UTKARSH MICROFINANCE

The MFI provides income generating loans and insurance to underserved regions where micro-finance penetration is less than 4%. With over 1 million clients participating in group lending, Utkarsh also serves 14,710 active micro-loan clients and 81 housing loan clients.

Already surpassing its stated vision to service 1 million households by 2016, Utkarsh continues to improve local livelihood by providing its members with financial education programs as well as offering health services at branches and mobile health clinics.

Utkarsh was rated MFI of the year for small and medium enterprises at the 2013 MF Summit. The company posted a positive profit margin in the second quarter of 2010, just one year into its growth stage.

Goodwell Investments BV

Amsterdam, The Netherlands
Herengracht 201 | 1016 BE Amsterdam
(+31) 85 273 7462 | info@goodwell.nl | @Goodwellinvest

 

Cape Town, South-Africa
19 Kent Street | Room 209 Salt Circle, Salt River
(+27) 21 4475949

© Goodwell Investments