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.
Creating a bridge between banks and the poor.
Impact assessments have demonstrated that micro-loans for income-generating activities improve people's lives by increasing their incomes.
4,89,259
Customers as of 31 March 2022
1,202 crore
($158 million USD) Loan Portfolio as of 31 March 2022
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.
Andaman and Nicobar Islands
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Customers
0
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Districts
0
-
Branches
0
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Loan Portfolio
Andhra Pradesh
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Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
Arunachal Pradesh
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Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
Assam
-
Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
Bihar
-
Customers
169,504
-
Districts
25
-
Branches
65
-
Loan Portfolio
₹ 434 crore $ 57.2 million
Chandigarh
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Chhattisgarh
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Dadra and Nagar Haveli
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Customers
0
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Districts
0
-
Branches
0
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Loan Portfolio
Daman and Diu
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Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
Goa
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Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
Gujarat
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Haryana
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Himachal Pradesh
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Jammu and Kashmir
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Jharkhand
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Customers
30,116
-
Districts
12
-
Branches
28
-
Loan Portfolio
₹ 89 crore $ 11.7 million
Karnataka
-
Customers
74,562
-
Districts
13
-
Branches
39
-
Loan Portfolio
₹ 198 crore $ 26.1 million
Kerala
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Lakshadweep
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Customers
0
-
Districts
0
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Branches
0
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Loan Portfolio
National Capital Territory of Delhi
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Customers
0
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Districts
0
-
Branches
0
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Loan Portfolio
Madhya Pradesh
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Maharashtra
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Customers
4,128
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Districts
1
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Branches
5
-
Loan Portfolio
₹ 3 crore $ 0.4 million
Manipur
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Customers
0
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Districts
0
-
Branches
0
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Loan Portfolio
Meghalaya
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Customers
0
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Districts
0
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Branches
0
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Loan Portfolio
Mizoram
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Customers
0
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Districts
0
-
Branches
0
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Loan Portfolio
Nagaland
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Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
Odisha
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Customers
28,788
-
Districts
17
-
Branches
44
-
Loan Portfolio
₹ 97 crore $ 12.8 million
Punjab
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Rajasthan
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Sikkim
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Tamil Nadu
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Customers
131,850
-
Districts
16
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Branches
55
-
Loan Portfolio
₹ 252 crore $ 33.2 million
Telangana
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Tripura
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Customers
0
-
Districts
0
-
Branches
0
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Loan Portfolio
Uttar Pradesh
-
Customers
50,311
-
Districts
7
-
Branches
30
-
Loan Portfolio
₹ 128 crore $ 16.9 million
Uttarakhand
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Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
West Bengal
-
Customers
0
-
Districts
0
-
Branches
0
-
Loan Portfolio
How Surekha became a respected businesswoman
Armun's Entrepreneurial Journey
Balamani's first steps to a better life
Kavita's journey to a successful flower business
Kavita provides flowers and garlands for weddings, housewarming ceremonies and other functions. She took a loan through Vaya Finserv and increased her harvest and profits. With half her loan repaid, Kavita talks about her experience and hopes for the future.
Sangeetha's quest for independence and a higher income
Sangeetha has been rolling beedis for 20 years, but she was losing Rs. 50 of potential income every day because she couldn't afford to buy her own leaves. With Vaya's help, she's taken a step closer to independence.
Subbamma's route to a bumper harvest
Subbamma is a 35-year old sugarcane farmer who took it upon herself to form a 'sangam' - a group of women - so that they could all benefit from microloans. In 2015, she took a two-year loan from YES Bank through Vaya Finserv to increase her harvest. With the loan period drawing to a close, she tells us about her experience.
Gaya Devi's route to independence
Assisted by Vaya in starting her puffed rice business, Gaya Devi has found a way to be fiscally independent and stand on her own two feet. Here, she describes her experience.
Armun's entrepreneurial journey
Armun runs an embroidery business with her husband. They do intricate "zari" work on vivid saris. With Vaya's help, she bought materials and paid an artisan. Now that she has repaid her loan, she wants a second one to hire more artisans and increase production. She has five beautiful daughters whose future she wants to secure.
Balamani's first steps towards a better life
Balamani and her husband took out a loan of INR 60,000 for their daughter's wedding. Her husband is working off the debt with their creditor; an entire year's salary will go towards repayment. Balamani, meanwhile, washes clothes, takes up agricultural work and sundry small jobs to help out. With a loan from Vaya, Balamani bought a buffalo, and with it, a steady supplement to her income. With only a few months left until their debt is cleared, Balamani describes her experience with the loan and her aspirations for the future - she wants to run a dairy farm, turning that steady trickle of income into a viable, reliable business.
How Surekha became a respected businesswoman
When Surekha lost her husband to suicide 10 years ago, the care of their four children fell entirely on her vulnerable shoulders. With no business or work experience, it was difficult to find a lender who had faith in her ability to repay. But Surekha had faith in herself. With the help of Vaya's loan, she bought goats and became a goat farmer, learning about business and the management of money on the way. This is the story of her courage, resilience and optimism in the face of tragedy.
Shahana's roadmap to a bigger business and a brighter future
Shahana found her first loan from Vaya so useful to her business (apart from making flutes, she was able to help her son set up a mobile shop) that she took another loan soon after repaying her first one. 4 instalments into the repayment cycle of her second loan, she explains how she uses the loan money and what she hopes to gain for her business and her children.
Annapurna weaves her way to brighter pastures
Annapurna is a smiling young lady of very modest means. Every day, she weaves and sells towels. With Vaya's help, she was able to procure material in bulk. For her family, she dreams of owning a refrigerator, a grinder and her own home. For herself, she dreams of travelling, starting with Puri and Konark. Like so many of our customers, she is willing to work hard for a better future.
Sushama crafts a bigger business
Sushama is a quiet lady who has honed her expertise in the colourful craft of painted wooden idols of the famous Puri Jagannath deity. Her aspirations are simple and universal: a flourishing business and a better quality of life for herself and her family. With Vaya's loan, she can begin to lay the practical groundwork for the expansion of her business.
Sangamitra Jayamma
Through her job with Vaya as a field credit officer, Jayamma is able to both help support her family, and give the women in her community the financial support they deserve. She is an independent woman who takes pride in her work and is touched by the affection and respect customers show her.
Kavita's journey to a successful flower business
Kavita provides flowers and garlands for weddings, housewarming ceremonies and other functions. She took a loan through Vaya Finserv and increased her harvest and profits. With half her loan repaid, Kavita talks about her experience and hopes for the future.
Sangeetha's quest for independence and a higher income
Sangeetha has been rolling beedis for 20 years, but she was losing Rs. 50 of potential income every day because she couldn't afford to buy her own leaves. With Vaya's help, she's taken a step closer to independence.
Subbamma's route to a bumper harvest
Subbamma is a 35-year old sugarcane farmer who took it upon herself to form a 'sangam' - a group of women - so that they could all benefit from microloans. In 2015, she took a two-year loan from YES Bank through Vaya Finserv to increase her harvest. With the loan period drawing to a close, she tells us about her experience.
Gaya Devi's route to independence
Assisted by Vaya in starting her puffed rice business, Gaya Devi has found a way to be fiscally independent and stand on her own two feet. Here, she describes her experience.
Armun's entrepreneurial journey
Armun runs an embroidery business with her husband. They do intricate "zari" work on vivid saris. With Vaya's help, she bought materials and paid an artisan. Now that she has repaid her loan, she wants a second one to hire more artisans and increase production. She has five beautiful daughters whose future she wants to secure.
Balamani's first steps to a better life
Balamani and her husband took out a loan of INR 60,000 for their daughter's wedding. Her husband is working off the debt with their creditor; an entire year's salary will go towards repayment. Balamani, meanwhile, washes clothes, takes up agricultural work and sundry small jobs to help out. With a loan from Vaya, Balamani bought a buffalo, and with it, a steady supplement to her income. With only a few months left until their debt is cleared, Balamani describes her experience with the loan and her aspirations for the future - she wants to run a dairy farm, turning that steady trickle of income into a viable, reliable business.
Shahana's roadmap to a bigger business and a brighter future
Shahana found her first loan from Vaya so useful to her business (apart from making flutes, she was able to help her son set up a mobile shop) that she took another loan soon after repaying her first one. 4 installments into the repayment cycle of her second loan, she explains how she uses the loan money and what she hopes to gain for her business and her children.
How Surekha became a respected businesswoman
When Surekha lost her husband to suicide 10 years ago, the care of their four children fell entirely on her vulnerable shoulders. With no business or work experience, it was difficult to find a lender who had faith in her ability to repay. But Surekha had faith in herself. With the help of Vaya's loan, she bought goats and became a goat farmer, learning about business and the management of money on the way. This is the story of her courage, resilience and optimism in the face of tragedy.
Annapurna weaves her way to brighter pastures
Annapurna is a smiling young lady of very modest means. Every day, she weaves and sells towels. With Vaya's help, she was able to procure material in bulk. For her family, she dreams of owning a refrigerator, a grinder and her own home. For herself, she dreams of travelling, starting with Puri and Konark. Like so many of our customers, she is willing to work hard for a better future.
Sushama crafts a bigger business
Sushama is a quiet lady who has honed her expertise in the colourful craft of painted wooden idols of the famous Puri Jagannath deity. Her aspirations are simple and universal: a flourishing business and a better quality of life for herself and her family. With Vaya's loan, she can begin to lay the practical groundwork for the expansion of her business.
Sangamitra Jayamma
Through her job with Vaya as a field credit officer, Jayamma is able to both help support her family, and give the women in her community the financial support they deserve. She is an independent woman who takes pride in her work and is touched by the affection and respect customers show her.