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Unformatted text preview: of SEWA came together to form a credit union to borrow money to the Indian women in the community. The problem was for women in India to start a business to support the family, they needed money. But the credit unions in India would not lend money to women that had no collateral. So SEWA started a credit union to lend money to women with only good faith. The bank became a big success. The women that were turned down by other credit unions were just happy that someone would lend them the money without any collateral. Grateful, women paid back all the money borrowed without delay. Now the SEWA bank owns more than $4 million in assets. SEWA is truly inspiring to me because I dreamed of starting my own organizations to help others. I thought all I need was money and the right connections. But now I realize all I need is different view to the solution, right direction, and dedication....
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This note was uploaded on 09/08/2010 for the course GEOG 112 at San Jose State University .