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Women in remote Korawan, 70 km from Allahabad, have come up with a novel bank which exclusively deals with goats — accepting the animal as savings and lending it out as loans.
"Prema and her friends hailing from Afrozi village have establish a bank which deals exclusively in goats," development block coordinator Subedar Singh told PTI.
In tough terrains of Mirzapur district, most of the people are engaged in crushing stone to earn a living.
"Wives of these people help them in crushing stones and breed two-three goats for additional income," Singh said.
"Though the area is best suited for goat breeding, no effort was made to establish it as a full fledged business activity," he said.
"We provide goats to women having interest in taking up breeding as a full-time activity as loan. When a goat gives birth to kids, generally two to three in numbers, one of them is deposited with the bank again," Prema explained.
Goats in the bank are medically examined every week.
"In case a goat dies, then it is either replaced from the market or from the bank depending upon the availability," Prema said.
Great care has been taken to exclude false coins; but if any coin should be suspected at the time of sale, it is to be withdrawn, as Mr. Whittall will not consent to sell as false what he is confident to be genuine. This observation applies also to Lot 293, in which instance alone the writer differs from his employer as to the authenticity of any coin contained herein.Lot 293 was a tetradrachm of Tenos similar to this one.