Tuesday, February 20, 2007

Indian Tribal women running a bank

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'Women Power' is best represented here by Tribal women in Jharkhand state of India. These Tribal women just followed the adage that "Unity is strength" & they found a way to run a Bank. Yes, they are a small group of Santhali women who are running a small bank in Bengabad Block of Jharkhand state's Girdh District in India.

IFICCO (IRMA Finance Imitative Credit Co-operative), the bank was opened with the financial help of Institute of Rural Management, Anand (IRMA) after the resident tribal women in Karmjora Village here got annoyed with the ill-tempered bank employees in the Bengabad Block.

Most of these tribal women, who are basically housewives, have formed respective groups, pooled in their possible resources and deposited the amount as savings in the IFICCO bank, to transform their lifestyle through collective wisdom.

According to Pushpa Tirkey, Deputy Manager of IFICCO Bank, running a bank was never a child's play but after initial struggle and through collective efforts, they could overcome such hurdles. Read more.......Tribal women running a bank in Jharkhand

Picture Credit: static.flickr.com

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