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Ujjivan ends the year 2009 on a positive note by successfully conquering the “Triathlon of Microfinance” – profitability, scale and geographical diversification. Starting January 2009, Ujjivan has generated monthly profits consistently. |
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Ujjivan formally launched the “Mission Mumbai” initiative in December. The event was organised to celebrate the milestone of 20,000 customers in the West . |
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Ujjivan published half-yearly results for FY’2009-10, for the period ended September 2009. The audited results, along with a half-yearly report was sent to shareholders. |
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Ujjivan launched the IBL product in Tamilnadu (Tirupattur branch) in December, 2009. Earlier, IBL was available only to customers in Karnataka and West Bengal. |
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Business
Results |
| As
of December 31, 2009: |
•
Customers
• Borrowers
• No. of States
• No. of Branches
• Loans Disbursed
• Loans Outstanding
• Repayment
Rate*
• Customers
with Life
Insurance
Coverage |
553,371
503,377
12
219
Rs. 7,264 Million
Rs. 3,395 Million
98.87%
514,317 |
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| During
December: |
• New Customers
•
No. Loans Disbursed
|
17,107
57,288
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| Human
Resources |
• Current Employee
Strength
• Interns/Trainees/Probation
•
TOTAL |
1,870
764
2,634 |
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* 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
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Milestones |
4,000
customers
Yamuna Vihar
Pune North |
Pune East
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3,000
customers
Danapur
Madangir
Mangolpuri
Dharmapuri
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Adityapur
Kota
Vaniyambadi |
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2,000
customers
Kalna Gate
Vellore Fort
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Pune West
Gudiyatham
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1,000
customers
Sainthiya
Kadma
Pali
Komarapalyam |
Dhaniakhali
Korrah
Arcot
Erode - Surambatti |
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| Leadership Spotlight |
This month’s featured leader is Sudha Suresh, Chief Financial Officer. Sudha is a Chartered Accountant and Company Secretary by training. |
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Parinaam
Foundation,
Providing Microfinance Plus
Services |
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In December, Parinaam conducted 2 Eye/ENT/Dental camps in Devaiah Park (Bangalore) & Dharmapuri ( TN) and one eye camp in Habra(West Bengal).In eye camps, doctors saw 523 customers and their family members, prescribed 116 glasses, referred 31 patients for cataract surgery and 42 for further consultation.
ENT doctors saw 104 patients and referred 30 for further consultation. Parinaam’s dental partners saw 146 patients and referred 53 for further consultation. |
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