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A Story - Funding for local heroes

Bangalore-based Be! Fund lends to people in slums and villages, and low-income families -- typically those who can't get assistance from banks -When 37 year old Archana Hegde realised that her husband's income would not be enough to send their nine-year-old daughter to school, she decided to take bold steps. She had an idea about what she wanted to do, all she needed was the capital to give shape to her dream. Hegde visited a factory 10km away from her home in Sirsi, Karnataka to learn how to make plates from Areca leaves. She realised she would have to take a loan for the initial investment. But banks turned her down for the absence of collateral. Which is when she asked Be! Fund to help her out. And they did.


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