City-based Village Financial Services today announced commencement of its operation in Assam to tap opportunities available in the Northeast.
The company in a statement said that its first branch in Assam and 103rd overall had been opened in Dhubri district.
It would be a full-service rural branch providing micro-lending services. The company plans to expand in other Northeastern states as well to reach out to rural women.
The company also aims to raise its customer base from 145000 to 200000 poor households by the end of fiscal year 2014-15, the company said.