|
|
|
|
|
| Resource
Partners |
| |
Grameen
Bank
Sa Dhan
AKMI (Association of Karnataka Microfinance Institutions)
The Mix Market
MFIN (Microfinance Institutions Network)
MIX Market currently provides data on 2069 MFIs globally
|
|
|
|
| Shareholders |
| |
Michael
& Susan Dell Foundation (MSDF)
Bellwether Microfinance Fund (India Financial
Inclusion Fund)
Sequoia Capital
Lok Capital
Unitus Equity Fund
Elevar Equity
|
|
|
|
| Audit/Legal
Partners |
| |
Deloitte
Haskins & Sells (statutory auditors)
V. Nagarajan & Co.
Universal Legal |
|
|
|
|
Ujjivan is participating in
the Grameen Bank Replication
Program. We follow the Grameen
methodology adapted to the urban
environment in India. Grameen
Bank has provided us a Technical
Advisor and Seed Capital Funding
for our branches to finance
the ‘poorest of the poor
women.
Read More…
Sa-Dhan’s mission is
to build the field of community
development finance in India
to help its member and associate
institutions to better serve
low-income households, particularly
women, in both rural and urban
India, in their quest for
establishing stable livelihoods
and improving quality of life.
Founded as the Association
of Community Development Finance
Institutions by SEWA Bank,
BASIX, Dhan Foundation, FWWB,
MYRADA, RGVN, SHARE and PRADAN
in 1999.
Read More ….
AKMI involves all its members
in the activities. AKMI secretariat
provides the necessary support
for making these activities
possible. Members meet once
in 2 months to review activities
and develop strategy in the
respective thematic area.
Participation in meetings
is open to members only. To
build the field of community
development finance in Karnataka,
to help its members and associate
institutions to better serve
low-income households, particularly
women, in both rural and urban
Karnataka and India, in their
quest for establishing stable
livelihoods and improving
their quality of life. AKMI
is registered under the Societies
Act of 1860. The association
started functioning since
latter part of 2006 and finally
was registered in the middle
of November 2007.
Read More…
The MIX MARKET ™ is
a global, web-based, microfinance
information platform. It provides
information to sector actors
and the public at large on
microfinance institutions
(MFIs) worldwide, public and
private funds that invest
in microfinance, MFI networks,
raters/external evaluators,
advisory firms, and governmental
and regulatory agencies. The
MIX Market seeks to develop
a transparent information
market to link MFIs worldwide
with Investors and Donors
and promote greater investment
and information flows.
The MIX MARKET currently provides
data on 1352 MFIs, 103 investors
and 180 partners
Read More …
Micro Finance Institutions Network (MFIN) is the self-regulatory organization (SRO) for the Indian Microfinance industry. It was established in October 2009 with the sole purpose of promoting the key objectives of Microfinance in India and establishing guidelines for responsible lending and client protection in the Microfinance industry.
MFIN seeks to work closely with regulators and other key stakeholders to achieve larger financial inclusions goals through microfinance. Currently MFIN member organizations consist of 46 of the leading NBFC/MFIs whose combined business constitutes over 80% of the Indian microfinance sector.
Read More …
WWB, headquartered in New York, serves as an umbrella organization to 39 local microfinance organisations around the world. WWB advocates for the benefits of microfinance and for the need to serve women and, conduct research and share best practices. WWB develops vital financial products, such as savings and insurance, to enable microfinance organizations to better serve their clients and achieve their mission to bring people out of poverty.
Read More … |
|
|
|
Delphi Research Services is
a specialist market research
and strategic consulting. It
specializes in three areas:
Industrial and Business-to-Business
Research, Social & Development
Research and Restricted Consumer
Research exclusively for the
Service Sector. Delphi undertakes
research and strategic consulting
projects in India, South East
Asia and Middle East. Its clients
include a host of Major Indian
and International companies
and Multi-Lateral Organizations
such as UNDP, UNIDO, SDC, NORAD,
DANIDA etc.
Read More…
|
|
|
|
The Michael & Susan Dell Foundation
is dedicated to improving the lives
of children living in urban poverty
around the world. With offices in
Austin, TX and New Delhi, India, the
Dell family foundation funds programs
that foster high-quality public education
and childhood health, and improve
the economic stability of families
living in poverty. With an endowment
of $1.3 billion, the foundation has
committed almost $450 million to global
children’s issues and community
initiatives to date. The foundation
has committed $9 million to date to
help poor families in India achieve
economic stability.
Read More…
Bellwether is essentially an equity
fund and its primary financial instrument
is risk capital. As a strategic investor
and given the extensive microfinance
experience of its management team,
the Fund plays an active governance
role and assists the investee organizations
in strengthening their financial and
management systems. Any investment
made by the Fund, even if structured
as debt or quasi-equity would have
the overarching objective of an equity
stake in the MFI.
|
| |
•
To provide
the
necessary
resources,
both
financial
and
strategic,
to enable
financially
viable
MFIs
to scale
up their
operations
and/or
transform
themselves
in to
responsible,
regulated
entities
•
To utilize
Caspian’s
extensive
contacts
and
experience
in both
the
microfinance
and
mainstream
financial
sectors
in India
and
abroad
to carve
out
dynamic
niches
for
high
potential
start
up and
early
stage
MFIs
•
Deliver
a competitive
financial
return
along
with
a significant
social
return
to its
investors
•
Value
added
services
to help
young
organizations
integrate
with
the
mainstream
financial
sector:
|
| |
o
Credit
enhancements
to
enable
MFIs
to
access
credit
from
commercial
banks
and
loan
syndications,
together
with
national
and
international
financial
institutions.
o
In
keeping
with
its
role
of
a
‘bridge’
to
the
mainstream
financial
sector,
Bellwether
also
undertakes
capacity
building
of
its
partner
MFIs
in
crucial
areas
like
governance,
legal
transformation
and
adoption
of
suitable
systems. |
|
|
|
|
|
|
IFIF’s primary focus is
on equity investments in companies
that are directly or indirectly
associated with bringing about
the inclusion of the poor within
the formal financial system,
i.e. financial inclusion. These
would be: -
|
| |
1.
Companies that directly
provide financial
services to the
poor, i.e. microfinance
institutions,
banks etc. and
2. Companies that
enable the provision
of financial services
to the poor, e.g.
business correspondents
to banks, technology
companies, housing
companies etc.
|
|
|
IFIF
will focus its efforts on promoting
a wide range of financial services
to the poor, for their business
and personal needs, including,
credit, savings, insurance or
remittance facilities. IFIF
will look to make investments
in high-growth and efficient
institutions that are focused
on providing the entire range
of financial services using
traditional as well as innovative
models for reaching the unreached
and in doing so deliver reasonable
financial returns so that the
well developed Indian Financial
and capital markets will have
an opportunity to participate
in the financial inclusion agenda
of the country.
IFIF aims to achieve double
bottom line objectives of financial
inclusion and capital appreciation.
Through its investments, the
Fund will aim:
|
| |
•
To accelerate the growth
of small, medium and large
sized MFIs, by providing
them growth
capital as well as strategic
inputs
• To set up new
MFIs by providing them
start-up capital and technical
advice
• To enable diversification
of product offerings to
the microfinance clients
by Eligible Financial
Institutions by providing
appropriate risk capital
and technical advice
• To support scale
up or creation of Microfinance
Enablers |
|
|
Sequoia Capital is a leading, global private equity investor, and one of the most active investment firms in India having invested in over 50 companies in India in the past few years.
Sequoia Capital invests across sectors and stages, with a focus on high growth companies operating in large India or global markets. The firm invests across growth capital, pre IPO financings, IPO placements, buyouts and public market investments. Sequoia principally takes a long term view on investments and partner companies, and plays the role of an active, value added partner and shareholder to entrepreneurs, business families and management teams in India.
Sequoia Capital India currently manages funds capitalized at close to US $1.8 billion and invests across venture, growth and late stage opportunities. It takes a long term view on investments and plays the role of an active, value added partner to entrepreneurs, business families and management teams. Over the last 9 years, Sequoia Capital India has invested in more than 50 Indian companies including Applabs, Comviva (formerly Bharti Telesoft), Cafe Coffee Day, Dr Lal Pathlabs, Edelweiss, Firstsource, Idea Cellular, Just Dial, Shaadi.com and SKS Microfinance. Sequoia Capital India operates out of offices in Bangalore, Mumbai and New Delhi.
Globally, Sequoia Capital has an unparalleled track record of partnering with entrepreneurs to create global market leaders. Sequoia Capital has been an early investor in companies such as Google, Cisco, Yahoo, YouTube, Oracle and Apple Computers. Sequoia Capital maintains dedicated teams in the US, China, India and Israel.
To learn more about Sequoia Capital India visit: |
|
|
The Lok Capital Group
is an initiative that
delivers equity capital
and capacity-building
support to Indian Microfinance
Institutions (MFIs). This
socially responsible innovative
effort facilitates the
delivery of affordable
financial services, primarily
to low-income households
in India, in a commercially
viable and sustainable
manner. Lok Capital LLC
is a $22 million Mauritius-based
venture capital fund investing
in commercially-oriented
microfinance institutions
in India. The Lok Capital
fund is advised in India
by Lok Advisory Services
Pvt Ltd, a New Delhi-based
team of management and
finance professionals.
Read More… |
|
|
Now managed by Elevar Equity
Elevar Equity is a global growth investor focused on the underserved four billion at the base of the pyramid in developing countries. Elevar provides equity capital primarily to entrepreneurs building high growth microfinance institutions and secondarily to entrepreneurs building companies providing services and products to the bottom of the pyramid in emerging markets. Elevar intends to bridge the gap between these communities and global capital, helping to create a virtuous cycle of opportunity based on open access for all.
Elevar manages the Unitus Equity Fund (UEF) and successor fund Elevar Equity II. UEF is a $23.6 million equity fund which invests in high growth microfinance institutions. Conceptualized and launched by Unitus in 2006, UEF has been an active participant in the development of a commercial equity market serving the microfinance industry. Building on the success of UEF, Elevar launched Elevar Equity II in May 2008 and currently manages an investment portfolio of eight companies across India and Latin America.
Read More…
|
|
|
|
|
|
Statutory Auditors
Deloitte Haskins & Sells
Internal Auditors
V. Nagarajan & Co
Legal Partner
Universal Legal
|
|
Our technology partner Craft Silicon
is an information technology company
providing complete systems solutions
from conception to implementation
and maintenance. Craft Silicon services
small and large Banking and Micro
Finance organizations worldwide.
Read More…
|
|
|
|
|
|
|
| |
|
|
| |
|
|
|
|
|
|
Jayalakshmi from Maddur is mother
of three and makes Paper Bags at home. She has
availed a business loan from Ujjivan.
|
|
|
|
| |
|
|
|
