Kiva Lending Team: Iftikhar and Friends, Friends of Change and Hope
We loan because...
In this day and age of population explosion, restricted/constrained wealth distribution, rapidly depleting resources and food reserve levels and inflation, people living in the rural areas are at the greatest risk of being marginalized with far reaching social consequences. With limited employment avenues and exposed to unscrupulous money lending practices (due to limited or no access to conventional banking) while being thoroughly exploited by the local powers, a large population in the rural area live life of despair. They go from one meal to the next, one crop to the next, one season to the next leading life under utter oppression with no opportunities of growth or hope for the future. From a macro economic and logistical perspective, it is critical that rural areas are able to support sustainable means of earning so that people don’t have to migrate to cities burdening an already overstretched infrastructure.
Coming from an agricultural background, Iftikhar has had exposure to such situations with people in the rural parts of India living life at the edge and hanging on what they can. One flood or one drought devastates the entire family and their direct dependents.
Iftikhar and friends will loan in the rural areas in India:
a. To support local entrepreneurial talent with the objective to support sustainable employment and earning avenues locally
b. In however small way, to bring a glimmer of hope for life and survival, reinstate self respect and dignity and enhance level of certainty for a better future.
We are group of committed individuals who have been successful professionally and take the subject of supporting the unsupported very seriously with a great sense of urgency. We believe that a change must come about sooner than later to secure a better future socially and economically for people in the rural areas in specific and main stream population in general.
Anyone and everyone is/are welcome to join my team so we can work together to a common cause.
Location: Rural India
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