20 July 2007

Semi-urban branch opened in Anekal gives first loans

Ujjivan opened its 14th Bangalore branch on July 20 in the semi-urban town Anekal.

Located along the Tamil Nadu border roughly 35 miles from central Bangalore, Anekal is is famous for silk handloom business wherein 70% of working population in the town is directly involved in silk yarn twisting, handloom & allied activities.

A ceremony was held in Anekal to mark the branch opening. In attendance were the Tasildar of Anekal, a local police inspector Rajesh Kumar, several potential Ujjivan customers from the Anekal area, and several Ujjivan staff members including CEO Samit Ghosh and Distribution Manager Shantha Kumar.

Post-Addendum: The Anekal Branch disbursed its first loans on August 3. 60 loans were disbursed, amounting to nearly 5 lakhs.

The Tasildar of Anekal cuts the ceremonial ribbon marking the opening of the Anekal branch, as Distribution Manager Shantha Kumar looks on

Potential customers from the Anekal area at the opening ceremony

Ravi Chandra, CRM of Anekal, disburses a business loan to customer Poornima for her tailoring business

Ravi Chandra, CRM of Anekal, disburses a business loan to customer Geetha for her sari business

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