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2008 Winners

Srijan 2008 (www.Srijan2008.com) was the third in the series of national level microfinance forums organized by Intellecap and Aavishkaar Goodwell Microfinance Development Company in partnership with The Financial Express. Srijan showcased new ideas for greater financial inclusion as a sector building initiative. It helped put the spotlight on emerging and established enterprises that were directly or indirectly capable of creating opportunities for greater financial inclusion.

The winners of the Srijan 2008 Awards were:

Winners »

Mr. G. Muralidhar & Vepoor Murali from Pochampally Chenetha Kalanetha (PCK)

PCK that won the Standard Chartered Award for the best emerging idea at Srijan 2008 aims at taking a holistic growth to reduce the growth pain points of Pochampally weavers. The business idea aims at creating a network of collectives and providing weavers with various capital services.

As shown in the picture to the right, Mr. G. Muralidhar is receiving the trophy from Mr. Joseph Silvanus, South- Asia Head, Standard Chartered Bank

Ms. Praseeda Ms. Praseeda Kunam from Samhita Microfinance

Samhita Microfinance, an established MFI based on the Joint Liability Group model, won The Srijan 2008 Most Promising Business Idea-I Award. Started by Ms. Praseed Kunam and Mr. Balakrishnamurthy, Samhita is based in Rewa, one of the most interior districts in Central India. As a part of its business strategy, Samhita offers its clients a wide array of health, environmental and educational initiatives apart from credit provision.

As shown in the picture to the left, Ms.Praseed Kunam is receiving the trophy from Mr. P. Satish, C.G.M. NABARD

Ms. Sakshi Verma from Synergics (Ms. Verma presented on behalf of Mr. Hitendra Shankar and K. Naveen Chand)

Synergics by Mr. Hitendra Shankar and Mr. Naveen Chand (presented at the event by Ms. Sakhsi Varma) won the The Srijan 2008 Most Promising Business Idea II Award. Synergics aims to act as equity partners with their entrepreneurs, sharing their risk and leveraging their expertise.

As shown in the picture to the right, Ms. Sakshi Varma is receiving the trophy from Mr.J. K. Vishvanath, Director Risk Management, Fullerton India Credit Company.

Finalists »

K. Murugesan & C. Anuraj

Imayam Women’s Federation

IWF offers thrift along with credit and facilitates equitable wealth distribution.

IWF operates in six branches in Tamil Nadu.

G Satya Dev

Livelihoods E-Financing Portal

LEF is an internet portal that wants to facilitate access to financial institutions for livelihood promotion and implementing organizations.

G Muralidhar & Vepoor Murali

Pochampally Chenetha Kalanetha

PCK is taking an holistic approach to reduce growth pains of Pochampally weavers. They will create a network of collectives and provide them with various capital services.

Amar Chand Purohit

Pustikar Samiti

Pustikar mobilizes funds through its co-op members to provide loans. It provides various microloans to its members and gives returns to its depositors.

Praseeda Kunum

Samhita Microfinance

Samhita is based in Rewa district of MP. They compliment their credit provision with a wide array of health, environmental and educational initiatives.

Ravi Chander

Samvridhi (Bihar Development Trust)

Samvridhi is empowering people of Bihar with access to finance. They're attempting to adapt the Grameen and Amul model to the Bihar context.

Swadesh Saxena

Shakti Rural Retail Chain

Shakti wants to create its own supplier empowered marketing channel aimed at poor people of Gujrat.

Ashish Bazari

Swapna Sampoorn

Swapna Sampoorn provides accesses to credit to small rural enterprise to enhance their livelihood opportunity for their sustainable development.

Mr. V Hitendra Shankar & Mr. K Naveen Chand (presented by Ms. Verma)

Synergics

Synergics acts as equity partners with their entrepreneurs, sharing the risk and leveraging their expertise.

Kuldip Maity

Village Financial Services

VFSPL offers credit as well as capacity training support to help clients with literacy, skill building and business development.