Dia Vikas Capital

In April 2008, Opportunity International Australia and Progressive Media Vision Pvt. Ltd came together to launch a Pan India microfinance initiative. The initiative had the mandated objective of lifting 2.5 million families in India, out of the poverty by the year 2020.

This initiative is a subsidiary of Opportunity International Australia, Dia Vikas Capital, and is a social investor into the Indian microfinance sector. They provide ‘risk capital’ on our behalf and support innovative and creative ways to serve the poorest, most disadvantaged areas and clients, working in areas that other microfinance and enterprise development providers are not currently serving and are unwilling to serve in the future.

They have five key areas which they specialise in:
 

• Providing equity and quasi equity funding to our partners
• Providing world class technical and operational support
• Investing in the leadership and developing strong relationship with the Boards and management of our partners
• Encouraging our partners to transform into better regulated entities    
• Governance

Dia Vikas Capital is led by microfinance specialist KC Ranjani. Ranjani is a financial services and development specialist with over 20 years of direct implementation and field experience in microfinance. Her experience includes policy development, risk management, market development and managing the conversion of MFIs from non-government organisations into sustainable formal financial institutions.

Most recently, Ranjani was the Senior Microfinance Specialist at MicroSave and has been a Board member of a number of leading microfinance institutions (MFIs) in India. She also held a number of senior management positions at leading MFIs in India.

For more information on Dia Vikas Capital, please visit www.dia-vikas.org