Sahulat : To make microfinance network in India

New Delhi/Patna 29 Sep

Sahulat Microfinance Society is seriously working on using microfinance as a tool to alleviate poverty. Launched earlier this year by the Delhi-based Human Welfare Foundation, the Society is building a network of microfinance system throughout the country. Part of campaign to spread awareness about microfinance and to collect ideas on how it can be used as poverty alleviation tool, the Society held a daylong program at Bihar Chamber of Commerce here in Patna on September 27. K.A. Siddique Hasan, President, Sahulat Microfinance Society, introduced the Society to the audience. He said Sahulat is a national organization which is an important wing of Human Welfare Foundation, which is working on the program of Microfinance in all the corners of India. “This Programme’s chief motive is to link the tool of microfinance with the serious poverty alleviation efforts in India, and to consolidate and document the ideas related to spreading Microfinance in India,” said Hasan.
Noted scholars and professionals from financial, educational, social and banking fields were present at the meet. People suggested on how to make microfinance banking system more effective that will help us to bridge the gap between the deprived section of the society and mainstream.Arshad Ajmal, Vice President, Sahulat Microfinance Society, greeted the audience and expressed thanks for their kind presence at the meet.