Wednesday, April 27, 2016

Sustainable Farms in India


Vikram (Vik) Uppal is a cofounder of the Aid India Foundation. Vikram Uppal created the organization to raise funds for initiatives designed to help residents of India. One such initiative is the creation of sustainable farms and improved agricultural practices.

The purpose of sustainable agriculture is to develop farms that incorporate features of the local ecosystem while providing a human food source. Sustainable agriculture focuses on avoiding the use of damaging farming techniques and replacing them with environmentally friendly ones. Another important feature of sustainable agriculture is the collaborative involvement of farmers, laborers, and consumers. The participation of each group is important to the sustainable agriculture movement.

Sustainable agriculture and organic farms are connected because the use of sustainable farming practices can produce organic farm goods. Organic farms are capable of bettering the environmental quality of the land while improving the economic conditions of the surrounding community. It is important that India continue to improve its farming infrastructure to meet the needs of the country’s increasing population.                            

Tuesday, April 19, 2016

Microfinance in India


As a founder of Aid India, Vikram (Vik) Uppal has engaged in microfinancing activities in India. Vikram Uppal has devoted his time and resources to raising capital that could be used to help underprivileged residents of India.

Microfinance is the provision of loans or other financial services to low-income communities. Many individuals with limited means do not have the financial flexibility to procure a loan through traditional banking means. Microfinancing provides borrowers with the opportunity to raise cash for their farms, homes, or other areas that require investment or development. These microfinance loans typically are issued with favorable loan terms to help individuals to improve their financial standing.

Although microfinancing lends money to people with limited financial means, it is seen as a wise investment by the financial sector because of the high likelihood that these loans will be repaid. Microfinance is seen as a way to infuse cash flow into underdeveloped areas and communities.