Youth Volunteer’s Union (YVU) Financial Services is a finance company that offers financial aid to women in India to enhance their socio-economic status in the country. The company is based in Manipur.
YVU Microfin is a microfinance unit of YVU. It is a trust registered under Indian Trust Act 1882. YVU commenced its microfinance operation as ‘Women Credit and Thrift Project (WCTP)’ in Manipur on 2nd October, 1996 under the leadership of Akoijam Tikendrajit Singh, with a capital of Rs. 35,000 and small grant assistance from Evangelische Zentralstelle (EZE), Germany. Since the inception of YVU, it has undertaken many grant-based projects. However YVU has identified credit as a better tool for improving the economic condition of downtrodden people as well as sustainability of YVU.The Company offers various kinds of loan products.
It is a group plan where in finance is granted for income generation purposes to ensure that the customer can stand on their own feet financially. Listed below are some of the features of this group plan.
This loan plan is an individual loan plan wherein finance is provided for an individual for income generation purposes. Listed below are some of the important features of the product.
This personal loan is offered by YVU for individuals for personal purpose. The loan amount granted can be used for personal expenditures. Listed below are the features of the plan.
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