m SKS MFI Ȃ CV

m Foundation of SKS MFI

m Operational Highlights
m Financial Highlights
m SKS MFI - Business Model
m Challenges
m á it Gupta (183)
m árchana (187)
m Harshit ágarwal (194)
m Pooja (237)
m Shipra (217) m Nishant (205)
m Ish eet Kaur (195) m Nikhil (231)
m Prerna (209) m Sujasha (221)
m Tirthodya (223)
m Prashant (1)
m Jagadeesh (228)
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4
 Incorporated in 2003.
 SKS Microfinance Ltd is the largest MFI in India in ter s of total value of loans
outstanding, nu
er of
orrowers, who they call e
ers, and nu
er of

ranches, according to the Octo
er 2009 CRISIL report titled India Top 50
Microfinance Institutions.
 Co pany's core
usiness is providing s all loans exclusively to poor wo en
predo inantly located in rural areas in India. These loans are provided to such
e
ers essentially for use in their s all
usinesses or other inco e generating
activities and not for personal consu ption.
 SKS uses the group lending odel where poor wo en guarantee each otherǯs
loans. Borrowers undergo financial literacy training and ust pass a test
efore
they are allowed to take out loans.
 SKS distri
utes s all loans that
egin at  2,000 to  12,000 (a
out US $44-US
$260) to poor wo en. so they can start and expand si ple
usinesses and
increase their inco es.
 ás of March 31, 2010, had 6.78 illion wo en
orrowers and total dis
urse ents
worth ore than  14,000 crore ($3
illion).
 SKS uses the group lending odel, which yields repay ent rates of ore than
99%.
 InYear 2010,
i. SKS added 2.83 illion new e
ers ( ore than 200,000 every onth).
ii. SKS opened 676 new
ranches (averaging 55
ranches every onth) and
iii. recruited 8,340 new field officers (nearly 700 every onth).
SKS SKS Pvt SKS
Society Ltd. Pu
lic
Ȉ 1997 Ȉ 2003 Ltd.
Ȉ NGO Ȉ NBFC Ȉ 2009
SKS MFI has evolved around five key ele ents:
 village selection,
 focus towards wo en,
 e
er training,
 group lending and
 village level lending and collection

SKS has developed a scala
le 3Cǯs odel

 Capital,
 Capacity and
 Cost reduction, which in turn has helped reach
rural asses in large
 Strategic Business Model.
 Significant E ployee áttrition Rate - 25%.
 Conflict a ong e
ers.
 SKS MFI anage ent is not a ong the
pro oters.