Vikram Akula's SKS Microfinance Pvt. Ltd.: The Making Of A Successful Microfinance Institution
"Vikram Akula (Akula), the founder of one of the world's fastest growing microfinance institution (MFI), SKSMicrofinance Private Limited (SKS), was recognized by the Time magazine in its list of 100 'people who shape our world' in 2006. For Akula, who had left his job as a consultant at McKinsey to start SKS in India, the honor came as recognition for the work done by SKS in providing microfinance to the poor in India, a country which is reported to have the highest number of operating MFIs. Akula has been in the forefront of transforming MFIs in India from being niche businesses or charities into a serious and viable business sector."