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Vikram Akula is the Founder and CEO of SKS Microfinance Private
Limited.
The 2006 India Social Entrepreneur of the Year award was presented
to him on behalf of the Schwab Foundation for Social
Entrepreneurship.
In 2006, Vikram was named by TIME Magazine as one of
the world's 100 most influential people and has been featured on
the front page of the Wall Street Journal.
Based in Hyderabad, Andhra
Pradesh, SKS Microfinance applies global business practices to the
field of microfinance.
The company has been hailed as the 'Starbucks of Microfinance' for
adopting global best practices, standardizing microfinance processes
and using technology to accelerate growth.
Said Akula after receiving his award: "This is a great affirmation
for the microfinance movement.
It is a great affirmation of social entrepreneurship. This is not
just an award for SKS Microfinance; it is an award for the poor
and an acknowledgement of their entrepreneurial spirit."
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