Vikram Akula, founder and CEO of SKS Microfinance, launched the company in 1998 to offer small loans to very poor borrowers. Some 10 years later, SKS has become India’s fastest growing microfinance institution (MFI), with more than two million borrowers. In the next two years, Akula would like SKS Microfinance, whose backers include venture capitalists such as Sequoia Capital, to grow to eight million borrowers — which would make it the world’s largest microfinance lender, surpassing Bangladesh’s Grameen Bank. In this video, four members speak about how SKS Microfinance Limited changed their lives.
Read the case in the new Dutch book Brilliante Businessmodellen in Finance: https://www.managementboek.nl/boek/9789462201255/briljante-businessmodellen-in-finance-jeroen-kemperman