Ujjivan receives highest award for social performance, from Microfinance Information Exchange (MIX). Among other criteria, the award is based on reported poverty measurement data, assessment on new social performance indicators and demonstrated social change related to the organisation mission.
Samit Ghosh was a panelist at the congress organised by a leading business daily. Among several viewpoints, a more focused credit management, better efficiencies and diversified product/ services are the major industry changes post-crisis.
Existing investors and two new foreign institutional investors participated in the fifth round of equity funding making Ujjivan one of the best capitalised MFIs in the country.