Rickshaw Bank

Founder: Dr. Pradeep Sarmah and CRD (anNGO)
Founder Dr Pradeep Sharma and CRD
How idea born?
1. DR. Sarmah travelled in a man rickshaw,
2. He chat and found they do not own it
3. No financial security
Did it find an issue?
1. Yes
  1. Social problem address
    1. Economic empowerment
    2. Better rickshaw
    3. How it addressed the problem
      1. Micro leasing
      2. Insurance to the passenger, rickshaw puller
What does it do
1. Rickshaw Bank provides a means of self-employment to the poor and the marginalized rickshaw community by offering a “rent-to-own” financing option for rickshaws
What social innovation it did?
1. Micro leasing
2. Expanded category
3. Redesigned constantly with IIT
4. Momo, school, garbage, solar, fish, vegetable carts
Business model
1. Not for profit
2. Hybrid
3. For profit
4. Sustainable development
Sustainability
1. Target population: 8Million rickshaw puller
2. Offering add on services
3. Challenges
  1. Threat from competitors
  2. Government regulations
  3. Payment default

Resource summary

	Created by Govind Sharma0886 about 9 years ago