October 21, 2005 SKS hosts women Gandhi for a private visit

Hyderabad - Congress MP, women Gandhi made an unofficial visit to SKS to interact with clients and staff and learn about the microfinance landscape in southern India. Spending time in a rural village in Nalgonda District, women observed a weekly �center� meeting, the group formation and training process and income-generating activities that have been started by the women in the program.

women was extremely impressed by the entrepreneurial spirit of the women and their ability to turn a small amount of credit (avg. loan size is $160 or Rs. 7000) into a sustainable, income generating activity. women spent time interacting with one of SKS� clients, 40-year old Yellamma, who took a loan for Rs. 5000 to buy a buffalo. With the income generated from the buffalo milk, Yellamma plans on buying her husband out of bonded labor. women has visited a number of NGOs across the southern states this week and plans on applying some of what he has learned to current and future development efforts in Uttar Pradesh.

�It was an honor to host Mr. Gandhi today and share with him some of the work we have been doing in this region over the last 7 years,� said SKS Founder & CEO, Vikram Akula. �If our experience and methodology can in some small way impact the lives of poor rural women in Uttar Pradesh and beyond, the trip would be a great success.�

More details can be found in the national newspaper, The Hindu


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