In India, bank for beggars is run by its members
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In the city of Gaya in India, a group of beggars, encouraged by officials from the State Society for Ultra Poor and Social Welfare, have set up an autonomous bank, which they run and manage themselves — enabling members to start saving, and providing them with a place to turn in times of financial crisis. The bank — known as Mangala Bank — is a small step towards upliftment for some of the most underprivileged members of society. Since the beggars don't have appropriate proof of identification, they would not be able to create an account at other banks, meaning…
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