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Our
Goals for 2001
Our Vision for 2005
Over
the last two years, SKS has laid a strong foundation for growth.
Now SKS is scaling up so that it can reach 25,000 poor families
over the next five years. To accommodate that growth, SKS
will be forming a sister organization, Swayam Krishi Sangam
Microfinance Ltd., through which SKS will conducts its savings
and loan program for the poor. This finance company will give
SKS the proper channel for significant growth and will put
SKS on the path towards financial sustainability. Most important,
SKS is structuring the company such that its members will
be the majority stakeholders, thereby creating a community-owned
financial institution in which genuine ownership is
in the hands of the poor.
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SKS'
Progress:
1998-2000
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SKS'
Goals:
2002-2003 |
SKS'
Vision:
2004-2005 |
| Branches |
1 |
5 |
16 |
| Village
Sangams |
50 |
272 |
1000 |
| Members |
889 |
6,800 |
25,000 |
| Member
Savings |
$5,163 |
$58,930 |
$552,558 |
| Consumption
Loans |
$9,810 |
$321,419 |
$2,993,419 |
| Income
Generating & Seasonal Loans |
$44,128 |
$721,395 |
$8,212,517 |
(SAVINGS
AND LOANS FIGURES IN US DOLLARS)
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