Ujjivan: Transforming with Technology

by Subir Roy

Overview

Three decades of being a banker afforded Samit Ghosh a ringside view of the biggest vulnerability of India's financial sector-its failure to ensure true financial inclusion. This became the impetus for Ghosh's second innings as the creator of Ujjivan, a pioneering venture to bring financial services to the urban poor. Since 2005, when it opened its doors for business, Ujjivan has seen rapid growth. Starting off as a microfinance organization that gave small, unsecured loans to poor businesswomen, Ujjivan gradually expanded to offer agricultural, education, home-improvement, home-purchase, and livestock loans. Today, Ujjivan is a small finance bank. Its burgeoning customer base and robust balance sheet are resounding proof that lending to the poor can be a good business, making it a shining example of conscious capitalism done right. Read Ujjivan: Transforming with Technology for a behind-the scenes look at how Ujjivan is chasing its credo-building a better life for those left behind.

Product Details

ISBN-13:	9780199482986
Publisher:	Oxford University Press
Publication date:	06/26/2018
Pages:	256
Product dimensions:	8.70(w) x 5.90(h) x 0.90(d)

About the Author

Subir Roy spent four decades with leading publications in the print media, most recently with Business Standard. His key interests are public policy, information technology, affordable healthcare, and urban issues. He is the author of Made in India: A Study of Emerging Competitiveness (2005).

Table of Contents

AbbreviationsForeword by Jaithirth RaoAuthor's Note
1. Introduction and Overview2. Situating Microfinance3. Experts Remember4. An Idea Is Born5. A Firm Is Born6. A Pilot Gets Going7. On a High Growth Path8. A Crisis Forewarned9. The Crisis Arrives in Andhra10. Batt ling the Crisis11. Return to High Growth12. Processes and Information Technology13. The Human Factor14. Risk Management15. MFI to SFB, via IPO16. Beyond Microfinance17. The Demonetization Trauma18. Light at Tunnel's End
IndexAbout the Author