The
Company plans to continue with its expansion policy, as
our Vision is to provide microfinance facilities to significant
numbers of BPL women in eastern UP and Bihar. As we are
projected to break-even financially by 31 March 2008, however,
no new Districts will be opened this year. Rather the emphasis
will be on vertical expansion of outreach within the 15
existing Districts. The cumulative Active Loan Client Target
for the Fiscal is 408200, and the Portfolio target is Rs.
2,192,155,331
with 67% of it on our own books and 33%
managed for banks under Partnership.
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