The founder and managing director of Bandhan on expanding his microfinance model and bridging cultural gaps
When Chandra Shekhar Ghosh started Bandhan as a business serving small borrowers, he had to freelance as a trainer and consultant for other microfinance institutions to earn his daily bread. Often, he was paid in kind. “I used to train for ₹ 200. There were times when I didn’t get the money, and was just handed over a bottle of mustard oil. It was tough running my home and starting the business," recollects Ghosh.
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