Bengaluru, Karnataka, India
poverty alleviation & economic development
Non-fast forward alum
The concept of Rang De was sown in the year 2006, the same year that Professor Muhammad Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize for "for their efforts to create economic and social development from below". The motivation for starting Rang De was the belief that philanthropic capital could be leveraged to lower the cost of microcredit for those who require it the most. Rangde.org went live on 26 January 2008 and in the last 11 years serviced close to 68,000 families, disbursing over INR 80 crores in social investments raised from a community of 14,000+ social investors.Inaccurate data? Flag it here.
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