Successful outcome of the first aid initiative for the victims of the microcredit institutions in India
“I organised the aid initiative prompted by a programme by “Weltspiegel” on the German television channel ARD on 30th January 2011 about the victims of the microcredit industry in Andhra Pradesh in India. Below you see a report to our sponsors.” M. R.
Dear friends, together we have achieved something fantastic!
The aid initiative in Andhra Pradesh in India got off to a good start. Up to the middle of January donations were being paid into my account. I was able to account for it all, and the total including my share came to 4,435 €! Much much more than I had expected. Your feedback was fantastic and I received many emails expressing support and real concern for the issue.
I took my flight to India at the end of December. During most of January I was waiting for emails from the ARD correspondent, looking for someone to accompany me on my upcoming trip, comparing exchange rates, and learning about the whole subject from well-informed Indians. On 31st January I eventually set off for Warangal, alone and with a case full of money. ARD India had put me in contact with Professor K. Venkatanarayana, from the Department of Economics at the Kakatiya University, Warangal. He lives on-site with his wife and has already brought film teams and journalists together with those affected. With typical Indian hospitality, he and his wife welcomed me with open arms, and I gladly accepted their offer to stay in their home. (more…)