Mani Shanti Infracity Pvt Ltd

Co-founders:  Smita Ram and Ram N. K Founded in Bengaluru in 2008, RangDe.org is an internet-based peer-to-peer micro-lending platform that facilitates micro or low-cost loans to rural entrepreneurs across India with the help of funders. A remarkable aspect is that over 93% of borrowers have been women. This not-for-profit crowdfunding portal has attracted 9,699 social investors and helped disburse 50,008 loans for a section of Indian population who are usually overlooked by banks and financial institutions. So far they have raised social investments of approximately USD 7 million while repaying very close to USD 5 million. Borrowers pay interest rates ranging between 4.5% and 10% p.a. for collateral free loans. Rang De gets a nominal cut of 2% on all the loans repaid by borrowers. Rang De has been funded by the World Bank through Development Marketplace (DM) and is a recipient of several social change-related awards including South Asian International Fund Raising Group’s ...

Gorakhpur is already considered as the hub of the school,institutes and  hospital,Over 20 Industrialists have shown interests in setting up new projects, The overall investment  in Gorakhpur is approximately around 1500 crore, This city known as city of chief minister, an official said. The products proposed to be manufactured at the Gorakhpur Industrial Development Area (GIDA) here include  packaged breads, beverages, oxygen cylinders , cattle feed and disposable syringes. Puja Srivastav, assistant commissioner, district industries and enterprise promotion centre ( DIC), said: “Eighteen industrialists, including one from Kolkata, have submitted proposals for setting up factories with Rs 1467 crore (in GIDA). Another Industrialist has applied for setting up a food processing industry worth Rs 150 crore in Kushinagar. Possibly one or two such (more) proposal will also come in a day or two. They will move to Lucknow to sign MoUs at the UP investors’ summit schedule...

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