slide1 l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
SKS Microfinance PowerPoint Presentation
Download Presentation
SKS Microfinance

Loading in 2 Seconds...

play fullscreen
1 / 14

SKS Microfinance - PowerPoint PPT Presentation


  • 291 Views
  • Uploaded on

SKS Microfinance. Empowering the Poorest of the Poor to Become Self-Reliant. December 2002 Vikram Akula, Founder and CEO. Mission and Profile. Founded June 1998 Mission To Empower the Poorest of the Poor to Become Self-

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'SKS Microfinance' - ollie


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

SKS Microfinance

Empowering the Poorest of the Poor to Become Self-Reliant

December 2002

Vikram Akula, Founder and CEO

mission and profile
Mission and Profile

Founded June 1998

Mission To Empower the Poorest of the Poor to Become Self-

Reliant by Sustainably Providing Financial Services

Focus Poorest of the Poor in Drought-Prone Deccan Region of India

achievements and goals
Achievements and Goals
  • Achievements Since 1998
  • 4 branches
  • 314 village centers
  • 10,123 customers
  • $1.4 million disbursement
  • $680,000 loan outstanding
  • 99.9% repayment
  • 79% F.S.S.
  • Our Goals
  • Scale to 100,000 in Deccan by ‘07
  • Franchise to 100 of the
  • poorest districts in India
context of technology innovation
Context of Technology Innovation
  • Identification of Barriers to Growth - High Volume, Low Value
    • High Transactions Costs
    • High Risk
  • Identification of Key Element of Solution
    • SKS MAPS - Fully-Integrated, Fully-Automated MIS

3. Funders

    • CGAP (Pro-Poor Innovation Award Winner)
    • Grameen Foundation USA
    • Digital Partners (SEL Award Winner)

4. Other Awards

    • UC Berkeley Haas School Social Venture Competition Finalist
    • Stockholm Challenge Finalist
    • World Bank Development Marketplace Semi-Finalist
sks portfolio tracker user friendly
SKS Portfolio Tracker - User Friendly
  • Highly Sophisticated User-Interface
  • Yet Intuitive and Easy-to-Use
slide8

SKS Portfolio Tracker - Extensive Reports

  • Over 50 Customized Reports Following Best Practices
sks accounts
SKS Accounts
  • Seamlessly Integrated with Accounts
slide10

Smart Card/Palm Pilot Front-End

  • Reduces Time and Increases Productivity
    • Bottleneck to Productivity at Field Level
    • Smart Card as “Electronic Passbook” Reduces Time

After

Before

slide11

Before Smart Cards

  • Still Large Scope for Error and Fraud
  • Still Delay in Portfolio Information

Collection

Sheet Print-Out

Automated

Manual

Manual

slide12

After Smart Cards

  • Single Data Entry Point Reduces Scope for Fraud & Error
  • Single Data Entry Point Speeds Information Flow

Automated

Automated

Automated

slide13

The Future: Smart Cards as Cash Substitute

  • For the Customer - Flexible Services
    • Credit linkages at local hospitals
    • Linking into proposed rural ATM networks
    • Lines of credit with local vendors
  • For the MFI - Cashless Microfinance using Phone Booths
  • For Other Uses - SKS WAVE, Digital Platform for e-Health….
slide14

Questions?

vikram@sksindia.com

www.sksindia.com