AKMI
AKMI

Press Release

Nobel Laureate Prof Muhammad Yunus on a brief visit to Bangalore, met with the three Grameen Bank partners based in the city: Grameen Koota, B.S.S. and Ujjivan Financial Services and the other leading members of the  Association of Karnataka Microfinance Institutions (AKMI):

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News & Events

"Prof. Muhammad Yunus launches the website of AKMI on 18th August 2008, in Bangalore. This website will contain the information on outreach statistics of the MFI’s in Karnataka, innovations in the field of microfinance, efforts made on financial inclusion, etc.,"

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About AKMI

AKMI involves all its members in the activities. AKMI secretariat provides the necessary support for making these activities possible. Members meet once in 2 months to review activities and develop strategy in the respective thematic area. Participation in meetings is open to members only.AKMI involves all its members in the activities. AKMI secretariat provides the necessary support for making these activities possible.

Members meet once in 2 months to review activities and develop strategy in the respective thematic area. Participation in meetings is open to members only.

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AKMI Statistics - 31st March 2008

  • Number of MicroFinancing Institutes - 27
  • Outreach in Karnataka (Number of poor & low income households) - 2,169,065
  • Cumulative Disbursement - Rs. 2395.16 Cr.
  • Principle Out Standing - Rs. 1092.35 Cr.

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Mission Statement
To build the field of community development finance in Karnataka, to help its members and associate institutions to better serve low-income households, particularly women, in both rural and urban Karnataka and India, in their quest for establishing stable livelihoods and improving their quality of life.

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