In India, bank for beggars is run by its members

ga('send', 'event', 'Financial Services', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Non-profit, Social cause', 'article', 'article-industry-impression', {nonInteraction: true});

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…

Spotted another good idea???
Join our network and earn rewards

Add to my folders:

Select any pre-existing folders to add the current post to. Posts will be added to a 'default' folder if nothing is selected.

Create a new folder (Optional)

Separate with commas to add multiple folders. The current post is automatically added to any new folders you create (e.g. my new folder, my second folder).


Remove from my folders

Below is a list of folders where the current post appears in. Select the folder you wish to remove it from.