Rickshaw bank for self employment of poor
The center for rural development has made its contribution to save the environment by introducing the rickshaw bank. It will help the rickshaw pullers to take loan for acquiring a rickshaw for themselves. There are almost 8 million rickshaws in the India. Rickshaw is a cheap and carbon-fee from of transport. The center for rural development has introduced this program to initiate loan scheme to assist the rickshaw pullers.
This program is designed to help the poor and marginalized community. It also encourages the nature of self employment among the poor. The main idea behind the rickshaw bank program is to issue an asset-based loan to rickshaw pullers for which installments are repayable on a daily repayment plan with one year duration. This program will contribute to two things together; one is saving the environment from pollution and carbon and second is giving a self employment to poor people.



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