Entreupenuer ship
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Vikram Akula founded SKS Microfinance in India in 1998 after seeing widespread poverty there. He started his career in microfinance in 1990 organizing self-help groups for women in rural India. As the founder of SKS, he created trusts for borrowers to become owners of the company, enabling them to access financing and share in its wealth creation.
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Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Entreupenuer ship
- 2. IntroductIon • He was Born in Hyderabad, India and was raised in the US, He started his career in 1990 as a community organizer of women’s self-help groups for the Deccan Development Society in rural Andhra Pradesh, Part of India. He then joined the World Watch Institute in Washington DC as a researcher. As a Scholar he led an action-research project in India that provided micro- credit to poor farmers for food security.
- 3. Introduction (ii) • He was Creating market-based solutions for finanCial inClusion for more tHan two deCades. His new venture in india is foCused on setting up suCH an eCosystem.
- 4. History • Akula, after revisiting india, started SKS because he was overwhelmed by the poverty he saw in India and was looking for a
- 5. Impact • He created SKS truStS for borrowerS, wHicH became tHe Second largeSt inveStorS group in SKS microfinance, enabling borrowerS to not only acceSS finance but to benefit from wealtH creation aS company ownerS.
- 6. Credits! • Done by – Aye Zawwin, Kelvin Tan, Chen yuan rui. • Links- • http://www.schwabfound.org/sf/SocialEntrepreneurs/Profiles/index.htm?sname=180724 • http://vikramakula.com/about/
- 7. Credits! • Done by – Aye Zawwin, Kelvin Tan, Chen yuan rui. • Links- • http://www.schwabfound.org/sf/SocialEntrepreneurs/Profiles/index.htm?sname=180724 • http://vikramakula.com/about/