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.
The Reserve Bank of India, International Finance Corporation, and the World Bank are impressed by the program and initial response from customers, and express interest to drive and expand this program further.
Ujjivan wins "Microfinance Organisation of the Year" award
Awarded by an eminent industry and government jury, on the basis of business performance, governance, social performance, innovation, transparency and promotion of responsible finance.