CowFunder Michael Murray visits Grameen Kootha in India
In January 2007, CowFund Mike Murray had the opportunity to visit one of CowFund’s supported programs in India, Grameen Koota. Based on the Grameen model, it is now run separately to Grameen and Koota means ‘gathering’. The organisation is based on the outskirts of Bangalore and has about 44 branches throught the state of Karnataka.
Mike Murray writes:
‘I visited two of their branches, one in a rural area and one in an urban area. They were quite different in terms of the uses the loans were put to, obviously more livestock based in the rural area whereas the urban dwellers used the monies for sewing machines and other small business enterprises…