Ujjivan: Transforming with Technology

By Subir Roy

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.

• Format: Hardcover
• Language: English
• ISBN: 0199482985
• ISBN13: 9780199482986
• Release Date: June 2018
• Publisher: Oxford University Press
• Length: 256 Pages
• Weight: 1.05 lbs.
• Dimensions: 0.9" x 5.9" x 8.7"