In 2008, at the age of 45, Sudha was at a crossroad in her career. She
was looking to do something in the social sector. And then Ujjivan
happened. A microfinance company promoted by former banker
Samit Ghosh, Ujjivan, set about a revolution in India. Around that
time, another visionary leader, P N Vasudevan set up Equitas. The
two had similar intentions: to finance low-income people. Their
companies had similar growth paths, and currently, both Equitas
and Ujjivan have cut it big in the field.
Samit Ghosh was a role model. Together as a team, Samit, Sudha and
others built Ujjivan as one of the finest microfinance institutions.
For her efforts, she rose to become its Managing Director and CEO.
But we are getting ahead of the story
The story begins in Nasik, Maharashtra, in 1963.
That year, in America, Martin Luther King Jr. delivered his famous “I
Have a Dream” speech. It ignited minds in the land of opportunities.
In the same year, debonair president John F Kennedy criminalized
gender disparity by mandating equal pay for equal work.
In December, in Nasik, Shakunthala delivered her fourth child,
Sudha. To the caretaker who remarked, “Oh! A girl again?” the
mother proudly said, “So what? I will have the joy of making many
beautiful dresses for her.” Sanjeevi Rao, who had a transferable
central government job, was the proud father. Did the duo guess
the heights their daughter would scale in the years ahead? Maybe.
Or, may not be.