful.

Just imagine the huge opportunities that lie ahead if this huge population turns a consumer to the products and services that are produced... It's unimaginable!!!!!!!!!

I am working on this paper on microfinance and as I was going through the reports of the last three years it felt so depressing to find that about half of the Indian population that live in rural India do not have access to any sort of credit. Of those, who have access to credit, a majority do not know how to use the credit available. There is lack of consultancy services or business development that could help the rural population.

There has been a slight spark because at many places where innovative and socially active business people have taken steps that has led to the formation of co-operatives like GCMMF, e-Choupal, etc. However, in most other places, people are deprived of any such help.

Microfinancing along with proper business model developments and consultancy can however help this deprived population and help India march forward.

The big question is: When you are in a position to join and help will you be willing to help this initiative of rural development become a movement in inclusive growth???

When You Look Back!!!!!!!!!!

I have been pondering a lot these few days thats why I am writing down this particular post. It is so strange that when you look back you always regret because you realize that you never gave life a fair chance. Well, this is how I feel. It is cool to be carefree but at the end when all cares come crashing down there are no tougher roofs to shield your hurt. You get slapped right across your face and you can't do anything at all because you realize that you were wrong and it is a fair punishment.

Sadly though, I have found that we have become so callous that even this mighty jerk is insufficient at times to wake us up from the dream that appears so pleasant.

I sat for quite some time this last Saturday, thinking of all the ways that I have let go things so easily when I should have given them a fair chance. Believe me, it is incredible. I mean, sitting back and giving life a thought not because you want to cry but because you get a chance to wake up and start afresh.

Well, my placements are near and though I am not that bad, I was feeling terribly scared because I realized that I can give more of myself than I have given. It is like the utilization is pretty low. And with it I realized how many time, we let go the chances to make our people proud of us; how many times we neglect our talents just because we either do not want to share them or we are scared that it's not a talent at all.

And it is sad because we are all unique with so much to give to others that can make a huge difference to a lot of people and this world.

All I want to say here is its high time that we have been lost in the world and it is time now to know who you are.

So take some time out and think about yourself and your life than thinking about the latest release or the upcoming party and watch the difference that unfurls...

Life is beautiful and so you ought to be yourself and Speak your heart....