Friday, October 27, 2006

Prostitutes Bank Plans Expansion

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India is unique in many ways. It is world's biggest democracy & in this big country with 1.1 billion people there is a bank which solely operates for Prostitutes of Calcutta City. It was started 12 years ago & is so successful now that it plans now to have 12 branches in the state of West Bengal - India.

Bank's name is Usha Multipurpose Co-operative Society & is doing good business. Opening procedures for accounts for Prostitutes in this bank are very easy which are otherwise cumbersome in all other banks in Calcutta city for such group. Bank plans to increase its membership to 20,000. It is giving loans to Prostitutes for building their own homes & educating their children.

Indeed this bank is doing welfare to this group in society. Kudos to the bank.

Picture & News Source : news.bbc.co.uk

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