Hope for millions in India

Hope for millions in India
Small Loans Made a Big Difference for Sangita 
A series of small loans helped Sangita achieve her dream of building a successful papad business.
Help us reach 6 million entrepreneurs like her by 2011.
Donate to ACCION today to break the cycle of poverty.
Dear James,
Together, we raised the profile of microfinance at the recent World Economic Forum (WEF).
Now it’s time to turn the momentum we built at the WEF towards achieving our goal: reaching 6 million people with microfinance by 2011.
Please make a secure, tax-deductible gift to help millions of people lift themselves out of poverty.
For many poor people, opportunity remains just out of reach. But ACCION can close that gap to put the power in their hands.
Take Sangita Achrekar, a mother of three in the Kherwadi district of Mumbai, India. Sangita’s goal was to earn a successful living making papads, or papadams, a crunchy, lentil-based staple of Indian diets. Like so many people in her position, she didn’t lack drive or know-how – she lacked access to capital.
Then ACCION partner Swadhaar FinServe stepped in with small loans that changed Sangita’s life. When we visited her, she was on her third loan with Swadhaar – for a mere $143, with which she was able to buy her raw materials in bulk – resulting in lower costs, fewer trips to her supplier and increased production. Today, Sangita makes a steady income selling her papads to Lijiat Papad, a national company run entirely by women – specifically created to empower Indian women – with annual revenues of some $80 million.
We’re taking big steps to reach many more Indians like Sangita.
In 2008, ACCION deepened its commitment to empowering India’s poor through an investment in partner Swadhaar. Swadhaar is using the capital to substantially grow its microfinance services to other poor entrepreneurs and aims to serve over 300,000 people over the next 5 years.
Later this year, ACCION is planning to launch a new joint venture with YES BANK to build on our current operation with YES. ACCION staff will be on the ground, providing small loans and expanded financial services to some of the more than 300 million Indians currently living in poverty.
Over the next five years, our plan is to add additional partners and scale up rapidly through new product and service innovations in both urban and rural areas. These regions include Bihar – India’s poorest state. We’ll also be introducing a new training program for microentrepreneurs, one that has been a proven success in Latin America and works equally well for the literate and non-literate.
But these plans rest on the strength of your commitment. Your support will allow more people, in India and countries around the world, to grow their businesses and support their families.
Please help us break the cycle of poverty in India and beyond – click here to make a secure, tax-deductible donation.Your gift will help fund loans for people like Sangita.
We know microfinance works. We just need to spread its benefits to more places, to more people.
Thank you again for your support.
Sincerely,
María Otero
President and CEO
ACCION International
 
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Also, thanx for signing my petitions, et al, please consider sharing them. Also, since Admin. of change.org aren't allowing me to invite people to do my actions lately and are switching my urls for my petitions so when I invite people off their site they can't get to the petition either (ergo 3 possible urls for each petition), here's a few of my latest actions; do as few or as many as you'd like (there are 3 linx for each petition because admin. switches between the 3 of them so people trying to sign the petition can‘t get to it): This post on Disabled Greens News and discussion: Haiti disaster anniversary, please, do what you can: http://groups.yahoo.com/group/DisabledGreensNews/message/9033 This petition on change.org: Haiti disaster anniversary: http://www.change.org/petitions/view/haiti_disaster_anniversary_2?share_id=yIpWHEHxri&pe=pce http://uspoverty.change.org/petitions/view/haiti_disaster_anniversary_2 http://www.change.org/petitions/view/haiti_disaster_anniversary_2   This post on Disabled Greens News and discussion: Green, Indigenous, Native American, etc., actions: http://groups.yahoo.com/group/DisabledGreensNews/message/9026 This petition on change.org: Green, Indigenous, Native American, acts: http://www.change.org/petitions/view/green_indigenous_native_american_acts?share_id=NHvTtQadfP&pe=pce http://uspoverty.change.org/petitions/view/green_indigenous,_native_american_acts http://www.change.org/petitions/view/green_indigenous,_native_american_acts   This post on Disabled Greens News and discussion: Art/Act: celebrate Dr. Martin Luther King, Jr.'s birthday, holiday: http://groups.yahoo.com/group/DisabledGreensNews/message/9024 This petition on change.org: Art/Act: celebrate Dr. M.L. King, Jr.'s holiday: http://www.change.org/petitions/view/artact_celebrate_dr_ml_king_jrs_holiday?share_id=QjOkAUGeBQ&pe=pce http://uspoverty.change.org/petitions/view/art_act_celebrate_dr_ml_king_jr_s_holiday http://www.change.org/petitions/view/art_act_celebrate_dr_ml_king_jr_s_holiday   This post on Disabled Greens News and discussion: Green; NA; the evolution; Civil, Human, LP, Prisoner's Rights; Poverty; etc..: http://groups.yahoo.com/group/DisabledGreensNews/message/9022 This petition on change.org: Economically empower through advocacy: http://www.change.org/petitions/view/economically_empower_through_advocacy?share_id=WZNqBQWcXE&pe=pce http://uspoverty.change.org/petitions/view/economically_empower_through_advocacy http://www.change.org/petitions/view/economically_empower_throug
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