Rajeev Kakar, Executive Director & CEO of Dunia Finance delivered a lecture on Microfinance and Inclusive Growth at the 2nd Pan IIM Alumni Gulf Summit held on the 30th October, 2010 in Dubai.
View Rajeev Kakar’s profile on Linked In
In the below video Mr Rajeev Kakar emphasises that inclusive growth is not just about companies or government policies but also about an individual’s need. He also comments on the Microfinance Crisis in Andhra Pradesh, India and explores the reasons behind the current debacle. He also comments on sustainable growth in micro finance and the road ahead.
Microfinance in India and it’s future growth
Part 1
Link to Video
Part 2
Link to Video
About Dunia Finance
Dunia Finance LLC or “dunia”, is a financial institution created out of a strategic partnership between Fullerton Financial Holdings Pte Ltd and Mubadala Development Company PJSC, Al Waha Capital PJSC (formerly known as Oasis International Leasing Company PJSC) and A.A.Al Moosa Enterprises LLC. The company offers diversified financial products and services in Dubai and surrounding regions.
About the 2nd Pan-IIM Alumni Gulf Summit
The 2nd Pan-IIM Alumni Gulf Summit brought together IIM alumni who are corporate leaders and entrepreneurs from a cross-section of industries and social sectors, to share their successful experiences and lessons. The theme, The New Global Economic Paradigm – Spotlight on India, sought to address the opportunities and critical challenges facing business leaders and managers in the rapidly evolving ‘new’ economic environment.
The event was attended by over 270 people including 142 alumni and was held in Dubai.
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The functioning of Microfinance system will be successful if only SHGs are linked with industrial activities promoted by voluntary organisation. Industrial development in villages with the participation of SHGs can only yield success in the venture of Microfinance. Simply providing finance to meet their day to day requirements will make them from poor to more poorer.
Entrepreneurship should be inculcated in the working of SHGs.
Dr.Mrs Suyshma Joiya
National ChairpersonIntegrated Congress of Women Entrepreneurs
63.Senapati Road, Silpukhuri, Guwahati Assam