rickshaw bank f version

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Centre for Rural Development

WELCOME

TOCENTRE FOR RURAL DEVELOPMENT

(CRD)


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CRD IS AN NGO Registered under the Societies

Registration Act of 1860 (Section XXI) in1994-95

Registered under the Income Tax Act -Section 12AA & 80 G

Registered under the ForeignContribution Regulation Act of 1976


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GOVERNANCECRD is governed by a Nine Member Team

Mr. M.K.Sharma, Ex. MD, NeDFi Dr. K. Haloi, Asst.Director, NIRD,NERC Mr. G. Sarma, Secretary, SSK, Assam Dr. D. Baishya, Professor, B. Barua College, Ms. K. K. Thakuria, Chairperson Apex SHGs Mr. B. M. Chakravarty, Eminent Entrepreneur

Mr. S. Sarma, Social worker DR. M. Kalita, Ex. Registrar, IASST, Assam Dr.Pradip Kr. Sarmah, Executive Director


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ACTIVITIES Rickshaw Bank VET-AID-CENTRE (VACs) District Nodal Agency, ARIASP SHGs Management Rural Marketing Networking & Strengthening The Voluntary

Sector Imparting Training Food Processing Centre Backyard Poultry Farming Information Documentation Centre


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MISSIONTo ensure sustainable livelihood of

poor people by using local

resources and skills throughcommunity participation

VISIONTo convert poor to power


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Rickshaw Drivers Shelterless,vulnerable and socially disadvantagedcommunity (harassed, HIV-AIDS, exploited) Majority suffer from tuberculosis due to constant exposure to smoke,

dust on the road and smokinghabits

No access to formal finance: 95 % hire rickshaw on high daily rental fee Below poverty line and without any social security 46% are illiterate 8 million such rickshaw drivers in India 5 dependence as an average

Identified Problem

Solutions

The Rickshaw Bank provides : a newly designed rickshaw payable through a minimal daily installment eventual ownership of the rickshaw, insurance, uniform, licenses, a photo ID, slippers etc.

training, health care, cooking gas etc.


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Solution: Design Innovation

Rickshaw originally designed byIIT, Guwahati

Aero-dynamically designed thuslighter More spacious More attractive to clients Comfortable for all age groups

Longer functioning life


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Eye/ Healthcare Family planning

One Window Solution

Provide for Drivers: Income Potential savings Social security Access to

financialinstitutions

Insurance Licenses Photo IDs

Meetings

Uniform Training Maintenance

Childrensschooling

Clothing Cooking gas

Food cart

Providefor families:

An Asset:A Rickshaw


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New initiatives

Food cart for women entrepreneurship Door to Door garbage collection

HEALTH SUPPORT CELL

MICRO FINANCE CELL


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Benefits : SPONSORS

Support in a sustainable

model Create a Visible impact Working towards

millennium developmentgoal (MDG) to bringpeople 2 USD incomeper day

Leveraging of funds toreach larger numbers

(Care-India, AIF,MF)Donors

Avenue for CSR Mobile advertisement

facility at 96% cheaperrate for corporates Flexible term options on

advertising (1 month to 3yrs)

Donors get 100% taxexemption

Donors can participate inthe programme monitoringprocess

(ONGC,IOC,HLL)Corporate


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Benefits: RICKSHAW DRIVERS

Bonafide membership of the Rickshaw Bank

Receive ownership of an income generating asset

Inculcates the habit of savings

Social security such as insurance coverage for both the rickshaw, thepuller, the passenger (s) and the mediclaim facility.

Provided platform to work with dignity- norms, uniforms, photo I-cards

Getting health and eye care support Subsequent loan


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Operational Model

5 Drivers constitute a group & 5groups under one garage/ meetingpoint

Under each garage/meeting pointcover 25 rickshaws and also providesrepair facilities

Each garage/meeting point serves asthe collection centre for the Driversdaily payment

Garage/meeting point are the creationof new entrepreneurship

Opening of new branches on a

Franchise Model


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Enables Rickshaw drivers toOwn Their Rickshaws

Increases Rickshaw DriversIncome Levels and Standardof Living

Provides a FinancialResource for Rickshawpullers

Creates Jobs for Youths

Improves Sales for LocalBusinesses and Corporations

DecreasesFossil FuelEmissions fromAuto Travel

Increases theUse ofEnvironmentallyFriendlyCooking Fuel

SustainableCommunityDevelopment

+SocialImpact

+Environmental

Impact

+Economic

Impact

Provides Better HealthServices to the Rickshawdrivers and their Families

Brings Better Law andOrder to the Community

Creates a Positive WorkEnvironment

The Results: Triple Bottom Line


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RickshawDrivers

Members

of theCommunity

Corporate/Financial

Institutions

LocalBusinesses

GovernmentAnd LocalAuthorities

Families ofRickshaw

Drivers

Impacton

Stakeholders

Improves law and order Less corruption Better documentation

through availability oflicenses

Safer roads Additional revenues

Larger consumer market Job creation

Increases standard of living Healthcare benefits Clothing Proper cooking fuel

Less polluted environment passenger insurance Jobs for youths

The Results: Impact on Stakeholders

Builds goodwill in thecommunity

Larger consumer market Effective and less

expensive advertising Tax incentives and 100%

donor efficiency Better investment

opportunity

Rickshaw ownership and

higher income Safer work environment

through well engineeredrickshaws and insurance

Health care benefits andeducation

Support network throughdiscussion forums and peergroups

Pride and confidence withinthe rickshaw drivingbusiness


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Cost Breakup of the Unit

Amount recovered from each Rickshaw Puller Rs. 12,390/- @ Rs. 25/- EDIfor 496 days for a maximum period of 18-24 months

Particulars Cost (Rs)

Rickshaw Assembling Cost 9600

Uniform Cost 450

Insurance Cost, 2 years 350

License Cost for both, 2 years 400

Total 10500

Average receivable Rs. 1800/- per rickshaw per year from thecorporate advertisements till Rickshaw is owned by the RB andthan 35% of the amount per year once Rickshaw is owned by

the Pullers


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Sl.No

States/ city Type of client No of clients No of ownership tilldate

1 Assam Dipbahan 2700 1254

Seuj Bahan 350 Supplied to GMC

Fish Cart 10 Nil

Ice-Cream Cart 3 NilFood Cart 35 15

2 Agartala Dipbahan 450 38

3 Chennai Dipbahan 200 78

4 Surat Hath Lorry 237 90

5 Varanasi Dipbahan 300 246 Allahabad Dipbahan 400 57

7 Lucknow Dipbahan 150 23

8 Chandni Chowk Soleckshaw 7 Pilot model

Total 4842 1579


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Inauguration of Rickshaw Bank

NOVEMBER 20, 2004 AT GUWAHATI, ASSAMCorporate representatives flag off the Rickshaw Bank


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Rickshaw Bank at Agartala

The Rickshaw Bank at Agartala was inaugurated by the Chief Minister ofTripura, Mr. Manik Sarkar in presence of Rural Development Minister

and CGM, State of India on 26 th July, 2006


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PARTNERSHIP WITHCARE-INDIA

Replication of the

Rickshaw Bank has been initiatedat Chennai

in partnership with CARE- India

to support 200 rickshawsfor the Tsunami victims


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New initiatives at Surat

A new initiatives is initiated at Surat by providing Hath Lorry (Hand Cart)with all other components of the Rickshaw Bank. The formal launching was

organized on June 3, 2007 at Surat.


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Research and Development Initially IIT Guwahati assisted in R&D of

Rickshaw Bank Project. Existing full-fledged workshop at Guwahati

for R&D process under the supervision ofMechanical Engineer.

Technical team trained at IIT Guwahati for

the Rickshaw Bank project. Signing of MOU between IIT Kharagpur &CMERI.


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Glimpses of workshop at Guwahati


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Different carts


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Different carts


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Other Collaboration Collaboration with the

Department of Science& Technology, GOI

To replicate theRickshaw Bank idea in80 districts throughpromotion of newentrepreneurs in 16states

Collaboration withMIT, Boston

Design Innovation for

Slow moving vehiclefor India

Partnership withAshoka-Artemisia-AIESEC


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Recognition

The Rickshaw Bank won The Citizen Base Investment Award 2003

for its concept at National Stock Exchange Building,Mumbai in November, 2003.

IIM, Bangalore selected Rickshaw Bank project under theirMicrofinance Incubation Programme, during November December, 2005.

The Change makers Innovation Award Competition: Market-Based Strategiesthat Benefit Low-Income Communities at

National Press Club, Washington on April 5, 2006.

The Micro Finance Process Excellency Award, 2006 at New Delhion April 7, 2006 given by the Planet Finance and the ABN Amro Bank.

The Rickshaw Bank has got its recognition in the Limca Book of Records asFirst Rickshaw Bank under the business section in 2006.


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Srijan 2007 Microfinance Business Plan Competition 3 rd Prize at Hyderabad

on April 25, 2007.

One of the finalist of the Micro Insurance Awards, 2007 at Hyderabad onJuly 27, 2007

Asian Innovation Awards, 2007at Singapore on 13 th November, 2007.

The Assam Chief Ministers Best Community Action Development Award,2008 on August 15, 2008

India NGO Award, 2008 for the medium categoryfrom the Eastern Region

Rickshaw bank also awarded as Best Innovative Projectof the year, 2008


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SOLECKSHAWA SOLUTION FOR

ECO-FRIENDLY TRANSPORT

Motorised assistanceRickshaw- motor to run on battery,- battery to be charged

with solar energy

f l l


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Dr. Pradip Kumar Sarmah (Ashoka Fellow, India)Executive Director,CENTRE FOR RURAL DEVELOPMENT (CRD)Dewan House, Zoo Narengi Road, Guwahati- 781 021, Assam,Phone : +91-361-2228281 (O)

Skype: PRADIP1963 E-mail: crd4ev@yahoo. com / [email protected] Website: www.crdev.org

REGIONAL OFFICE :

D-41 (First Floor) Sector- 27,Noida- 201301, UP, IndiaPhone : 0120-2591436 / 4320703Mobile: +91 9818863727

CONTACT US
mailto:[email protected]:[email protected]://www.crdev.org/http://www.crdev.org/mailto:[email protected]:[email protected]:[email protected]:[email protected]

rickshaw bank f version

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