Author Archive for Ajay Sanghani

Sponsor a Business

Dear Friends,

This is one of the better ventures I have come across, leveraging the power of community to empower entrepreneurs.

Its a matchmaking project, connecting entrepreneurs who need loans with lenders who can offer loans.

If an entrepreneurs needs Rs. 50,000 as loan, he can receive it from multiple lenders , maybe in smaller chunks of Rs. 5000 each. Similarly a lender can spread his loan of Rs. 2 Lacs, across maybe 10 or 20 businesses.

Last week statistics revealed on the site are inspiring to know, the model seems to be clearly working.

Close to 4000 lenders have joined, 1400+ entrepreneurs have been funded collectively amounting to Rs. 2.5 crores.

This idea needs to spread fast, it is currently being positioned to help poor people with a zeal to do business, but who lack basic resources.

To ensure that the people do not misuse, the project works with local micro finance companies.

Surprisingly in India, there is only one field partner listed, it is Delhi based Somaiya Group.

Pls, Pls share and forward the details about the venture to lenders, micro finance agencies, as well as worthy entrepreneurs.

And yes, the link to the project is http://www.kiva.org

Regards,

Ajay Sanghani
Founder, ITVidya.com
Cell : 098200 20753

IdeaCamp update

Last Friday, we had a good gathering at IDEACAMP of Investors, Entrepreneurs and Students considering Entrepreneurship. The event was anchored by Alok Mittal and Sanjay Bhargava, both of them were very generous with their sharing of experience and wisdom with the entrepreneurs.

Sunder has an article which was published on Rediff about the event, and the same can also be read on ITVidya.com

Regards,
Ajay Sanghani
CEO, ITVidya.com
Gain and Share IT Knowledge with
2835+ members at ITVidya.com

IdeaCamp in Gurgaon with Alok Mittal

Venture community here are welcome to come and meet Alok Mittal at the Idea Camp in Gurgaon on 12th January from 2 pm to 4 pm.

Idea camp is organized with a intention to have a intense gathering of a small group of entrepreneurs and professionals to foster accelerated learning and networking on a common theme. The central theme we are
having for this event is on 1 million * $100 p.a. plans, which was actively discussed here on Venturewoods.

To register, visit http://www.itvidya.com/ideacamp

If you are unable to attend, you may still register to get the updates of the event and join the group for a ongoing exchange of ideas.

Regards,
Ajay Sanghani
CEO, ITVidya.com
Cell : 0091-98200 20753