After miserable attempts of the Govt. to manage the estate of 800 ponds by cultivating fish, they turned it over to Dr. Yunus. Joysagor is located in North Bengal. It is the headquaters of one of Grameen's thriving sister for-profit organizations called the Fisheries and Livestock Project.
This peaceful estate is one of the many examples of creative "tweaking" of the Grameen micro-credit model to incorporate borrowing of money to cultivate seafood and paying back in fish if needed.
Grameen also does an excellent job of connecting the borrowers to customers. E.g. they collect 2000 liters of milk everyday from the livestock of the borrowers. Its is mainly sold to Milk Vita which is one of the leading ice cream producers of the country.
No comments:
Post a Comment