Janalakshmi has its roots in an incubated initiative called Sanghamitra Urban Programme (SUP), housed in an outstanding microfinance institution called Sanghamitra Rural Financial Services (SRFS), set up by one of India’s most respected rural NGOs called Myrada (Mysore Resettlement and Development Agency). Our first group loan, in October 2000, marks what is possibly the earliest instance of urban microfinance in India. In 16 months we had loaned one crore rupees. All the while our small Read More »