DripFin means Drip Finance ala Drip Irrigation (i.e. small scientific value added productive measures)

Archive for August, 2008

Mumbai meri jaan ( Bombay, my love)


Last night watched Mumbai Meri Jaan (Bombay, My Love) at PVR Europa (where the seats are unergonomic and the hall is perenially full of popcorn smell stench)


The Movie was superb – Must Watch.  It’s India’s Crash. The movie salutes the indomitable spirit of Mumbai.


Soha Ali Khan’s best performance till date, she essays the role of a journalist reporter for some News Channel, who thinks nothing before shamelessly thrusting mikes into the faces of the bereaved, at all/any tragedy, with that infamous question many Indian reporters love asking to gather “sound bites”:aapko kaisa mehsoos ho raha hai (How do you feel right now?)”, till her fiancé is killed in the blasts, and she is faced by the same query from a colleague.


Irfan Khan is brilliant as the “poor man”, frustrated with the city’s attitude, vends tea on his bicycle for a living and decides to teach the city a lesson


Paresh Rawal’s best performance till date, I think he lost some 15 kgs for this role of a police man about to retire in 7 days.


Madhavan and Kay Kay Menon are simply brilliant.  Madhavan loves Mumbai, travels by local trains as they are – cheaper, faster and “ecological”


PS: I am looking forward to watching Amitabh Bachhan “In and As”  Rituparno Ghosh’s “The Last Lear



Be a Change Maker !

Join Changemakers and Citi in the search for innovative and cutting-edge methods that allow financial security to become a reality for everyone. Enter and showcase your work to key decision-makers and investors.  Enter the contest, visit http://www.changemakers.net/.

Banking on Social Change – Seeking Financial Solutions for All

Sitting on a time bomb ! – Business Today

View this article………..

– MFI’s in India are gravitating towards doing “larger loans/individual lending/other forms of consumer lending”
– Larger loans are obviously very lucrative, as they earn more revenue while the cost to collect them does not increase in the same proportion.
– But, Larger Loans require different set of systems, processes and capabilities i.e credit scoring, portfolio analyzes
As per this business today article, consumer lending finance companies in India are facing stress on their portfolio
– Ideally, once a micro borrower needs a large loan,should he not  avail  it from a bank.
Prof Yunus, the creator of Microcredit, has been reiterating, see here, for the past 6 months,at every possible forum, the systemic risks involved in chasing profits or say excessive profits.

The Reasons to visit Goa

I visited Goa this long weekend 15-18th Aug 08…….Great Food, Superb Climate, Pristine Beaches, Excellent Acco…………………The Reasons to visit Goa :
1.> For a change there is no “Dosa or Idli Sambar” on the menu of standard shacks/eateries. Instead one gets to savour brilliant continental fare and/or a rich fusion of regional konkanese/goan fare. All of it cooked only once it has been ordered and not shamelessly scooped out of deepfreezers, microwaved and served to hungry undiscerning tourists.
2.> The goan patesseries are brilliant serving brilliant puffs and pasteries. I also discovered some pizzeria’s (Blue Tao, enroute Anjana Beach) using clay-stone ovens fired by local goan timber where i had some great thincrust pizzas topped with local goan goat cheese, mushrooms and cherry tomato paste. The only place to rival these pizza’s are the ones at Drift, Gurgaon
3.> There are enough beaches, all of them pristine. I prefer Anjuna, Baga and Candolim. None of these beaches are littered with empty bottles of mineral water packaged drinking water and empty packs of Greasy Potato Wafers. The water is clear.
4.> The climate is brilliant, I loved it when it rained and then the sun appeared, it again rained and then the sun appeared, it again rained and then the sun appeared…………………………
5.> Goa was just an hour’s flight from Mumbai / 12 hours by a genuinely comfortable Volvo ride which passes through the beautiful Sahyadri Range, Orchards of Alphonso, Pomengrante and Custard Apple throughout the landscape
6.> There are ample of good accomodation options – serving the various categories of the SEC. The closer to the beach the better.
7.> Mobility – Once can hire a Honda scooter or bike to discover the beautiful state. Every second shop sells petrol, incase you need to refill
8.> The Goan/Portugese architecture is simply beautiful, a visual treat.

and the list goes on…………..Recommending, GOA.



Microfinance – No.1 CSR Activity – TNS/The Times of India Survey

As per a recent TNS/Times of India Survey, The priority areas that the respondents felt ought to be covered under CSR initiatives included microfinance (99%), environment (81%), health (81%), education (82%), women empowerment (63%), livelihood promotion (62%), sanitation (61%), HIV/AIDS (54%), child care (55%), slum improvement (50%), disaster management (36%) and agricultural development (29%) .



Source: The Times of India