Saturday, June 2, 2007

Housing Loans Disbursed!

This Friday, June 1st, we disbursed our first housing loans! We disbursed 4 loans - 2 House Improvement Loans and 2 Lease Amount Loans - totalling Rs. 96,000. We are now officially the first Indian MFI to offer rental and lease loans, and one of the few to offer house improvement loans in urban areas. Check out some pictures from the disbursement and launch celebration!
Click here to read more about the launch.

News article from India's Economic Times, 6 June 2007

Anjali disbursing a House Improvement Loan to customer Mahalakshmi

Anjali disbursing a House Improvement Loan to customer Padma

Now we just need a few thousand more loans!

A.B.

2 comments:

Eva said...

cool! congratulations to helping people's dreams come true.

Grace said...

Hooray! Fantastic work on helping to make peoples' lives all the better!