A few years ago, I met Anjali – a Mumbai girl who had a Diploma in pharmaceutical engineering. Anjali lent her certificate to a local chemist (who didn’t study beyond 7th grade) who ran a drugstore and paid Anjali a monthly rent. At that time I thought it was the oddest way to make money.
I don’t believe that, not any more. Because, I have just learnt of a stranger way of earning a rental: lending your names, to be precise.
Incredible, did you say? Well then, visit Aizawl, capital town in Mizarom state in north east India. Ask the pastor of any local Presbyterian Church if he knows of name lending and he will tell you how the business is thriving.
The church, in fact, has just asked to the people of the state to cut this unholy business off!
