Our catalogue of ideas and approaches will develop here over time.
Jugaad is a Hindi word that roughly translates to "frugal innovation" or "hack." It refers to the ability to find creative and resourceful solutions to problems, often using limited resources. Jugaad is a mindset that is deeply ingrained in Indian culture, and it has been credited with helping India to overcome many challenges and achieve remarkable progress.
Microfinance arose from the idea that even the poorest individuals have the potential to be entrepreneurs. By providing small, accessible loans and financial services, microfinance empowers them to invest in income-generating activities, escape poverty, and contribute to their communities. This concept gained traction in the mid-20th century through visionary figures like Muhammad Yunus, who believed traditional banking models excluded the poor. Microfinance promotes self-sufficiency and fosters a cycle of financial inclusion.
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