In a continuing effort to provide outreach assistance to the poor, Taj Global Understanding has introduced a Microfinance/Microcredit Program in India. Over the years, TGU has built strong relationships with underprivileged youth and their families through ongoing interaction and initiatives in some of the poorest communities in India.

International exchange programs and study abroad programs are rarely an option for the poor. The cost of international travel alone is a prohibitive factor when the focus of families is on day -to -day existence. In fact, TGU began as a result of Mr. Brad Baldwin’s unsuccessful efforts to provide a one-year exchange opportunity to a very deserving student, who came from a low-income family and was not studying in the best school.

Two things often strike volunteers and those international guests of TGU who visit poor communities in India, the first is how safe it is and the second is how ‘industrious’ the poor are. Families are not sitting around waiting for government assistance or dependent on government assistance. There is a strong work ethic and a sense of responsibility to provide for their families.

The West is full of self-employed citizens generating their own stability, providing jobs for others, working from a home base, and contributing to society. The difference is access to credit, access to start up capital, the benefit of a high standard education, and a culture, which takes pride in independence and self-reliance. However, in India, the challenges, both personal and cultural, are immense.

TGU’s Microfinance/Microcredit Program aims to provide opportunity to the poor, which in turn leads to economic stability, growth in the household, and a positive influence to the community.

The core elements to the program are:
  • Provide an unsecured microcredit line of up to $500 USD for the establishment of a new qualified business.
  • Provide start-up assistance with banking, legal entity formation, business plan, and market/promotion strategy.
  • Serve as a mentor and on going guide to the entrepreneur.
  • Provide a special emphasis on Arts & Humanities related fields.
“ Working in the U.S. was a dream come true. Got to learn how to earn money and how to be independent. ”