SKS Microfinance Ltd

before 1980



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Region of operation

Andhra Pradesh, Telangana, Karnataka, Madhya Pradesh, Maharashtra, West bengal, Orissa, Rajasthan, Chattisgarh, Uttar Pradesh, Bihar, Kerala, Uttarakhand

Headquarters address

SKS Microfinance Limited 3rd Floor, My Home Tycoon, Block A, 6-3-1192, Kundanbagh, Begumpet, Hyderabad, Telangana Country: India Zip: 500016

Target problem

The poor have no access to financial services that they need. This financial exclusion leads to the creation of a society where the poor lack opportunity. They pay a premium of products and services due to this. SKS aims to bridge this gap and bring the complete range of financial services to the doorsteps of its members. It also aims at adding value by using its network to distribute quality products and services that its members need.

Key product / Service

Micro-Finance Loans, Insurance

Team size


Number of beneficiaries


Awards and recognition

  • ‘The Microfinance Organization of the Year’ award
  • 2014
Smart Campaign Client Protection Certification Social and Corporate Governance Award issued by BSE and Nasscom Foundation for Best Corporate Social Responsibility Practice in December 2007. Ranked the No. 1 MFI in the Country and No. 2 in the World

Funding and Operating Model

Funding round

Higher than Series B

Total funding raised

$ 33333333.33


Business details

Operating Model: 1) Before starting operations, our staff conduct village surveys to evaluate local conditions like population, poverty level, road accessibility, political stability and means of livelihood. 2) After a village is selected, SKS staff introduces the community to its mission, methodology and services. 3) Follow-up with interested women, and direct appeal to those who may not have attended earlier because of religious, class, caste or gender barriers. 4) Women form self-selected five-member groups to serve as guarantors for each other. 5) CGT is a four-day process consisting of hour-long sessions designed to educate clients on SKS processes and procedures and to also build a culture of credit discipline. Using innovative visual and participatory teaching methods, SKS staff introduces clients to our financial products and delivery methods. 6) A leader and deputy leader are selected to facilitate meetings and ensure compliance with SKS procedings.

Partners and key clients

Bajaj Allianz, ING Vysya Bank, LIC, SIDBI, Kotak Mahindra Bank, Andhra Bank


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