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
  126
 
  Members
  334,826
 
  Women
  100%
 
  Loan Disbursed
  1,370,001
 
  Amount Disbursed

  6,764 millions (INR)
136.83
millions (USD)
 
  Amount Outstanding

  1,346.5 millions (INR)
27.29
millions (USD)
 
  Repayment Rate   99.54%  
Data as on October 2008
 
 
 
Copyright © 2008 Grama Vidiyal Micro Finance (P) Ltd. All rights reserved