Ashoka Fellow
This description of Kapilananda Mondal's work was prepared when Kapilananda Mondal was elected to the Ashoka Fellowship in 2002.
Kapil Mondol is moving beyond traditional approaches to microfinancing by introducing microbanking to villagers. Beginning in rural Bengal, Kapil's approach has rapidly spread over the last few years to encompass more than 200 villages, catching the attention of microfinance practitioners who have come from Bangladesh, Africa, and the United States to learn from him.
The New Idea
The Problem
The Strategy
The Person

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