Greetings for 2012!

At the Summit Ujjivan wins Microfinance Organisation of the Year award Strong business fundamentals, outstanding customer service, and good social performance helped Ujjivan reach this industry peak Read more

 
 

Customer skills showcase Ujjivan at renowned cultural event Customers exhibited their handicrafts at the specially set up Ujjivan stall at the Poush Mela in Tagore’s Shantiniketan, one of India’s best cultural events More…

Nature’s fury Disaster relief for cyclone affected Tamil Nadu was ravaged by Cyclone Thane, which devastated several customers’ and staff’s homes. Ujjivan arranges repayment holiday while staff provide disaster relief
Read more…

 
 

New Regional Office in West Unique multi-faith prayer ceremony marks the inauguration of brand new Western Regional Office building in Pune. Our increasing presence in the region and to serve over 175,000 families required our teams to develop and expand, leading to the need for larger space Event report

 
 

Gift of warmth Blankets & clothes given to poor With support from Parinaam Foundation, staff in the North Region collect and distribute clothes and blankets to the poor to relieve them of the harsh winter Read more

 

 
Business Results
As on December 31, 2011 :
   • Customers
   • Borrowers

   • No. of States and UTs
   • No. of Under-Banked      Districts
   • No. of Branches

   • Loans Disbursed
   • Loans Outstanding
   • Repayment Rate*

1,089,185
762,923

20
49
303


Rs.28,871 Mn Rs.6,698 Mn
98.15%

In November :
   • New Customers
   • No. of Loans Disbursed
20,459
60,615
Human Resources    
   • Field Staff
   • Total Employees
2920
3652
 
# 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
 

Financial Literacy Program Progress Report

 

Even prior to the microfinance crisis we felt that a holistic financial literacy program was needed to educate customers on debt management. Ujjivan and Parinaam Foundation initiated a two-pronged program customized for microfinance clients: Watch the video

Sankalp, a film to build customer awareness on dangers of over-borrowing and sub-lending. Followed up by Diksha, a financial training program on debt management

The RBI, International Finance Corporation, and the World Bank have all been impressed by the initial response we have received from customers, and expressed interest to drive and expand this program further. Read more & download report

 
 

Parinaam’s Annual Report 2010-11 has been released, containing details of its program performance, social impact and plans for the future. Download it here.

 
 

For the latest updates and details on its current programs, visit the Parinaam website.

 
   
 
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