Annex 2 Indian Case Studies

Jaipur, India – Modern Rickshaw Credit Plan

ITDP recently unveiled a new revolving credit fund to support the purchase of modern cycle rickshaws in Jaipur, India. The fund will allow rickshaw operators to purchase modern vehicles at a very low interest rate. The first 20 vehicles sold under this program, which were co-financed by a local charity organization, were distributed during a public event in Jaipur.

  • The modern cycle rickshaws were first produced two years ago, after local engineers teamed with ITDP to design a rickshaw that is 30 percent lighter, easier to steer and more comfortable for passengers and drivers. The modern vehicle costs about the same as a traditional rickshaw and lasts three times as long. Rickshaw operators report earning up to double their income because of increased customer satisfaction and improved efficiency.
  • The modern vehicles have spread from Agra, to Delhi, Jaipur, Lucknow, Mathura and Vrindavan. In Vrindavan, modern rickshaws have completely replaced the traditional vehicles. The number of modern cycle rickshaws sold in India is now over 20,000.
  • The vehicles distributed in May were the first modern rickshaws assembled in Jaipur, although two rickshaw producers in the city have been incorporating some improvements into their traditional vehicles. At the event, one local manufacturer committed to producing the completely modernized vehicle, which will be available to more local drivers through the payment plan

Source: www.itdp.org

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