Taking Responsibility Credit Bureau work on war-footing Multiple lending and repayment default to become things of the past with credit bureaus soon to become a reality. More...

 

Building a Better Tomorrow Wharton Advanced Leadership Program Microfinance leaders from 15 countries come together to hone their skills and exchange information. Vikram Jetley attended the workshop. He shares his views...  Read More…

 
All are Welcome Savings bank accounts opened for urban poor Working towards making financial inclusion a reality for the urban poor, Ujjivan facilitated savings accounts for 1200 customers in Bangalore  More…
 
Social Development Program Update
Picking up speed, a large number of Ujjivan’s community projects have been conducted together by customers, staff and social workers, around the country in the past month. Be it providing canteen amenities to a school for the visually-challenged, or facilitating access to drinking water for children and teachers in anganwadis, these Social Development Programs have been touching thousands of lives. Here are some of the program activities in Jan-Feb. Here are glimpses (video slideshow) of the Social Development Program held in Pune.
North Star First Model Branch in Northern region Customer service and staff welfare, forming being the priority, a redesigned Madangir branch gets “Cheers” and “Wows” from staff and customers alike. More…
1885 young students have benefitted from the education loan interest refunded to 1646 Ujjivan education loan customers. If you would like to help educate a child, please donate toward the Education Loan Interest Refund program. Every little counts.
To help some of the young pursue higher studies, there is also a Higher Education Scholarship Fund. Every little counts. Visit the Parinaam website for details on more such programs. For an update on all activities last year, read the Annual Parinaam Newsletter.
 
Business Results
As on January 31, 2011:
   • Customers
   • Borrowers

   • No. of States and UTs
   • No. of Branches

   • Loans Disbursed
   • Loans Outstanding
   • Repayment Rate*
972,260
831,972

20
351

Rs. 18,824 Million
Rs. 6,682 Million
99.04%
During December:
   • New Customers
   • No. of Loans Disbursed
22,258
81,584
Human Resources
   • Field Staff
   • Total Employees
3403
4091
 
# The repayment rate is calculated as the total amount repaid less prepayments received divided by the total amount due of the total loan portfolio outstanding as of the date
# New customers only indicates the number of new entrants into the Ujjivan system and does not account for customers who may have dropped out during the month
 
Branch Milestones
1,000 customers
   Phulnakhara(Orissa)
   Purnia City (Bihar)
   Andheri (Mah.)
   Kurla (Mah.)
   Bamuni Maidan (Assam)

Vadodara East (Guj.)
Surat Central (Guj.)
Bhiwani (Har.)
Sirsa (Har.)
2,000 customers
   Mulund (Mah.)

3,000 customers
   Thane (Mah.)
   Ambernath (Mah.)
   Agra Jaipur House (Raj.)

4,000 customers
   Purulia (WB)
Chembur (Mah.)
 
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