Kredits Enlists Microfinance Professionals to Lead Expansion of MFI Client Services Teams in Asia and Europe
Kredits Enlists Microfinance Professionals to Lead Expansion of MFI Client Services Teams in Asia and Europe Industry pioneer enriching local client service and business process engineering capabilities to meet growing demand for its state-of-the-art microfinance technologies in Asia and Eastern Europe. SALT LAKE CITY, UT – June 2, 2011 -- Kredits, a leading provider of technology solutions for microfinance institutions (“MFIs”), announced today that microfinance industry veterans Vikas Jhunjhunwala and Zoran “Hans” Novakovic will spearhead the expansion of the company’s regional client service and business process engineering teams in Asia and Europe. Committed to complete client satisfaction, Kredits’ regional teams are comprised of industry experts who ensure the successful implementation and on-going performance of every Kredits MFI technology solution. “Kredits is extremely pleased that Vikas and Hans, two highly-experienced MFI industry professionals, have joined our global team and will be leading Kredits’ client service operations in Asia and Europe,” said Don Eggert, CEO and Co-Founder of Kredits. “These two important regions support a growing community of microfinance institutions dedicated to bringing critical financial services to the poor. The addition of Vikas and Hans further demonstrates our commitment to supporting the needs of our MFI clients in these regions.” Mr. Jhunjhunwala, previously a senior member of the Unitus team, is a 15 year IT industry veteran with extensive microfinance experience. He has successfully led numerous MFI projects in India, Africa, and Southeast Asia. Mr. Jhunjhunwala will lead Kredits’ client service team in Asia and will be headquartered in India. Mr. Novakovic has over 10 years of experience in the microfinance industry working with Vision Fund, Microcred Group, and the International Rescue Committee on successful technical consulting and technology related assignments in Europe, Central Asia, Africa, and South East Asia. Mr. Novakovic will lead Kredits’ client service team in Europe and will be headquartered in Serbia. Kredits is internationally recognized for the outstanding scalability and reliability of its MFI technology and business process engineering solutions, as well as its unique ability to conform to any MFI’s unique set of operating requirements. With the enrichment of its Asian and Eastern European client service teams, Kredits further strengthens the personalized delivery and servicing of its state-of-the-art MFI solutions throughout these regions. About Kredits Microfinance Established in 1998, Kredits is a premier technology solution provider to microfinance institutions worldwide. With an outstanding implementation record and a proven ability to support microfinance efforts in multiple regulatory environments, Kredits has been successfully implemented by MFIs in 30 countries across 5 continents. For more information visit Kredits at www.kredits.com. # # # Kredits Contacts: Vikas Jhunjhunwala, Chief Consultant, Asia Zoran Hans Novakovic, Senior Consultant, Europe Tel No: + 1 801 252 5282 info@kredits.com Media Inquiries: Tipling Witsman, Marketing Manager Tel No: + 1 801 252 5282 press@kredits.com
Kredits sponsors the MFC 2011 Conference in Prague
May 24th, 2011
Kredits participated at the recent Micro Finance Center's 2011 Annual Conference, held in Prague, as a major sponsor. Kredits presented our innovative technology solutions as well as the on-going development of exciting, new technologies aimed at bringing greater efficiency, empowerment and extended outreach for microfinance institutions. In addition, Don Eggert, CEO of Kredits, presented a detailed insight at the conference into the role that well designed and correctly implemented technology solutions play to proactively identify and manage risks inherent within microfinance business operations.
KREDITS RECEIVES USD $4.5M INVESTMENT TO DEVELOP NEW MICROFINANCE TECHNOLOGIES AND EXPAND GLOBAL PRESENCE
Industry pioneer will accelerate delivery of state-of-the-art microfinance technologies to meet growing demand for affordable and scalable microfinance solutions.
SALT LAKE CITY, UT -- March 15, 2011 -- Kredits, a leading provider of technology solutions for microfinance institutions (“MFIs”), today announced it has received a USD $4.5 million investment from Sophia ApS, a Danish investment vehicle. Kredits will use the investment to accelerate delivery of new technologies and expand its global client services presence.
Since 1998, Kredits has been at the forefront of delivering robust, state-of-the-art, and cost-effective technology solutions for the microfinance industry. Kredits has successfully partnered with MFIs in 30 countries across five continents.
“Our innovative and highly-customizable technology solutions have already helped many of the world’s most successful MFIs build scalable and sustainable microfinance operations. Through close collaboration with our MFI partners, we are proud that every Kredits implementation has been completed on-time and on-budget,” said Don Eggert, CEO and co-founder of Kredits.
“We are excited about our partnership with Shailendra Robin Patel, Founder of Sophia ApS, who helped build Saxo Bank into one of the world’s leading online financial institutions,” Mr. Eggert added. “Robin’s experience in building successful, scalable financial services will strengthen our ability to meet growing demand for business driven solutions. Our commitment is to help MFIs accelerate their outreach in providing financial services to the world’s poor on an affordable basis.”
Kredits is internationally recognized for the outstanding scalability and reliability of its technology solutions, and its ability to conform to any MFI’s unique set of operating requirements. An acknowledged industry leader, Kredits was one of the first solution providers to support the Grameen models and all principal forms of microcredit, savings, insurance and livelihood financing.
Kredits will present its solutions at the Microfinance Centre Annual Conference in Prague on May 18-20, 2011.
About Kredits Microfinance
Established in 1998, Kredits is a premier technology solution provider to microfinance institutions worldwide. With an outstanding implementation record and a proven ability to support microfinance efforts in multiple regulatory environments, Kredits has been successfully implemented by MFIs in 30 countries across 5 continents. For more information visit Kredits at www.kredits.com.