What does SKS do besides distribute loans?
Through its distribution network, SKS also distributes and administersmicro-insurance to the poor as well as financing for other goods and services that can help them fight poverty. We work with Indian insurer Bajaj Allianz to offer life insurance to our borrowers, and with Nokia and Airtel to help borrowers finance mobile phones. SKS is working with Metro, the German wholesaler, to help finance quality inventory for the small shops of our borrowers so poor people can access quality goods at lower prices. We are piloting housing loans with technology and financial assistance from HDFC and have also piloted financing of water purifiers and solar lamps.
