| December
1997 |
SKS
is registered as a non-profit society in Andhra Pradesh,
India.
|
| June
1998 |
SKS
starts micro-finance operations in Narayankhed mandal of
Medak District in Andhra Pradesh.
|
| December
1999 |
SKS
establishes the SKS Foundation in USA to support its
cause.
|
| November
2000 |
SKS
receives a grant from i2 cares of the i2 foundation to
launch its pre-school program.
|
| December
2000 |
SKS
starts its Pre-School education and nutrition program.
|
| April
2001 |
SKS rolls
out its MIS developed by its in-house software team.
|
| June
2001 |
SKS
starts its sustainable agriculture project at
Narayankhed.
|
| June
2001 |
Smartcard
Project at SKS wins the CGAP Pro-Poor Innovation Award.
|
| March
2002 |
SKS is
the finalist at the Business Plan competion at the Haas
School of Business, Berkeley, California.
|
| April
2002 |
All the
field operations are equipped with computerized MIS.
|
| September
2002 |
SKS is
chosen as one of the few MFI's by CGAP to implement the
Activity Based Costing tool.
|
| October
2002 |
SKS is
the finalist at the Stockholm Challenge for innovative
application of information technologies, 2002.
|
| November
2002 |
SKS
reaches to 10,000 poor families.
|
| June
2003 |
Unitus, a global
microfinance accelerator, announces a $4.675
million investment in SKS
|
| July
2003 |
SKS reaches to 20,000 poor
families.
|
| September
2003 |
SKS incorporates SKS
Microfinance Ltd. ("SKSM"), the for-profit
spinoff that will take over microfinance operations once
SKSM receives its NBFC licence from the Indian
government.
|
