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SKS Microfinance to empower employees through Adrenalin Human Capital Alignment software Chennai, 28th April 2008

Swayam Krishi Sangam (SKS) Microfinance Private Limited, the winner of the Grameen Foundation USA (GFUSA)’s Microfinance Practitioner Award for Excellence is a leading microfinance institution from Hyderabad. The company’s mission is to empower poor women to become economically self reliant. While the work is challenging, in a collegial work environment and with attractive opportunities for long-term growth, SKS understands the importance of energetic, informed and dedicated professionals at all levels of the cadre. However, achieving this in a distributed environment is quite a challenge. SKS has chosen Adrenalin – Human Capital Management software as its preferred partner to accomplish this task at the administrative and strategic levels. This will be done through the deployment of the entire suite of modules covering every aspect of the employee life cycle within the company.

Launched in 1998, SKS Microfinance is one of the fastest growing microfinance organizations in the world, having provided over $579 million (Rs 2313 crores) and has maintained loans outstanding of $263 million (Rs 1053 crores) in loans to 1,879,258 women members in poor regions of India. Borrowers take loans for a range of income-generating activities, including livestock, agriculture, trade (such as vegetable vending), production (from basket weaving to pottery) and new age businesses (Beauty Parlor to photography). SKS also offers interest-free loans for emergencies as well as life insurance to its members. Its NGO wing SKS foundation runs the Ultra Poor Program. SKS currently has 771 microfinance branches in 15 states across India. SKS aims to reach 4,000,000 members by 2009. In the last year alone, SKS Microfinance has achieved nearly 170 % growth, with 99% on-time repayment rate.

About Adrenalin eSystems Limited:
Adrenalin systems Limited are the creators of India's most Popular Human Capital Alignment Software:Adrenalin The product empowers people to multiply their performance dramatically through a web-based software product. Adrenalin transforms people and working, departments and mind-sets, productivity and profits. Business leaders can now seamlessly align human resources with business results. Enter a fast and simple world of intelligent working with real-time information sharing. Get transformed, now. For more information on Adrenalin eSystems Limited. and Adrenalin – Human Capital Alignment Software, call or write to Vaishakh Kelkar at: +91 (44) 28524154, extn: 5359,
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