newspaper


What’s a newspaper for?

Posted on May 21, 2010 by Tara Thiagarajan in Blog, Microfinance, Writing. 2 comments

We (Madura) recently launched a classified ad newspaper that reaches 400,000 poor rural households in Tamil Nadu. Our women borrowers can advertise their products, services and things they want to buy and sell free of charge while companies must pay. This is a hard to reach demographic that does not generally interact with print. One of our office locations used a women’s day event that gathered 700 of our women borrowers to launch the paper in their area. I didn’t attend this launch but our CEO reported to me that a very large number of women took the paper that was handed out and immediately used it to wrap up the snacks that were served to them.

(One useful statistic to put this in context is that about a third of our borrowers cannot read. Still….)