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
  127
 
  Members
  342,691
 
  Women
  100%
 
  Loan Disbursed
  1,422,885
 
  Amount Disbursed

  7,096.8 millions (INR)
144.40
millions (USD)
 
  Amount Outstanding

  1,448.5 millions (INR)
29.40
millions (USD)
 
  Repayment Rate   99.55%  
Data as on November 2008
 
 
 
Copyright © 2008 Grama Vidiyal Micro Finance (P) Ltd. All rights reserved