Tag: Al-Khair Cooperative Credit Society

By Imran Khan, Patna : Kamla Devi, Pankaj Kumar, Geeta Devi and Sanjay Singh, all Hindus, share one thing in common. Their lives have been transformed through "interest-free" loans provided by a Muslim cooperative credit society in Bihar, yet another example how integrated Indian society has always been at the grassroot level. They are four of nearly 9,000 Hindus -- mostly vendors, small traders, roadside shopkeepers, marginal farmers and women -- who got rid of exploitative moneylenders thanks to interest-free loans by the Al-Khair Cooperative Credit Society Ltd that is based...