Mumbai: Six lakh women borrowers spread across more than 7, 000 villages in 11 states of India have Vikram Akula’s SKS Microfanance to thank for a new life. SKS is now one of the fastest growing Microfinance institutions in the world.The company grew by 160 per cent with a 99 per cent on-time repayment rate… Read more >
Category: Unitus Equity Fund
UEF Closes Largest Private Global Equity Fund
March 26, 2007 – Press Release, Unitus Equity Fund, Unitus Labs
Unitus Equity Fund Closes Largest Private Global Equity Fund Targeting Microfinance Omidyar Network, Abacus Wealth Partners among lead investors in $23M Fund that aims to deliver financial and social returns Redmond, WA–March 26, 2007–The Unitus Equity Fund L.P. (UEF), an equity fund investing in microfinance institutions in Asia and Latin America, today announced that the… Read more >
B’lore Reaches Out to its Urban Poor – CNN-IBN (Ujjivan)
November 6, 2006 – Media Exposure, Unitus Equity Fund
Bangalore: Ujjivan Chief Executive, Samit Ghosh is of the opinion that when you give money to a woman, the majority of it will be spent on the family, whereas if you give it to a man, chances are that it will go to alcohol. This seems to the mantra behind every micro finance organisation. But… Read more >
B’lore Reaches Out to its Urban Poor – CNN Video (Ujjivan)
November 6, 2006 – Media Exposure, Unitus Equity Fund
Watch video here Tags: india, Ujjivan
Unitus Equity Fund L.P. Invests $1,000,000 in Credex
September 6, 2006 – Press Release, Unitus Equity Fund, Unitus Labs
Unitus Equity Fund L.P. Invests $1,000,000 in Credex Investment Will Allow Credex to Bring Microfinance to More of Mexico’s Working Poor Redmond, WA—September 6, 2006—The Unitus Equity Fund L.P., a private equity fund which invests in emerging microfinance institutions (MFIs) in Asia and Latin America, today announced an investment in Credex (Grupo Crediexpress S.A. de… Read more >
Unitus & MSDF Invest in Microfinance
May 18, 2006 – Press Release, Unitus Equity Fund
Unitus and Michael and Susan Dell Foundation Invest in Microfinance in India Ujjivan partnership to provide microfinance to 600,000 clients by 2011 Redmond, Wash. (PRWEB) May 18, 2006 — Unitus Equity Fund, L.P. (UEF), a private equity fund formed by Unitus, a nonprofit organization which creates innovative solutions to global poverty, and… Read more >
Unitus Announces Equity Investment in SKS Microfinance
March 28, 2006 – Press Release, Unitus Equity Fund
Unitus today announced the Unitus Equity Fund (UEF) and the first-ever UEF investment, a $470,000 investment in Unitus MFI partner SKS Microfinance. The UEF completed a $8.5 million first-round investment close of a $20 million total fund on March 15, 2006. Vinod Khosla Leads Historic Rs. 11 crores ($2.5 million) Investment in SKS Microfinance Largest… Read more >