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Portfolio Report as on
28th FEB'2017 (In Crs)
District 07
SHG Formed
Loan Disb.
No of Loans
% of Recovery
BC Portfolio (Yes Bank)
No of Groups
No of Members   38090
Disb.Amount 75.58 Cr
Loan Recovered 63.03 Cr
Outstanding  12.55 Cr
ROI 24%
BC Portfolio (AROHAN)
Nos of JLGs 1946
No of Members 8582
Disb. Amount 22.63 Crs.
Loan Recovery 5.51 Crs
Outstanding 17.12 Crs.
ROI 25.96


24%,26%, 25.96% Reducing

LPF 1%
Insurance per Rs.1000 Rs.4


GU Financial Services Private Limited came into light with an objective to transform the microfinance portfolio of Gram Utthan, an NGO-MFI operating in Orissa since 1990. As a part of the  community development and livelihood promotion, Gram-Utthan ventured into Micro Finance program in the year 1996 and due to its effective delivery of credit mechanism, the total disbursement under the microfinance portfolio grew to Rs 148.77 crores by the end of  2008-09 covering 87117 across Seven district of Orissa.

The whole microfinance industry was feeling the pressure of further growth under the NGO form of organization and was in the process of searching for new option to achieve the desired growth. As a measure to face these challenges, an Increasing number of microfinance institutions (MFIs) are seeking non-banking finance company (NBFC) status from RBI to get wide access to funding, including bank finance. Banks were also looking to increase their exposure to microcredit sector through regulated entities only.

Keeping in view the immediate requirement of setting up an NBFC, the promoters went for acquiring an existing NBFC named Visudha Investment Pvt. Ltd registered with RBI Kolkatta.  To accommodate the microfinance business, the Objects of the company were amended by inclusion of microfinance and other financial services and changed its objective from an Investment Company to  a Finance Company. To establish a correlation of its existence to Gram Utthan, its name was also changed to G U Financial Services Private Limited after obtaining the NOC of the RBI. The fresh Certificate of Incorporation was issued by the ROC, West Bengal on dated 06th January 2010. Consequent to the change of the name, the company has applied for recording the amendment and issue of Certificate of Registration in the new name of the company to the RBI.

Since all the microfinance operation of the company is being carried out within the state of Orissa , for Management convenience, the Corporate Office of the company is established in Bhubaneswar.

 Download Company Bye-Laws                                         
Certificate of Registration                                                
  Article of Association                                            
  Download Audit Report 2009-10                               
  Download Audit Report 2010-11                                      
  Download Audit Report 2011-12                                         
  Download Audit Report 2012-13                                      
  Download Audit Report 2013-14                              
  Download Organization Profile                                         
  Download CARE Rating Report 2014                                
  Download Audit Report 2014-15                             



Operational Area


District Name
1 Jajpur
2 Cuttack
3 Dhenkanal
4 Kendrapara
5 Bhadrak
6 Nuapada
7 Balesore



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