Ujjivan Financial Services Pvt Ltd. | Company Profile

A microfinance institution based in Bangalore, India, founded in 2005 by Samit Ghosh. Specializing in financial services for the urban and semi-urban poor, the organization operates a nationwide network that, within its first seven years, disbursed over $580 million to more than a million customers. In 2015, it was among the first five entities approved by the Reserve Bank of India for a Small Finance Bank license and followed with an initial public offering in 2016.

The core business model focuses on microloans that support income generation for low-income groups. Products include microloans through Joint Liability Groups and individual loans for small businesses, education, agriculture, and housing. Financial literacy is emphasized through borrower training and a robust screening process. The institution is dedicated to serving economically disadvantaged households, particularly women-led small businesses, maintaining a strong presence in underserved regions across India.