Unitus, a non-profit consultancy and venture capital firm, has announced three new microfinance institutions (MFIs) in India which it will bring under its wing as partners. By doing so Unitus will provide consultancy advice and financial support, aiming to accelerate the growth of each organisation, and by 2010 expects them to collectively serve more than 650,000 clients; a combined growth of nearly 1000%. Unitus partners are selected for their operational strength, growth strategies and leadership vision. Geof Davis, president and CEO of Unitus, has said that Adhikar, the Institute of Integrated Resource Management (IIRM), and Vardan Trust have all been chosen as they “embrace our philosophy of rapid, high impact growth.”
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