SKS Microfinance

Launched in 1998, SKS Microfinance is one of the fastest growing microfinance organizations in the world, having provided over $896 million (Rs 3,876 crores) and has maintained loans outstanding of $405 million (Rs.1,754 crores) in loans to 2,709,137 women members in poor regions of India. Borrowers take loans for a range of income-generating activities, including livestock, agriculture, trade (such as vegetable vending), production (from basket weaving to pottery) and new age businesses (Beauty Parlor to photography). SKS also offers interest-free loans for emergencies as well as life insurance to its members. Its NGO wing SKS foundation runs the Ultra Poor Program.

SKS currently has 1259 microfinance branches in 16 states across India. SKS aims to reach 8,000,000 members by 2010. In the last year alone, SKS Microfinance has achieved nearly 170 % growth, with 99% on-time repayment rate.

India Office
SKS Microfinance
Swayam Krishi Sangam Foundation
8-2-6084/1/1, Karama Enclave
near Gaffar Khan colony
Rd. # 10 Banjara Hills
Hyderabad – 500 034, A.P.
INDIA

Tel: +91-40-23305119/25

email : info@sksindia.com

website : http://www.sksindia.com

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