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GV Press Release in Microfinance Focus... Click Here             A Tamil Nadu MFI Gets $4.25M From MicroVest, UEF, Vinod Khosla Click Here            Grama Vidiyal raises over USD 4 million of equity capital, the first equity investment in India in 2009… Click Here
 



Grama Vidiyal is a microfinance institution that provides collateral-free loans to women without access to formal credit, thus facilitating the economic, social and political empowerment of these women and their families.

It has been in existance as a Public Charitable Trust since 1996. It received the Non Banking Financial Company Licence in February 2007 and transformed itself in January 2008.

 

  Branches     155
Members   451,279
Women   100%
Loan Disbursed   1,839,025
Amount Disbursed   9,513.2 millions (INR)
198.56 millions (USD)
Amount Outstanding   2,016.07 millions (INR)
42.08 millions (USD)
Repayment Rate   99.96%
         
Data as on May, 2009 .
 
Copyright © 2009 Grama Vidiyal Micro Finance (P) Ltd. All rights reserved