Creating a bridge between banks and the poor.

Vaya charges customers 24% for loans. This rate allows Vaya to cover the cost of debt capital from banks (average rate of 12%) and the high cost of delivering and servicing small loans (average cost of 10%). Even at interest rates of 24%, our customers earn significant profits because there are high returns on micro-enterprises.

Impact assessments have demonstrated that micro-loans for income-generating activities improve people's lives by increasing their incomes.

5,32,273
Customers as of August 31, 2018
928 crore
($131 million USD) Loan Portfolio as of August 31, 2018

Poverty

India has experienced tremendous growth in the past two decades, but poverty remains, especially in rural areas. An estimated 30% of Indians live below the poverty line of less than $2 per day.

Self-Employment

The majority of Indian workers are self-employed, mostly in rural areas because there are not enough salaried jobs. They subsist as small farmers, raise livestock, work as petty traders or engage in a variety of village crafts such as pottery, weaving, or carpentry.

Discover Vaya’s impact by rolling over a region on the map.

India-States

Andaman and Nicobar Islands

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Andhra Pradesh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Arunachal Pradesh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Assam

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Bihar

  • Customers

    121,230

  • Villages

    5,627

  • Loan Portfolio

    ₹ 255 crore $ 36.1 million

Chandigarh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Chhattisgarh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Dadra and Nagar Haveli

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Daman and Diu

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Goa

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Gujarat

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Haryana

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Himachal Pradesh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Jammu and Kashmir

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Jharkhand

  • Customers

    96,075

  • Villages

    3,785

  • Loan Portfolio

    ₹ 179 crore $ 25 million

Karnataka

  • Customers

    52,140

  • Villages

    2,474

  • Loan Portfolio

    ₹ 91 crore $ 12.8 million

Kerala

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Lakshadweep

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

National Capital Territory of Delhi

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Madhya Pradesh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Maharashtra

  • Customers

    61,074

  • Villages

    2,459

  • Loan Portfolio

    ₹ 97 crore $ 13.7 million

Manipur

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Meghalaya

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Mizoram

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Nagaland

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Odisha

  • Customers

    199,918

  • Villages

    7,940

  • Loan Portfolio

    ₹ 303 crore $ 42.8 million

Punjab

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Rajasthan

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Sikkim

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Tamil Nadu

  • Customers

    723

  • Villages

    45

  • Loan Portfolio

    ₹ 2 crore $ 0.3 million

Telangana

  • Customers

    1,113

  • Villages

    59

  • Loan Portfolio

    ₹ 1.4 crore $ 0.2 million

Tripura

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Uttar Pradesh

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Uttarakhand

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

West Bengal

  • Customers

    0

  • Villages

    0

  • Loan Portfolio

Vaya charges customers 24% for loans. This rate allows Vaya to cover the cost of debt capital from banks (average rate of 12%) and the high cost of delivering and servicing small loans (average cost of 10%). Even at interest rates of 24%, our customers earn significant profits because there are high returns on micro-enterprises.