Creating a bridge between banks and the poor.

Vaya lends at 22.75% for its own book. 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 22.75%, 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.

6,35,721
Customers as of September, 2020
1145 crores
($155 million USD) Loan Portfolio as of September, 2020

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 state on the map (as of September, 2020)

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

    218,026

  • Villages

    6,412

  • Loan Portfolio

    ₹ 342 crores $ 46.6 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

    78,376

  • Villages

    4,156

  • Loan Portfolio

    ₹ 130 crores $ 17.7 million

Karnataka

  • Customers

    54,882

  • Villages

    2,722

  • Loan Portfolio

    ₹ 84 crores $ 11.4 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

    52,277

  • Villages

    2,220

  • Loan Portfolio

    ₹ 78 crores $ 10.7 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

    139,528

  • Villages

    7,824

  • Loan Portfolio

    ₹ 285 crores $ 38.7 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

    92,632

  • Villages

    2,758

  • Loan Portfolio

    ₹ 225 crores $ 30.6 million

Telangana

  • Customers

    1,339

  • Villages

    59

  • Loan Portfolio

    ₹ 2.6 crore $ 0.4 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 is now a Certified B Corporation

Vaya is now part of Certified B Corporation community, a global movement of people using business as a force for good. We are certified for meeting the highest standards of overall social and environment performance, transparency and accountability.