Commitment to Action

YES Microfinance India (YMI)

Commitment by

YES Bank Limited

In 2007, YES Bank Limited in partnership with ACCION International committed to create equal financial opportunities and enable financial inclusion by providing easy access to fairly-priced, transparent, and suitable financial products and services coupled by adequate financial education to un-banked and under-banked, low-income communities across urban and rural India. Now renamed YES Sampann (YS), the program stands out for its focus on urban poverty using individual lending methodology in a market that has largely been about group lending to rural women. The primary focus of the program will be on economically active, self-employed residents of urban Mumbai and the surrounding semi-urban and rural areas of the state of Maharashtra.

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Overview
Summary

Commitment

YES Microfinance India (YMI)

Launched

2007

Est. Duration

5 years

Region

Asia

Countries

India

Commitment by

YES Bank Limited

Partner(s)

ACCION International