SKS
  • 434.6 million
    4.3 million
    100.9
    0.0
    414.2 million
Mission:
Our purpose is to eradicate poverty. We do that by providing financial services to the poor and by using our channel to provide goods and services that the poor need.
Background and Main Challenges: 
Launched in 1998, SKS Microfinance is one of the fastest-growing microfinance organizations in the world. SKS currently has US$698 million (Sept’09) worth of outstanding loans to 5.3 million (Sept’09) women members in poor regions of India who maintain on-time repayment rates of 99%. It has ... Read more
Address: 
1-10-60 to 62, Ashok Raghupati Chambers, Opp. Shopper Stop, Begumpet
Secunderabad
Andhra Pradesh
500 016
India
Phone: 
+91 40 4452 6000
Fax: 
+91 40 4452 6001
Email: 
info [at] sksindia [dot] com
Website: 
Main Funding Sources: 
Grants
Loans
Shareholder Capital
Products and Services: 
Loans
Products: 
Income generating loans
Mid Term Loans
Loan Cover Insurance
Services Provided: 
Other
Looking for (Investment Types): 
Loans in Local Currency
Guarantees
Equity investments
Loans in US$
% Operations Comprised by MF: 
91 - 100
Date established: 
Jan 1 1997
FYE: 
31-Mar
Regulated: 
yes

Social Performance Profile

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All the products viz, Income Generation Loan, Mid-Term Loan, Mobile Loans, Sangam Store Loans, Housing Loans and Life Insurance service are designed to serve the poor.
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Partnerships

Former
Name Relationship
Grameen Foundation Network Affiliation
Current
Name Relationship
M-CRIL Rating
MFIN Network Affiliation
MFN Network Affiliation
SA-DHAN Network Affiliation
SIDBI Funding
Unitus Network Affiliation
Unitus Equity Fund I Funding

Related Organizations

Current
Name Relationship
Smart Campaign Endorsement

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • ANAND ANIMESH
    SENIOR LEAD MANAGER (STRATEGY AND BUSINESS ANALYSIS)
    vbp [at] fpt [dot] vn
    +91 40 4452 6000
  • Ashish Pipaliya
    Associate Vice President
    ashish [dot] pipaliya [at] sksindia [dot] com
    +91 40 4452 6112
  • M.R. Rao
    CEO
    +91 40 4452 6000
  • P.H Ravikumar
    Non-Executive Chairperson-Interim
    +91 40 4452 6000
  • Prabhdeep Singh
    Manager
    prabhdeep [at] sksindia [dot] com
    +91-40-4452 6000
  • Rajeev Sharma
    sharmarajeev18 [at] yahoo [dot] in
    09999594096
  • Sateesh Kumar
    EVP
    avsateeshkumar [at] sksindia [dot] com
    +91 40 4452 6000
  • Shashank Shankpal
    shashank [dot] shankpal [at] sksindia [dot] com
    +91 40 4452 6383

References

David Gibbons