Ujjivan, one of the largest microfinance institutions in the country has brought hope and smiles to thousands of urban poor. With gross managed assets of about Rs. 39,763 Million (as of 31st March, 2015) it was awarded by HSBC-Access as the 'Best Large Microfinance Institution in India' in 2011.
Ujjivan operates primarily on a joint liability group lending model, an adaptation of the famed Grameen model of microfinance. In addition, it boasts of a cutting edge, yet cost effective technology infrastructure, which continues to be ahead of time in the microfinance industry.
With a large network of 423 branches across the country in 21 states and 3 union territories, Ujjivan has the largest geographical footprint among MFIs. It has positively impacted the lives of more than 20 lakh unbanked and under-banked customers in urban, semi-urban and rural areas, by addressing their financial needs for microenterprise, home improvement, education and emergencies.
Ujjivan's operations are backed by its customer-centric focus on service and product innovation, technology enabled back-end operations, independent credit appraisal processes and prudent business risk management practices. Though Ujjivan was started as an institution focusing on the urban poor, its customer base has expanded in time to include semi-urban and rural populations as well, which currently constitutes a significant portion of its outstanding portfolio.
Provide full range of financial services to the economically active poor to build better lives.
1) Awarded Innovator in Responsible Business Award by Inc. India Magazine
2) 16th Best Place to Work in Asia
3) Received the Most Inspiring Workplace Award in the NBFC sector
4) Ranked #9 in overall and #2 in Financial Services Industry as Best Company to Work For