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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

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Kredits Contacts: 

Vikas Jhunjhunwala, Chief Consultant, Asia

Zoran Hans Novakovic, Senior Consultant, Europe

 Tel No: + 1 801 252 5282


Media Inquiries:

Tipling Witsman, Marketing Manager

Tel No: + 1 801 252 5282