Accelerators…

Small change…
Big impact (BRLPS-BIA)

Presented To: Presented by:

Mr. Manoj Prabhakar Kumari Prabha (PDM 05021)
Ravi Ranjan (PDM 05039)
Snigdha Priya (PDM 05049)
Rang De
 Started in – Jan 2008
 Bangalore-based not-for-profit organisation (NGO)
 Started by Smita Ramakrishna and her husband Ramakrishna
NK
 Main motive – Provide microcredit to the ultra poor
communities at low interest rates
 Expanding its reach to the unprivileged households
 Focus areas – Bihar, Jharkhand, WB, Orissa & Manipur and
the backward areas of MP, Maharashtra & Kerala
Innovation
 Rang De generates capital from crowdsourcing
 Crowdsourcing helps Rang De to keep its interest rate low and
affordable
 Runs unique fund raising model
 As per its model, lenders can choose a borrower - be it a farmer, a
tailor, or a student - and contribute to his or her needs - in part or full
- in multiples of Rs 100.
 The borrower then pays back the amount within a fixed time with the
interest rate
 It provides integrity, transparency and social audits to attract the
investors
Cont..
 No money is required to be deposited by the borrower prior to the
lending by a donor.
 Rang De doesn’t guarantee either the principal or the return but
facilitates collection of payment from impact partners
 The name Rang De for such microcredit function in itself is unique.
 It uses celebrity voices for its promotion among the donors.
 Sharing impact stories on its website.
 Connects the lender with the borrower directly.
 Complete profile of the borrowers are provided on the website.
 Innovation in terms of not only technology but implementation also.
https://www.youtube.com/watch?v=XQo_M7WHITc
Impact
 Able to provide loan at low interest rates, i.e. 9-18%
 Provides low-cost loans for the poorest communities which is as low
as Rs. 1000
 Changed the life of about 5000 households
 Every marginalised section of society is able to get access to the
loan
 Penetrated the areas where very less financial services were
available
 Repayment rate is 93%
https://www.youtube.com/watch?v=AsVjYj7Rk6c
• .

Innovation- Manual Elevator

 Materials required-
1. Belt 22ft’ or according
to requirement
2. Iron rod/ pipe 45ft’
3. Baring- 3 pc.
4. Bucket – as per
requirement
5. Nut and bolt
Manual Elevator
• .

USES
 For raising grain to an
upper roof
 To uplift water
 To clean well
 To uplift soil during digging
 Etc.
• .

Scope and impact

 Reduce labour cost
 Easy to make and operate
 Increase profit of farmer
 Negotiation power
 Replicable
 Time saving
 Portable