Careers at SKS Corporate Overview Mission SKS Microfinance empowers the poor to become economically self-reliant by providing financial services in a sustainable manner. Overview Launched in 1998, SKS Microfinance is one of the fastest growing microfinance organizations in the world, having provided over US $908 million (Rs 4,216 crores)and has maintained loans outstanding of US $369 million (Rs 1,714 crores) in loans to 3,078,458 women members in poor regions of India. Borrowers take loans for a range of income-generating activities, including livestock, agriculture, trade (such as vegetable vending), production (from basket weaving to pottery) and new age businesses (Beauty Parlor to photography). SKS also offers interest-free loans for emergencies as well as life insurance to its members. Its NGO wing SKS foundation runs the Ultra Poor Program. SKS currently has 1,413 microfinance branches in 18 states across India. SKS aims to reach 8,000,000 members by 2010. In the last year alone, SKS Microfinance has achieved nearly 170 % growth, with 99% on-time repayment rate.
Careers at SKS Corporate Overview
Mission SKS Microfinance empowers the poor to become economically self-reliant by providing financial services in a sustainable manner. Overview Launched in 1998, SKS Microfinance is one of the fastest growing microfinance organizations in the world, having provided over US $908 million (Rs 4,216 crores)and has maintained loans outstanding of US $369 million (Rs 1,714 crores) in loans to 3,078,458 women members in poor regions of India. Borrowers take loans for a range of income-generating activities, including livestock, agriculture, trade (such as vegetable vending), production (from basket weaving to pottery) and new age businesses (Beauty Parlor to photography). SKS also offers interest-free loans for emergencies as well as life insurance to its members. Its NGO wing SKS foundation runs the Ultra Poor Program. SKS currently has 1,413 microfinance branches in 18 states across India. SKS aims to reach 8,000,000 members by 2010. In the last year alone, SKS Microfinance has achieved nearly 170 % growth, with 99% on-time repayment rate.
