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Rebuilding lives in times of crisis: In 2009, North Karnataka was devastated by floods. Yenkanna, a CRS from Mudhol Branch lost his family home. All of Ujjivan comes together to help him and others affected. |
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Hope among ashes: A slum in Pune is destroyed by fire affecting many of our customers. Ujjivan acts quickly on the spot |
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Ujjivan posts profits, reduces interest rates: Ujjivan recorded its first year of profitable operations with a post-tax profit of Rs.9.63 Crores in the financial year 2009-10. Ujjivan also cut interest rates with the objective of sharing the profits with customers. |
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Next level microfinance: Grameen-II Training Ujjivan hosted a 2-day training for MFIs, conducted by Grameen Trust and Grameen Bank, Bangladesh. Attendees included ESAF, BSS … |
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Parinaam
Foundation,
Providing Microfinance Plus
Services |
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The monsoons has arrived but Summer was fun. Parinaam Foundation conducted a five-week summer camp for the children of the UUPP families. It had outings to Zoos, environment learning and even a Sports Day … |
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Education program update - The program has received 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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Parinaam Update:
Two Eye/ENT/Dental camps in Gadag and Chikkabanavara and One Eye camp in Kothrud (Pune)
Eye doctors saw 734 customers and their family members, prescribed 153 glasses, referred 25 patients for cataract surgery and 30 more for further consultation. ENT doctors saw 55 patients while Parinaam's Dental partner saw 225 patients and referred 34 for further consultation.
Vocational Training: 4 candidates enrolled for Unnati retail sales training Livelihood: 4 candidates employed by KFC |
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Business
Results |
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| As
of May 31, 2010: |
•
Customers
• Borrowers
• No. of States
• No. of Branches
• Loans Disbursed
• Loans Outstanding
• Repayment
Rate*
|
688,759
612,055
18
267
Rs. 10,980 Million
Rs. 4,746 Million
98.95%
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| During
May: |
• New Customers
•
No. Loans Disbursed |
35,898
88,169
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| Human
Resources |
• Current Employee
Strength
• Interns/Trainees/Probation
•
TOTAL |
2,145
996
3141 |
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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
Khurda
Danapur
Adityapur
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Patna City
Ratu Road
Aligarh
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3,000
customers
Vellore Fort
Fatuah
Gandhi Maidan Tilaiya
Khurda
Midnapore
2,000
customers
Tiruchengode
1,000
customers
Alangayam Dhankauda |
RS Puram
Koel Nagar
Govindpur
Kadma
Kharagpur
MDDM (Muzaffarpur)
Bargachiya
Anithapally |
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