Ujjivan - Providing Financial Services to the Poor

Ujjivan wins Social Performance Reporting Award

Ujjivan was presented with the 2009 Social Performance Reporting Award – category gold on 26th October, 2009 at the Microfinance India Summit, held in New Delhi.

The social Performance Reporting awards were launched by CGAP, together with its partners the Michael and Susan Dell Foundation, the Ford Foundation, and the Social Performance Task Force (SPTF). The award, powered by MIX, is designed to promote greater transparency in MFIs’ social performance. The award recognizes microfinance providers who provide reports on a set of social performance indicators that were developed over three years through consensus process involving industry leaders and led by SPTF. The awards were launched in order to respond to the growing need to answer questions around social impact and the follow through mission of MFIs.

Team Ujjivan receiving the award

This award is of special significance as it reaffirms that Ujjivan has stayed true to the mission of bringing people out of poverty, even as the organization has scaled up to reach half a million customers across twelve states in India. BASIX and Ujjivan were the only MFIs from India to be conferred with the “Gold Award”. The award is a matter of pride and satisfaction to each and every member of the Ujjivan family as it is highlights the efforts of the entire Ujjivan team in making a difference in the lives of customers and vindicates the vision of the leadership team, who invested in Social Performance monitoring right from the time of Ujjivan’s inception. As the COO of Ujjivan’s West region Jolly Zachariah says, “‘What gets measured, gets done’ – measuring Social performance is an important step in confirming the impact of our work.”

This award proves that a Social enterprise can be financial sustainable while having a social impact and reaching out to a large number of people.

Certificate - CGAP.pdf