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SKS Microfinance raises $11,500,000

March 30, 2007
 VCA Theme: Personal Loans

SKS Microfinance, a fast-growing microfinance institution in India gets $11.5 million investment SKS is scaling the microfinance business, which typically involves very small loans to help the poor create wealth, by relying on a for-profit model to access capital, using technology to overcome high delivery costs and adopting time-tested business practices to spur growth.