Village Financial Services of Kolkata-based microfinance company has begun operations in Jharkhand.
Its first branch has been opened in Pakur district. It will provide micro lending services to poor women residing in the district.
According to a release issued by the company, it plans to raise its customer base from 135,000 to 170,000 poor households by the end of fiscal year 2015-2016.
Village Financial Services Pvt Ltd is a microfinance company registered as an NBFC under Reserve Bank of India. It had started microfinance operations in 2005-06.