SocialBusiness.org has recently been covering a number of Echoing Green Fellows but most of them have been from this year, the 2013 Class, however, SKS Microfinance's Vikram Akula was a 1998 Echoing Green Fellow. A few of this year's fellows, for instance Ankit Mathur from Greenway Grameen Infra, cited Akula as an inspiration. "He has been very frank about his experiences in recent developments in the microfinance space in India—a great service to the community and to young entrepreneurs who are better informed about the risks," Mathur wrote.
SKS Microfinance was founded as an NGO but has now turned into a for-profit loan-providing business, illuminating the trajectory of many social enterprises and also, the future potential.
Contact Information
SKS Microfinance website
SKS Microfinance on Facebook
SKS Microfinance on Twitter
Key Themes Behind This Trend
- Ngo-turned-for-profit
- Opportunity to explore the transformation of non-profit organizations into for-profit businesses in the social enterprise space.
- Microfinance Space
- Potential for innovative solutions and developments in the microfinance industry, particularly in India.
- Social Enterprise Trajectory
- Insight into the future potential and growth of social enterprises and their impact on the business landscape.
Where This Applies
- Non-profit Organizations
- Disruptive innovation opportunities lie in exploring new business models and revenue generation strategies for non-profit organizations.
- Microfinance
- Opportunity to develop innovative loan-providing solutions and financial services for underserved communities.
- Social Enterprise
- Potential for disruptive innovation in the social enterprise sector, enabling profitability while creating positive social impact.
