The Unitus family is partnering with a growing list of exciting, innovative young companies that share the common goal of creating opportunity for millions of people living at the bottom of the economic pyramid (BoP). As you will see from this semi-annual update, we’ve got some very compelling work happening across the Unitus family! As… Read more >
Tag: Ujjivan
Unitus 2012 Mid-Year Update
August 18, 2012 – Unitus Labs, Update, Unitus Ventures, Unitus Capital, Unitus Equity Fund, Unitus Impact
Ujjivan Raises Rs.40 Crores
January 5, 2011 – Press Release, Unitus Capital
Ujjivan Raises Rs.40 Crores through Non-Convertible Debentures Bengaluru, 5th January 2011: Bangalore-headquartered, Ujjivan Financial Services, a leading microfinance institution with pan-India presence, has raised INR 40 Crores of debt capital through issuance of listed, secured, redeemable, non-convertible debentures (NCDs) to DMW (Cyprus) Limited , a member of the Developing World Markets (DWM) group of companies.… Read more >
Interview with Samit Ghosh, Microfinance Innovator
February 1, 2010 – Unitus Labs, Update
Ujjivan, a Unitus partner since 2006, is an MFI providing financial services to the economically active urban and semi-urban poor in India. Since their launch in November 2005, they’ve reached more than 550,000 clients with a diverse range of financial products and services. In October 2009, Unitus sat down with Mr. Samit Ghosh, founder and… Read more >
Ujjivan Joins as First Partner in SMPIP
November 5, 2009 – Press Release, Unitus Labs
India’s Ujjivan Announced as First MFI Partner for Unitus’s Social Performance Management Implementation Project Partnership provides expertise, resources necessary to integrate SPM tools into Ujjivan operations BANGALORE & SEATTLE, 5 November 2009 — In its continuing efforts to improve the effectiveness of life-changing microfinance services, Unitus Labs. is proud to announce that India’s Ujjivan has been… Read more >
Ujjivan Raises $19 Million of Equity Capital
November 21, 2008 – Media Exposure, Unitus Equity Fund
Ujjivan Financial Services, a Bangalore, India-based microfinance institution, is pleased to announce the successful completion of the fourth round of equity infusion. Originally planned for USD 15 million, the equity round was over-subscribed and increased to USD 19 million. The incremental capital was largely subscribed by existing shareholders, including Unitus Equity Fund (UEF), managed by… Read more >
Metro Microfinance Pioneers (Ujjivan)
June 21, 2007 – Media Exposure, Unitus Equity Fund
With a few prominent exceptions (including SEWA in Ahmedabad) microfinance institutions in India have targeted the rural poor. The urban poor were thought to be too mobile and lacking in neighbourly affinity and cohesion to ever generate the peer-group pressure on which unsecured lending to borrowers organised in joint-liability groups depends. However, all that is… 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 & 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 >