Village Financial, one of the fastest-growing non-banking financial companies (NBFCs) in India, has set an ambitious target of disbursing ₹1,500 crore in the financial year 2018-19 (FY19). The company aims to achieve this milestone by expanding its customer base, enhancing its loan offerings, and strengthening its presence in rural and semi-urban areas.
With a strong focus on financial inclusion, Village Financial is working towards empowering small businesses, farmers, and self-employed individuals by providing easy access to credit. This move is expected to drive growth in rural economies and contribute to India’s overall economic development.
Expanding Loan Disbursements Across Sectors
Village Financial has been steadily increasing its loan disbursements over the past few years. In FY18, the company achieved a significant disbursement figure, and with the current market demand, it is now aiming to cross the ₹1,500 crore mark in FY19.
The company’s loan portfolio includes:
- Microfinance Loans – Supporting small businesses and entrepreneurs.
- Agricultural Loans – Helping farmers purchase seeds, equipment, and other essentials.
- Small and Medium Enterprise (SME) Loans – Providing funds for business expansion.
- Two-Wheeler and Vehicle Loans – Enabling easy vehicle ownership.
By focusing on these segments, Village Financial is ensuring that credit reaches those who need it the most, boosting economic activity in underserved regions.
Strategic Expansion and Growth Plans
To meet its ₹1,500 crore disbursement target, Village Financial is expanding its reach across India. The company is setting up new branches in tier-2 and tier-3 cities while strengthening its digital lending platform for faster loan approvals.
Key Strategies for Growth:
- Expanding Branch Network – Increasing physical presence in rural and semi-urban areas.
- Enhancing Digital Lending – Simplifying the loan process through technology.
- Strengthening Partnerships – Collaborating with fintech companies and local lenders.
- Customised Loan Products – Introducing flexible repayment options for borrowers.
With these strategies, Village Financial aims to improve financial accessibility and serve more customers efficiently.
Boosting Financial Inclusion in Rural India
A major focus of Village Financial is to bridge the financial gap in rural India. Many small businesses and farmers struggle to access credit due to traditional banking challenges. By offering easy and quick loan approvals, the company is playing a crucial role in rural financial empowerment.
Moreover, Village Financial is educating people about financial management, ensuring responsible borrowing and timely repayments. This initiative is expected to reduce dependency on informal money lenders who often charge high-interest rates.
Market Trends and Industry Outlook
India’s NBFC sector is witnessing rapid growth, driven by increasing demand for credit among small businesses and rural customers. According to industry reports, the total loan disbursements by NBFCs are projected to grow significantly in the coming years.
Village Financial is well-positioned to leverage this opportunity with its strong business model and customer-focused approach. By adapting to evolving market needs and embracing digital transformation, the company is expected to achieve its FY19 target and continue its growth trajectory.
With a clear vision and strong expansion plans, Village Financial is on track to achieve ₹1,500 crore in disbursements in FY19. By focusing on rural financial inclusion, digital lending, and strategic partnerships, the company is not only strengthening its market position but also contributing to India’s economic progress.
As NBFCs continue to play a vital role in bridging the credit gap, Village Financial’s ambitious growth strategy is expected to make a significant impact, empowering individuals and businesses across the country.
