Region of operation
Karnataka, Maharashtra, Tamil Nadu
Avalahali JP Nagar-9th Phase Banglore Country: India Zip: 560026
Grameen Koota, was born out of the need for timely and affordable credit to India's poor and low-income households. It offers collateral-free loans as well as other services to women from poor and low-income households. Creation of equal opportunities and inclusive development of both urban and rural poor is what inspires GK to strive ahead. These loans help the clients raise their standard of living and consequently help break themselves and their families out of poverty. Grameen Koota steadily groomed a class of mature and financially literate women entrepreneurs, who began to outgrow the group lending model.
Key product / Service
Credit, Insurance, pension, workshops, healthcare programs
More than 500
Number of beneficiaries
Awards and recognition
Funding and Operating Model
Higher than Series B
Total funding raised
Grameen Koota Financial Services Pvt. Ltd. (GKFSPL) is a registered non-banking financial company (NBFC-MFI) actively engaged in the microfinance sector. Its services are focused towards the rural poor and low income households particularly women.
Partners and key clients
Clients are primarily women from low income households in rural and urban areas who aspire to better their lives and that of their families.
Images and trivia
Grameen Koota was visualized by Mrs. Vinatha M. Reddy in December 1996, inspired by the book ‘Give Us Credit’ by Alex Counts, President and CEO, Grameen Foundation USA. The book detailed remarkable stories of Bangladesh's poor who raised themselves out of poverty through the use of micro-credit during the microfinance movement, spearheaded by Nobel Laureate Professor Muhammad Yunus.
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