Showing posts with label interest free. Show all posts
Showing posts with label interest free. Show all posts

Monday, 17 November 2014

Loan Distribution in Delhi


“There is no tool for development more effective than empowerment”. Empowerment enables the people of our community to increase control over their lives and shape their life for better. The most distressing feature of our social system is that we have at present, great disparities in incomes and lifestyles. On one hand we have millionaires and billionaires. On the other hand, we have teeming millions who cannot make both ends meet and a weak economic condition.

The people from the rural areas are moving to urban areas with the expectations that they can find their sustenance. But, their anticipation and reality are not same.

Understanding the problems faced by the destitute people Rehab India Foundation is providing them Interest free loan. “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime” is a famous Chinese proverb with which the significance of self-employment and self empowerment can well be perceived.

On 29.10.2014, Loan Distribution ceremony was held by Rehab India Foundation, in the Head Office Rehab situated in Delhi, organized by Mr. Nur Alam, Field Officer. Mr. Rasheed Akhwan (SDPI National Committee Member) and Mr. Ansaar (Delhi State President, Popular Front) were invited as Chief Guest. A total amount of Rs. 65,000/- was disbursed among 6 beneficiaries. A beneficiary was given a Cycle Rickshaw.






Mr. Syed Anwar (MCJ COORDINATOR, RIF), Mr. Rahoof (Finance Manager, RIF) Mr. Md Azam Tahir (Account Assistant, RIF) Mr Jiaul and Mr Kamal uddin were present during the ceremony.

Previously, they were not able to cope up with the world. As they are illiterates they were not able to find occupation which can enable them to earn enough for themselves and for their families; they were not able to end the hunger of their children. They were leading a marginal and miserable life. They were economically weak. With this aid, we tackled the root cause of poverty so that they will be able to support themselves and their families.



Our country can hold head up high only when there is full employment and good standard of living. Rehab India Foundation is working towards strengthening the livelihoods of poor and marginal groups and developing a sustainable environment by empowering them.



These interest free loans are given to the deserving people of underprivileged society. Instead of worrying about getting a job and low salary, with this they are able to support themselves and their families.

We single out the most deserving people and help them to start up their own business with which they can earn a living through their own labor and small business. They can be self reliant and can support their family economically. They organize to build their own strength and meet challenges.

We work to bring changes in the lives of underprivileged people. These initiatives of the Rehab India Foundation go a long way in enhancing the lives of people in rural areas. We, the team of Rehab India Foundation, stand to achieve our goal of promoting development and sustainable livelihoods empowering people throughout the backward and rural region to reach out and improve their standard of living with our best possible services and support.