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Ujjivan presented with the “Social Performance Reporting award- category Gold” at the Microfinance India Summit in New Delhi. |
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Ujiivan disburses 1st Loan in Mumbai
The Mumbai operations were started on 26th September 2009, with a plan to roll out 30 branches across the city. Despite being the financial capital of India, Mumbai is home to almost 10 million poor. |
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Monsoon Marathon Winners
Ujjivan had organized an internal region-specific contest, “Monsoon Marathon”, amongst branches. The final results of this contest were declared in October. |
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Ujjivan crosses the 500,000
customer milestone |
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| Leadership Spotlight |
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This month’s featured leader is Jolly Zachariah, Chief Operating Officer of the West Region. Jolly has headed Ujjivan’s foray in the West from inception. |
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Parinaam
Foundation,
Providing Microfinance Plus
Services |
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In October, Parinaam conducted two Eye/ENT/dental camps in Chintamani & Mysore Chamundi (Karnataka) and one eye camp in Uluberia(West Bengal).
In eye camps, doctors saw 873 customers and their family members, prescribed 176 glasses, referred 80 patients for cataract surgery and 95 for further consultation. ENT doctors saw 270 patients and referred 22 for further consultation. Parinaam’s dental partners saw 253 patients and referred 105 for further consultation. |
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Business
Results |
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of October 31, 2009: |
•
Customers
• Borrowers
• No. of States
• No. of Branches
• Loans Disbursed
• Loans Outstanding
• Repayment
Rate*
• Customers
with Life
Insurance
Coverage |
513,980
463,975
12
211
Rs. 6,306 Million
Rs. 3,303 Million
98.85%
458,609 |
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| During
October: |
• New Customers
•
No. Loans Disbursed
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22,595
59,605
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| Human
Resources |
• Current Employee
Strength
• Interns/Trainees/Probation
•
TOTAL |
1,664
861
2,525 |
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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
Baramunda
HAL
Uttarahalli
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Batanagar
Kota |
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2,000
customers
Khurda
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Sultanpuri
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1,000
customers
Dausa
Arambagh
Purulia
Fatuah
Fulwari Shariff
Bhavani
Dehradun - CP
Vellore - Katpadi
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Erode Kaveri
Gandhi Maidan
Bolpur
Rasulpur
Haridwar - Jawalapur
Jodhpur UTI Colony
Tiruvannamalai
Chikkabanavara |
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