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.

2,52,771
Customers as of March 31, 2017
376 crore
($65 million USD) Loan portfolio as of March 31, 2017

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

    4,052

  • Villages

    103

  • Loan Portfolio

    ₹ 11.1 crore $ 1.7 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

    20,864

  • Villages

    671

  • Loan Portfolio

    ₹ 43.6 crore $ 6.8 million

Karnataka

  • Customers

    43,435

  • Villages

    1,530

  • Loan Portfolio

    ₹ 44.4 crore $ 6.9 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

    48,901

  • Villages

    2,095

  • Loan Portfolio

    ₹ 49 crore $ 7.6 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

    134,263

  • Villages

    3,014

  • Loan Portfolio

    ₹ 226 crore $ 35 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

    0

  • Villages

    0

  • Loan Portfolio

Telangana

  • Customers

    1,256

  • Villages

    51

  • Loan Portfolio

    ₹ 2 crore $ 0.3 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.