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Ujjivan listed on Bombay Stock Exchange (BSE): Another first for Ujjivan with its non-convertible debentures (NCDs) being listed on the country’s premier stock exchange. |
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On 28th July, a quantity of 450 secured, redeemable NCDs - each of ` 1 Million face value were listed on the BSE for private placement. |
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Ujjivan enters Haryana: 19 states and counting. This agricultural Northern state is the latest addition to Ujjivan’s increasing presence in the country.
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Education – helping build better lives: 988. That is the number of young student beneficiaries of the interest refund on education loans, thanks to NGO Parinaam! Till date `691,600 worth of interest has been refunded to 878 Ujjivan education loan customers in just 14 branches. There are many more to follow. |
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Annual South Region field team meet: Discussions on business – past & future, human resources issues, award functions, fun activities and more were on the agenda. |
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Parinaam
Foundation,
Providing Microfinance Plus
Services |
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Parinaam has a new-look . You can now also get the latest on Parinaam’s initiatives and events as it happens on . For a detailed update on Parinaam’s activities in July, read the second issue of the . |
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Education program: The program continues to receive great support from different quarters, ranging from individuals to institutions. YOU too can help reach out to poor students and give their families a path out of poverty. |
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Business
Results |
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of July 31, 2010: |
•
Customers
• Borrowers
• No. of States
• No. of Branches
• Loans Disbursed
• Loans Outstanding
• Repayment
Rate*
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772,593
665,778
19
303
Rs. 13,049 Million
Rs. 5,661 Million
98.95%
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| During
July: |
• New Customers
•
No. of Loans Disbursed |
47,016
109,224
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| Human
Resources |
• Current Employees
• Trainees/Probationaries
• Total Employees |
2231
1268
3499 |
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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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# 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 |
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Milestones |
4,000
customers
Pune West
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Pimpri
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3,000
customers
CIDCO
Nasik Road
2,000
customers
Sundarapuram
Katraj
1,000
customers
Agra Rambagh
Agra Jaipur House
Bhandup
Kalwa |
Asansol
Bhavani
Mankhurd
Navi Mumbai
Maligaon
Mawlai
Kalapahar
Dispur |
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