N_ Chowdhury - Innov.. - Global Microcredit Summit 2011

Exclusivity of the project• Based on mutual trust and human relation instead ofcollateral and legal instruments• Based on potential of a person instead of materialpossessions of a person• Maximization of welfare is the priority rather thanmaximization of profit• We go to the door steps of excluded poor instead oftheir coming to us• We create entrepreneur rather than look for anentrepreneur• We provide Need based social services rather thanmerely finance• Tailor-made “group mechanism” is the panacea forvalue creation and strengthening social and financialinclusion