Sankalp-Ujjivan-Financial-Literacy-Program.wmv

There were several underlying reasons for the crisis in the microfinance sector; however, over-borrowing by customers and over-lending by MFIs were at the base of the problem. This led to defaults on loans and some instances of coercive collection practices by some MFIs. The problem of over indebtedness of customers or over extension of credit by MFIs can only be resolved jointly by the customers and us (MFIs). That is why we introduced Diksha, a Financial Literacy Program on Debt Management.

The first part of the program is a 30-minute dramatized film (Sankalp – The Resolution) of two MFI customers who fall into the trap of excessive borrowing & ghost lending, and have to face the consequent dangers. This is to create awareness of the problem among millions of poor across the country and is available in 10 Indian languages. The film is made by talented filmmaker Girish Godbole. This is a 10-minute trailer. Contact Ujjivan, Lok Capital or Unitus if you need a DVD copy. Copyright belongs to respective owners. The entire video (with English subtitles) can also be viewed here: Part 1 – http://www.youtube.com/watch?v=tn2VZJXpln8, Part 2 – http://www.youtube.com/watch?v=7lJg7K2X_x4

Source

Download video – Download Video