Unitus Labs is an American
microcredit
Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically do not have access to traditional banking services due to a lack of collateral (finance), collateral, steady employment, and a verifiable credi ...
organization that worked to provide credit lines to aid in development, especially in India. It is structured as a non-profit. Unitus largely works as a consultant organization, working with other organizations that are microcredit providers.
It was the successor of Unitus Inc. and was heavily involved with
SKS Microfinance. It is headquartered in
Seattle, Washington
Seattle ( ) is the List of municipalities in Washington, most populous city in the U.S. state of Washington (state), Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the List of Unit ...
with office in
Bengaluru
Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...
, India.
History
It was originally organized in 2001.
In 2010, they also helped launch Patamar Capital (formerly known as Unitus Impact) to invest in companies to increase incomes and improve the lives of low-income communities in South and Southeast Asia using innovative business models.
In 2011, they launched
Unitus Seed Fund
Unitus Seed Fund (now Unitus Ventures) is a venture fund based in Bangalore and Seattle that supports early-stage tech startups with India scale and global potential. It funds early-stage Indian technology startups, primarily in the healthcare, ...
which works to back businesses in India, one of which is a school system providing education to the rural poor in India.
References
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External links
Unitus Labs, websiteNon-profit kingdom article on Unitusarticle on UnitusSocial Enterprise Buzz article on Unitus Seed Fund
Organizations established in 2001
Microfinance organizations
Organizations based in Seattle