Category : e-Business & Enterprise (FINALIST)

Rang De

Rang De is a pioneering, web-based social initiative with a mission to provide cost effective microcredit to low income households in India. Through an online microlending platform called RangDe.Org, it enables individuals to participate in microcredit by lending as little as Rs. 100. The problem Rang De is trying to address is inaccessibility of affordable finance to low income households for business and education. About 80% of the working poor are still dependent on local money lenders for credit who compel them to borrow at exorbitant interest rates and remain indebted for life. Since January 2008, Rang De has reached out to over 4542 entrepreneurs across 10 states in India by lending over Rs. 23 million.

Original Title : Rang De

Producer : Rang De

Location : Chennai, Tamil Nadu, INDIA

Media Format : Broadband/online

Language : English

www : http://www.rangde.org

SourcePilani

With manpower cost and real estate prices in cities escalating at an exponential rate the profit margins for business process outsourcing firms are beginning to see a sharp decline. To save on capital expenditure and reduced operational costs, BPO players in India are now looking to begin operations in rural areas. Rural BPOs hold the promise of viable and cost effective outsourcing business and SourcePilani, founded in 2007, is one of the first enterprises to begin operations in a rural area. Located in Rajasthan, one of India’s poorest states, the unique business model leverages low cost stable talent and inexpensive infrastructure, to create employment, empower women and bring rural India into the mainstream economy.

Original Title : SourcePilani – Empowered Outsourcing

Producer : SourcePilani (Pilani BPO Pvt. Ltd.)

Location : Pilani, Rajasthan, INDIA

Media Format : Broadband/online

Language : None

www : www.sourcepilani.com