Poverty in India

India has tremendous poverty, and most Indians are self-employed—running small businesses such as farming, raising livestock or engaging in a variety of village crafts such as pottery, weaving, 
or carpentry.

The Need for Finance

If self-employed Indians had access to finance, they could expand or start new businesses and earn more income. But low-income people typically do not have the credit history or collateral to access loans from banks.

Loans for Income-Generation

To help meet the huge need for finance, Vaya provides unsecured loans to women through a peer-group lending model. Members of the group serve as guarantors for each other.

Vaya provides loans to poor women to build and expand small businesses.