Escolar Documentos
Profissional Documentos
Cultura Documentos
Agrawal
Roll No. 22
Assignment no.1
Microfinance is a tool whose potential we have just started to realise. As and when the MFIs
make further innovations in their operations it might open up new vistas and lead to further
socio-economic upliftment, especially for those, who are ignored by the market forces and
looked down upon as burden by
various governments. If the Micro Finance Institutes can cast its spell, wide and deep into the
Indian hinterland, the so-called ‘Bottom Of the Pyramid’ can do justice to its name, by
being the bedrock of Indian society, over which the relatively well-heeled but thinner layers
are built onto.
SKS Microfinance
SKS was ranked as the Number 1 MFI in India and number 2 in the world by MIX
Market, world’s leading business information provider for MFI industry.
Delivering services at the doorsteps of its members and following clear-cut
processes, SKS has been able to ensure a repayment rate of over 99 % on its loans.
Type NBFC
Industry Finance
Founded 1998
Headquarter Hyderabad, India
s
Area served India
Key people Vikram Akula Chairperson
and founder, Suresh Gurumani
CEO- Managing director
Employees over 20000
Website http://www.sksindia.com/
Add to it the